One of my current clients have moved twice since I started managing and renting their local townhome almost 5 years ago.
They are now exploring the possibility of selling the unit and have had their real estate agent view the townhouse and give them a selling extimate and market analysis.
Meanwhile, the townhouse residents want a KNOWN lease end date if they are to renew their lease and they know they will have a better chance securing a new home in the SUMMER of 2014 than March, 2014 which is when the owners' real estate agent is telling them they need to put their property on the sales market.
An e-mail from my residents last night said it very succinctly - they don't think they can find suitable housing next March and are better off moving THIS/2013 summer and have a KNOWN lease end date next summer....and they are correct.
.....SO * when these CURRENT residents MOVE at the end of their current lease this summer, the townhouse owners will ONLY be offering a 8 to 10 month lease AT a greatly REDUCED rent to accommodate their sales agent's suggestion that the townhouse be vacant March, 2014.