The market is moving pretty good, and you are thinking, maybe it is time to upgrade the rental property. The tenants' lease isn't up until July, and right now is a bit better to sell. What do you do?
Three things will sell your home:
- It’s easy to show.
- It’s priced right
- It looks great.
With a tenant in the property, #1 sometimes misses the mark. Do they decline showings? Lock the screen door so the agents cannot get into the lockbox. Leave the home a mess?
Most residential leases state the tenant has the right for a 24-hour notice for a showing, so this may make it difficult, especially on weekends when most buyers want to see property.
While, tenants may agree to the showings, they may not leave for the showings. This can make the buyer very uncomfortable and unable to get a great sense of the house.
No matter how beautiful your home is, it may not translate well if the dishes aren’t clean and dirty laundry is thrown about. You can’t guarantee what the house will look like if you aren’t there to clean it.
Whenever possible it is easier in the long run to wait until the tenant moves out, then list the property. You will have fewer headaches, and the property will sell faster.