Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale (LAER Realty Partners)

Spam prevention
Ambassador
2,855,319
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

I don't list homes with challegening tenants. Not worth it.

Sep 01, 2018 08:07 PM
Rainmaker
3,272,375
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

I suggest tenant occupied properties ideally be vacant. Let's discuss. 

Sep 01, 2018 08:37 PM
Ambassador
3,234,091
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

If the tenants are challenging, I don't list until they've vacated the premises!

Sep 01, 2018 09:44 PM
Ambassador
4,113,046
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Bribes, we recently sold two that were tenant occupied, one got a 500 bribe after closing, the other bought the home.

Sep 01, 2018 10:34 PM
Rainmaker
916,497
Thomas J. Nelson, Realtor, ePRO, CRS, RCS-D
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

I asked the homeowner to offer them a reduced rent during the showing. Month as an incentive to cooperate and that must be in exchange for specific days and hours that I select each week that I can count on for showing and then I just schedule all showings accordingly: minimum three days per week including at least one weekend day. 🚫 Outside of that I don’t take listings were difficult tenants because it just drags out the process and it affects my efforts.

Sep 01, 2018 10:24 PM
Rainmaker
748,710
Doug Dawes
Keller Williams Realty - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

That can be a tricky thing Praful Thakkar 

I've seen a sale be held up for months because of a "challenging tenant" In this case the tenant was evicted. In another, the seller told the tenants they had to move and he waited until they did before placing on the market. 

Sep 01, 2018 08:29 PM
Rainmaker
1,469,622
Georgie Hunter R(S) 58089
Hawai'i Life Real Estate Brokers - Haiku, HI
Maui Real Estate sales and lifestyle info

Ugh - I agree, that sometimes it's just not worth it.  One time I did lend money to a tenant so they could put a deposit on another rental, and of course never saw that money again but it was worth it... so we could close escrow.

Sep 01, 2018 08:40 PM
Rainmaker
360,401
Susie Kay
Ultima Real Estate - Plano, TX
North Dallas Specialist

I would prefer to list after they have moved out.  Many times they don't make the house presentable or they don't approve the appointment so seller/landlord is wasting his time listing the home.

Sep 01, 2018 08:39 PM
Rainmaker
1,066,602
Valeria Mola
SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL
305-607-0709 SIB Realty

There are so many ways to motivate current tenants. 

All of them are required MONEY. 

Sep 02, 2018 11:52 AM
Rainmaker
1,047,478
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

I don't. 

Sep 02, 2018 05:59 AM
Rainmaker
1,416,404
Kat Palmiotti
Grand Lux Realty, Monroe NY, 914-419-0270, kat@thehousekat.com - Monroe, NY
The House Kat

If the home is being sold as-is with tenants in place, offer them some incentive to cooperate. 

Sep 02, 2018 05:04 AM
Rainmaker
805,974
Diana Zaccaro
Tropical Beachside brokered by eXp - Cocoa Beach, FL
"The Accidental Blogger" Cocoa Beach, Florida

It depends...if I also have the rental and property management listing, it is easier to deal with that issue. If the landlord or a PM company is handling the rental, it is a big problem. In that case, I suggest that the landlord wait until the lease runs out to list the property so the unit can be cleaned and painted before putting it on the market.

Sep 01, 2018 11:09 PM
Ambassador
2,348,119
Fred Griffin, on leave of absence from ActiveRain
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

      Unless it is being marketed to investors (tenant in place); get them out.  Wait until the lease runs out, cash for keys, violation of lease/eviction, whatever it takes.

Sep 01, 2018 09:01 PM
Rainmaker
1,517,838
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg IL Real Estate

Wait until they are out. If the landlord knows about it & how they act, then you really have no other choice. I would save my resources & energy.

Sep 02, 2018 05:30 AM
Rainmaker
1,493,608
Evelina Tsigelnitskaya
SIB Realty - Sunny Isles Beach, FL
www.SIBRealty.org 305-931-6931

It will be not easy. 

I would pay for each showing $20.00

It does work. 

Sep 02, 2018 02:47 PM
Rainmaker
2,773,526
Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale-Probate & Trust Specialist

With tenants like you describe ... I DON'T.  I recommend the seller give them notice to vacate. If they don't move - it goes to court. If they don't move again - we do a Sheriff eviction.  I recently went through that process with a client. 

Sep 02, 2018 08:47 AM
Rainmaker
700,186
Richard Bazinet /MBA, CRS, ABR
West USA Realty - Scottsdale, AZ
Phoenix Scottsdale. Sellers, Buyers & Relocations

There's a whole technique doing this, depending on the goals...

Sep 02, 2018 07:02 AM
Rainmaker
3,204,084
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Remove the challenge before proceeding! See comments by Fred Griffin.

Sep 02, 2018 05:56 AM
Rainmaker
576,879
Gloria Valvasori, Accredited Senior Agent
BETTER HOMES AND GARDENS REAL ESTATE SIGNATURE SERVICE - Mississauga, ON
REAL Experience | REAL Commitment | REAL Results!

I would not take the listing unless the tenants were gone if I knew in advance they were going to be difficult.

Sep 02, 2018 05:55 AM
Rainmaker
2,936,511
Richard Weeks
Dallas, TX
REALTOR®, Broker

Set the expectations with the owner up front.  Try to have seller offer a move out bonus to get them out of the property.

Sep 02, 2018 04:58 AM
Rainmaker
5,310,533
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Reduce the price.

Sep 02, 2018 09:43 AM
Rainmaker
4,358,969
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

I agree with Tammy Lankford, 

Sep 02, 2018 09:22 AM
Ambassador
3,939,669
Jeff Dowler, CRS
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude

I would suggest the owners offer a financial incentive to the tenants for cooperation around specific times and days for showings. But if they are not open to that I would not take the listing until the tenants are gone. I had a listing like this recently and being on the market while the tenants were in was simply not a good option for the seller. We waited and it all worked out.

Sep 02, 2018 09:15 AM
Rainmaker
4,911,025
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

I agree with Tammy Lankford, 

Sep 02, 2018 09:15 AM
Rainmaker
1,220,602
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

When they sign the lease, I have them sign the authorization to show and put a sign in the yard forms along with the "I'll cooperate form."  If they give me grief, I can evict based on breach of contract.

 

If it's not a lease I started and the landlord didn't get those forms signed up front, we need to get them signed before we can start showing the home or put a sign in the yard.  If they refuse to sign, it comes down to either waiting until the end of the lease or buying out their lease in a "cash for keys" type agreement.

Sep 02, 2018 09:05 AM
Rainmaker
389,351
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

The landlord typically gives the tenant a discount on rent to get them to cooperate with showings.  In the event this does not work, we have had tenants terminate the lease per the contract and get the tenant out in order to get the property sold.

Sep 02, 2018 08:46 AM
Rainmaker
530,677
Peter Testa
Nationwide Homes - Danbury, CT
PETER TESTA

Contact the tenant upfront, let them know you will not send anyone through without telling them 1st & that if they have any concerns they can call you. Spell out what it is you'll need from them upfront. Run everything through the owner & have them speak to the tenant about what is expected upfront. If the tenant refuses showings speak to the owner about that. If the tenant is not paying then you have another level of issues to deal with. They may not want to leave or comply. I've dealt with that successfully too but it's too long of an answer to layout here. 

Sep 02, 2018 07:22 AM
Rainmaker
990,791
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

If this is the Landlord's perspetive I cannot help them until they learn that they're operating a business. Tenants should not be "running" the roost.

Sep 02, 2018 05:58 AM
Rainmaker
1,136,855
Joyce Marsh
Regal | Christie's International Real Estate - Orlando, FL
Regional Manager Regal Christie's Int'l Realty

If at all possible, I prefer to list after the tenants have vacated. Too many complications. 

Sep 02, 2018 03:33 AM
Ambassador
1,624,525
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Reduce the rent for cooperation especially with same day showings.

Sep 02, 2018 03:30 AM
Rainer
91,432
Jon K. Judd
Keller Williams Realty - Central Delaware - Dover, DE
GRI, e-PRO, SFR, Delaware Homes

I've not had one as such, however, if the tenant is known to be really difficult, I'd be suggesting that they wait until the tenant has vacated the property.  Guess that's a bridge I'll have to cross if/when I come to it.

Sep 02, 2018 09:29 AM
Rainmaker
1,537,071
Mike Cooper, GRI
Cornerstone Business Group Inc - Winchester, VA
Your Neighborhood Real Estate Sales Pro

I had one at the beginning of the year. I eventually had to drop the listing. I begged the seller to wait until the tenants moved. She wouldn't. The tenants declined listings in mass and when they allowed them, they hovered around buyers. Most of the time, they were within 2' of the buyers. I finally fired the seller and moved on. A friend picked up the listing and the seller ultimately lost $16K on the listing. She just wouldn't listen.

Sep 02, 2018 08:19 AM
Rainmaker
832,466
Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

2 things I try:

1. Remove the tenants - either by agreement, buy out or eviction

2. Try to reason with the tenants

If both fail, I give the listing back until the tenant issue is resolved

 

Sep 02, 2018 07:13 AM
Rainmaker
4,796,627
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I try to get the landlord to wait until the tenants have left.

Sep 02, 2018 06:31 AM
Rainmaker
2,435,791
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Landlord tenant law is clear as to the tenant getting and receiving "quiet & peaceful enjoyment of the property". This has to be honored personally and professionally. Then, clear written communications as to what is going on & why and how it affects them. After this, the carrot is introduced. 

The carrot: money to get out or cooperate, free time (rent), references as to how good they are and have been, finding them another place etc.

Sep 02, 2018 06:11 AM
Rainmaker
995,252
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Wait for them to move out. Do not rush it. Buyers will consider the ugly side and walk away more often.

Sep 02, 2018 06:07 AM
Rainmaker
3,017,440
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

I've never in 25 years had one of those. The few times I've sold a home that had a tenant, I strongly advised my clients to wait until they moved out and they listened to me. If you have difficult tenants it will be a big problem to get the home sold and the owner will only end up blaming you.

Sep 02, 2018 05:37 AM
Rainmaker
4,041,657
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Convince the homeowner to list after the tenants have moved out!

Sep 05, 2018 05:22 PM
Rainmaker
3,978,945
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I tell the sellers that it is best o have them move out

Sep 03, 2018 05:58 PM
Ambassador
3,982,263
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

The majority of the time it will hinder a sale and I tell the owner so. If we can wait until vacant it will sell.

Sep 03, 2018 05:27 PM
Rainmaker
348,466
Teri Pacitto
Compass - Westlake Village, CA
Real Estate, Your Style...Your Home...My Specialty

I explain to the Landlord why the house should be SOLD after tenant vacates.  It's only going to add another layer of complexity to the traansaction.  Also, tenants can be huge obstacles in every aspect of the transaction.  

A difficult occupant upfront only gets more difficult once listed.  If at all possible I would avoid until the tenant vacates.  It's best for the Seller and I have a huge list of difficulties.  

Sep 03, 2018 12:52 PM
Rainmaker
1,072,984
Gary Frimann, CRS, GRI
Eagle Ridge Realty / Signature Homes & Estates - Gilroy, CA
REALTOR and Broker

I try bribing them with money.  I rarely list homes with tenants in them however.

Sep 02, 2018 08:35 PM
Rainmaker
1,822,647
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

Nightmare

Sep 02, 2018 02:55 PM
Ambassador
783,030
Mimi Foster
FALCON PROPERTY SOLUTIONS - Colorado Springs, CO
Voted Colorado Springs Best Realtor

This is the bulk of my listings these days. Depending on how difficult or how messy the tenant is depends on how I advise the Seller to proceed. Sometimes it's better to just wait until the lease is done, but many owners panic at the thought of double mortgage payments. 

We also build into our leases that if the tenant is uncooperative the last month of their lease with showing the property to prospective purchasers, they will be charged $50 per incident. It helps a little in making them more cooperative.

Sep 02, 2018 12:59 PM
Rainmaker
4,432,093
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Depends.

Sep 02, 2018 05:50 AM