Welcome back to the Capital City Real Estate Group video blog! I’m Marc Iafrate, Broker-in-Charge of the Capital City Real Estate Group here in Raleigh. Today we are going to discuss 3 Tips when Selling an Investment Property in Raleigh to make your life easier!
Are you thinking about selling a home that you have rented out for some additional revenue? If so, you’re likely trying to discern how to best inform the current tenants and conduct the sales process in a way that works well for all of the parties involved. In today’s video blog post we’ll explore how to sell your home while you’re renting it out to tenants and share three tips that can make the process a bit easier.
Review Local Laws and Your Tenancy Agreement. First, you’ll want to review your tenancy agreement and download any state laws that apply to landlord-tenant relations. Selling a home with renters living in it can result in a number of sticky situations. You’ll want to ensure that you conduct yourself in accordance with the rule of law. If you have any questions, be sure to consult with an attorney!
Communication is a Vital Part of the Process. You’ll need to ensure that you’re communicating with your tenants every step of the way. Meet with them to let them know that you would like to place the home on the market, and explain how the sales process is going to work and how they are protected as tenants. Allow your tenants to ask questions and see if they may be willing to buy the home from.
Don’t forget to fully inform your tenants as to how home showings will work, as they’ll likely be concerned as to who is being provided with keys to their home.
Finally, if you’re faced with some uncooperative tenants that are making the sales process challenging you may find incentives help the process go smoother. You’ll need their cooperation in keeping the home relatively clean and tidy.
Selling a home currently occupied with tenants can be a challenge but the professional real estate Brokers at the Capital City Real Estate Group can help you achieve your goals and manage every detail of the process.
And remember, you can always rely on your Capital City Real Estate Group Broker for helpful tips and referrals for trusted professionals whenever you need them.
To search all homes for sale in the Raleigh area and surrounding communities, visit this link to our website http://search.capitalcityrealestategroup.com/search-landing.php
Marc Iafrate, MBA
Capital City Real Estate Group
(919) 390-7810 Office
8319 Six Forks Road, Suite 201
Raleigh, NC 27615