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Selling A Rental - Vacant or Tenant Occupied?

February 13, 2018 | By Reece Homes Team

When selling a rental, should you maximize cash flow by marketing it in the final months of a lease or wait until the property is vacant to go to market?

We know from two decades working with homeowners and investors, the best results and lowest are found when the property is owner occupied or vacant... here's a short briefig to get us started:




KEY STATISTICS

Owner Occupied:

  • 90% Less Time on Market
  • 282% More Likely to Sell Above List Price

Tenant Occupied:

  • 72% Require 24+ Hours Notice for Showings
  • 35% Marketed "As Is"
  • 25% Require Assumption of Lease or Long Closing


BEST PRACTICES & MORE DATA

Are you interested in best practices and more data? We have your covered... check our more detailed briefing here:



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