Barb Schlinker The Real Estate Voice

Selling a Rental Home - How to Sell Command Top Dollar and Make your Life EasierSegment 3Selling a Rental Home – How to Keep Your SanityBarb, sometimes people have to sell a Rental home, what are some of the things they should be prepared for?1. Tenant Not Paying?State Still has $20 Million to Hep Both Tenants and Landlords2. Top Question:  Sell wTenant or NOT?Depends:Tenant CooperationHow the Home Shows with TenantTenant Motivation3. Condition issues More Likely Tenant Occupied Properties:Put Retail Buyer Hat OnCarpet Odor?Can The Buyer Move In?To Get Top Dollar = Fix it up!Exceptions:Multi FamilySome buyers want to keep tenants4. Evaluate How Much it Will Cost to Remodel the Home:Buyers do not want to do any remodel workIf you have a rental you should budge for updating when its time to sell.Most popular things buyers want:Fresh flooringFresh appliancesUpdates in KitchenCan be as simple as new appliances - $3000New formica counters - $2000Updated baths:Can be as simple as:Updated light fixturesUpdated plumb