Is it better to sell an investment property with a tenant or vacant

Landlords can sell their properties with a renter in place, even if a fixed term tenancy agreement exists.

However, if you can wait for the tenant to leave, you could potentially increase the market for your property. Don’t forget that most buyers are usually owner-occupiers. If there is a lease in place, buyers seeking a place to live will look elsewhere. Although, a longer-term tenancy agreement might be just the tonic for yield-hungry investors and self-managed super funds.

Moreover, there will be more restrictions about when potential buyers can inspect the property because tenants must be given sufficient warning about possible open homes or private inspections. At the same time, some tenants may be less worried about how the property presents to potential buyers.

On the flipside, empty properties seem smaller, and as an investor, you’ll take a financial loss if you’re selling a property tenant-free. To address this challenge, professional staging can help present a vacant property in its best light.

You can discuss the benefits and costs of staging your vacant investment property with your Raine & Horne sales agent.

Why Raine & Horne Commercial?

Our full-service commercial real estate network can provide in-depth knowledge of local and regional property markets, with insight and understanding that comes from being a part of a long-established national and international property group. Committed to personalised service and achieving unsurpassed results, our clients continue to benefit from our network strength, which allows substantial cross-flow of international referral, advice and investment.

The Raine & Horne Commercial network is comprised of 100% owner-managed offices and includes numerous industry leaders and award winners. We employ agents who are empowered, encouraged to share and who maintain first rate communication to deliver the best possible outcome with every transaction. We pride ourselves on staying abreast of local and national trends and developments in the property industry, resulting in consistently cutting-edge services and holistic solutions for our clients.

Our industry experts embody and respect the family-oriented values synonymous with the Raine & Horne Commercial brand, allowing us to provide a complete range of professional services for all aspects of commercial, industrial, retail sales, leasing and specialist properties.