Selling Vacant vs With Tenants
What Actually Gets You a Faster Sale?
If you own a rental property with tenants currently living in it, you might be wondering:
Will evicting the tenants and selling the property vacant lead to a faster sale without sacrificing the sale price, compared to selling the property as is with tenants in place?
The Key Things Landlords Fail To Understand
One of the key differences often missed is that when you sell your property with the tenants in it, you are no longer selling to residential buyers.
Instead, you are often selling to portfolio landlords who like the idea of being able to purchase a ready-made investment and skip the usual hassle required to get an investment property up and running,
This is a key difference which greatly affects speed of sale.
Portfolio landlords want to move quickly and are data and return on investment driven.
On the other hand, by the time you’ve made the property vacant, which can take 2-6+ months, you've already lost valuable time and income, especially with the Renters Reform Bill making evictions more difficult than ever.
And after all that, you’re relying on residential buyers, whose decisions are often driven by emotion rather than ROI, making them far less predictable.
Why not just sell the property tenanted directly to another property investor?
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