How to sell a tenanted property
I have only one property, which is tenanted, and I am thinking about selling it, but I am not sure the best way to do this.
I would like to sell it with the tenants in situ mainly because they have been good tenants and I want to avoid eviction.
I have contacted a few online companies, but they only want to give me 85% of the property value, which I obviously do not want to do.
Just wondered from other landlord’s experiences how you sold properties, please? Did you just use a regular estate agent? Are there any specialist agencies you would recommend?
Many thanks.
Clair
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2nd rental property suggestions please?
Member Since June 2020 - Comments: 22 - Articles: 170
9:00 AM, 16th January 2021, About 5 years ago
Reply to the comment left by Chris Harris at 16/01/2021 – 08:45
Lol 🙂 my bad – we would all become tenants in a flash 🙂
Member Since October 2016 - Comments: 55
8:48 PM, 17th January 2021, About 5 years ago
Sell at auction, with the extra catalyst of… an auction date! Unlike the ‘modern method of auction’.
Fees approx £1500+VAT fixed. Probably £250 up front for compiling the listing and 3D model. Recommend national brand like SDL. But not another brand which ‘sounds like’ wolfe in sheep’s clothing. I can’t say anymore, but suffice to say their guide prices are shocking fakes.
It will be done & dusted at timed auction, so why wait? Life is too short.