Buying and Selling Rental Investment Property
At some point as a rental property owner, the time will come when you’re ready to cash out and move on to a new venture, buy a different property or just take a break. If you’ve made the decision to buy a new investment property or sell a current rental property, Smart Partner REALTORS can manage the entire process to ensure a smooth, easy transaction.
At Smart Partner REALTORS, we have over 18 years of experience buying and selling investment and rental properties throughout Southern California. Our staff is extremely well-qualified and able to handle the entire sales process from start to close of escrow. We are also well rehearsed in 1031 Tax Deferred Exchanges and have experience with apartment building sales and purchases, single family homes, condos and townhomes.
What Sets Smart Partner REALTORS® Apart?
Because of our parallel tenure in property management we are also experts at managing the sale of tenant occupied properties and all the intricacies that arise in this delicate process – a very important distinction from your everyday real estate brokerage.
Preparing to Sell Your Investment Property
The first order of business will be to assess the current market value of your rental property and decide if any upgrades, cosmetic repairs or other changes need to be done to the property before listing it for sale. After all, buyers purchase with their eyes so having your property in tip-top condition will go a long way to getting you top dollar.
If you are planning to sell once the tenants have vacated you will have the most control over the condition of the property and when it’s shown. If it is still tenant occupied we can request certain standards be kept for showings and we will work closely with the tenants throughout the process.
Selling Tenant Occupied Property
The next step after any upgrades have been handled is to determine how to show the property if it is tenant occupied. Selling tenant occupied real estate can be challenging but there are a variety of ways to mitigate any issues that may arise. As we have already been managing the tenants for you, we are the best intermediary to handle communications about the prospective sale, setting up showings with the tenants, etc. to ensure a seamless process for both parties. We know how to gently and easily alleviate any issues that may arise during the process of selling tenant occupied real estate so rest assured – we’re prepared to handle everything.
Contact Smart Partner REALTORS today to discuss your options in buying or selling your rental investment property. It would be our pleasure to assist you with all your real estate investment transactions.