Can Tenants Affect the Sale of My Apartment?
Ultimately, yes. Tenants restrict access to your apartment, which makes it hard to bring prospective buyers through whenever it suits them. By limiting the times buyers can view the apartment, the number of potential buyers reduces.
Tenants may also have their own furniture and belongings in your apartment, which can clash with or work against the style and design of your apartment. This can make it particularly challenging to attractively market and promote your apartment to new buyers.
Of course it's not in your best interests to leave your apartment vacant. We understand this. That's why we have strategies in place to account for tenanted apartments.
Are you worried about tenants affecting the sale of your apartment?
Get in touch to see how we can help you.
Prefer just to listen?
Timestamps:
00:07 Tenants restrict access
00:30 Tenants negatively affect your ability to market your apartment
01:05 How do you sell when you do have tenants living in your apartment?
Are you worried about tenants affecting the sale of your apartment?
Get in touch to see how we can help you.
Want to learn more about apartment selling? You may find these useful:
- Why sales statistics in your building can mislead.
- How do you find out what your apartment is actually worth?
- What are all the costs when selling?
- What about your tenants? Will they move out?
- Does having tenants affect the sale?
- How we value your apartment.
- What is the best time of year to sell an apartment?
- How long does it take to sell an apartment?
- What does the owner have to do to sell an apartment?
- What method of sale suits your apartment?
- What taxes are involved when selling?
- What do I do if I don’t live in Auckland or am overseas?
- Do I need to contact my rental agent or body corporate when selling?
- What happens if the agent you have chosen doesn’t deliver?
- What happens if you want to change agents?
- How to choose the best agent to get you the best price?
- How much is commission?