A.D. CANTELMO REALTY/TONY CANTELMO
BROKER
TONY CANTELMO

A.D. Cantelmo Property Management
Our Business is Property Management Orange County California
 

Selling a Tenant occupied Property

Anyone who has ever sold a home understands how difficult it can be. The ups and downs and all the problems that can arise in a 30 – 45 day Escrow are many.  Selling Tenant occupied properties can have their own problems.  All of us in the Real Estate business understand that in order to sell a property, you need a property to be available for showings and A Tenant in the property can make showing difficult at best.

Notice of Sale and Entry

For those of us who use the forms from the “California Association of Realtors”, when we notify a Tenant that the property is going to be sold, we use the “NSE” (Notice of Sale and Entry) form. It notifies the Tenant that the property is being sold and with 24 hour verbal notice, the property can be entered by the Landlord and their Agent to be shown to potential purchasers. This is actually agreed to by the Tenant in the Residential Lease agreement.
 

Notice has been given, Easy to show?


Now that you have given notice and the Tenant is required with 24 hour notice to allow the property to be shown, all is good. Not so fast. Even though a Tenant may be required to allow a property to be shown, they can still make if difficult. First, they may change the locks so the Tenant has to be there for you to show the property. They may leave the property messy so it shows poorly. They may say that there is a sickness in the family, so showings will not be allowed. If this happens, it can be very difficult to show the property and as Realtors, we know that if it is difficult to show a property, we will move on to properties that are much easier to show.
 

Way’s to make selling the occupied Property easier


There are ways to make selling a property easier. First, wait until the Tenants move out, but that may not be possible so we have to be a little creative. The thing that we always have to keep in mind when trying to show a rental property that is occupied is that the people who live there are paying rent and they are not going to be very happy, having people barge through their personal property. What I try and do is limit the amount of showing to 1 day a week. I know that it is not the most convenient way of showing a property, but if you give other Realtors a time and day, they will be more apt to show the property. The next way to get Tenants to cooperate, is give them a rent rebate. Now I know that you hate to give up some money, but it may be worth it, especially if you are able to sell the property sooner because showing will be more convenient. Another thing I do is tell the Tenants that I will be there with every showing. That may be more work, but it gives the Tenants a little piece of mind, since they at least know who I am and I will assure them that their personal property will be respected. Respect is key, always treat the Tenants as if they are in control. Never try and force anything. Make sure you make it as non intrusive as possible.

It’s never going to be perfect or easy, but if you handle it with care, you can make it work and have a successful outcome.






        A.D. Cantelmo Property Management
Specializes in Property Management Orange SOUTHERN CALIFORNIA

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What my clients are saying  

5 reviews 5.0 star rating 1/21/2016 I was tired of using a large management team to manage my investment property. I felt I was always on the back burner. I was recommended to Tony from a business associate, he assured me I would be very pleased. Well that was an understatement, Tony is amazing. He's above all honest and always available for my concerns. I'm not as well versed as other investors with property management and maintenance and tenant relations, Tony has been an excellent partner and has guided me through quite a bit of needed repairs and worked far beyond what was expected to help turn my little investment into quite a prosperous investment, If what your looking for is prompt return calls, honest direction and someone very knowledgeable with general contractors and real estate laws, Tony is your man. Angela

 

~ Angela

5 reviews 5.0 star rating 1/21/2016 I was tired of using a large management team to manage my investment property. I felt I was always on the back burner. I was recommended to Tony from a business associate, he assured me I would be very pleased. Well that was an understatement, Tony is amazing. He's above all honest and always available for my concerns. I'm not as well versed as other investors with property management and maintenance and tenant relations, Tony has been an excellent partner and has guided me through quite a bit of needed repairs and worked far beyond what was expected to help turn my little investment into quite a prosperous investment, If what your looking for is prompt return calls, honest direction and someone very knowledgeable with general contractors and real estate laws, Tony is your man. Angela

 

~ Angela

"10 out of 10 I am so Happy Since I left my old company and I joined AD Cantelmo Property Co I am stress free I live in a different state and this company watches my house and always Mr Tony Cantelmo is on top of things I really want to thank you for what you do for me and I would really Recomend this Company to any and every one Thank You again. Shawn" ------------------- "I need to trust the people I work with and I trust Tony. He stays on tops of things, communicates well, and gets things done. He not only gets things done but he gets things done the right way. Jim"

 

~ Shawn

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