I’ve had to address this three times over the last 6 months. The sales market is hot, hot, hot and folks are wanting to cash out during this time of low inventory and high sales prices.
But it is also a great market for rentals.
It’s a tough situation. Frankly, I think it just stinks all the way around for owners, renters and the folks in the middle trying to help every one wade through it. As much as I want to sell more homes, I think it is just easier to wait until the lease runs out which is what we did with one of my newer listings.
“Trouble is, selling a house with a tenant can be as big a headache as finding a suitable tenant in the first place. ” AMEN!
I completely agree with the thoughts in this article “Selling a House with a Tenant Living There: What Are Your Options.”
The Arkansas REALTORS Association also offers a lot of support for both landlords and tenants including a handbook.
Enjoy the read.