Selling a property can be a complex process, and one of the key decisions that homeowners must make is whether to sell with a tenant in place or to sell the property as a vacant property with a furniture package. Both options have their advantages and disadvantages, and it’s important to weigh them carefully before making a decision.

Advantages of Selling with a Tenant in Place:

• Consistent income: One of the biggest advantages of selling a property with a tenant in place is that it provides a consistent income stream. This can be especially valuable if the property is currently generating positive cash flow.
• Reduced marketing costs: When a property is occupied, it is often easier to sell because potential buyers can see how the property is being used. This can reduce the need for staging or other marketing costs.
• Reduced vacancy risks: If a property is vacant, it can be difficult to sell, especially if it is located in a less desirable area. By keeping a tenant in place, the property is more likely to sell quickly, which can help to reduce vacancy risks.

Disadvantages of Selling with a Tenant in Place:

• Limited control over the property: When a property is occupied, the homeowner has limited control over the property. For example, it may be difficult to make repairs or improvements, which can make it harder to sell the property.
• Tenant disruptions: Another disadvantage of selling with a tenant in place is that the tenant may be disruptive during the sales process. For example, they may be resistant to showings or may have loud parties that make it difficult for potential buyers to view the property.
• Tenant rights: In some states, tenant rights are very strong, and it can be difficult to evict a tenant, even if the property is being sold. This can make it harder to sell the property and can delay the sales process.

Advantages of Selling a Vacant Property with a Furniture Package:

• Increased control over the property: When a property is vacant, the homeowner has more control over the property, which can make it easier to make repairs or improvements that can help to increase its value.
• Flexibility in marketing the property: When a property is vacant, it can be more easily staged and marketed to potential buyers. This can increase the chances of selling the property quickly.
• Higher sales price: In some cases, vacant properties with furniture package can sell for a higher price than occupied properties.

Disadvantages of Selling a Vacant Property with a Furniture Package:

• Increased marketing costs: When a property is vacant, the homeowner may need to invest in staging or other marketing costs in order to make the property more attractive to potential buyers.
• Increased vacancy risks: When a property is vacant, it can be more difficult to sell, especially if it is located in a less desirable area. This can lead to increased vacancy risks and can delay the sales process.
• Higher costs: Selling a vacant property with furniture package is generally more expensive than selling an occupied property, as the owner needs to pay for furniture rental, cleaning and other expenses.

Ultimately, the decision of whether to sell with a tenant in place or as a vacant property with a furniture package will depend on the specific circumstances of the property and the homeowner. Both options have their advantages and disadvantages, and it’s important to weigh them carefully before making a decision.

Whether you’re selling with a tenant in place or as a vacant property with a furniture package, our agents will use their knowledge and expertise to help you navigate the process and achieve the best possible outcome. With Pure Real Estate, you can rest assured that your property is in good hands and that you will receive the best possible service and support throughout the sales process.