I’m looking to liquidate my real estate portfolio and the tenant-occupied properties. What is the process and timing to sell?

Selling tenant-occupied properties requires strategic planning to ensure a smooth process. Here’s a quick overview of the steps involved:

1. Review Lease Agreements: Understand the terms of the lease, including tenant rights, and whether the lease is month-to-month or long-term.

2. Notify Tenants: Depending on local laws, you may need to give formal notice of your intention to sell. Clear communication helps maintain positive relationships.

3. Stage the Sale: Properties can be sold as tenant-occupied or vacant. Tenant-occupied properties may appeal to investors, while vacant homes may attract traditional buyers.

4. Work with an Agent: A real estate agent experienced with tenant-occupied properties can market to the right buyers and navigate legal requirements.

5. Choose the Best Timing: Spring and summer typically see more buyers, but if targeting investors, you can sell year-round. Be mindful of market trends to maximize value.

For a smooth liquidation, working with an expert is key to navigating tenant rights and market opportunities. Let us know how we can help!