About this episode
In this episode of The Real Estate Podcast, we dive into the complexities of selling a tenanted property, especially in Ontario, where laws heavily favour tenants. From dealing with below-market rents to strategies for cooperation, we walk through everything sellers need to know. Whether you're a landlord, investor, or realtor, this episode offers practical advice on navigating tenant-occupied sales for a smoother and more profitable experience.Don’t miss Part 2 next week, where we tackle the buyer’s perspective when purchasing tenanted properties!************************0:12 – Intro0:49 – AI scams & personal side chat5:31 – Market talk: Buyers wanting to move11:38 – Housing affordability vs. practicality12:53 – Intro to selling tenanted properties14:27 – Seller challenges: Curb appeal & tenant cooperation19:28 – Upside of being a tenant in current conditions20:00 – Legal restrictions on evictions in Ontario21:25 – How to gain tenant cooperation for better showings24:17 – How tenant presence affects pricing and perception27:35 – Easy fixes: baseboards, light switches, and grime28:23 – Due diligence in tenant screening29:48 – Outro/recap************************Want more real estate podcast discussions?Watch it here: youtu.be/uLhNb8fdHt4Listen to it here: https://open.spotify.com/show/1pwncyet9NydbgTmx5D21kCatch clips and highlights of the show here:http://www.instagram.com/kormendytrott************************Our Social:Instagram: http://www.instagram.com/kormendytrott
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