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Real Estate Tips

Investment Real Estate >Selling Rental Properties

Marketing a rental property presents some special challenges. Owners will probably want to offer the house for sale while tenants are still living there so that the property continues to bring in income. However, most real estate agents prefer that their listings either be occupied by the owner or empty. Tenant-occupied homes are often the most difficult to sell since the tenants may not share the same pride of ownership. They may not be eager for the property to sell, and as a result, the house is not shown to its best advantage.

When you put a tenant-occupied house on the market, it is important that you enlist the tenants in the effort to get your house sold. Talk to the tenants first to see if they have a desire and ability to buy the house. If they are not interested in buying, work out with them the ground rules for access to the house. In most cases, the new owners will want the tenants to move, and it will be important to work out alternate living arrangements with them. In each situation, work hard to create a spirit of cooperation with the tenants.

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Real Estate Trivia

Q 
On what famous American street can you find the most expensive retail space for rent anywhere in the world?

A 
Fifth Avenue, New York City, U.S.A. offers retail space for rent at the rate of $580 per square foot.
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The Franich Team, REALTOR®, real estate agent and broker for Blackhawk, Danville, San Ramon and Alamo, California home listings, property and land for sale - NUMBER1EXPERT

The Franich Team
RE/MAX Accord

313 Sycamore Valley Rd., West
Danville, CA. 94526
Direct: 925-736-1664
Cell: 925-330-2773
Fax: 925-964-0266
Email: Judi@JudiFranich.com

As preeminent real estate professionals in our community, we are dedicated to providing the finest service available while breaking new ground and setting new standards through the use of Internet marketing. Because the real estate industry is becoming more sophisticated and challenging every day, you need a professional that understands the industry and is positioned to stay ahead of the game. We can offer top contract negotiation skills and can save you thousands of dollars in buying and/or selling a home. Most important, we listen to your needs!

ABR CRS Equal Housing MLS REALTOR


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