https://www.youtube.com/watch?v=RJsjvXQ2w0g
Selling with Tenants: The Complete Playbook for Landlords: In this episode of Talking Realty, Glen Whitten, founder of the Ohio Property Group, provides an in-depth guide on how home sellers can effectively sell properties with tenants.
Glen shares his ‘How To Sell With Tenants Playbook,’ offering strategies to navigate marketing, pricing, showing properties, and handling difficult tenants without disrupting rental income or alienating buyers.
Key topics covered include the importance of knowing why you’re selling, communicating with tenants, prepping and photographing the property, handling showings, and negotiating offers tailored for rental situations.
Glen also emphasizes the need for transparency and how to leverage various financing and valuation techniques unique to income properties. Additionally, Glen discusses the significance of providing a comprehensive investor packet and the benefits of presale inspections.
For landlords ready to sell, this episode provides actionable tips and tools to simplify the process and maximize profits while maintaining good relations with tenants. Access to all referenced materials is available on TalkingRealty.com.
Key Moments:
00:00 Introduction to Selling with Tenants00:35 Welcome to Talking Realty01:07 Real-Life Seller Interaction01:40 Key Decisions for Sellers02:44 Understanding Your Motivation03:17 Handling Tenant Relationships05:21 Importance of Transparency11:47 Pricing and Marketing Strategies15:55 Photography and Virtual Tours21:23 Creating an Investor Packet27:10 Key Maintenance Questions for Property Buyers27:40 Importance of Maintenance Records and Warranties28:28 Utility Costs and Investor Packets28:53 Laundry, Parking, and Appliances29:44 Preparing the Property for Market30:05 Engaging Potential Buyers30:09 Handling Tenant-Occupied Properties31:55 Setting Up Showings and Managing Tenant Relations35:28 Curbside Offers and Pre-Sale Inspections37:14 Dealing with Difficult Tenants43:08 Summary and Final Tips44:32 Due Diligence and Closing the Deal48:46 Rebounding from a Failed Deal50:01 Final Thoughts and ResourcesKey Resources:
Ultimate Home Selling Toolkit (Free!)“Rich Dad, Poor Dad” by Robert KiyosakiCap Rate CalculatorKings IslandCedar PointRegal CinemasEpisode 12: How To Get More ShowingsEpisode 21: Going Back On The Market (Rebounding)Wireless Camera Security SystemContact Information:
Podcast Website: TalkingRealty.comOhio Property Group: OhioMLSFlatFee.comEmail: [email protected]Associates Title WebsiteRyan Phillips / Associates Title: 614 419 2418Glen’s BlogBook: “You Can Sell It” by Glen WhittenCourse: “Living To Listing” Complete Listing PrepGlen’s Call Schedule@OhioMLSFlatFee @ohmlsflatfee @OhioMLSFlatFee Ohio MLS Flat FeeOhioMLSFlatFee