3 minute read

Should You Sell with Tenants in Place – Or Go Vacant?

One of the questions landlords ask me time and time again is:

Venessa, should I sell my property with tenants in place, or wait until it’s vacant?

The truth is, there’s no one-size-fits-all answer — it depends on your goals and the type of buyer you want to attract.

Let me break it down for you.

Selling With Tenants in Place

This option can work really well for investor buyers. They’re getting a ready-made rental with income from Day 1, and you avoid a gap in rent while the sale is going through.

• Ongoing rental income
• No void period
• Buyer steps straight in as landlord

But here’s the catch: your buyer pool is smaller. Families or first-time buyers generally won’t go near a tenanted property, so it may limit your offers.

Selling Vacant

Going vacant opens the door to a much wider market. Buyers can picture themselves living there, and you’ve got the opportunity to freshen up or refurbish before putting it on the market.

• More potential buyers
• Chance to increase value with a refresh
• Better presentation for viewings

The downside? You could lose a few months’ rent while the property is empty. For some landlords, that’s a big factor.

My Take

There isn’t a “right” or “wrong” way — just the best way for you. If you’re looking for the highest sale price and are willing to forgo rent for a little while, vacant may be your route. If you’d rather keep things simple and hold onto income, selling tenanted can be the smarter move.

It really comes down to your priorities.

Let’s Talk About Your Property

Every property — and every landlord — is different. If you’re considering selling and you’re not sure which route will give you the best outcome, I’d love to chat it through with you.

Book a call with me today and let’s find the right strategy for your property.

Best wishes,
Venessa Afonja