Re: “Creative Selling?” - Posted by JoeKaiser
Posted by JoeKaiser on July 12, 2002 at 21:06:55:
Good tenants are valuable and mucking around with their tenancy is rarely a good thing. It’s good business to minimize their inconvenience. Just knowing your units, their home, is for sale is bad enough. Having to show it to the guy who is going to raise their rent next month is the last thing on their list.
Multi-unit properties are sold contingent on a physical inspection of the building, and only a buyer who has commited to the purchase get’s to take a look.
Some people keep a unit vacant just to be able to show it at any time, with a final inspection of each unit taking place once the deal is in the final stages of closing (some buyers don’t even look at all the units . . . dumb).
I take lots and lots of pictures whenever I get a unit ready-to-go just so I can use them down the road to show any prospective buyers.