Want to sell your house with tenants in it in Kansas City?
Then you’ve come to the right place.
In this guide, we’ll show you exactly how to do that, what pitfalls you should watch out for, and the easiest way to sell your tenant-occupied house.
Let’s dive in!
Can I sell my house with tenants in it in Kansas City?
The answer is yes! You can absolutely sell your house with tenants in it.
Of course, there are a few things to keep in mind.
For example, you will need to give your tenants proper notice (usually 30-60 days).
You’ll also need to make sure that any potential buyer is ok with the idea of taking over an existing lease.
With that said, selling a house with tenants in it is definitely doable. It’s more a question of how you sell it than if you can sell it.
You could go the traditional route — but then you have to find a buyer who doesn’t mind dealing with tenants, or you’ll have to evict the tenants yourself. That can be tough.
Keep reading for the easiest way to sell with tenants!
The Easiest Way To Sell Your House With Tenants in Kansas City
The easiest way to sell your tenant-occupied house is to work with a professional home buying company, like us at Liberty Road Homes.
We have years of real estate investing experience and we know how to keep or evict tenants.
We’ll buy your house as-is (tenants and all), which means you don’t have to make any repairs or even clean the property.
We can buy properties with tenants in them that have month-to-month agreements or fixed terms — every situation is different and we’re flexible to work on your timeline for your specific situation.
Give us a call at (816) 290-7004 to learn more.
We’ll ask you some questions about your situation, then we’ll run some comps, and we can make you a no-obligation cash offer within 48 hours. If you accept, then you can pick the closing date (as soon as two weeks out) and we’ll make it happen!
There are no hidden fees, we’ll pay all closing costs, and we’ll work entirely on your schedule.
Give us a call at (816) 290-7004 to get started!
How To Sell Your House With Tenants in Kansas City The Traditional Way
If you want to sell your house with tenants in it the traditional way — through a real estate agent — here’s what that process looks like.
1. Determine Lease Agreement
The first thing you’ll need to do is determine the type of lease agreement you have with your tenants.
Are they on a month-to-month lease? A fixed-term lease that’s about to expire? Something else entirely?
This will help you know what kind of notice you need to give them (if any) and how to handle showing the property.
2. Understand Tenant Rights
Next, you’ll need to understand the tenant rights in your state.
How much notice do you need to give your tenants? Can they refuse to allow showings of the property? What are the procedures for evicting a tenant, if necessary?
It’s important that you understand these rights so that you can protect yourself (and your tenants) throughout the selling process.
3. Give Notice To Tenants
If you have a month-to-month lease agreement, then you’ll need to give your tenants at least 30 days’ notice that you’ll be listing the property for sale.
If you have a fixed-term lease agreement, then you might only want to list the property for sale after the lease has expired.
Keep in mind that even if your lease agreement does allow you to list the property for sale during the fixed term, most traditional buyers will not be interested in taking over an existing lease.
4. Find a Real Estate Agent
Once you’ve given the proper notice to your tenants, it’s time to find a good real estate agent.
You’ll want someone who has experience selling tenant-occupied properties.
5. Renovate, Repair, & Clean
Once you have a real estate agent lined up, it’s time to start getting the property ready for sale.
This usually means making some repairs, doing a deep clean, and maybe even renovating key areas of the house. This can be a particularly difficult process if you have tenants in the house who are not accommodating your needs when selling the property.
6. Show The Property
Your real estate agent will help you show the property to potential buyers.
Make sure to coordinate show times with your tenants in advance so that they’re not caught off guard.
7. Close
Once you’ve found a buyer who’s interested in your property, it’s time to negotiate a sale.
Your real estate agent will help with this, but ultimately it will be up to you to decide whether or not to accept an offer.
Final Thoughts
Selling a house with tenants in it can be a bit tricky, but it’s certainly not impossible.
Just make sure to understand the process and your rights (and your tenants’ rights), and you’ll be in good shape.
To make the process as easy as possible, give us a call at (816) 290-7004 and tell us about your situation. We’ll make you a fair cash offer and close according to your schedule.
We’ll even deal with the tenants for you!
About Liberty Road Homes
Thank you for visiting our blog. We’re proud Kansas City residents dedicated to purchasing off-market properties for cash without involving commissions. Unlike some ‘flippers’ or ‘investors’ looking to pay pennies on the dollar, we approach buying your home differently than everyone else…and we do that by LISTENING TO YOU.
We want to know, not just why you are selling, but what your goals are and how selling the house will help you reach them. We want to approach buying your home the same way we would as a friend or a family member. Our goal is to help create a scenario that is a win-win for everyone involved and everyone to end up better off than when they started.
This is what separates Liberty Road Homes from everyone else.
