Selling tenanted property can be a complex process that requires specialized experience and knowledge. To successfully sell your property, you need to work with the right people.
Many mistakenly turn to regular estate agents, who often focus on selling properties to first-time buyers rather than tenanted property investors. These agents typically use generic marketing tactics that don’t cater to investors’ needs, slowing down the selling process and increasing waiting times.
This guide outlines the essential steps to sell your tenanted property at market value without using a traditional estate agent.
1. Partner with an Investor-Focused Agent
Instead of a regular estate agent, you need one who specializes in selling tenanted properties. These agents have established networks of investors and understand the specific questions and concerns they have, such as yield, EPC ratings, tenant situations, and refurbishment needs.
An agent experienced in tenanted property sales can effectively communicate with investors, enhancing the attractiveness of your property and ensuring a smoother selling process.
2. Market Your Property Strategically
To attract investors, your property needs to be marketed correctly. This involves creating property information packages tailored to investors, ensuring compliance before advertising, and using compelling advertising copy. Specialist agents know the best platforms and have networks of ready-to-buy investors, simplifying the process and speeding up the sale.
We have a network of over 20,000 investors, ensuring your property reaches the right audience quickly. Our marketing strategies focus on attracting motivated investors, avoiding the hassle of evicting tenants or preparing the property for first-time buyers.
3. Choose an Agent Committed to Getting You the Best Price
Many estate agents prioritize their profits over your selling price, often settling for lower offers to expedite transactions. In contrast, specialist agents work on a commission basis, aligning their interests with yours. They strive to get the best price for your property, as their earnings depend on the sale price.
Our commission-based structure means we only get paid once we sell your tenanted property, ensuring our commitment to finding the right buyer at the best price. We also offer selling routes with no upfront fees, charging a fixed fee to the investor instead.
Why Regular Estate Agents Can Cost You More
Regular estate agents often incur additional costs such as refurbishment, eviction, and legal fees, which can reduce your net earnings. These agents focus on first-time buyers, leading to longer selling times and increased expenses.
In contrast, specialist agents have access to a large pool of investors who are ready to buy tenanted properties in their current condition. This eliminates the need for costly preparations and guarantees a quicker sale.
Summing Up
Selling your tenanted property through a specialist estate agent is straightforward and efficient. Unlike regular estate agents who target first-time buyers, we focus on investors, ensuring a faster, more profitable sale.
Our expertise in communicating with investors, strategic marketing, and commitment to getting you the best price sets us apart. Our satisfied customers praise our professionalism and effective selling strategies.
Use our free valuation tool below to get an offer within 7 days for your tenanted property. Let us help you navigate the complexities of selling tenanted property with ease and confidence.