It sucks right now to sell a property with a Tenant. Yes it does. Uh huh, and here’s the proof.
In the past 30 days (as of this morning) There were a total of 619 sales in the Edmonton market. 416 of those were single family and 203 were condos.
Of the 416 single family sales in Edmonton on 11 of those were marked as "occupied by tenants" in the MLS database. Which amounts to about 2% of single family homes sold in Edmonton
Of the 203 condos sold in the past 30 days in the Edmonton market 7 were marked as tenant occupied. Or roughly 3.4% of all condos sold in Edmonton in the last 30 days were tenant occupied
Part of the reason that the sales are so low is, with the amount of choices that buyers have when they are looking at homes in Edmonton they don’t want to bother with making someone have to move when they have plenty to chose from. Then comes the REALTOR perspective of why deal with the headaches of showing a tenant occupied property and the possession issues unless that buyer is an investor or that property is exactly what the buyer wants.
So if time is of the essence then ixnay on the enantstay.
