Though buying a Boston Beacon Hill condo and renting them out can be a good investment, there may come a time when you decide to sell a property. Unfortunately, this can be difficult if you have a tenant who is in the middle of a lease. It is possible to sell a Boston condo without violating a tenant’s rights, but you may need to use one of these 5 tips.

1. Check Your Lease

This should be your first step when trying to sell a Boston condo that is also a rental property. If the lease is month by month, all you have to do is give the tenant proper notification before terminating it. You can also terminate a lease if your tenant is violating any of the terms.

2. Provide Tenant Incentives

You can help speed the selling process along if you can show the property while the tenant is still living there. If the lease allows this approach, you may want to consider offering a rent discount to the tenant to keep the house tidy and cooperate during showings.

3. Market the Property to Renting Investors

You can sell the property without terminating the lease if you sell it to someone else who wants to rent your Boston condo. As long as the new owner agrees to honor the old lease, you can sell it while the tenant still lives there.

4. Try Selling to the Tenant

If your tenant is so firmly against leaving the property, consider offering to sell it to him or her. This can be a great way to let the tenant stay while allowing you to move on from owning the property.

5. Pay the Tenant to Leave

This option can be pricey, but sometimes it is the only way. You may need to offer several months of rent, moving costs, and security deposits at a new place to convince the tenant to move out.

For additional tips on selling a property while a tenant still occupies it, reach out to the real estate experts at Ford Realty. We provide listings for many different types of residential real estate in Boston Beacon Hill Call us today at 617-72-5454.

Author Profile

John Ford
John Ford
EXPERIENCE

Over the course of 20 years in the Boston downtown real estate market, John represented and sold numerous, condominiums, investment and development properties in Greater Boston and in the surrounding suburbs



In addition to representing Boston condo buyers and sellers, John is currently one of the most recognized Boston condo blog writers regarding Boston condominiums and residential real estate markets. John's insights and observations about the Boston condo market have been seen in a wide variety of the most established local & national media outlets including; Banker and Tradesman, Boston Magazine The Boston Globe, The Boston Herald and NewsWeek and Fortune magazine, among others.



HISTORY

For over 24 years, John Ford, of Ford Realty Inc., has been actively involved in the real estate industry. He started his career in commercial real estate with a national firm Spaulding & Slye and quickly realized that he had a passion for residential properties. In 1999, John entered the residential real estate market, and in 2000 John Started his own firm Ford Realty Inc. As a broker, his clients have come to love his fun, vivacious, and friendly attitude. He prides himself on bringing honesty and integrity to the entire home buying and selling process. In addition to helping buyers and sellers, he also works with rental clients. Whether you’re looking to purchase a new Boston condo or rent an apartment, you’ll quickly learn why John has a 97% closing rate.

AREAS COVERED

Back Bay

Beacon Hill

Charles River Park

Downtown/Midtown

North End

South End

Seaport District

South Boston

Waterfront

Brookline

Surrounding Communities of Boston
Contact
John Ford and his staff can be reached at 617-595-3712 or 617-720-5454. Please feel free to stop by John's Boston Beacon Hill office located at 137 Charles Street.




John Ford
Ford Realty Inc
137 Charles Street
Boston, Ma 02114

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