SELL AN investment property
We are uniquely qualified to
buy and sell
WHY CHOOSE us?
TMG is uniquely qualified to buy and sell investment properties because we manage investment properties. Since 1985, the expertise we offer our clients is unrivaled by any other Realtor in the area. We’ve literally seen it all and know how to handle it successfully. That experience and knowledge makes buying and selling an investment property with TMG smooth and cost-effective.
Buying or selling with TMG provides cost savings that you won’t find anywhere else:
- Discounted sales commission.
- For TMG Property Management Services NW clients, close-out costs and early termination penalties are waived.
- No charge for sales-related trip visits to the property.
Unlike other Realtors, when you sell with TMG, you get a team with vast experience turning properties. We use TMG Maintenance Services NW or other vetted vendors as necessary to get the property sale-ready quickly and efficiently. We take care of coordinating the work, and you benefit from our established relationships and volume pricing with our vendors.
If we are currently managing your property, we are already familiar with the details. When we sell it for you, we are able to provide the buyer with full documentation of the property’s rental history and maintenance record.
If you have tenants that will be moving after the sale, we will handle the move-out inspection and deposit transactions for you. If you have an active lease and the tenants will remain in place, we can continue to provide property management services to the new investor if they choose to do so. Either way, we will communicate with the tenants and make sure their needs (and legal requirements) are met during the process.
THE SALES process
When you decide to sell an investment property that is managed by TMG, we will provide you with an estimated sales price and a breakdown of the anticipated net proceeds from the sale. If there are tenants in place, we will let you know when the lease expires and if/when tenants will be given notice to vacate. The Sales Broker will become your Property Manager from that point forward and will assist the tenants throughout the remainder of their tenancy. The broker will contact the tenant to let them know about the sale and what their options are for moving, staying in the property with a new owner, or potentially purchasing the property.
IF THE TENANT IS MOVING
If the tenant’s lease is not completed, we will give them the opportunity to vacate the property before expiration without penalty (with your approval). This allows the property to be vacated sooner, expediting the move-out inspection and performing any repairs and maintenance necessary. The tenant is only responsible for paying rent for the remaining days they are occupying the property. If needed, we can help the tenant find a new property to rent with TMG.
A move-out inspection will be performed to assess what work needs to be done to make the property sale-ready. We will deduct the cost of damages from the tenant’s deposit according to their lease agreement, and distribute the deposit to the tenant.
Once the property is vacant, the Sales Broker can begin coordinating maintenance work. When the property is sale-ready, we will take photographs and begin marketing the property.
IF THE TENANT IS STAYING
If a buyer is looking for an investment property to purchase, having a reliable tenant already in place can be a big selling point. Whether the new owner chooses to contract with TMG for property management or hire someone else, we will facilitate the transfer of all account history, tenant information, and deposits.