Selling a rental property

Selling a rental property

Few questions and would be grateful for the insight. Selling one of a few properties that are all run from the same business account. The new buyer is shocked they do not just get our login info, business, ratings, etc. we explained the business is not for sale, just one of the properties. They are obviously very new to this world. They also want all pics, videos, etc of our property which cost a lot of time and money and the way I see it, that is part of our business. 

Here is where it gets stickier..... if we continue to book rentals for this property until the sale goes through, shouldn’t they pay us for all bookings until the closing date? What are opinions out there? If sale does not go through, we want to keep up our own excellent service, ratings, and income and if the sale does goes through, should that be a contingency item with a rental agreement as part of the sale??? We are being told by our own realtor that we should continue renting it in good faith? I’m an extremely kind person, but really???? Not sure this realtor has our best interest or perhaps a conflict of interest even???

2 Replies 2
Helen3
Top Contributor
Bristol, United Kingdom

If you know you are selling a place you shouldn’t continue to take bookings you can’t guarantee will take place @Linda2603 


Just leave it open for say three months - so you don’t accept booking you can’t honour. Or just snooze the listing so you don’t get further bookings (this is what I did).

 

if a buyer wants to run it as an Airbnb why not offer to sell  your listing photo’s, video’s (assuming you have shared copyright.

 

I don’t understand your comments about being paid for bookings until the closing date? 

Couldn’t see any listings on your profile by the way @Linda2603 ??

 

 

 

 

Thank you so much for the response! We might have to snooze it at this point. The new buyer is not understanding about the photos and videos.... they are telling us we should just be handing it over in “good faith” so they are delusional:)