Finally selling off my money-losing, cash flow negative, rental condo. Tenant is moving at the end of February. I haven't been in the unit in at least 5 years, but I've always heard what a neat freak he was. Well, now that I've had real estate agents in the house, I don't believe he's any kind of neat.
They tell me the tub and toilet look stained or dirty (in need of "professional cleaning") and probably recaulking.
The tenant has a closet filled to the top with boxes and stuff
The tenant has clutter on top of cabinets, etc.
On top of that, the place hasn't been painted in 7 years.
This condo doesn't seem to be in huge demand. The sales price will be almost 90K less than I paid for it in 2005.
With these things in mind, should I hold off listing it until he's out of the unit and I can address the paint/caulk/cleaning aspect?
I'm one of those people who sees clutter and is instantly turned off. Are most buyers like me or can they see through those things? Every month that I have to pay for the unit without his rental fees, I'm out $2400.
Is it worth it to delay until he's out or should I start having potential buyers even while all of his clutter is still there?
To be fair, it's not horrible -- he's not a hoarder or anything. It's just not going to be a vacant, staged unit like everyone is so used to these days.
Advice???
ETA: I forgot to mention that the tenant added a pot rack hanging from the ceiling between the kitchen and the living room, which I think looks awful and needs to come down ASAP. That will also need to be removed.
And some other shelves that he hung on walls.