Tenanted property

Tenanted property

A property from a deceased estate was tenanted and remained unsold for 10 months, managing Agent of the tenancy was originally appointed by the owner prior to his death and this agent was also now handling the sale marketing of the property as tenanted. Moresol was engaged to review the marketing progress, we assessed the tenanted position as impeding the sale campaign, we identified issues with poor presentation and buyer inspection access times.

Moresol recommended vacant possession be obtained, following vacant possession, the Moresol team arranged a new Agent and rolled out an enhanced marketing strategy approved by the estate. The property sold within 2 months of Moresol engagement with price achieved above Agent’s market appraisal values.

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tenancy prop

Date

20 July 2016

Tags

Deceased Estate

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