| Your income
property advisor will be able to help you
establish the most appropriate time to put your property
on the market. They will have a sense of the supply and
demand in your area and will be able to advise you on
timing, as well as price. But there are a few other
factors that will affect when you should sell and how
you should handle closing times:
Your Tenant
Obligations
If you need to deliver
vacant possession you will have to deliver your tenants a
notice to terminate tenancy and you will need to allow
them the appropriate number of days notice. Review
your leases to see when the earliest termination notice
can occur.
The Investment Landscape
Network with other investors or
income property agents to stay aware of market
conditions. Wait for periods of increased demand and be
ready to act fast to capitalize on these favorable
conditions.
The Cost to
Carry a Vacant Property
You may choose to
vacate your tenants prior to listing to simplify
showings and transfer of ownership. Or, tenants may
choose to leave when they find out the property is being
sold. Determine how long you are prepared to keep
your income property on the market without generating
revenue if it doesn't sell quickly. | 
