Seller's Agent Won't Let Me View Rental Property

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Seller's Agent Won't Let Me View Rental Property

Steve Ra
Member since 2021 · 2 posts · 0 votes

Hi,

I'm getting to ready to purchase my first rental property, but the seller's agent will not let me physically view the property because there is a tenant that is living there until the end of this month : 08/2022.

Is this common? Does this mean I have to make an offer and do the physical inspection during the due diligence period?

Any insight would be very much appreciated!


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Sergey A. Petrov
Real Estate Consultant · Seattle, WA · Member since 2022 · 1k+ posts · 784 votes
4y

Yes, very common. You make an offer, it gets accepted, then you schedule a viewing, inspections, and do your other due diligence.

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  • Karl McGarvey
    Real Estate Agent · Houston, TX · Member since 2019 · 763 posts · 500 votes
    4y

    This does happen sometimes, especially when the agent and seller are confident they can get an offer without someone seeing it. A lot of seasoned investors wont hesitate to drop $100 on an option period to force the sellers hand. It does mean you are probably going to have it under contract to see it, however if you just wait until the end of the month then you wont have to, however the second the tenant moves out and people can see it, your competition is going to go up

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  • Sergey A. Petrov
    Real Estate Consultant · Seattle, WA · Member since 2022 · 1k+ posts · 784 votes
    4y

    Yes, very common. You make an offer, it gets accepted, then you schedule a viewing, inspections, and do your other due diligence.

    1Reply
  • Steve Ra
    OP
    Member since 2021 · 2 posts · 0 votes
    4y
    Quote from @Karl McGarvey:

    This does happen sometimes, especially when the agent and seller are confident they can get an offer without someone seeing it. A lot of seasoned investors wont hesitate to drop $100 on an option period to force the sellers hand. It does mean you are probably going to have it under contract to see it, however if you just wait until the end of the month then you wont have to, however the second the tenant moves out and people can see it, your competition is going to go up


    Thanks for the reply! I'll have to review how an options agreement is structured. I appreciate the insight!
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  • Nathan GesnerBusiness Member
    Moderator
    Real Estate Broker · Cody, WY · Member since 2010 · 28k+ posts · 41k+ votes
    4y

    It's poor behavior, but it's not uncommon. Get it under contract and make sure you have plenty of time to inspect after the tenant is out. 

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