Clean up property for Lease Option or leave as is?

3 Replies

Either way, leasing without the option, or leasing with the option you do much better to show a clean and more-habitable property. The first appearance indicating that a place needs cleaning and rehabbing gives the prospect the illusion that your terms are more-negotiable and drives the price down.

It also depends on the buyer, how much rehabbing the property needs and your financial ability to rehab the property. I always prefer that the seller does not rehab the property because I want to do it my way.

As a rule, in the rental business we never show apartments to prospects before they are 100% cleaned because we want to weed out the slobs who find a dirty apartment appropriate to occupy.