We are experts in selling
rental properties.

As a dual-licensed real estate brokerage,
we are licensed to sell and manage real estate.

As a result, we are uniquely suited to sell your rental home in BC. Selling tenanted rental properties comes with key considerations and is regulated through the BC residential tenancy branch. We understand your rights as the landlord and the rights of your tenant. We operate within the boundaries of BC tenancy laws and treat your tenants with respect. If your tenants need to move after the sale, we help them find a new home.

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How BOLLD helps you sell your tenant-occupied rental property.

FREE RELOCATION SERVICES TO AVOID ANY DISPUTES WITH YOUR TENANT

We deal with uncooperative tenants.

When you’re selling your rental property, uncooperative tenants can make it hard to show your home. And you might lose potential buyers as a result. Selling rental properties can come with a unique set of challenges. If you’re not careful it can cost you both time and money when it comes to selling your home.

Understanding your rights as the landlord, the rights of your tenant, and when/how to serve a landlord notice of entry is crucial when managing the sale of your tenanted property. BOLLD’s expert property management team manages your home during the listing period and we make sure buyers have access to view your home.

Being transparent about the selling procedures with your tenant means that everyone feels comfortable with their rights and duties while the property is marketed for sale and when the home is sold. The worse scenario is a tenant refusing to move out of the home when it comes time for the buyer to take possession. In a flash, all the upfront time you spent to sell your home can be for naught if a tenant refuses to move out and the buyer pulls out of the contract. If a tenant feels wronged, they can go so far as to make a claim against you the landlord.

Your tenant may have reservations and valid concerns about being displaced when the home is sold. To mitigate potential friction, we offer tenants COMPLIMENTARY relocation services to help them find a new rental home.

Our experienced real estate brokerage understands tenancy laws and helps you sell your tenant-occupied rental property — Bolld Real Estate

Our experienced real estate brokerage arranges professional cleaning and shows your home at its best when listing the home for sale — Bolld Real Estate

BOLLD OFFERS YOUR TENANTS COMPLIMENTARY CLEANING.

We show your property at its best.

Tenant-occupied properties are often messy. People are busy with work and often have kids. It is not their priority to have your home ready for a showing on short notice. A tenant can accommodate when it comes to showing your home, but the presentation of your property will be entirely up to you.

BOLLD offers your tenants complimentary cleaning for the home and we reward your tenant if they keep the home clean for our showings. We agree with your tenant on regular showing times at the very beginning. Our goal is to work with your tenant to ensure we can show your home at its best and a prospective buyer gets a positive impression when viewing the home for the first time.

WE MARKET AND EXPOSE YOUR RENTAL PROPERTY TO HUNDREDS OF REAL ESTATE INVESTORS.

We get you the best offer.

For a tenanted property, the tenancy runs with the home. It must be assumed by the buyer unless the buyer intends to move into the property. As a seller, It is important to consider your potential cost arising from accepting an offer from a buyer that asks for vacant possession of the home.

We understand the value of every offer presented and the implications of tenancy laws when selling rental properties. As a result, you will understand the attached cost and true value of an offer from a buyer. Our experienced team of real estate professionals works on your behalf to mitigate any potential unforeseen cost and maximize your net returns when selling your rental property.

Via our internal network, we expose your home to hundreds of real estate investors. To get your home in front of the right audience, we prepare and implement a targeted marketing strategy. By getting your home in front of qualified buyers, we’re confident in marketing and selling your real estate investment for its highest value.

Our experienced real estate brokerage markets and sells your home for the highest dollar. We market to the widest buyer audience through platforms including MLS and personal networking — Bolld Real Estate

Speak to an expert to learn how to sell your
home for the highest return.

SPEAK TO AN EXPERT TODAY.

Recently Sold

206 6833 Village Green

Days on Market: 10
Original Price: $589,000
Sold Price: $607,000

6132 Oak Street

Sold for: $1,600,000

306 9262 University Crescent

Days on Market: 11
Original Price: $499,000
Sold Price: $565,000

OUR PROVEN PROCESS TO SELL YOUR HOME FOR THE HIGHEST DOLLAR

At Bolld Real Estate Management we specialize in selling rental properties.

Our 9 Proven Steps for Selling Your Tenant–occupied Rental Property

Wondering how much your home is worth?

LEARN HOW MUCH YOU CAN SELL YOUR HOME FOR TODAY!

Top 10 Frequently Asked Questions

1. How do you evaluate the value of my house?

The most accurate method to determine the value of your home is by preparing a comparative market analysis. A comparative market analysis (CMA) is a comprehensive analysis of prices of homes recently sold in the past 3-12 months and homes that are currently selling in the market. We analyze market data available on the Multiple Listing Service (MLS) of the Real Estate Board of Greater Vancouver. MLS is the most comprehensive database of homes sold in the real estate market in Canada. If the market analysis is done right, you can get a realistic estimate of the sale price range for your home. Real estate professionals can prepare a comparative market analysis that takes into account the features of your home and properties that have sold and are selling in your neighbourhood.

2. Why is the assessed value of my home different from what you say my home is worth?

The assessed value of your home and the market value of the property is often very different. The municipality uses the assessed value of your home to determine your property tax due for the year. The property assessment is usually prepared ahead of time and does not reflect current market conditions. There are homes that are worth more than their property assessment and there are others that are worth less than their assessed value. In short, the assessed value for property tax purposes has no impact on the market value of your home. There are buyers who question the listing price of a home if it is above the assessment value for the property. But experienced real estate professionals distinguish between the assessment versus market value of a home, and are able to adjust their buyer’s expectations. Likewise, experienced real estate professionals will get their seller client the highest price by listing and selling at a price based on the dynamics of the local real estate market.

3. Can I determine how much my home is worth from an internet search?

The simple answer is NO. When you search the internet and look at websites such as realtor.ca, you see the listing prices of homes. Sellers are free to list their homes at any price, but that does not mean the home is going to sell for the listing price. Real estate professionals employ different pricing strategies when selling their clients’ homes. Some might list lower to attract multiple offers and are aiming to sell over the asking price. Others list higher and negotiate. At the end of the day, the listing price of a home can be very different from its selling price. When real estate professionals use the MLS to complete a comparable market analysis, they’ll be able to survey both the listing and sold price for homes.

4. Should I price my home higher and leave room for negotiation?

Most prospective buyers these days are represented by a licensed real estate agent. In fact, the option for a dual agency where one agent is representing both buyer and seller has been banned (with very limited exceptions). Buyers’ agents will educate their buyers about the local real estate market. Consequently, buyers will be aware and base their offer on the fair market value of the home. Listing your home too high will not help to get more for your home and can discourage potential buyers from presenting an offer altogether. Buyers often feel that if the price is unreasonable the seller might be difficult to deal with and move on. If you price your home right it will sell more quickly and you will attract more buyers. An experienced real estate professional can work with you to set a targeted pricing strategy that works with market conditions. Pricing your home incorrectly can cost you.

5. How do you plan on marketing my home?

We prepare a custom marketing strategy for each home. Nowadays the majority of buyers start their search online. A well-laid-out online marketing strategy is key to a successful marketing campaign for your home. We not only list your property on the MLS, exposing your home to thousands of real estate professionals active in the market, but we also prepare a social media strategy and offer your home to hundreds of our real estate investors. When selling your home, it’s important to give your property the widest exposure.

6. Can I end the tenancy at my rental property if I am intending to list my home for sale?

As a landlord, it’ll be important that you work within guidelines prescribed by the residential tenancy branch. Tenancy laws work to set a fair and transparent relationship between a landlord and their tenant when it comes to a rental property being put on the market for sale. Fundamentally, the intention to sell a tenant-occupied home is not a lawful reason to end a tenancy in BC. The tenancy continues with the home even with a new homeowner. A buyer is required to take over the tenancy at the home unless they plan to move into the home or substantially renovate the property. As a landlord, If you end a tenancy unlawfully in BC, it can cost you up to 12 months’ worth of rent.

7. What if the tenants don’t cooperate with showings of the home and don’t want to provide access to the property?

BC tenancy laws require tenants to cooperate with the landlord’s decision to sell the rental property. Tenants are required to provide access and have the home clean for the showings. And as the landlord, you have the right to enter the home for the purpose of showing the home to prospective buyers. But in order to do this, you need to provide proper landlord notice of entry to the tenant. The delivery method of the landlord notice is very important and will determine when the notice is considered delivered to the tenant. People often falsely believe that a 24-hour notice to your tenant is sufficient. It is true, but your landlord notice must be hand-delivered to your tenant and a witness must be present. On the other hand, If you attach your notice to the front door of the home, the landlord notice is considered delivered three days later. The key is to work with your tenants and be respectful of their privacy and the fact that it is their home. Having an accomodating tenant can make a world of difference when it comes to selling your home.

8. What if the prospective buyers ask for vacant possession of the home?

A request for vacant possession will apply in situations where your rental property is tenant-occupied and the buyer wants the home to be vacant. In this case, as a landlord in BC, you will need to work with the tenant to arrange for them to vacate the home before the completion date of the property sale. Having a mutual agreement in place with the tenant will ensure you can best match the tenant’s vacancy date with the requested possession date from the buyer. As the seller, you can also serve a legal two-month notice for occupancy to the tenant on behalf of the buyer. Please note that if there’s a standing fixed-term tenancy at the home, the earliest date your notice can take effect will be the end of the fixed term. Serving a notice improperly can hold a landlord liable for up to 12 months worth of rent compensation to the tenant. Depending on the circumstances, working through a mutual agreement to end a tenancy can provide key benefits.

9. Is there a capital gains tax when selling my rental property?

For real estate investors, one of the benefits of owning real estate is selling and profiting from your property’s price appreciation. Selling your home won’t come without costs, and one tax that can apply is the capital gains tax. The tax applies against gains realized in selling your investment capital in Canada. Your capital gains denote the difference between your current cash proceeds and the amount you paid for a home. As capital gains taxes go, 50% of your gains are included in your taxable income for the year. To offer a reprieve, the tax agency provides a tax exemption where the property is for the owner’s personal use and enjoyment. If at some time during the year, you, your current or former spouse or common-law partner, or any of your children have lived in the property, you can designate a property as your principal residence. Once designated, you may be exempt from the capital gains tax. If your real estate investment is a rental property, you won’t qualify for the principal residence exemption, and capital gains will apply. However, it’ll be a small cost to pay for the period returns from an income property. If you speak with your accountant, there may be methods to reduce your capital gains tax when selling your investment property. Methods such as applying capital losses against capital gains and holding investments in tax-advantaged accounts such as an RRSP or TFSA account may help minimize taxes paid.

10. What happens if I am not happy and want to cancel the contract?

You may give notice anytime you would like us to cancel our listing services for your home. Our goal is that you have an effective and happy working relationship with our agent when it comes to selling your home. Anytime you aren’t happy and would like to cancel our listing services for your home, we take your notice seriously. We will have a discussion with you and figure out what works best for both of us. Having a listing agreement is a legal, enduring contract for an outlined term, and we will have a discussion and come to a mutual agreement if terms are to change.

11. How frequently and by which methods do you communicate with your sellers?

You will receive weekly reports with the sales activity in the local market. Our agent will be monitoring the sales activity and touching base with you about the listing performance for your home and important market updates. Weekly updates over the phone are important for us and if there are any important updates during the week, we will reach out to you as needed. Our real estate team emphasizes a proactive and transparent approach when it comes to marketing and selling your home.

Ready to sell your home for the highest return? Have questions?

Speak to an expert.

What our customers are saying

Roy C.

Getting tenants to view the property quickly and giving me peace of mind. I’m totally hands off and I’m happy with how things are turning out so far.

Alexander L.

A dedicated property manager was allocated to me. We can talk when issues come up. They’ve improved the communication with me when the tenant has a problem and I am informed quicker so I can take action to ensure the tenant is happy. Rent is always paid on time. I get good property inspection reports and updates on Strata meetings.

Bonnie. N.

Bolld is the best! I am extremely happy with their superb level of service. The experience over all has been nothing short of Great – everything is always taken care of in a timely manner. I can feel that everyone from Bolld genuinely cares and would highly recommend them to everyone!

Andrew Liem

Knowledgeable, Professional and Efficient. If you’re looking for a great team to help you find a place or help rent out your place look no further. This team is absolutely amazing and a pleasure to work with.

Tommy Kuan

Been renting from Bolld for 2 years now, everything going smooth! Going into my third year. Great on communication, bi yearly inspection and if anything comes up they will keep me updated. Happy with their service..

Jordan McCormick

I own two properties in Vancouver and decided to move overseas unexpectedly. I reached out to 5 different property management services requesting information on their services. Of the 5, Bolld Real Estate Management was the fastest to respond to my questions, the most professional, most comprehensive and offered the best value for my dollar. Leo’s team responds to my many emails in a matter of minutes. They are patient, understanding and incredibly supportive. They have gone over and above to help me, even before I have paid them a penny. They offer free advice and have many resourceful contacts to help you. Bolld Real Estate Management has simplified this process for me and have treated my family with the utmost care. I would highly recommend them to anyone seeking a top quality, high value property management service

Jayoung Lee

I only had positive experiences with this company. Very professional, always on top of things and very kind! They will go extra miles for you. I recommend Bolld!

Navid Khezri

Bolld in general and Bryna in particular have provided me with a superb service as far as finding the perfect home is involved. As a busy young professional, I have little time to look into finding and maintaining a property. Bryna has patiently listened to my requests and made sure they are met. She has my trust. Thank you.

Jackie Phua

I have recently list my home with Bolld & they sold my home in 3 days. Plus got me listing for places for to find my new home. I bought my new home within a week after my home was sold. They have been very professional, excellent service and also patient with me. They went above & beyond on their call of duty. I would recommend them to friends & family.

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Our experienced real estate brokerage has a guide to explain how we can help you successfully sell your tenant-occupied rental property — Bolld Real Estate

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