Can you choose not to sell to people who will rent?

[Anonymous]

I live on a fairly quiet, dead-end street of townhomes with limited parking. And, to be perfectly honest, not great construction such that you can hear what your neighbors are doing. We're planning on selling and moving back to the Midwest in a few years and I am wondering how much say we have in who buys our house, assuming the market is still such that we have multiple offers. There are some great renting families on our street, and there are some renters who are pretty nasty. Can you choose not to sell to someone who is planning to just rent the house out? I really like our neighbors and don't want to subject my neighbors to bad neighbors. This is our first house, so I have no idea what the selling process involves.

[Anonymous]

You don't have to accept any offer you don't want.

You might owe commission to agent if you reject a full-price offer, however.

[Anonymous]

Anonymous wrote:You don't have to accept any offer you don't want.

You might owe commission to agent if you reject a full-price offer, however.

Not true. If you were to decline to sell to someone, for ex. b/c of race, that would violate 42 USC sec 1981 and subject you to liability b

[Anonymous]

Anonymous wrote:

Anonymous wrote:You don't have to accept any offer you don't want.

You might owe commission to agent if you reject a full-price offer, however.

Not true. If you were to decline to sell to someone, for ex. b/c of race, that would violate 42 USC sec 1981 and subject you to liability b

It absolutely is true. It depends on the listing contract. Many have boilerplate that if the agent brings you a ready, willing, and able buyer at your price you owe the commission.

[Anonymous]

How would you know they are buying it just to rent? Unless I'm missing something.

[Anonymous]

Anonymous wrote:How would you know they are buying it just to rent? Unless I'm missing something.

That's another things; I don't know that I would know that they were planning on buying the house as a rental property. I dimly remember there was some kind of cover letter on our offer, but our agent prepared it.

[Anonymous]

Only way you can control that is to be home every time the realtor has a customer see your place.

[Anonymous]

Anonymous wrote:

Anonymous wrote:You don't have to accept any offer you don't want.

You might owe commission to agent if you reject a full-price offer, however.

Not true. If you were to decline to sell to someone, for ex. b/c of race, that would violate 42 USC sec 1981 and subject you to liability b

lol, that only protects you from governmental discrimination

[Anonymous]

I've moved out of state twice and I liked my neighbors a lot both times. But the reality is that you are going to have a TON of stuff to worry about. At the end of the day you are going to care about a good offer with a financially solid buyer. Really. It isn't worth subjecting yourself to a potential discrimination claim because you are worried about your neighbors who you may never see again. And even if you will be lifelong friends with them, they will probably not live there forever either and they will understand the dynamics involved in a sale.

[Anonymous]

Anonymous wrote:I've moved out of state twice and I liked my neighbors a lot both times. But the reality is that you are going to have a TON of stuff to worry about. At the end of the day you are going to care about a good offer with a financially solid buyer. Really. It isn't worth subjecting yourself to a potential discrimination claim because you are worried about your neighbors who you may never see again. And even if you will be lifelong friends with them, they will probably not live there forever either and they will understand the dynamics involved in a sale.

True, but after the lovely boys my immediate neighbors had a year or two ago, I would feel badly inflicting a similar situation on them. And I'm not sure what kind of discrimination claim I'd be subjected to - I'm white and young(ish), as have been all the bad renters in my neighborhood. But I see your point that in general it's the highest offer that one takes.

[Anonymous]

Buyers are not always honest, either. My siblings and I sold our parent's former home to a family who said that they were buying it for a family member to live in. They ended up renting it, and I am quite sure that they knew that we would have refused their offer if we had known they would turn the home into a rental property. I was happy to find out that after a few years, one of the tenants purchased the house and continues to live there.

[Anonymous]

You could sell to someone who's going to rent it and they may find nice people. You sell to someone who will live there that turns out to be a complete shithead.

There's just no telling, but at least renters are short-term.

Bottom-line you sell to whoever has the strongest offer.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:You don't have to accept any offer you don't want.

You might owe commission to agent if you reject a full-price offer, however.

Not true. If you were to decline to sell to someone, for ex. b/c of race, that would violate 42 USC sec 1981 and subject you to liability b

lol, that only protects you from governmental discrimination

Lol, reread Sec. 1981 (not 1983). Thanks for playing.

[Anonymous]

Getover it

[Anonymous]

Anonymous wrote:Getover it

Get a hobby. You're bad at trolling.