Jeff Dowler, CRS, The Southern California Relocation Dude (eXp Realty of California, Inc.)

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Rainmaker
1,027,602
Susan Haughton
Long and Foster REALTORS (703) 470-4545 - Alexandria, VA
Susan & Mindy Team...Honesty. Integrity. Results.

So many of our sellers have already moved out before putting their homes on the market, we do not see it that frequently, but it does happen.  I have worked with 2 sellers this year who needed more time.

Nov 18, 2016 06:24 PM
Ambassador
3,727,581
Patricia Kennedy
RLAH@Properties - Washington, DC
Home in the Capital

Yes, and in bidding wars, buyers often offer one for free to make their contract look better than the competition.

Nov 18, 2016 02:07 PM
Rainmaker
1,533,163
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
CEO of Vision Drive Realty - Coastal San Diego

I've annually dealt with them Jeff, no more or less than "usual" lately though if that's what you are asking. I had 2 this year.

Nov 18, 2016 09:33 AM
Rainmaker
2,224,473
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

It's so funny you should ask this. I just went under contract on two different properties and there is a post occupancy agreement on both of them. One for six months. I had a lease drawn up for this long term one so it was more comprehensive given the length of time the seller would be staying in the home. 

Nov 18, 2016 08:52 AM
Rainmaker
2,352,654
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

I hate rent backs - generally it is because they need more time before they can close on their new house but they are always a problem

Nov 18, 2016 08:28 PM
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Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

it's fairly rare in my market as we're a heavy second home market, but we've had a good bit of it this year.

Nov 18, 2016 02:27 PM
Ambassador
3,383,084
Chris Ann Cleland
Long and Foster Real Estate - Gainesville, VA
Associate Broker, Bristow, VA

Yes.  It's definitely not uncommon in the Northern VA suburbs.

Nov 18, 2016 01:16 PM
Rainmaker
1,499,368
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I've seen it a couple of times.  One last year and one this year. 

Nov 18, 2016 11:05 AM
Rainmaker
3,988,007
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I have seen a few this year but it is an uptick from years past. The norm here is that the seller is out on day of closing.

Nov 18, 2016 08:31 AM
Rainmaker
4,908,194
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

See it but most buyers want in right away also.

Nov 21, 2016 12:54 AM
Rainmaker
3,415,644
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

It is very rare. I tell my buyers no way, find a different home. For sellers who ask, it is unrealistic a buyer can wait to move in as most are primary homes. I did sell a vacation home where they did ot want to close to September so they coudl enjoy the lake. T&he buyer got a good discount for it

Nov 20, 2016 10:04 PM
Rainmaker
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Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

No, just in one instance lately.  A

Nov 20, 2016 01:38 PM
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Anna "Banana" Kruchten
HomeSmart Real Estate - Phoenix, AZ
602-380-4886

Never ever anymore due to the liability issues.

Nov 19, 2016 06:55 AM
Rainmaker
4,272,524
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

 That used to be commonplace in my area but I haven't seen it recently ...

Nov 19, 2016 04:30 AM
Rainmaker
529,983
Kathryn Acciari
Central One Federal Credit Union - Shrewsbury, MA
Mortgage Loan Originator

Quite frequently. Sometimes the property that the sellers are purchasing is not yet closed. The seller needed proceed from the house sale, and rents from the new owner for a week or so until the seller's new home closes.

Nov 19, 2016 03:30 AM
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Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

Yes. It is very common. It is also common that the seller gets a "free" rent back. 

Nov 19, 2016 03:12 AM
Rainmaker
4,800,082
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Yes, it's been happening with some sellers.

Nov 19, 2016 01:03 AM
Rainmaker
280,549
Jeanne Gregory
RE/MAX Southwest - Sugar Land, TX
The most important home I sell is YOURS!

Yes, because to err on the side of caution, the seller wants to make sure the closing happens before they move all their stuff.  A lot of lenders are not hitting the close dates in the contract.

Nov 18, 2016 10:56 PM
Rainmaker
987,652
Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

We do see them once in awhile but not often

Nov 18, 2016 10:51 PM
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Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

As long as the term and consequences are clearly spelled out, post closing occupancy isn't a problem.  Withholding extra monies in escrow at closing can give the seller additional incentive to get moved in order to get the remainder of their funds released.  

Nov 18, 2016 10:06 PM
Rainmaker
1,617,866
Harry F. D'Elia III
WEDO Real Estate and Beyond, LLC - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

It does happen in real estate

Nov 18, 2016 09:59 PM
Rainmaker
4,980,178
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Yes I am seeing it. Especially with the lenders often not meeting the closing dates. This way the seller is not out of the house and not closing for another week.

Nov 18, 2016 09:56 PM
Rainmaker
4,557,997
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

I've had the situation occur over the years.  Obviously not every transaction but some.   It's typically noted in the agent-only remarks of the mls so selling agents can let their buyers know of the possibility.  

Nov 18, 2016 09:52 PM
Rainmaker
5,197,704
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Not common in Florida but very common in the Chicago area! Go figure!

Nov 18, 2016 09:50 PM
Rainmaker
3,071,489
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Post Possession is highly discouraged.  Rent backs probably do happen - but have not personally been involved with them...

Nov 18, 2016 09:35 PM
Rainmaker
4,434,127
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

No.

Nov 18, 2016 09:35 PM
Rainmaker
1,723,426
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

Rare here in Florida. Saw one in the last 20 years. Cali; much different!

Nov 18, 2016 09:19 PM
Rainmaker
5,583,178
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

no, we are not seeing that....and I hope that continues!

Nov 18, 2016 08:50 PM
Rainmaker
5,096,866
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

I have two contracts right now with 30-60 day seller possessions after closing because sellers were waiting for new homes to be completed. But we knew this going in as part of our negotiations.... and in each case buyers were not stressed about having to move in right after closing. I probably get this situation two to three times a year.

Nov 18, 2016 08:46 PM
Rainmaker
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Paul Antonelli
Antonelli Realty - Saint Cloud, FL
Broker Owner; Antonelli Realty

it has happened a few times, we are lucky for that option.

Nov 18, 2016 08:11 PM
Rainmaker
1,840,906
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

No, not yet but I suppose there is always a decent percentage of that going on. Tough to close on 2 homes & move in 1 day.

Nov 18, 2016 07:59 PM
Rainmaker
7,799,084
Roy Kelley
Retired - Gaithersburg, MD

No. It is too difficult to evict those who do not move out as agreed.

Nov 18, 2016 07:09 PM
Rainmaker
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Jeff Dowler - not as many, though, in rare cases, yes.

Nov 18, 2016 03:49 PM
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Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Oh, I had those during the spring and summer months with our low inventory - it was tough to find a home before you sell.  That is typically part of the up front negotiations here.

Nov 18, 2016 11:54 AM
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Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

Not in a long time.  When they happen, I use a lawyer.

Nov 18, 2016 11:45 AM
Rainmaker
3,986,196
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Not very often and I hate them

Nov 18, 2016 11:19 AM
Rainmaker
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Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Jeff, I have treid to stay away from that as much as possible. it is fraught with peril just like early occupancy.

Nov 18, 2016 10:55 AM
Rainmaker
1,237,820
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

All the above. Try to limit to 1 month free and rest is to be paid by the buyers at the market price.

Nov 18, 2016 10:24 AM
Rainmaker
1,157,785
FN LN
Toronto, ON

There are many issues involved with a landlord-tenant relationship so a potential new landlord needs to fully understand the implications.

Nov 18, 2016 09:45 AM
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Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Not a problem for me, but if you do, then it is important that the new owners understand what is means to be a landlord and all of the pitfalls.

Nov 18, 2016 09:37 AM