Several aspects need addressing: 1. What does the condo look like with him in it, as opposed to out of it? Has she furnished it and kept it in a condition that improves the eye appeal of the unit? Is it clean, bright and spacious (including closets) with your tenant in it. Does your tenant have a pet? smoke? cook smelly food? or on the positive side, are they a neat fanatic?
2. Do you need the income from the month-to-month desperately? If so, will the month-to-month agree to the staging suggestions of the agent you hire (since you're in TN, I presume by your email)? For example, I am a licensed Realtor Associate, but I have also taken staging courses and know how to present and stage a property to maximize what you have and get a top price quickly. Will the tenant agree to allow the home to be staged, if they stay?
3. Use an agent who has familiarity with renters if you're an absentee (i.e. Tennessee with a Boca property) landlord, so they can speak and be part of the negotiations and dealings with the renter in person. For example, my husband is partners in a large apartment building and his negotiation skills with renters are superior than mine, but my staging skills outdo his. Makes us a great team of Realtors.
4. Are they current in paying the rent? Are there children in the condo? Will they let the condo be shown freely? Does it look better furnished? Does it need repairs, touchup paint, etc..?
5. Is it more a seasonal condo or is it more a year-round?
and 6. Do you want to get the highest price possible or do you just want to dump it fast or a combination of both?
Regardless of which way you go and what professional Realtor you use, please feel free to email me and ask for my selling and staging tips -- since I'm educated and experienced in both, I have some really good ideas for you to use whether an empty or occupied property. If you'd allow us (Seymour and Kathleen Fineman) to see your condo and offer suggestions and give you a listing presentation, we'd appreciate that also. I'm sure you'll find the two of us to be the most qualified to handle the task.