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What are people usually thinking here? I don't understand.
Landlord and tenant live on the same lot. LL doesn't want to put a sign in the yard because he doesn't want his tenant to know he's selling.
But when the tenant sees people coming and going, he'll know anyway.
It's common in my market that there are no showings on a rented property until there's an executed contract, contingent on the buyer seeing the property. That way they only have to "bother" the tenant the one time, unless that buyer backs out do to the interior condition/floorplan.
I think that is pretty common. Tenants can become difficult if they know the property is for sale.
Tenants sometimes move out as soon as they hear the property is for sale. If there are 2 buildings on the same lot, one of them will remain a rental, so the buyer might want the tenants to stay. The landlord wants that income while the property is for sale.
A sign on the property will bring strangers in off the street to peer in windows, and tenants generally don't appreciate that.
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