Whether you are a newly appointed executor, a personal representative or an attorney that has been retained by the estate or appointed by the court, it’s an absolute certainty that there will be difficult moments ahead.
First, there are usually the obvious emotional aspects of the situation. Often, the person chosen as the executor or personal representative to deal with the deceased person’s probate issues is also someone who is still grieving over the loss of that loved one or friend. Adding to that, the same person is faced with the added challenge of having to make many decisions about a home sale they may have no knowledge of or previous experience. These decisions have the added pressure of knowing that outcomes be very closely scrutinized and (all too frequently) second-guessed by family or friends. Couple this with the legitimate concern that everything must be handled “legally and properly” as well as all the horror stories about probates that have gone badly and the pressure and stress really begins to multiply.
I would never tell you that that being an executor or personal representative for real estate assets would be stress-free because important decisions will indeed have to be made. I have been there myself and I remember the emotional pressure the situation entails. As an experienced Real Estate Professional, I will make sure that you are always well informed throughout each step of the real estate process. I will help facilitate the sometimes-difficult conversations you may have to have with family members and other heirs. If you haven’t yet secured the services of a competent probate attorney, I can help provide several I know and I am comfortable recommending.
Here’s where I can really help. First, I will help you determine specifically what the most critical objective or objectives are in regard to the real estate that’s involved in the probate.
Do you need to dispose of the property as quickly as possible? If so, I can reach to my list of qualified investors. Often, this is vital to allow a surviving spouse to move into a more suitable location, handle medical or other bills or simply get asset funds into the hands of the heirs quickly. Many of the investors I know can often make offers within 48 hours on almost a property and can close in 2 or 3 weeks. Keep in mind that the ability to close quickly can be affected by but are often quickly the courts and recording office timelines are in the area.
Do you need to maximize the selling price to provide the greatest cash benefit to the heirs or stakeholders?
When maximum revenue is the focus, I will make certain the property is not only listed properly, but also actively marketed to provide maximum exposure. I will take the time to explain the current market analysis and factors that go into the pricing of the home. I take into consideration the current condition of the home, recent updates and any deferred maintenance that might affect the current market value. I can recommend contractors should we need to address repair items before market, coordinate an appraisal in addition to the market analysis if needed, recommend inspectors who can provide a detailed report of the home condition should we needed it.
Once we’ve set the price, this is where my experience, preparation, and savvy marketing skills come into play. I will guide you through the steps necessary to help you to stage and prepare your home for market. Qualified buyers will be impressed by the simple measures we take to show your home in the best condition possible. Clean, tidy, clutter-free space and lighting go a long way to impress buyers. Even if the home does not have all of the bells and whistles today’s buyer may want, making the place easy to tour and see the potential will entice the right buyer to make an offer on your home.
The home’s location or design is unique, and I will highlight those special qualities that will intrigue buyers to come take a look. I actively market the home and know how to showcase the property. My marketing delivers maximum exposure - through correct pricing, property preparation, high quality HD photography, property specific marketing material, easy agent accessibility, and the extra steps I take to ensure excellent visibility - both on and offline. My goal is the successful sale of the asset and will do my best to achieve that and find you the right qualified buyer for the best price and terms possible.