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Probate Real Estate: 10 special needs of dealing with probate & estate settlement properties

By
Services for Real Estate Pros with Estate Settlement LLC

  •  Executors or control persons are often located out of town.
  • Estate attorney may be hard contact or communicate with.
  • Time delays due to court / executor / trustee approval process.
  • Unoccupied residence may not "show well".
  • Valuable personal property must be properly secured.
  • Household items must be properly allocated or disposed & records kept.
  • Importance of accurate, independent and objective appraisals.
  • Importance of having an; insurance, security and housekeeping / maintenance plan.
  • Multiple beneficiaries increase the likelihood of family disputes.
  • Emotional strain on family; grief, emotional paralysis and guilt associated with disposing of loved ones property.

 To establish a probate real estate marketing plan go here

To Join our Probate Realtor Linkedin Group  go here

By understanding and professionally addressing these unique needs a probate realtor can become an important asset in settling a family's estate. Skills established in this niche area will be rewarded by building of a "reputation of excellence" with estate attorneys and other professionals.

Marcy Moyer
eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales - Mountain View, CA
Probate, Trust, and Investment Specialist

Thanks for the info. It is interesting to me that so many realtors overlook tis great niche wen there is so little competition compared to short sales and reos.

marcy

Jun 19, 2010 12:29 PM