Every real estate sale requires special handling, but divorcing property owners demand above and beyond attention.
Custom made considerations to be extra sensitive to what is going on beyond in the background of the real estate sale. Just listing, marketing the property for sale can be tricky enough but add on the high temperature environment of a nasty divorce. Put on a helmet, keep your head down and chose your words slowly or just listen. Divorce caused real estate sales tend to be a little rocky at times, details losts in translation because of all the folks brought into the split up from married to single. Together to alone. Or overlap, with someone new in the partnership.
Fireworks, not the fun kind. Emotions can run high and trust goes to heck in a hand basket during a divorcing couple real estate property sale.
The husband and wife don't trust each other, their lawyer, often even you the agent or broker hired to handled the real estate property sale.
Keeping the divorcing partners focused on the real estate sale instead of how much they resent the other can be like herding cats. Because hurt people are angry, tearful, at different places in the stages of grieving that spills over into what to do with the property bought together but now being split down the middle. Or more to one side or the other in the cut the cards and let's divide the assets. Involving court house steps, taking sometimes years to pull off for the final divorce agreement requiring the judge to make it legal and put on record for the world to see at the registry of deeds.
The feeling of your kids being ripped away or sharing time on and off with children is unsettling. A silent real estate salemen driven into the front lawn is embarassing.
Where is everyone going to live, when do we have to move, are the kids going to have to change school districts, etc. What is life ahead going to look like when someone gets served with divorce papers. When one partner moves out or stays put in the take a corner, wait for the next divorce "come out fighting" bell rings.
Bring in step parents, boyfriends or girlfriends to the life picture. Add in mutal friends that scurry away or take a side.
Grandparents who mean well but let it be known they never like the SOB, DOB in the the tie the nuptial knot. And your buyer and seller in a divorced fueled real estate sale can be a little edgy, a tad cranky.
Keeping the couple in the boat no longer floating in the tunnel of love they use to share during happy times. That is the challenge to get them to the real estate closing, not the chapel on time.
Re-thinking your finances and worry about the adjustment divorce causes to a person's life, how your kid's are going to have to shift gears as they share two houses is one of the most difficult transitions anyone can endure. And you get advise from everyone that wishes they had handled their divorce differently as you see the bitterness and resentment just below the surface bubbling up in conversations.
As a real estate broker handling the divorcing couple's real estate, there are extra levels in the layers of players. That get hired on as the couple "lawyer's up". The wheels of justice are slow and expensive enough on any matter. But when you add in the reason for needing legal representation and the billable hours tapping the wallet or purse is splitting up time with the kids, household items of who gets what, and 401 K's visited for early disbursement to buy one or the other out.
Stress times one hundred happens for the divorcing couple who is very low on sleep, even more testy during the discussion of a low ball offers.
Roll the real estate dice and get from pre-trial divorce mediation, the calculating child support and who pays for what in the days, years ahead. Putting everything on the table for negotiation besides just what to do with the property involved in a divorcing couple real estate sale.
Chiseling and hammering out a visitation schedule for the kids in the middle of a divorce that involves real estate which is where we come in.
Splitting up the property listing sales requires patience. And can often be reduced to a cut and dry math exercise if you can separate and contain the high emotions that permeate most divorced related real estate sales. Working with divorce lawyers to mediate the real estate sale can get the broker involved in some touchy subjects, private issues.
Real estate sales involving divorce puts us front row in a difficult situation that requires cool heads, calm hearts and trying to stay neutral. One partner in the split hates the other and wants you the real estate professional to come over to their side. It is a delicate handling of divorcing couple to get from the initial listing to the final real estate closing with any undue blood shed above and beyond the normal difficulties that can haunt a successful property transfer.
Staying professional and the couple focused on the task at hand takes experience, knowledge of the steps to set the expectations for a divorcing couple who often don't have much good to say about the other. Both can be pretty verbal and tell you exactly why as you try to fill out a listing, complete a real estate purchase and sales agreement.
It is a challenge but a reward to know healing will happen, life will go on for the divorcing couple selling or buying real estate. But you do worry about the kids involved because they want to love both parents if allowed to without being caught in the cross fire of divorce. Read the full article, get more about the special skills needed to easy does it, be extra sensitive for handling divorce real estate sales.