One of the largest problems that Executors encounter when dealing with a Will is selling the property of the deceased.
Some of the issues that real estate Executors may have difficulty with is dealing with personal possessions, emotions of other family members, arguments, and preparing the property for sale.
The legality of probate and disposition of an estate requires knowledge and experience. Some estate properties have been stigmatized or psychologically damaged which may only add to the list of issues.
For Estates and Probates, it was important to me to create a unique and specialized listing plan that incorporates, if needed, a mediated-dispute resolution plan for the Executor, family members, and beneficiaries to assist the Executor and the estate's lawyer.
It is a high-touch plan that may need to be heavily involved but the sales process becomes much more effective and reduces potential legal costs by preventing possible family dispute issues.
One remarkable distinction is that the real estate commission will be 100% negotiable depending on the amount of equity within the home. Sometimes there is not enough money to cover expenses and you will need an industry professional that can be very flexible with charging commission.
However, not all Estates and Probates are problematic. I have closed many estate sales and I am happy to share my knowledge with you even if you need to sell privately.
If you are an Executor and need some guidance or support navigating difficult family disputes I will be happy to share some tips so you don’t feel like you are alone. Remember there is no cost for reaching out to get help, this is what Arcana Homes was created for.
If you have a few questions, send me an email or quick text and I am happy to share.