Special Situations Call For Special Agents
Unfortunately, one of the reasons real property must be sold is because of death of the owner. This is a very difficult time for the person(s) charged with the task of managing the sale. Working with an agent who is experienced in the nuances of settling estates will make the job of the executor/trustee easier while assuring the best possible outcome for the heirs/beneficiaries.
Q: Can't every real estate agent handle a probate or trust sale?
A: Not really. Let's face it, there are agents who are marginal at best in the work they do and the representation they give their clients. If you are the Executor or Trustee of an estate, you want to be certain that the agent you hire has the experience and the knowledge to guide you through this complicated process.
Q: What makes this type of sale different than any other?
There are very specific regulations that govern the marketing and sale of inherited property that differ substantially from a traditional sale between parties, including using the proper forms, delivering proper notifications to the courts and/or beneficiaries, and minimizing the risk to the executor or trustee of potential adverse claims through proper marketing and disclosure.
Q: Is there a specific designation or specialized training?
No. There is no specific designation for probate/trust sales. Agents become experienced through trial and error. Make sure that the agent you hire isn't learning on your transaction!