Hello, I am Paloma and this short video is "Avoiding Probate Sale Pitfalls: A Realtor’s Perspective" and is one of a series of probate videos produced by Kevin Day with Central Metro Realty, a REALTOR® in Dallas, Texas who specializes in the sales and marketing of residential real estate while in the probate process.
As an executor, managing the sale of a probate property comes with its unique challenges. To help you navigate this process smoothly, Kevin has shared six common pitfalls to avoid, along with tips to overcome them!
Pitfall, not getting a proper appraisal can lead to pricing the property incorrectly, either too high or too low.
Tip, always hire a certified appraiser to get an accurate valuation of the property.
Pitfall, overlooking necessary repairs can decrease the property's market value and make it less attractive to buyers.
Tip, conduct a thorough inspection and address any needed repairs or improvements before listing the property.
Pitfall, incomplete or incorrect legal documents can delay the sale and complicate the probate process.
Tip, work closely with a probate attorney to ensure all paperwork is in order and filed correctly.
Pitfall, title issues can cause significant delays and may even halt the sale.
Tip, perform a title search early in the process and resolve any issues promptly.
Pitfall, poor marketing strategies can result in fewer offers and a longer time on the market.
Tip, partner with a REALTOR®, like Kevin, who specializes in probate sales and has a comprehensive marketing plan that includes professional photography, floor plans, virtual tours, video, showcased listings on Zillow and customized landing pages.
Pitfall, overlooking the emotional impact on family members can lead to conflicts and complications.
Tip, communicate openly and sensitively with all involved parties, ensuring everyone is informed and heard.
If you have any questions or need further assistance, feel free to call, text or email Kevin Day with Central Metro Realty, he's available to help you navigate the probate property selling process and achieve the best possible outcome.
If you are outside of the DFW metroplex Kevin has a network of probate specialist in all 50 states, and around the world. He can refer you to one that works in the area of where your property in probate is located.
If you found this content valuable please help us out by giving it a thumbs up, subscribe and click the notification bell. This really helps us help others navigate the selling of properties in probate, thank you for taking a few minutes to watch this video.
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