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5 Tips for Selling Your Probate Property

Selling a home is an emotional experience –– especially in probate.
 
As a personal representative, you may be emotionally attached to the person who passed, giving the property some sentimental value to you. As you walk through the rooms, you might be taken back to special moments and good memories.
 
Because this process can be difficult, I want you to know that you don’t have to go through it alone. 
 
With a few helpful tips and an expert support team, you can make this process go by as quickly and smoothly as possible during this trying time.
 
You may be wondering how to sell a probate property. Selling a probate property is no small feat. Once you take possession, there’s a lot of paperwork and processes that need to be checked and approved. Listing your home for sale requires more than just putting up a sign. You have to market it, negotiate with potential buyers and, most importantly, handle any problems that may arise along the way. But don’t worry – you don’t have to go it alone.
 
As a probate real estate agent myself, I want to give you 5 tips to help you sell your probate property:

With this rate, it’s estimated that you’d have a monthly payment of $423.76 per $100,000 you were loaned.

1. Check the condition of the home

As a personal representative, it’s your job to act in the best interest of the estate. Since the home might not have been occupied for a while, you’ll need to do a walkthrough.
 
Before you sell the property, it’s a good idea to take care of the upfront repairs to prevent problems down the road, like mold or mildew. There are also some probate court rules that apply when you sell your house. Remember –– the state’s rules are different than federal rules. 
 
If you follow the right procedures, selling the property house can go rather quickly.

2. Perform basic maintenance

Be sure to check in and make sure everything looks okay. You don’t need to Flip or Flop it, so put down the hammer, HGTV. 

Planning major projects or demos can actually delay the process, which is the last thing you want. Probate properties tend to sell fast and at lower prices, so you just need to ensure things are clean and well-kept.

3. Follow the rules (no exceptions!)

Probate is a rule-rigid system. To win the game, you have to play by the rules. Be sure to follow every step and fulfill every responsibility without cutting corners. Having an experienced probate real estate agent and attorney on your side can help ensure you know what these rules are and how to sell probate real estate under these regulations. 

4. Patience, patience, patience

Probate can have delays. Sales can fall through, legal issues can come up, and families, as you know, can often experience drama. If there’s one thing you take out of this process, it’s to have patience. 
 
Take a deep breath, and ask for the help and support you need during this stressful and difficult time.

5. Hire a probate real estate agent

This is a big one. 
 
I know a lot of people just hire the realtor who lives in their neighborhood or the one their friend referred. But if they aren’t an expert in probate real estate, you’ll be missing out on that support, knowledge, and guidance you need to get you through the process swiftly and seamlessly. 
 
Remember: Probate real estate ≠ traditional real estate. 
 
That’s why I’m here to help! I’m Josh V, a probate realtor in Los Angeles. If you need help navigating the probate real estate process, text me today at (213) 465-0936, and we can make a plan together.