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Deceased Estates – Deciding What To Do During Times Of Hardship

By Courtenay Morrison

We understand that in times of hardship, the decisions you make are highly influenced by emotions. As experts in handling deceased estates, we ensure the experience of our clients during this difficult period is as seamless as possible.

  1. Choose An Agent With Experience In This Element Of Real Estate

When it comes time to choose the right agent to handle your deceased estate, it is imperative that you select one with experience in this field of the real estate world. This is a sensitive period of your life; you don’t only need an experienced agent that you can trust to do the best by you but also one who understands your emotional involvement.

Likewise, select a solicitor who the agent can trust to build a coherent working relationship that can be exercised throughout the entire process.

Both your agent and solicitor must have the ability to empathise with your family during this time of extreme hardship. Selling a property can be a stressful journey at the best of times, and that is why the Ray White team pride ourselves on having the knowledge and ability to care for you and guide you through the entire process.

  1. Make Sure Your Probate Is Done Before Starting The Process

Remember, you can sell and market the property prior to having your probate completed, but unless your probate is done you cannot settle. Avoiding this step will increase stress surrounding the process and create a hostile environment that you don’t want to be in during this period.

  1. Choose One Family Executor

This is an emotional journey for the entire family and we understand multiple parties will want to be involved in the decision-making process. From our experience it is always best to select a family representative to liaise with your agent and solicitor to assist in making the process a smooth journey. By selecting one executor in your family to work with the agent on the sale, the process will become simplified and allow for a smooth transaction from start to finish.

  1. Auction Is The Way To Go

Auctions allow for an end result that is open and transparent. We highly recommend considering an auction for the estate to avoid unwanted conflict surrounding the sale. Create a price guide that is competitive. Looking into styling or refurbishing the property, as with any sale, can substantially impact the success of the sale on the day. Look into the details of the property and take the time to fix the forgotten issues, like cleaning, de-cluttering and minor property maintenance, as its usually decades of collected memorabilia, dust and grime that need to be addressed.

Deceased estates are a sensitive area in the real estate world that require expert advice and guidance from the best agents and solicitors. At Ray White, we work hard to make sure the process is seamless and stress-free for your family.

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