Estate Sales
Estate sales can be among the most complex real estate transactions. With many factors to consider, executors must manage the risk involved in selling real estate while maintaining their responsibility to other parties under a will. Over the past 15 years, we have gained extensive experience guiding clients through these sales; providing a trusted, expert hand and connecting you with the right resources to ensure the best return for the property.
How we make selling an estate easy.
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We know that selling a loved one’s home can be stressful. With complete appreciation for this, our team provides a full service approach that includes an opinion of value, preparing the estate for sale, coordinating movers, storage, and staging, as well as pricing and marketing strategy.
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Estate sales involve many complexities that executors often do not have insight into until they’re deep in the process. A variety of factors including tenants, unpaid property bills, mortgages, or necessary repairs can all complicate an estate sale. We work with you and your lawyer to ask and answer all the right questions, reducing the burden on you and ensuring the best return for your estate.
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Over the years we have developed an extensive network of professionals specializing in estate sales. From lawyers who can support navigating the complexities of estate sales, to contractors, stagers, movers, and estate content sales specialists who can support in getting a home market-ready, we call on a variety of trusted professionals who will form your estate sale support network through the sale.
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We offer both MLS and private listing options to all clients managing estate sales. Listing exclusively with us provides additional privacy, keeping your estate within our internal network of sales representatives, investors, and clients. We offer these options without compromising on results, enabling you to choose the path that’s best for you while ensuring we obtain the best price for the home.
An Exemplary Estate Sale:
83 Ivy Avenue
Sell for 125% above market value
Case Study: 83 Ivy Ave
Estate Sale FAQs
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Probate is a procedure to ask the court to either: give a person the authority to act as the estate trustee of an estate, to confirm the authority of a person named as the estate trustee in the deceased’s Will and to formally approve that the deceased’s Will is their valid last Will.
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As a part of the probate process, a lawyer will request up to three reports from realtors that provide a market analysis of what the estate/home is worth. We include these reports as a part of our services when working with clients.
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Generally, there are three taxes that are applicable when finalizing an estate. A probate tax (approximately 1.5% of the overall value of the estate), personal income taxes due and income taxes due on any trusts. More often than not, these are paid prior to any estate distribution to beneficiaries.
We recommend that all of our clients speak with their lawyers and accountants to better understand their own circumstances and the above is to be used as a general guide.
We have established a trusted network of lawyers and accountants who specialize in estates and would be happy to put you in touch with the right people.