When a family member passes on, the difficult business of managing their estate begins. This is a complicated and overwhelming job, one that requires a wide range of knowledge on more than a few things, and it’s best to leave much of the important details to the experts. When you’re in the position of needing to sell an estate, be sure you have the following people on your team. They can help you through the process and look out for your best interests.
1. An Appraiser
The items in a home may be going to certain people, they may be left up to the discretion of the family members, and many of them will need to be sold or disposed of. When it comes to selling assets in an estate, you’ll need an appraiser. People can often over or under-value items when they’re being sold, especially if they hold sentimental value, but an appraiser can help you get the right price, and help you sell the things that have to go in a timely manner.
2. A Lawyer
Trust representatives and estate executors are essential to estate sales. They not only represent the interests of all parties present, but also ensure that the will of the recently deceased is honoured as best as possible. Their presence can help your family work through a difficult time, especially when many variables can easily lead to strife or misunderstanding. But with the right legal team, everything can happen a little more smoothly.
3. A Real Estate Agent
Real estate agents are absolutely necessary for any kind of estate sale or liquidation. They can help you get the property in the right listings and shown to the right kind of people. They can also help move the property more quickly, so you can start to move on with less stress and the knowledge that the property was sold for a reasonable and competitive price.
4. Cleaners and Contractors
One of the most important things you’ll need to do with an estate before it goes to market is have it thoroughly cleaned and brought up to modern expectations. Often, especially with older homes, the property and its contents will be undesirable for today’s buyers, so it’s absolutely imperative that the home be cleaned and renovated to attract a modern audience. This may mean updating the electrical and plumbing system
When someone important in your life passes on, settling the estate is a necessary step that requires a lot of different expertise. Be sure to find trusted professionals that can help you every step of the way, so you can settle the small details and focus on the more important things.
Posted by Gurpreet Ghatehora on
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