There are many differences between a probate sale and a traditional real estate sale. You can determine the most appropriate agent by asking pertinent questions regarding the probate or trust process. When interviewing real estate lawyers, ensure that you consider their experience and specialized knowledge. Consider the following questions when interviewing Probate lawyer Ogden Utah.
What Is The Process Of Probate Or Trust In Which You Sell Real Estate?
You may receive a casual “yes,” but inquire for further information. Does the person appear in court as an advocate for the estate? What percentage of the business does the person handle is probate or trust matters?
When Did You Start Selling Real Estate Related To Probate And Trusts?
Having an agent with experience in this specialized field is crucial when it comes to probate and trust real estate sales. It is imperative that the agent is knowledgeable about both the special disclosures and the Probate Code, so he or she can handle the sale efficiently and accurately.
In addition to long-term success, an agent should have several years of strong negotiating skills, which will be applied on your behalf. An agent should establish a system for clear communication between the parties and explain processes in “plain English.”
What Distinguishes A Probate Or Trust Transaction From A Typical Real Estate Sale?
Special disclosures, listing agreements, and marketing strategies are necessary when dealing with probate and trust real estate. In addition to having good relationships with probate professionals, such as court administrative officers, probate attorneys, and paralegals, your agent should be well versed in court protocols and have a good working relationship with probate professionals.
Do You Have Any Unique Qualities That Make You Stand Out From Others?
A highly assertive agent will be able to explain the services they offer, relevant experience and unique capabilities. During negotiations, lawyers will not be confident if they can’t think of anything unique about themselves. An agent with an impressive customer history, good communication skills, diverse marketing capabilities and excellent support is a great choice. When you ask questions, be aware of how the agent listens to you and how clearly and thoroughly the answers are given. All aspects of the transaction will be handled by your agent with that expertise.
What References Do You Have?
Professionals – including lawyers, physicians, and babysitters – should have references available. You should ask your potential real estate agent for references from a variety of sources. You should ask for references from the agent if the agent claims to specialize in probate sales. In the event that they do not have any references to give you, it’s likely that they haven’t sold this type of property. Ask your prospective probate sale agent specific questions about their references and verify their claims with them.
What Marketing Methods Do You Use For Probate And Trust Properties?
An agent should apply aggressive marketing tactics – even after an offer has been accepted – because this type of sale is different from a traditional sale. Ask to see marketing samples of similar probate and trust properties the agent has handled. A real estate property may be located elsewhere than where the seller and agent are located. When such circumstances arise, be sure to ask your agent how marketing will be conducted.
Would You Be Able To Send Me Examples Of Documents That I Would Be Required To Sign?
For real estate transactions, probate and trust lawyers should have access to the latest contract documents and disclosures. These documents should be made available to you and the explanations should be provided in plain English. When an agent is handling probate property sales for a trust, they are often asked to explain the legal and financial aspects of the transaction to clients, lawyers, accountants, trustees, and administrators. which is why you should ensure their explanation is clear and comprehensive.
You can save yourself time, money, and frustration by asking these pointed questions. It takes a delicate balance of the right people and tools to sell real estate through probate and trust. You should be able to entrust your agent with the whole process, from beginning to end, of buying and selling real estate.
We aim to offer complete, well-informed answers to all of your questions here at The Sanborn Team. In the real estate industry, there are no silly questions.
