Importance of Using an Experienced Broker
Getting a referral for a Real Estate Broker is a great way to get connected. Just know, not all Brokers are created equal. Finding an experienced Broker, who specializes in serving estate sellers, can make or break the experience.
Here are some scary scenarios YOU CAN AVOID when working with MVP:
- Inexperienced Broker listed an estate home at a price that was insufficient to paying off the mortgage. The home went under contract, nearly ready to close the deal, and Escrow found the mortgage was TOO HIGH to continue with the sale. This opened up everyone to the risk of a potential lawsuit by the buyer to recover costs.
- Title in estate scenariors are conveyed differently than a typical home sale. Something unique that your everyday Broker may not know.
- Without consulting their attorney, one representative disbursed funds to another heir prior to the settling of the estate. The heir used those funds to SUE the sibling for even more!
- Another representative held up the process, thinking they had no time restrictions. One of the other heirs took them to court for holding up the sale.
- Another example where a representative used their own money to renovate the estate home rather than use estate funds, risking the possibility of not getting reimbursed.
- And so many more!
These are real experiences, from real people. Know that you need a team on your side to assist you with the unique situations that come with settling an estate, even if you have purchased and sold homes yourself.
We work closely with your attorney, to meet your specific needs. There are even some scenarios where it's not in your best interest to move forward with a sale. MVP is not afraid to let you know what is best for YOU. We have your best interests in mind.
See some estate specific testimonials here! For other testimonials in other situations, click here and here.
MVP has helped so many families / personal representatives handling estate sales throughout the years. Let us be your guide.
We are well versed in other aspects of real estate, such as:
- Buying and Selling
- Financial Planning
- Property Valuations
- Estate and Divorce Sales
- Property Condition Assessments
- Repairs and Improvements
- Cash Out Sale Opportunities
- Rehab Programs
- 1031 Exchanges
- Short Sale Lender Negotiations
- Rental Management
- Home Maintenance
- Troubleshooting