Handling the sale of an estate property or, a house for which you are the executor or trustee, can be stressful for many people. Unlike a usual sale of a family home by the owner, a trustee or executor is often accountable to a larger number of people and has many more tasks to attend to.
In my experience, trustees or executors often live outside of the area and are trying to deal with matters on a long distance basis. This can be tricky and having a good team is essential. Lawyers, appraisers, movers, handypersons and the like are so important and a REALTOR® is often the person who pulls it all together.
Some of the typical tasks an executor or trustee may encounter are having to inventory and distribute household effects, changing locks, arranging for an appraisal of the property, finding a real estate salesperson, arranging for lawn care or snow removal, consulting with auctioneers, reuse centres or charities, preparing the house for sale, arranging for cleaning, repairs, packers and movers, finding property documents, canceling newspapers, changing utilities and notifying insurers. For someone residing outside of the area, where do they begin?
One of the first steps should be to find a REALTOR® who will work with you in putting together the team and detailing the arrangements with you. An experienced agent with local contacts can be invaluable. Take the time to seek recommendations and then, interview at least three salespeople to find the right fit for you. Taking the time to do this correctly at the outset will save you far more time down the line and will give you peace of mind.
Do you like what you’re reading? Click here to subscribe and we’ll send new blog posts directly to your email inbox. P.S. Bloggers like comments!
When it’s time to buy or sell real estate in the Collingwood, Blue Mountain or Georgian Triangle area, contact Marg, an experienced and competent Broker who’s ready whenever you are!
Marg Scheben-Edey is a Broker with RE/MAX four seasons realty limited, Brokerage in beautiful Collingwood, ON. With three decades of experience, Marg is a leader in the local real estate marketplace and is ready to help guide both Buyers and Sellers in achieving their real estate goals. Email Marg