Sharon Vornholt - Let's Talk Real Estate Investing

10 Tips for Working with Executors of an Estate

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Sinopsis

People think it’s tricky having conversations with executors of estates, but that really isn’t true.  Today I want to put your mind at ease when it comes to having these conversations and give you 10 tips for working with executors of an estate.  After all, that’s exactly what it is; you really are just having a conversation with an individual that has a problem.  They have a house that is part of an estate that they need to sell.    To List or Not to List? There are two scenarios here. The first one is that the executor decides to list the property with a Realtor.  Some of the properties will definitely be listed on the MLS. Today we are definitely in a seller’s market and the inventory is low. What that means is there are more buyers than there are houses for sale. In many areas there are multiple buyers competing for each property. However, a lot of the properties in estates will be sold to investors. That’s why it’s critical that you get good at working with executors. This means you have to be comfortabl