Probate real estate sales are vastly different from non-probate sales for two primary reasons:
- A probate sale involves the sale of real property owned by someone who passed away. That means the person actually selling the property is most typically someone named in a Will and/or otherwise appointed by the Court to manage the probate estate.
- The person appointed by the Court becomes an officer of the Court and assumes fiduciary duties and liabilities in managing the estate’s assets.
Hiring an Agent to List a Probate Home
Executor Fiduciary Duties
An Executor selling real property, which is likely the most valuable assets of an estate, definitely wants to uphold their fiduciary duty, which means a legal responsibility that involves a high standard of care to manage property for a person. It only makes sense then that an Executor hires an experienced Certified Probate Real Estate Specialist who understands an Executor’s Duties and legal obligations.
Probate Real Estate Agent Duties
A probate agent has legal duties and obligations as an advocate of a probate estate. This means the agent definitely must have specialized knowledge, training and experience in the probate sales process.
Kathleen Daniels is a California Real Estate Broker certified in probate sales. She is also a paralegal and a certified Project Management Professional (“PMP”). The PMP credential is a globally recognized certification that demonstrates one’s experience, education and competency to lead, manage and direct projects. Managing a real real estate transaction is the same as managing a project.
The sale of probate real estate managed by our team is guaranteed to incorporate project management skills which include systems set up to track and monitor the entire process. Appointments are kept and deadlines are met. We keep the lines of communication open with Executors and Attorneys. No one is ever left guessing the status of a probate sale.