Why Is Being Probate Certified Important?
Does it matter if my Realtor is probate certified? Why should I consider that an important matter? When a real estate agent earns a certified designation, it means that they’ve taken it upon themselves to go beyond basic training. The extra training prepares an agent for a number of variables of complex situations that could happen during a real estate transaction, like probate or foreclosure. The additional training takes nothing away from handling traditional real estate transactions. In fact, the specialty training they’ve undergone often helps them to think and negotiate “outside-the-box”. In the same way, a commercial or luxury agent focuses on properties related to their “specialty”, a certified probate specialist, does the same.
Sure, any agent can take on a probate transaction, but will the outcome be in the best interest of the estate, for the heirs, or for the beneficiaries? Agents who are unfamiliar with the process and timelines can cause delays and even cost the estate. In the end, what’s best for the Estate is what matters. The court’s decisions, timelines, and documents are very specific. If the real estate agent isn’t familiar with these, they could cause delays in settling the Estate. The same could be said of an Executor going at it alone.
In many places, probate is a court process that can take 18 to 24 months to settle. So knowing what needs to get done is of most importance. Even if you have an attorney helping you out, they will only work on the legal matters. Did you know that only amounts to about 25 to 30 percent of the work? The rest falls on the shoulders of the Executor because the Executor is the one who has a fiduciary duty to the Estate.
I have assembled a team of service professionals, who can help with every aspect of probate, including the sale of real estate. Why is that important to you? Emotions are most likely running high, and you may still be grieving and unable to focus on what the court needs to be done. The Estate debt (if any) needs to be settled first, then whatever remains the court will split among the heirs and beneficiaries. Contact me for a more personal conversation on how we can help you through the probate process.