There is a new way to sell probate property, without the estate bearing any of the selling fees and with no risk of the service being a gimmick or subject to hidden terms.
Protecting the integrity of inheritance in an estate is a priority for any executor and in any typical probate property sale, the estate will pay the fees of the selling agent which in turn will impact the final inheritance amount.
But …what if you could sell probate property without incurring any fees?
We have an introduced a new way of selling probate property where the selling fee becomes the obligation of the buyer, a buyer’s premium.
In our Zero Fee Open House service you, and your client, will not be subject to any fees and we will continue to deliver the great service that: –
- typically delivers a sale in half the time of traditional methods
- whilst achieving full market value or more
- at zero selling fee
- protect the integrity of the inheritance
This is a great way to continue to deliver probate services to your client and capitalise on the enthusiasm of the potential buyer.
Zero Fee Open House Service
Our Zero Fee Open House service has been designed to garner interest, seen through to offers, in a quick space of time. Far from sacrificing the final value at the whim of the quick process the mechanism normally achieves full or above asking value.
So how does it work …
We hold several open day events at the property to attract interested parties. These events tend to generate great interest which in turn generates competitive bids, which typically meet or exceed market value, all in a short space of time.
What’s more, the fee of the service is picked up by the buyer, in a form traditionally associated with auctions.
By managing the marketing of the property, generating strong interest from parties in a good position for purchase and operating a buyer’s premium we are able to offer great solutions for busy executors managing an estate on behalf of their beneficiaries.
We know that part of the frustration when selling property can be the amount of time taken up with dealing with all the various parties involved. Whether it’s a local estate agent, the firm carrying out the EPC or getting the surveys done, it all takes time for the executor.
Saving you time and money on traditional property sales
In our experience different types of properties require different methods to maximise their value at sale.
One route for selling probate property is the traditional route of using local property professionals, estate agents, to market the property.
In this instance we manage local agents to drive interest in the property to generate interest towards achieving maximum market value. In doing this we bring the following benefits:
- We maximise the opportunity to achieve full market value or more
- Circumvent typical single agent, 20-week (or similar) exclusivity contracts
- Drive local agents in a competitive process
- Represent cost savings that the executor is able to present to the estate and its beneficiaries
Managing probate property can be time consuming
Managing a portfolio of probate property on behalf of your clients is both time consuming and involved.
It will invariably entail not only the necessary legal preparations but also regular close management to ensure unoccupied probate property is protected and maintained to reduce vulnerability associated with its vacancy.
Equally, managing the sale process can be involved and require specialist approaches to the market to maximise value, especially where time is of the essence.
Keeping you in the driving seat
No matter which route you choose we operate on a no-sale no-fee basis. We don’t tie you into a long contract or additional services we simply act in your best interests to sell probate property at market value, or higher. We’ll use the best method that suits the circumstances of the estate and its beneficiaries and is the most efficient for the ultimate sale.
We are confident that we can help you in the sale of probate property and that our services will be of significant benefit to you. Not only in the sale itself but also in the value you are able to pass onto your client, and the work-flow benefits to your departments.
About Executor Solutions
Executor Solutions (ES) are a specialist property company working with law firms across the UK since 2015.
We focus on providing services that protect, maintain, value and market property to:
- release your fee earning time
- present a good account to your clients
- present cost savings to the estate
- maximise sale value
Get in touch to find out more:
0808 164 6390