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What is a Probate Real Estate Agent?

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If your loved one died and left a property that has to pass through probate, working with a licensed probate real estate specialist is one of the best things to do. Here is why you should hire a probate real estate agent and how they can help you through the probate sales process.

First, what is a probate real estate agent? A qualified probate agent is a real estate agent holding a title known as Certified Probate Real Estate Specialist (CPRES) and has received training from the U.S. Probate Services.

What qualifications should probate real estate agents possess?

Remember that when you are looking for an agent to help you sell your property in probate, look to hire someone with a title of CPRES or great experience in the probate process.

An agent with a license is someone who passed tests assessing their proficiency and expertise in managing complex probate estate sales processes to gain the title. It means you can save yourself the stress from all the unfamiliar terms in the process.

Your probate real estate agent must know paralegal, estate marketing, a skilled negotiator, and has a license and certification that they are a qualified probate estate agent.

What is the benefit of hiring a probate real estate agent?

Court-mandated formalities must be followed during the probate process. Therefore, hiring an expert probate real estate agent is crucial since there would be a lot of legal terms that the executor or the beneficiaries might not know. Moreover, before the sale of the property, it needs to be evaluated first by the probate real estate agent to set its listing price. A real estate agent will often list the property for sale and publicize it like any other property up for sale. Once an offer is made, the agent has two options: accept the offer or try to set up an agreement on a price that works for all sides. This is the part where the negotiation skills of your agent come in. In summary, a probate agent has legal responsibilities as the estate’s representative. Working with an agent with the expertise, education, and experience in the probate sale process will save you time, money, and energy. Should you be interested in further details about probate real estate agents or want to know how to become a probate real estate agent yourself, please do not hesitate to reach out to us via call or email.