SELLING DECEASED ESTATE PROPERTY
We have had the privilege of helping families and executors objectively find the most suitable, vetted real estate agents when selling deceased estate properties, all at no cost. Using the tips below will help.
The ownership may be in a Family Trust or be in the name of a sibling(s) tasked with representing the family's best interests in terms of obtaining an optimum sale price.
Siblings often living in different locations, have differing opinions on what real estate agency is best to use, what the property is worth to sell, whether to get a property valuation, when to sell the house and how to avoid exhorbitant real estate commission and fees. All crucial decisions.
Our independent vetting of real estate agents throughout NZ can take a lot of pressure off. Find out how.
TIPS TO PLAN FOR A DECEASED ESTATE SALE IN NZ
- Don’t market the home as a 'deceased estate' sale. It is far better to pick out its most attractive features and highlight those as you would for any other property sale such as the no. of rooms, location to schools or land size. Property features will likely attract a higher volume of interest.
- Do home stage the house to appeal to younger buyers, either by hiring professionals or doing it yourself. This is one of the cheapest yet most effective ways to sell a house for a prime price quickly.
- Understand what to look out for and be aware of in regard to real estate appraisals. You can use our real estate agent questionnaire to guide you through interviews with property agents.
- Compare real estate agents objectively and understand how much real estate commission you will pay before signing an agency agreement. We can advise you about all of these matters.
- Talk to your lawyer before signing an agency agreement as being a deceased estate, there may be special clauses required.
Agent Finder NZ is a genuine, bespoke and free service for New Zealand vendors. Call 0800 789 532.
AGREEING ON THE RIGHT REAL ESTATE AGENT
Vetting real estate agents using a stringent criteria has proven to be the most thorough way to establish competence. It can also take a lot of pressure off families when done objectively and professionally for them.
This is tailored to locations, property types, situations and values. For example, selling a deceased estate property in Auckland, you may want to know more about whether the property is zoned for development in the Unitary Plan and what impact that could have.
These are all matters we can advise you about so you can do your due diligence in an efficient, streamlined and thorough manner.
“Being a deceased estate, the real estate process was stressful enough without 'pushy' real estate agents approaching us … having a professional, unbiased selection of three vetted real estate agents was a brilliant place to start.” Gay | North Shore
Request a shortlist of real estate agents to compare or start a live chat - we're here to help.
Article updated June 8, 2022 | Trish Willis | Member of Property Institute of NZ (IPAC)
Awarded Best Estate Agent Vetting Service New Zealand - 2018
Awarded Best Property Advice Hub - APAC New Zealand 2021