In this highlight, Chad covers the basics of the probate process and how to communicate effectively to prospective clients that they CAN move forward in selling their inherited property – even while probate is open.
Has A Personal Representative Ever Told You They Can’t Do Anything With Their Inherited Property Because They’re Still Going Through the Probate Process?
Maybe their attorney misspoke. Maybe they were taking in too much information at once and didn’t really understand correctly. In any case, this is a MYTH!
The Truth Is, Probate Doesn’t Need To Be Closed In Order To Sell Property!
There are even instances where settling an estate requires property to be dealt with.
We know this is a common misconception, wherever it may originate from. We also understand people trust their probate attorney and in order for them to be receptive to you, you’ll need to convey value and expertise confidently when you hear this kind of objection.
In this highlight, Chad covers the basics of the probate process and how to communicate effectively to prospective clients that they CAN move forward in selling their inherited property.
Kenneth calls in from California and asks a few questions about the probate process. How does the overbid process work? How do creditor claims work in probate and what is the window for that? How does the bill for the Broker Price Opinion (BPO) get assigned through probate? Is it true I can’t move forward with selling the property until the estate is closed?
Chad gives a great overview on the timeline of the probate process, dispels the myth that property can’t be sold until probate is closed, and offers great verbiage for handling this objection in a way that conveys value and expertise.
Don’t forget, when you are able to help a personal representative move forward when they thought they had to wait, you now have a great opportunity to build a bridge with their probate attorney! Show THEM how you can provide the same success story for their other clients.
This highlight is from Mastermind Call #238.
Join Our Mastermind Group for more resources and networking opportunities.
HOW TO HANDLE THE MOST COMMON PROBATE REAL ESTATE OBJECTIONS: https://youtu.be/j-OnEg_nC_A
Ask The Expert – John Erik Fraker, JD; EVERYTHING You Need To Know About Working With A Probate Attorney To Grow Your Real Estate Business.
Connect with Chad Corbett: https://www.linkedin.com/in/chad-corbett/
Interested in Collaborating or Becoming and Affiliate Partner? Contact Katt at firstname.lastname@example.org