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Firstly, what is an executor sale? An executor sale refers to the process of selling a property on behalf of the estate of a deceased person. This can be a complicated and time-consuming process that involves several steps and legal procedures, particularly in Ireland.
The first step in executor sales is to obtain a grant of probate, which is a court order that confirms the validity of the deceased's will and appoints an executor to administer the estate. While waiting to obtain the grant of probate the executor can proceed with instructing an estate agent and start the process of selling the property.
A property valuation must also be obtained, either from a qualified valuer or an estate agent, to determine the market value of the property. This valuation will be used to set the asking price for the property.
The next step is to market the property, this is usually by placing property details on websites such as daft.ie and myhome.ie, promoting the property on social media, and hosting viewings. The executor must also obtain the necessary legal documents, such as the title deeds and planning permission certificates, to facilitate the sale.
Once a buyer is found, and price is agreed, a contract for sale is then drawn up by the solicitor. It is then signed by both parties with a closure date set, usually 10 days after grant of probate.
Finally, the sale is completed when the balance of the purchase price is paid to the executor, and the property is transferred to the buyer. The executor’s solicitor will distribute the proceeds of the sale to the beneficiaries of the estate, according to the terms of the will.
Overall, executor sales can be a complex and lengthy process, but with the help of a qualified legal professional and estate agent, the process can be streamlined and successful. At Robertson Estate Agents, we have years of experience working on executor sales and offer advice and guidance throughout the process. For more information on our services, please click here.
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8 Tips to Make Your Home More Sellable
Selling a home can be a stressful process, but there are steps you can take to make your property more appealing to potential buyers. In this blog, we'll share 8 tips to make your home more sellable and increase your chances of a quick and profitable sale.
Declutter and Depersonalise
Before listing your home, it's important to declutter and depersonalise. Remove any overly personal items or knick-knacks that could distract buyers from envisioning themselves in the space. This will also help to create a sense of spaciousness and organization.
A clean home is a more sellable home. Make sure to thoroughly clean every room, including carpets, walls, and windows. Consider hiring a professional cleaning service to ensure every nook and cranny is spotless.
Make Minor Repairs
Small repairs, such as fixing a leaky tap or pipe or replacing a broken tile, can make a big difference in the perceived value of your home. Take care of these minor repairs before listing your home to avoid turning off potential buyers.
Neutalise Paint Colours
While you may love your bright orange accent wall, potential buyers may not. Neutralise the paint colours in your home to create a more universally appealing space. Stick with beige or gray tones to make the space feel warm and inviting.
Stage Your Home
Staging your home is the process of setting up your space to look its best for potential buyers. This can include adding furniture or decor, rearranging furniture, or bringing in a professional stager. Staging helps buyers see the potential of your home and can increase its perceived value.
Enhance Curb Appeal
First impressions matter, and the exterior of your home is the first thing potential buyers will see. Make sure your grass is cut, the bushes are trimmed, and the exterior of your home is clean and well-maintained. Consider adding potted plants or flowers to create a welcoming entrance.
Upgrade Your Lighting
Proper lighting can make your home feel warm and inviting. Replace any outdated or dim lighting fixtures with brighter, more modern options. Consider adding lamps or other lighting sources to create a cozy atmosphere.
Highlight Unique Features
Every home has unique features that make it stand out. Highlight these features to potential buyers to make your home more memorable. This could include a cozy fireplace, a stunning view, or a gourmet kitchen.
By following these 8 tips, you can make your home more sellable and increase your chances of a quick and profitable sale. If you're looking for more advice on how to sell your home in Donabate or the surrounding areas, contact our experienced team at Robertson Estate Agents today. We're here to help you navigate the home selling process.