Why Work With a Realtor Who Specializes in Inherited Properties?

Eddie Van Buskirk • August 3, 2022

Inheriting property when someone dies can be a stressful situation. Not only are you faced with the loss of someone who was a part of your life, but you also have to figure out what to do with the property you’ve inherited. Determining the right course of action can be tricky — especially if little to no estate planning took place ahead of time.

 

Many people try to work their way through the probate process by themselves, sorting through legal matters, signing paperwork, and getting the house ready to sell. It’s all doable, but it takes a lot of time and effort because you’re not familiar with the selling process for inherited property. Trying to handle the sale yourself would be like trying to tackle a whole-house painting job by yourself. You’re capable of doing it alone, but it would take a very long time to paint the outside of the house as well as every room on the inside. And you want it to look good when it’s done. That takes even longer.

 

When dealing with the sale of an inherited house, it’s always best to have the help of professionals. This is where Kansas City Legacy Properties enters the picture. We’re real estate consultants who deal exclusively with inherited properties. From working with family members to determine a plan of action to coordinating other services such as mortgage refinancing or planning an estate sale, our specialists walk you through every step of the process. We work with you to ensure your best interests are represented and protected.

 

Everyone Knows Someone With a Real Estate License

Typical homeowners who sell a house often turn to a friend or relative with a real estate license. Maybe this person has sold a home or two and has offered to cut their commission for this transaction. But this isn’t the best option when selling an inherited home. The sale is often more complicated than a typical single-family house sale; there are many aspects to consider before listing the property. A real estate professional who specializes in working with inherited properties has the knowledge and expertise to guide you through the process, protecting your interests at the same time.

 

Inherited Property Real Estate Specialists Are the Experts

Every inherited property situation is unique, which means every inherited house sale is different. A realtor who specializes in handling inherited property has the expertise to help with anything that comes up — and they also have the foresight based on experience to help you anticipate problems along the way.

 

Here are just a couple of the challenges people encounter when attempting to sell an inherited property on their own.

 

Lack of local market knowledge.

If you inherit a property in a state other than the one you live in, the chances are good that you won’t have a sufficient grasp of the local real estate market to handle the sale of the property yourself. When you work with a real estate agent in the state where the property is located, you have access to a wealth of knowledge from a local professional. In Kansas City, those professionals are at Kansas City Legacy Property.

 

Not knowing where to turn for help with other aspects of the sale.

Many ancillary tasks pop up when getting a property ready for sale. These tasks are easier to accomplish if you know who to turn to for help. Local realtors specializing in inherited properties have a contact list of trusted partners who can help with everything from cleaning out the house to finding a reliable home inspector.

 

Kansas City Legacy Properties Is Here to Help

If you’ve inherited a house and aren’t sure what to do next, Kansas City Legacy Properties can help. We’ll work with you to determine the best plan of action for the inherited property and all heirs involved. We also help coordinate any services needed to move forward, whether that involves obtaining necessary insurance policies, moving items to a new location, or cleaning the place from top to bottom.

 

Contact us today with questions or to get more information on the services we offer. Don’t take on an inherited property alone. Call Kansas City Legacy Properties instead.

By Eddie Van Buskirk January 10, 2025
Why Use Professional Services? Any financially savvy person might wonder why they should pay for a service when they could handle things themselves. It's true that you can look up contractors or take care of trash removal and cleaning on your own. However, the benefits of using a professional service often outweigh the costs. Let’s see if that scenario is true for you. The Right Tools for the Job Having the right tools can make any job significantly easier and faster. Imagine trying to chop down a tree with a hammer—it could take weeks. Using an axe might reduce the time to 30 minutes, and a well-sharpened axe could cut that down to just 15 minutes. Tackling an inherited property without the proper tools and expertise is like using a hammer on that tree. Plus, without experience, you risk unexpected problems, much like a tree falling in an unpredictable direction. Does that extra pain and struggle seem worth it for you right now? The Challenge of DIY An inherited property often arrives at an inconvenient time, adding to your already full plate. Managing it alone can quickly consume all your free time and energy, leading to stress and frustration. Benefits of Using Kansas City Legacy Properties Kansas City Legacy Properties offers a network of trusted vendors and contractors who work efficiently and effectively. We understand the best order for tasks and know how to save you money along the way. Most importantly, we handle everything while you focus on your other responsibilities. Financial Implications Holding onto a house without taking action can become a financial burden. Attempting to manage it yourself may seem cost-effective initially, but the prolonged process often results in higher holding costs. This frustration can lead to burnout and the temptation to accept a lowball offer from cash buyer companies looking to take advantage of your situation. Call to Action If you’re feeling overwhelmed and realize that handling it yourself isn’t feasible, contact us at (816) 307-7163 . Let us help turn your inherited property into a blessing rather than a burden.
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