Dealing with Your Real Estate doesn’t have to be difficult!
Trusted Advisor is the first phrase I think of whenever it comes time to sell real estate. That is especially true when it comes to a life’s worth of accumulated real estate and the process of simplifying life in later years. Even if the “real estate” is just one house.
Is This You?
Typical scenarios:
- People at retirement age who want to “right size” for their current lifestyle
- People at retirement age who want to divest themselves of investment real estate to redirect the liquidity somewhere else
- Seniors moving into an assisted care facility on their own to simplify their lifestyle and say goodbye to their home maintenance days
- Estate situations where the property needs to be cleared out and sold
We believe ALL of the above situations require leadership, trust, compassion, and patience. That is why these are the hallmarks of how we do business.
Selling Off Real Estate – to use the cash somewhere else
If we are hired as a part of a retirement income strategy, the goal is usually to convert the real estate over to cash so that it can be used for something else. In those cases we usually have some timing flexibility to work for the highest price possible. We just recently worked with a client who lives out of state and owned three properties in the metro Atlanta area. One was a $250k condo in midtown, one was a $150k house in Tucker and the other was a $700k house in Cumming. All three of those properties had tenants to work around. In each case we tailored a custom plan around the tenant leases to prepare, show and sell the property. The biggest lesson we learned was that working around tenants is a recipe for constant frustration and drama. In the end, all the tenants were given notice and once they vacated our crews went to work getting the properties show ready. Having total control over the property was crucial for the seller to be able to make decisions and agree to a contract with prospective buyers.
Senior Situations
When we are hired to assist Seniors with their real estate needs, it is a very vulnerable time. Many times their immediate family is not located in the same city. It becomes a team effort regardless – even if the family is in the same location. In cases of failing health or capacity, time may be limited so we need to draw up a strategy that moves things forward with a definite end in mind. That doesn’t mean “fire sale” – is just means we pull in more resources to help keep the process moving. We also understand that part of this reality is that we will have to take what the market will give us now with regards to a sale price. Waiting for “what might be” is not usually an option.
Rest assured, we provide full marketing no matter what. Here are some posts from past client successes:
- Getting Rid of Your Excess Stuff
- Video on a house where we navigated great photos with minimal disruption
Friends and Relatives
Friends and relatives may come out of the woodwork when it comes time for you to deal with your real estate. You will have to be strong and you may be best served by a neutral third party because you are going to need wise – objective – counsel – Here’s Why.
What is Your Next Step?
If we are not related (see previous paragraph), please give us a call on our main number at 404-939-3202 or email us at michael@bunchrealestategroup.com to set up an initial consultation. We will give you our very best counsel. Straightforward, objective and Honest.
