IF YOU ARE A REALTOR, REAL ESTATE INVESTOR, ESTATE BROKER, ANTIQUE DEALER, OR A BUSINESS BROKER, YOU SHOULD BE
Realtors will find that many of the residential properties in probate will be listed within the first year after the filing. These leads represent a lead source for Realtors that is unequaled. While most probates include Residential Real Estate, there may be other properties available too. We often see commercial property, rental properties, commercial properties, farms, and ranches. Many probate properties are beautiful homes with little to no mortgage or debt attached, making them some of the cleanest and easiest of all real estate to buy low and sell quickly.
Real Estate Investors
Probate Leads represent the very best residential real estate-related lead source available today. Within 4-6 months of the probate filing, ~40% of the properties found will be sold. No other lead source comes close.
Estate Brokers, by definition, see much of their business come from Estate related situations. Our probate leads provide you a way to get a jump on your competition.
Estates are a great place for Antique Dealers to find worthy items. You never know what you will find in an estate, and typically the heirs are in a hurry to clean out the house and settle the estate. Probate leads can be a great source of new customers for Antique Dealers.
Businesses both large and small are often found in probate. Many heirs do not know what to do with the family business they recently inherited and could use the assistance of a business broker.
Across the U.S., there are almost 6 million estates in probate, with assets worth trillions of dollars. We find that most larger cities generally have over $1B of probate-related real estate in inventory at any one time. Every type of real estate – from houses to condominiums to acreage – can be found in probate.
Buy from Motivated Sellers
Often purchasing property out of an estate results in you dealing with a highly motivated seller. Many times beneficiaries are anxious to sell property associated with the estate so that they can pay off debts attached to the estate. Moreover, the property is often located many miles from the executor which makes it difficult to get the home ready to put on the market. Executors and Personal Representatives are often grateful to investors who can help them sell the property as quickly and painlessly as possible.
If you are willing to take the time to work these leads, they can help you grow your business. The ROI on probate investing can be astounding.