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Where there's a will there's a problem!The good news is that someone considered that you were trustworthy and responsible enough to appoint you as executor or executrix – a fancy name of a girl executor – of their estate, which seemed cool at the time. But now you have to perform the duties of the executor and that includes applying for a Grant of Probate and disposing of some real estate. And the beneficiaries are worried that you might not get the best price for the property or properties being sold. Actually, it’s fair that they should be concerned about that, so how do you cover yourself legally? Well, don’t trust regular marketing systems such as private treaty until you have exposed the property to either auction or tender first!
Auction is a very open and transparent method for selling property, but it is not so popular with buyers, especially as they need to have cash, which is uncommon in our unique Perth market. However, using T-SALES Revolving Tender ®, you can benefit from all the positive aspects of auction by allowing the true market to be tested, thereby effectively eliminating the potential for being accused of ‘underselling’.
T-SALES Revolving Tender ® is a safe way to fulfil your obligations to be fair to all parties. Call Patrick Grogan 0419 47 432 or email pgrogan@tsales.com.au to learn more.