When a parent passes away there is always a lot to consider, and the selling of their house is a big part of that. But it doesn’t have to be stressful and overwhelming.
For more than 75 years, KIKO Realtors, Auctioneers & Advisors has helped clients navigate the estate selling process. We specialize in selling all types of real estate, as well as cleaning out homes and barns to sell equipment and other personal property.
“As the executor of her parents’ estate, a recent client was in charge of selling her parents’ house and possessions after they had passed away,” explained Doug Milano
, a KIKO Realtor/Auctioneer for nearly 20 years. “We initially met to inspect her father’s farm equipment – tractors, trailers, tools and vehicles.”
Then the conversation turned to the real estate. The seller knew she needed to empty the house and outbuildings before she could sell the house. She was coordinating with her siblings – some of whom were out of state – answering questions and getting input on various aspects of the property.
In short, she didn’t know what to do next. The property was very secluded and featured 14.5 acres, a 4-acre lake and a custom-built ranch home in northeast Ohio.
“I explained that KIKO could clean out the contents and sell the house – either by listing it at an agreed price or by having a real estate auction,” Doug continued. “After I explained the process, she said one of the best things a professional can hear: she felt like a weight was lifted off her shoulders and she could trust us to handle the sale of her parents’ estate.”
After speaking with her siblings, the seller chose to auction the house and the contents on the same day. It was simple, quick and effective – all important considerations for her family.
“Auction day went even better than expected,” said Doug. “The house sold for more than $580,000. But what my client was most happy about was that everything sold in just one day.”
For this seller, the ability to control the date, time and terms of the sale was a big benefit.
What about you? Are you dealing with your parents’ estate? What would you do if you inherited your parents’ house?
KIKO can help. Call us today to explore your options. 800-533-5456