How auctions can simplify an executor's role

The death of a loved one can be an emotional experience, and the additional weight of responsibility on a family member who was named as executor can be a heavy burden at an already stressful time.

The appointed executors are responsible for carrying out the deceased’s final wishes according to their will, which can often be an emotionally-charged affair. This can often include the sale of probate property, which comes with many legal regulations that have to be followed. Choosing a professional auctioneering company can present an efficient sales solution.

A set sale date

“Having a fixed auction date helps to speed up the process, meaning faster distribution of assets to heirs,” said Norman Raad, CEO of Broll Auctions and Sales. “Wrapping up an estate can take time, so having the property sales transactions completed goes a long way towards finalising this process.” With a faster sale, the risk of having a vacant property standing empty for long periods is also minimised.

Transparency guaranteed

Auctions recognised as transparent selling platform where the true market value of a property is achieved. “With competitive bidding, a higher price can be achieved, ultimately beneficial for the heirs,” Raad said.

“Being named the executor of someone’s will can be a trying time, and appointing a professional auctioneer will help guide you through the process of deceased estate property disposal and ensure that you have the peace of mind of knowing you have done your duty.”