Selling an inherited property: a step full of challenges
Selling an inherited property can be emotionally and organisationally demanding. Valuable memories are often attached to the house, but at the same time the sales process can harbour financial risks without sufficient preparation. However, with the right planning and professional support, these challenges can be overcome.
The most common challenges when selling a property
- Valuation: Setting the right price for a property is a difficult task for many people. Too high a price deters potential buyers, while too low a price can mean financial losses.
- Missing documents: Important documents such as floor plans, an energy performance certificate or high-quality photos are required for the sale. The energy performance certificate in particular is required by law, and failure to provide one can have legal consequences.
- Filter prospective buyers: High demand can lead to the phone ringing non-stop and the email inbox overflowing. It takes a lot of time to distinguish between serious prospective buyers and people who come to view properties.
- Price negotiations: Without experience and knowledge of the market, it can be difficult to appear confident in negotiations. Buyers often use arguments to push the price down.
- Legal protection: From the purchase contract to notarisation, numerous legal aspects must be taken into account. Mistakes in this area can be expensive.
Why professional support is crucial
An experienced estate agent has the necessary market knowledge to organise the sales process efficiently and with legal certainty. He can:
- Determine the optimum sales price on the basis of market analyses.
- Create a convincing exposé with professional photos and clear descriptions.
- Filter serious prospective buyers and coordinate viewing appointments.
- Negotiate to achieve the best price.
- Ensure that all legal requirements are met.
Conclusion: Stress-free to a successful sale
Selling an inherited property doesn't have to be an insurmountable challenge. With the right support, you can not only save time and nerves, but also achieve the best price for your property. Don't hesitate to contact experts who will take over the process for you and protect your interests.
Get non-binding advice now
Robert Schüßler
Property valuer (EIA and IHK)
