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Real Estate Downsizing & Estate Settlement for Executors
Taking on the role of Executor of an estate (Estate Trustee) comes with significant responsibilities. You’ll need to manage fiduciary duties, communicate with stakeholders, and collaborate with more than ten professionals from various fields to settle the estate’s physical assets, including appraisers, auctioneers, lawyers, real estate agents, and property managers. It's a considerable undertaking, regardless of your level of experience. Fortunately, we specialize in providing estate settlement solutions for executors and their support teams, including estate lawyers and trust officers.
We handle all aspects related to the physical assets in your tailored estate settlement process. Best of all, using our services won’t impact your executor fee; our extensive project management support is included in the same fee you would pay to sell the property (the real estate commission). We are with you from the moment you are informed of your role, through assessing the estate situation, to planning and executing the settlement of personal property, and preparing, listing, and closing on the sale of real estate assets. Our goal is to make the entire process simple, safe, and seamless for you, as well as for the stakeholders and beneficiaries you are responsible for.
We guarantee that our team of experienced professionals and our integrated real estate process will offer you peace of mind.
Real Estate Sales
Our experts deliver great results in a predictable timeline via our calm and thorough process that keeps you in control.
Appraisals
We provide free, certified, probate appraisals including real estate appraisals and contents appraisals for estate trustees.
Transition Services
Our experts execute the plan approved by the estate trustee including, but not limited to: ship, sale, donate, etc.
Project Management
We plan and manage the execution of all real and personal property activities across everyone involved.
Interim Funding
It’s included throughout the project on both our services and managed third party services. We get paid when you do.
Have real estate to be sold as part of the estate settlement
We sell properties for executors of estates throughout the Greater Toronto Area. Our agents are active professionals that know how to construct a robust real estate listing and sale experience that respects the various other moving parts. Having sold numerous properties, we know the value of working in a relationship rather than simply a transaction. Integrating the real estate service reduces complexity while funding project management delivering a less stressful and more predictable result for you as a fiduciary.
Require executor support & guidance
We know that estate settlement can be an intimidating process for executors, especially those who are new to the role. We’re here to support and guide you every step of the way. Our one-stop-shop approach streamlines the process, simplifies decision-making for you, increases financial returns, and supports you in making necessary decisions to move forward, without being pressured.
Have job and/or family responsibilities and/or are overwhelmed
It’s completely understandable. Non-professional executors of estates typically have their own job and/or family to attend to and don’t have time to drop everything to perform the role full-time! Additionally, many executors have never been in the role before, and even those that have will have seen a variety of scenarios that make each estate settlement uniquely complex. That’s where GTA Estate Guys can help. The secret is project management (included in our real estate commission). We make things simple, safe, and seamless for you as a fiduciary.
Want the best of Do It Yourself (DIY)
Doing it entirely yourself may seem like a good option but one of the most common things we see from potential executor clients that call us late in the process is that going this route alone leads to unforeseen and significant consequences to their health, family, lifestyle, and finances! With GTA Estate Guys, you can still do as much of the estate settlement work on your own as you want but without the risk of a process misstep that cannot be reversed or undone. You get unlimited expert advice every step of the way. If you are going to hire someone to sell the property anyway, why not have the assurance of an expert team on all things estate settlement related throughout the entire process?
Don’t want to manage this alone
It’s common to think that you have to manage this process yourself, but that’s not the case. When you choose our integrated real estate and estate settlement services you’re getting project management included in the real estate commission to support you every step of the way with as much or as little advice and/or physical support as you want.
Want a predictable timeline for completion?
We’re experts in keeping the many activities involved on track. We typically complete estate settlement projects in 90-180 days of signing the contract with the bulk of that timeline being the probate process. Ultimately, the timeline is at your pace. We work with you to do what's right for you, because that’s what matters. We won’t rush you or slow you down.
Financial Highlights of the Real Estate & Estate Settlement for Executors
Market rate real estate commission includes: the sale of real estate, certified real estate, and general contents appraisals for probate, unlimited project management, and interim funding of all project expenses
Hourly fees for the Transition Services (as required by you)
Financial recovery on the sale of excess items (typically through MaxSold Inc.)
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1. Needs & Contract Discussion
First, you’ll meet with our leadership team who will listen to you and help you to determine your goals and a plan of action. If you agree, you will sign a contract at this stage. -
2. Appraisals for Probate
We will prepare certified real estate and general contents appraisals so the probate applications can be completed and your official status as executor of the estate is recognized by the Ontario court so that you may begin settling the estate on behalf of the deceased.
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3. Project Discussion and Planning
Our team lead will meet with you to listen and review your goals as they relate to the Will and estate settlement. They will then outline a plan that will deliver on your goals and get your feedback before taking action.
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4. Project Execution
Your Team Lead & Transition Specialists will oversee all elements of the process so that you can focus on what matters: the other professionals involved in the estate, your stakeholders, the beneficiaries, and yourself and family. We manage the sorting, packing, cleaning, shipping, selling, donating, and disposal of the personal property. We also schedule and manage any required third parties, such as property managers, handymen for repairs, auctioneers, shippers, cleaners, and waste disposal companies. -
5. Real Estate
Our Real Estate Team determines the best way to market the property and prepare it for sale. Once we have your agreement on the approach, we list the property and manage the sale process. We get unsolicited positive feedback on how great the real estate process was not only from clients but also from the agents representing the potential buyers of the property who thought our process was seamless and professional.
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6. Invoicing and Client Feedback
Once your estate settlement has been completed with the personal property dispersed and the real estate listing sold and closed, we discuss the outcome with you. Because we managed the physical asset envelope of the estate settlement from end to end, we take full responsibility for your end to end satisfaction.
If you’re ready to talk to our team about this service, contact us today by calling 416-991-7398 or fill out the form to book a call for another day.
Our Team
Marlow Singh
Head of Sales - Real Estate Broker
Marlow Singh is a seasoned and knowledgeable real estate broker who prioritizes his clients' interests in all his endeavors. With over ten years of experience, he has successfully guided individuals through real estate transactions across the Greater Toronto Area. Marlow’s expertise in the estate and downsizing process stems from his work with clients navigating these unique situations. He possesses a comprehensive understanding of the complexities involved and has assembled a skilled team to assist clients from the initial stages to the final closing.
Lev Brewster
Head of Valuation - Real Estate Appraiser
Lev is a Canadian residential real estate appraiser with the Appraisal Institute of Canada and brings over 10 years of experience in real estate, assisting clients with their valuation and sales requirements. He is a true expert in the field of valuation. Lev offers appraisals for probate and estate settlement purposes, while also helping clients grasp current market values.