Most buyers assume, incorrectly, that estate sales of property are always easier because the proceeds are perceived as “free money” to the heirs. Nothing could be farther from the truth.
In Fact, estate sales (where the seller is an executor, trustee, or heir) often come across as “greedier” or at least less flexible than typical sellers. There are a few reasons — mostly psychological, legal, and practical:
1. No emotional connection — purely financial motivation
Unlike a homeowner who has lived in the property and wants a smooth sale or a “good home” for their property, an estate seller (often heirs or executors) sees the property purely as an asset to liquidate. Of course, heirs often do have emotions entangled with the practical but we will address those below.
2. Executor’s legal duty is to get “fair market value”
Executors or trustees are legally obligated to act in the best financial interest of the estate or beneficiaries.
3. Multiple decision-makers slow things down and harden positions
When there are several heirs, every offer becomes a negotiation between them first. And, remember, even to get the home on the market was a road in an of itself and may have created animosity or disagreement that is there before the buyer ever enters the equation. Also, some estates require an attorney's participation as well which delays things further.
4. They may be trying to recoup perceived losses
Heirs often overvalue the home emotionally (“It’s worth at least $X — Dad built it!”) or want to make up for costs like probate fees, repairs, or taxes.
5. They often misunderstand the market
Estates are often managed by people who:
6. There’s sometimes unspoken grief or guilt
In some cases, “greedy” behavior is masking emotional conflict.
In short:
It often looks like greed, but it’s usually a mix of:
Here’s how an agent (or buyer) can successfully negotiate with an estate seller while keeping everyone cooperative and moving forward:
1. Anchor every discussion around fairness and documentation
Estate representatives respond best to objective justification — not emotion.
Use data:
“This offer reflects the current market and the cost of necessary repairs. I want to make sure the estate receives a fair value while recognizing what a buyer would reasonably pay in this condition.”
That language signals respect for their fiduciary role — which disarms defensiveness.
2. Appeal to their fiduciary duty — not their flexibility
Executors don’t like appearing like they’re “giving away” the property.
So instead of asking for price cuts or extras, say things like:
“This offer protects the estate from having to make further repairs or face carrying costs.”
“Accepting now avoids the risk of future price reductions or extended holding time.”
This frames your offer as responsible decision-making, not “discount-seeking.”
3. Use time and convenience as leverage
Executors often live out of town or are overwhelmed by estate tasks.
“We can close quickly and take care of all the cleanup — that reduces the burden on the estate.”
For them, less hassle can matter more than slightly more money.
4. Acknowledge and validate their emotional or legal pressures
Even if they act cold, there’s often hidden stress.
Saying something like:
“I understand it’s important for the estate to be handled properly and fairly — that’s why I’m presenting something realistic that benefits everyone involved.”
can ease resistance. They want to feel they’re acting “responsibly,” not being pressured.
5. Include clean, strong terms
Executors like tidy deals — fewer unknowns = less risk of being second-guessed.
Make your offer look bulletproof:
🔍 6. Handle repair negotiations strategically
When you do inspections:
Executors tend to respond better when they can defend the concession logically.
7. If multiple heirs are involved, find the “voice of reason”
Try to identify who has authority or sway — often the executor or oldest sibling.
Build rapport there, and let them become your advocate with the others.
This can make all the difference in getting a deal unstuck.
8. Be patient but firm
These deals take longer.
Expect silence between responses and avoid chasing daily updates — they’re coordinating approvals.
But keep steady pressure with gentle reminders framed as helpful updates, e.g.
“Just wanted to check if the estate had any questions about the comps I sent. We’re ready to move forward when you are.”
Buying property from an estate can be challenging but knowing these facts up front will allow you to create proper expectations. An experienced real estate agent can make the difference between an exercise in frustration or a successful purchase when it comes to estates! We at Zest Realty have agents who specialize in these transactions. Contact us for more information!😃
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