how a realtor can help a divorce attorney

Here are the major tasks a CDRE will take off an attorney’s plate, in addition to providing support in court:

• Perform analyses of real property values
• Analyze encumbrances
• Determine the financial benefits of a sale vs. buy-out
• Assess buy-out qualifications
• Prevent or reduce mismanaging of real property during divorce
• Explain consequences of property mismanagement
• List and sell the property

Full Answer

What is a real estate divorce specialist?

How much does a divorce attorney charge?

When do you have to file for divorce in December?

What to say when bickering about a home sale?

Is it bad to live with your spouse while divorced?

Do divorce agents handle emotional conflict?

Is selling a house as part of a divorce difficult?

See 4 more

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How to Handle Divorcing Real Estate Clients

The question that is on the table is: how should real estate agents handle the sale of a house with two divorcees? When you are dealing with a listing, you are going to be dealing with a seller (of course).

5 Ways Real Estate Agents Can Help Clients Going Through a Divorce

As a real estate agent, you’ve most likely helped a client sell or buy a home while going through a divorce. With approximately 45% of marriages resulting in divorce in the United States, it’s no surprise many real estate clients are facing the need to sell off assets or acquire new ones.

Reiterate the importance of both parties working together to sell the home

If a couple navigating divorce is trying to sell their shared home, it’s important that both parties are willing to work with the agent to make the process as smooth and efficient as possible. There can be a lot of areas couples fight over in this process.

Be patient with your clients

A divorce causes a lot of emotions for those involved. As a real estate agent for someone navigating this life change, it’s important to remember to be patient. Knowing that some delays will occur during the home selling process is a must, especially when it comes couples going through divorce.

Share your insights

Seasoned real estate agents have either handled several divorce real estate transactions, or have heard stories from other agents who have. In these situations, you have valuable insights to help guide your clients to making sound decisions. Share your experiences with past clients.

Always navigate back to the end goal

There are a few scenarios that can play out during the sale of a home because of a divorce. Be prepared to navigate all three:

Velocity Title helps agents get their clients to the table

No matter the circumstances leading your clients to sell or buy a home, at Velocity Title we put their needs first. With our in-house attorneys, industry experts and latest title technology, we understand how to navigate even the most complex transactions. At Velocity Title, you’re more than just a number.

What is a real estate divorce specialist?

Some agents even get a special Certified Real Estate Divorce Specialist designation which involves special training in tax issues in the sale of the family home, alimony and child support, divorce and pensions, and bankruptcy.

How much does a divorce attorney charge?

Every time your divorce attorney needs to negotiate one of these little skirmishes, they’re going to charge you—and adds up fast at an average rate of $250 an hour.

When do you have to file for divorce in December?

You see, the IRS looks at your marital status at midnight on December 31 to determine your household status for the year. So if your divorce is finalized in December, you’ll need to file as a single, head of household for the whole year—even if you were married for most of that time.

What to say when bickering about a home sale?

2. “Fighting about the home sale will cost you both time and money.”. When you’re dividing up your most valuable shared asset, there’s an endless list of decisions to bicker about—especially when you’ve both invested a lot of time and money in the home.

Is it bad to live with your spouse while divorced?

If you’ve read the book or watched the film based on the Warren Adler story “The War of the Roses,” you know that living with your spouse while you’re in the midst of a divorce is a terrible idea that’ s practically guaranteed to end badly.

Do divorce agents handle emotional conflict?

Not only do divorce specialist agents have the training to handle the emotional conflict of a contentious home sale, they also know how your state’s property division laws apply to your unique situation.

Is selling a house as part of a divorce difficult?

Selling a house as part of a divorce is difficult in the best of circumstances. And as tempting as it is to use the home sale to frustrate, attack, or get back at your ex, in the end you’ll only hurt yourself.

Providing Legal Knowledge

One of the most important things that a lawyer can do for you is giving you access to his or her array of legal knowledge. While you might know that your divorce means the end of your marriage, you may not know exactly what that means for you in terms of your rights and your responsibilities.

Neutral Party

Not everything that a lawyer will provide to you will strictly be within the realm of law. Sometimes the most important thing a lawyer can be is a dispassionate third party. No matter how you feel about your ex, things are going to change between the two of you during the divorce process.

Leveling the Playing Field

It’s also important to remember that regardless of any agreements you might make with your former spouse, there’s nothing to stop him or her from getting his or her own divorce attorney. Given the severe disadvantage at which you would be without an attorney in such a situation, it makes sense to proactively protect yourself.

Providing Legal Representation

Finally, a lawyer can provide you with representation if your divorce turns out to be less than amicable. He or she understands not only how divorce proceedings work in courts, but the types of steps you need to protect yourself, any children you may have, and your assets.

What is a real estate divorce specialist?

Some agents even get a special Certified Real Estate Divorce Specialist designation which involves special training in tax issues in the sale of the family home, alimony and child support, divorce and pensions, and bankruptcy.

How much does a divorce attorney charge?

Every time your divorce attorney needs to negotiate one of these little skirmishes, they’re going to charge you—and adds up fast at an average rate of $250 an hour.

When do you have to file for divorce in December?

You see, the IRS looks at your marital status at midnight on December 31 to determine your household status for the year. So if your divorce is finalized in December, you’ll need to file as a single, head of household for the whole year—even if you were married for most of that time.

What to say when bickering about a home sale?

2. “Fighting about the home sale will cost you both time and money.”. When you’re dividing up your most valuable shared asset, there’s an endless list of decisions to bicker about—especially when you’ve both invested a lot of time and money in the home.

Is it bad to live with your spouse while divorced?

If you’ve read the book or watched the film based on the Warren Adler story “The War of the Roses,” you know that living with your spouse while you’re in the midst of a divorce is a terrible idea that’ s practically guaranteed to end badly.

Do divorce agents handle emotional conflict?

Not only do divorce specialist agents have the training to handle the emotional conflict of a contentious home sale, they also know how your state’s property division laws apply to your unique situation.

Is selling a house as part of a divorce difficult?

Selling a house as part of a divorce is difficult in the best of circumstances. And as tempting as it is to use the home sale to frustrate, attack, or get back at your ex, in the end you’ll only hurt yourself.