Mom passed last year. Left us her house in Richardson. Three bedrooms, two baths, paid off.
My brother lives in Austin. I'm in Chicago. Neither of us wants to move to Dallas. Neither of us has cash to buy the other out. So we have to sell.
We've been going back and forth for MONTHS about
You took mom's lamp collection so I get more from the sale
You're the one who wants to use a realtor, YOU pay the commission
We're like an old married couple but worse.
The house needs work. Roof is old. Kitchen is straight out of 1985. The backyard looks like a jungle. Neither of us wants to put money into it. Neither of us wants to deal with contractors. Neither of us can agree on ANYTHING.
At this point we just want to sell it, split the money, and never speak to each other again. (Kidding. Kinda.)
Been looking at cash buyers who take houses as-is. Seems perfect for two siblings who can't agree on the color of the sky.
Anyone else here sell an inherited house with family? How did you survive without murdering each other? Send help.
My brother and I inherited a house. Now we're fighting over stupid stuff and just want out.
byu/mitchare inRealEstate
Posted by mitchare
4 Comments
sell to cash buyer
Hire a realtor.
If you REALLY can’t come to agreement, each of you pick a realtor and have them agree on a third realtor. Pay the first two $500 for their time.
Let them manage the whole thing.
As an investor, I would love to buy a house in this situation where people just want to get out and get paid.
However, if I were you, I’d strongly suggest getting a realtor as they will market it and get buyers to compete for the house.
My father’s house was similar. My brother and I listed it below market (but higher than a “we buy ugly houses” type would pay), sold it in a week for 10% above list price. We did use a full price broker (only time I’ve ever done that) but we live 3000 miles away and needed someone who could take care of everything including scheduling and showing up for junk removal bids, the actual junk removal appointment, find and schedule a deep cleaning service, take photos, make sure the heat doesn’t trip off (it was winter), plow the driveway, meeting up with Carvana and giving them my dad’s keys to the car in the driveway. It was money well spent, required very little coordination on our part besides paying invoices, and we got much more out of it than with a cash buyer service.