Selling A Home For Your Parents

Talking Realty

Selling A Home For Your Parents | Ep 36

February 15, 2025

https://youtu.be/PxfhS7u4x7k

In this episode of ‘Talking Realty’, host Glen Whitten provides a solid roadmap for adult children tasked with selling their parents’ homes. Whether you’re helping Mom or Dad or you’re in charge of the estate, you’ll get practical, actionable advice on managing the emotional and logistical challenges involved.

Glen discusses the importance of legal and financial preparation, the pros and cons of hiring a realtor versus going for sale by owner, and offers tips on preparing the home for sale, including the benefits of a pre-inspection.

Glen also delves into effective pricing strategies, marketing the property, and handling offers and negotiations. Additionally, he emphasizes the significance of maintaining family relationships and provides tools for managing the complicated dynamics that often arise in these situations.

Key Moments:

00:00 Introduction and Disclaimer

00:14 Understanding the Emotional Journey

01:25 Welcome to Talking Realty

02:15 Personal Story: Selling My Mom’s Home

04:55 Navigating Family Dynamics

12:01 Legal and Financial Considerations

20:05 Preparing the Home for Sale

29:37 The Importance of Choosing the Right Title Company

30:02 Marketing Your Property: DIY vs. Hiring a Realtor

30:40 Navigating Legalities and Paperwork

32:11 Challenges of For Sale By Owner