It’s been said that home is where the heart is, but what happens when that heart is broken?
The only thing more stressful than going through a divorce or selling a house is when these two tumultuous life events occur simultaneously.
Removed from the emotional fray, neutral real estate professionals who provide solutions to divorcing couples will surely be successful.
Depending on variables like age and socioeconomic status, the divorce rate has been cited between 40-50%. This enormous pool of potential clients presents an opportunity for knowledgeable brokers and agents to advise divorcees on the options relating to the marital home, which is normally the biggest asset shared after vows are taken.
Real estate practitioners can have a distinct advantage in their market by positioning themselves as well-versed in the nuances of the legal and financial issues that impact property division, providing accurate valuations of the real property shared, simplifying the sales process, ensuring that documents are correctly prepared and submitted, and acting as a buffer to reduce tension during emotionally charged discussions about the property.
Experience synergy by referring divorcing homeowners to other professionals such as divorce attorneys, financial advisors, mediators, and other like-minded contacts who share the goal of equitably dividing assets and giving a fresh start to couples parting ways.
