The Probate Home Sale, Step by Step — The Alan Donald Team

The Alan Donald Team  ·  Probate Seller Resource

The Probate Home Sale,
step by step

Selling an estate property doesn't have to feel overwhelming. This roadmap shows every stage of the journey — including the detours — from opening probate to closing day.

IPhase

Open the Estate & Prepare the Property

The court authorizes you to act — then we assess what the home needs before it goes to market.

Open Probate

The estate is filed with the probate court.

Receive Letters Testamentary

The court grants you legal authority to sell as personal representative.

Decision to Sell the Property

Heirs and the personal representative agree the home should be sold.

Realtor Walkthrough

We tour the property together and evaluate its condition and value.

?

Is the property ready to sell?

Yes → continue to listing
Not yet → prep detour below
If not yet — property preparation
Determine steps needed Get quotes Contract providers Perform work

↩ Once the work is done, we return to the checkpoint — now ready to sell.

IIPhase

List & Market the Home

Professional presentation and full MLS exposure — then we read the market's response.

Sign Listing Paperwork

The listing agreement and probate disclosures are completed.

Photography & Listing Copy

Professional photos are taken and compelling marketing copy is written.

Launch in the MLS

The home goes live to thousands of agents and buyers.

?

Adequate market response?

Yes → offers arrive
No → pricing detour below
If response is slow — price review
Review price & strategy Adjust & remarket

↩ We reassess weekly until showings and offer activity meet the target.

IIIPhase

Offers, Negotiation & Contract

We negotiate on the estate's behalf until terms are agreed and the contract is binding.

Receive Offers

Offers are compared on price, terms, financing strength, and timeline.

?

Negotiation (1st round) — agreed terms?

Yes → contract is ratified
No → counter-offers continue or we return to market

Ratified Contract

All parties sign — the home is officially under contract.

Earnest Money Deposited

The buyer's good-faith deposit is placed in escrow.

IVPhase

Due Diligence to Closing

Inspections and appraisal are the last two checkpoints. Most contracts clear both — and when they don't, negotiation usually saves the deal.

Buyer Due Diligence

The buyer inspects the home and reviews all documents.

?

Repairs requested — negotiation (2nd round) — agreed terms?

Yes → proceed to appraisal
No → contract may terminate; home returns to market

Appraisal Completed

The buyer's lender confirms the home's value supports the loan.

?

Appraisal at value?

Yes → clear to close
No → final negotiation below
If appraisal falls short — negotiation (3rd round)
Renegotiate price or terms Agreement reached → closing

↩ If terms can't be reached, the contract terminates and we relist with lessons learned.

Closing & Funding

The sale records, funds disburse to the estate, and your work as personal representative for this property is complete.

If a contract terminates

Earnest money is handled per the contract, and the home goes back on the market — often stronger for what we learned.

Alan Donald
Broker Associate, The Alan Donald Team, LLC
at Keller Williams Realty Charleston-Mt Pleasant
???? 843-900-0155  ·  ???? BuyHomesInCharleston.com
503 Wando Park Blvd., Suite 130, Mount Pleasant, SC 29464