Separation and divorce bring on big changes – fast. For separating parents, there is a lot to deal with; the stress of planning your future life, the lives of your children, planning for financial security. Selling the matrimonial home is one of the many major life events that is a part of separation and divorce.
The Fair Parenting Project has teamed-up with three experienced realtors, Kim St. Denis, Elaine Wagman & Brandi McDonald, to develop practical and ethical guidelines for effectively and fairly providing services to sell matrimonial homes. These sales are unique situations requiring strong professionals with skills and training.
These realtors are also available to assist you in locating a new residence with the same level of care, compassion and high professional standards.
Some of the issues that are being formulated into a policy are:
1. Effective and fair communication; Duplication of communications, keeping everyone in the loop.
2. Bias (real and perceived); It is imperative that realtors dealing with the sale of matrimonial homes understand how their conduct can create the appearance of bias. Managing themselves in a professional manner is critical.
3. Protecting children during the process; and Moving is hard on adults. It is often doubly hard on children. When they are also dealing with the turmoil of their parent’s divorce among other changes, it is imperative to have policies to protect them.
4. Maximizing the financial return for both parents. Sometimes the sale of a matrimonial home is treated like a forced bank sale. Potential buyers develop the opinion that there should be discounts on the property. This can negatively affect the selling price.
Sometimes the sale of a matrimonial home is treated like a forced bank sale. Potential buyers develop the opinion that there should be discounts on the property. This can negatively affect the selling price.
If you are a real estate professional and want to learn more about this aspect of the Fair Parenting Project, please contact Eric Letts eric@FairParenting.com .
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