Selling inherited property is not a one-person job. Whether you’ve inherited a family home, a rental building, or a commercial property, the process touches legal, financial, tax, and real estate decisions that no single professional can handle alone. The heirs who get the best outcomes are the ones who build the right team to sell inherited property early. In The State of Inherited Property Report 2026, our survey of 1,350 heirs and executors, 26% said the one professional they wish they had engaged sooner was a real estate agent who knew inherited property, followed by an estate attorney at 22% and a CPA or tax advisor at 20%.
The challenge is knowing which professionals you actually need, when to bring each one in, and how they should work together. Hire the wrong person (or the right person at the wrong time), and you risk delays, unnecessary costs, or mistakes that are hard to undo. Build the right team to sell inherited property in the right order, and everything else gets easier.
This guide covers every professional you may need when selling an inherited house or commercial property, what they do, when to hire them, and how to make sure they’re coordinating with each other so nothing falls through the cracks. For a full walkthrough of the selling process itself, see our step-by-step guide to selling an inherited house.
Who do you need on your team to sell inherited property? Most inherited property sales involve at least four key professionals: a probate or estate attorney, a CPA or tax advisor, a real estate broker, and a title/escrow company. Depending on the complexity of the estate, you may also need an appraiser, insurance agent, banker, family mediator, estate sale company, and (in some states) a separate real estate attorney for closing.
Who Has Legal Authority to Sell Inherited Property?
The executor, administrator, or successor trustee has legal authority to sell inherited property, depending on whether the estate goes through probate or is managed through a trust.
Before hiring anyone, you need to understand who is legally authorized to act on behalf of the estate. This is the single most common source of early mistakes.
Executor (personal representative in many states): Nominated in the will, then appointed by the probate court. Authority typically begins after the appointment and issuance of Letters Testamentary.
Administrator: Appointed by the court when there is no will (intestacy). Authority begins after the issuance of Letters of Administration. Has similar authority to an executor, though often with more court oversight.
Trustee or successor trustee: If the property was held in a living trust, the successor trustee named in the trust document can often sell without probate, assuming the property is properly titled in the trust and your attorney confirms authority. A trust certification (or certificate of trust) is the document that proves authority to third parties.
Personal representative: A general term used in some states that covers both executors and administrators.
Critical misconception: Power of Attorney ends at death. A POA granted during the property owner’s lifetime has no legal effect after they die. If you were the deceased’s POA, that authority is gone. You cannot sign contracts, list the property, or make financial decisions on behalf of the estate using a POA. You need to be appointed by the court (as executor or administrator) or act under a trust to proceed.
Your attorney will confirm which role applies and help you obtain the correct documents. Until those documents are in hand, no one has clear legal authority to sell.
What Should You Do in the First 72 Hours After Inheriting Property
In the first 72 hours, secure the property, contact the insurance carrier, keep utilities on, photograph the condition of the home, and start collecting estate documents in a shared folder.
Before taking physical control of the property, make sure you have legal access or are acting with the authorized fiduciary’s permission. Do not change locks or restrict access if the property is occupied by a tenant or other lawful occupant. If occupancy status is unclear, talk to your attorney first.
With that in mind, here are the immediate steps to protect the property and the estate:
Secure the property if vacant and you have lawful access. Rekey locks if necessary, check that windows and doors are secure, and consider cameras or an alarm system if the property will be unoccupied.
Contact the insurance carrier. Confirm coverage is active and in the correct name. Ask about vacancy provisions (this can’t wait).
Keep utilities on. You’ll need power, water, and climate control for inspections, showings, and to prevent damage. If the property is in a cold climate, take winterization steps to prevent pipe bursts.
Arrange mail forwarding. Once the executor or trustee is appointed (or if you are the appointed fiduciary), set up USPS mail forwarding so the estate receives bills, tax notices, and legal correspondence. Uncollected mail signals a vacant property.
Photograph and video everything. Walk through the entire property and document its condition, contents, and any visible damage. This protects against disputes, supports insurance claims, and helps the appraiser.
Start a shared folder. Create a digital “estate data room” (even a shared Google Drive folder) for all documents: death certificates, the will or trust, property records, insurance policies, tax returns, mortgage statements, and correspondence. Every professional on your team will need access to some of these.
Who Should Be on Your Team to Sell Inherited Property
The core team for selling inherited property usually includes a probate or estate attorney, a CPA or tax advisor, a real estate broker, and a title or escrow company. Skipping any of them can create legal, tax, pricing, or closing risk.
What Does a Probate Attorney Do When Selling Inherited Property?
What they do: Your attorney is the legal backbone of the entire process. They confirm your legal authority to sell (whether through probate, a trust, or another mechanism), handle court filings, navigate state-specific probate requirements, and help ensure proceeds are distributed correctly according to the will, trust, or intestacy laws.
When to hire: Before you sign anything. The attorney should be your first call after the death of the property owner. You need legal guidance before making any decisions about the property, including whether to pay bills, change locks, or talk to potential buyers.
What to look for: An attorney who specializes in probate and estate administration in the state where the property is located. General practice attorneys can handle simple estates, but complex situations (multiple properties, multi-state estates, heir disputes, commercial real estate) need a specialist. If the property is in a different state than where the deceased lived, you may need attorneys in both states to handle ancillary probate. For a general overview of executor and administrator responsibilities, the IRS publishes Publication 559: Survivors, Executors, and Administrators, which is a useful reference.
Red flags: An attorney who doesn’t return calls promptly, who can’t give you a clear timeline for the probate process, or who has never handled a real estate sale inside an estate.
What Does a CPA Do When You Sell Inherited Property?
What they do: Your CPA establishes the property’s cost basis (the date-of-death fair market value), confirms stepped-up basis treatment, estimates your capital gains tax exposure at various sale prices, advises on timing (selling in one tax year vs. another can make a real difference), handles estate tax returns (Form 706) if required, files the estate’s income tax return (Form 1041) if the property generates income or is sold while inside the estate, and coordinates individual tax reporting for each heir.
When to hire: Before you make any pricing or listing decisions. The CPA’s input directly affects your net proceeds. If you list the property without understanding the tax implications, you may make decisions (about timing, repairs, or rental income) that cost you thousands in unnecessary taxes.
What to look for: A CPA with specific experience in inherited property, estate taxation, and multi-state returns. Not every CPA handles estate work. Ask whether they’ve dealt with stepped-up basis calculations, Form 8971 basis consistency reporting (if the estate is required to file Form 706), depreciation recapture on inherited rental property, and state-level capital gains in the relevant states.
If the deceased had unresolved tax issues, such as unfiled returns, outstanding IRS liabilities, or unpaid estate or trust taxes, the situation requires more than a standard CPA. An executor who pays other debts before federal tax claims can face personal liability. In these cases, a tax attorney with estate and trust experience can navigate IRS priority rules and protect the executor from exposure. Firms like Rosefelt Tax Law specialize in probate, estate, and trust tax problems and can handle both the legal and tax side in a single engagement.
For a detailed breakdown of the taxes your CPA should be advising on, see our complete guide to inherited property taxes.
What Kind of Broker Do You Need to Sell Inherited Property?
What they do: Your broker handles pricing, marketing, disclosures, negotiations, and the entire sale process from listing to closing. For inherited property, the broker also needs to navigate probate and trust sale requirements, coordinate with your attorney and CPA, manage multi-heir communication, handle property cleanout logistics, and position the property correctly for its condition and the local market.
When to hire: After legal authority is clear (or nearly clear) and the family is aligned on the decision to sell. You don’t want to bring a broker in before you have the legal right to proceed, but you also don’t want to wait until the last minute. A good broker can advise on repairs, pricing, and timeline while you’re still getting the legal and tax pieces in place.
What to look for: A broker with direct experience in probate sales, trust sales, and inherited property transactions. This is not a standard residential listing. The broker should understand court confirmation requirements (if applicable), know how to price a property that may be dated or in disrepair, and be comfortable working with multiple heirs who may not agree on everything.
If the inherited property is commercial or investment real estate, you need a broker with commercial experience. A residential agent cannot effectively market an office building, retail center, or multi-family investment property. The buyer pools, valuation methods, and marketing channels are completely different.
Evaluating that experience is difficult when you have never hired a broker for an estate sale before. For a detailed breakdown of what to examine and what those checks can and cannot establish, see how Inherited Property Match selects and vets brokers.
What Does the Title or Escrow Company Do in an Inherited Property Sale?
What they do: The title company performs a title search to identify how the property is currently held, any recorded liens, mortgages, judgments, or clouds on title that need to be resolved before closing. They also issue title insurance to the buyer and handle the escrow and closing logistics: holding the earnest money deposit, preparing closing documents, coordinating signatures, and distributing funds.
When to hire: At two points. First, early in the process: order a preliminary title report as soon as possible to identify any title issues that could delay or block the sale. Second, once you’re under contract with a buyer, the title company manages the closing. Your broker will typically recommend a title company, but you can also ask your attorney.
What to look for: A title company experienced with estate and probate transactions. These closings require additional documentation (Letters Testamentary, death certificates, court orders, trust certifications) that a standard residential title company may not handle regularly.
Which Professionals Should You Hire First When Selling Inherited Property
These professionals may not be involved throughout the entire sale process, but hiring them early prevents problems later.
What Does an Insurance Agent Do for an Inherited Property Sale?
What they do: Confirm that the property’s insurance policy is in the correct name (the estate or trust, not the deceased), verify that coverage is adequate for the property’s current status, and ensure the right type of policy is in place. If the property is vacant, a standard homeowner’s policy may not provide coverage. The insurance agent can place a vacancy policy or estate policy that protects against fire, water damage, vandalism, and liability claims.
When to hire: Immediately. This is one of the first calls you should make. If the property is uninsured or underinsured for even a short period, the estate is exposed to significant risk. Many homeowner policies have vacancy restrictions that can limit or void coverage after a period of non-occupancy (terms vary by carrier). Confirm vacancy rules immediately and switch to the appropriate coverage if needed.
What Does a Banker Do in an Inherited Property Sale?
What they do: Help set up a dedicated estate or trust bank account to receive and manage funds during the administration process. This includes rental income, expense reimbursements, and (eventually) the sale proceeds. A dedicated account keeps estate funds separate from personal funds, provides a clean paper trail, and simplifies the executor’s accounting obligations.
When to hire: Within the first week if you need an account early (for example, to collect rent or pay carrying costs). Also important post-sale but before distribution of proceeds, when heirs may want to discuss options for holding or investing their share.
What Does an Appraiser Do in an Inherited Property Sale?
What they do: A licensed appraiser produces a date-of-death appraisal that establishes the property’s fair market value on the day the previous owner died. This value becomes the starting point for your stepped-up cost basis, which is the number the IRS uses to calculate capital gains tax when you sell. A formal appraisal is not legally required in every case to claim a stepped-up basis (fair market value can be substantiated in other ways). Still, it is the strongest evidence you can have if the IRS ever questions your basis.
When to hire: Within the first 30 days if possible. The longer you wait, the harder it becomes for the appraiser to find relevant comparable sales from the date of death.
Important: you may need two different “values.” The date-of-death appraisal establishes your tax basis (a federal income tax concept). But some states also require a separate probate inventory appraisal for the court, and the two processes may be handled by different parties on different timelines. Don’t assume that one appraisal covers both needs. Ask your attorney whether the court requires its own valuation.
If the inherited property is commercial real estate, you need a commercial appraiser, not a residential one. Commercial appraisals use income capitalization and other methods that require specialized expertise. For a full explanation of why the appraisal matters, see our guide to capital gains tax on inherited property.
Additional Professionals You May Need for an Inherited Property Sale
Not every inherited property sale requires these professionals, but when you need them, they make a significant difference.
When Do Heirs Need a Family Mediator to Sell Inherited Property?
What they do: Help families reach an agreement when emotions, grief, or longstanding dynamics create conflict. A mediator is a neutral third party who facilitates conversations, keeps the process moving, and helps heirs find common ground on decisions like whether to sell, what price to accept, how to handle personal property, or how to split proceeds.
When to hire: When disagreements are slowing or blocking progress. Don’t wait until the conflict has escalated to legal threats or formal objections. Early mediation is cheaper, faster, and less adversarial than litigation. If mediation fails, the probate court can step in, but that should be a last resort.
The reality: Inherited property sales are emotional. Siblings who got along fine before the inheritance may disagree sharply about what to do with the family home. A mediator is not a sign that something has gone wrong. It’s a practical tool for keeping the process on track.
When Do You Need an Estate Sale Company or Moving Company?
What they do: Handle the sorting, appraisal, sale, donation, and removal of personal property inside the inherited home. An estate sale company can organize and sell furniture, collectibles, artwork, and household items. Moving companies handle logistics if items are being relocated. Junk removal services handle the rest.
When to hire: Before listing. The property typically needs to be cleared (or substantially cleared) before it can be shown to buyers, photographed, and marketed. Estate sales can also generate meaningful income for the estate, especially if the home contains valuable items.
Coordination with your broker: A good broker will have a cleanout playbook and can recommend estate sale companies, auction houses, donation pickup services, and junk removal vendors. Your broker should also advise on timing so the cleanout doesn’t delay the listing.
Do You Need a Real Estate Attorney to Sell Inherited Property?
What they do: Some states require an attorney to be present at closing or to review closing documents. Even in states where it’s not legally required, having a real estate attorney involved in an inherited property closing is wise. They review the deed (which will come from the executor or trustee in a fiduciary capacity), confirm that the closing documents correctly reflect the estate or trust structure, and flag any issues that could create liability for the executor.
When to hire: Before pricing and listing decisions, so they can advise on any state-specific requirements. In some cases, your probate attorney can also handle the closing. In others, you’ll want a separate real estate attorney.
Note: This is a different role from the estate planning and probate attorney. The probate attorney handles the legal administration of the estate. The real estate attorney handles the legal mechanics of the property sale. Sometimes one attorney does both. Sometimes you need two.
What Property Condition Specialists Do You Need Before Listing Inherited Property?
What they do: Assess, repair, or prepare the physical property for sale. Inherited houses often have years of deferred maintenance, and understanding the property’s actual condition before listing prevents surprises that kill deals.
For residential inherited property, you may need some combination of: a home inspector (pre-listing inspection), general contractor or handyman, roofer, plumber, electrician, pest inspector, mold specialist, and (for rural properties) septic and well inspectors. You’ll also likely need cleaners, junk removal, and possibly a stager and professional photographer.
For commercial or investment inherited property, the equivalents are more specialized: Phase I Environmental Site Assessment (often required by buyers and lenders), property condition assessment (PCA), survey, and lease audit or rent roll verification with tenant estoppels.
When to hire: After the property is secured and before listing. Your broker should advise on which inspections and repairs are worth the investment and which aren’t. Not every inherited property needs a full renovation. Many sell as-is, but you need to know what you’re disclosing.
What Issues Delay Inherited Property Sales
The most common issues that delay inherited property sales are title defects, unresolved liens or mortgages, heir disputes, occupancy complications, and property tax reassessment triggers. These aren’t separate “hires” in every case, but they’re the issues that derail inherited property sales when nobody is watching for them.
What Debts, Liens, or Claims Can Delay an Inherited Property Sale?
Inherited property sales get delayed by unresolved financial obligations more often than families expect. Your attorney and title company should identify these early, but be aware of: existing mortgages, HELOCs, or reverse mortgages that must be paid off at closing; delinquent property taxes or HOA liens; IRS or state tax liens; code enforcement fines; and Medicaid estate recovery claims (state-specific, but potentially significant). If a reverse mortgage is involved, the CFPB has published guidance for heirs dealing with reverse mortgage loans that’s worth reading early. The creditor claims window in probate can also affect when proceeds can be distributed. For a full breakdown, see our guide to probate real estate.
What Happens If Someone Is Living in the Inherited Property?
If someone is living in the inherited property (a tenant, a family member, or an unauthorized occupant), you need a plan before you list. Tenant-in-place sales work differently from vacant property sales and typically attract investor buyers rather than owner-occupants. A family member living rent-free creates fiduciary complications for the executor. In some cases, a “cash for keys” arrangement (paying an occupant to vacate voluntarily) is faster and cheaper than a formal eviction. If the situation is complicated, a landlord-tenant attorney or property manager may need to be involved early.
What Title Problems Are Unique to Inherited Property Sales?
Standard title issues (old liens, boundary disputes) are common enough. But inherited property often has additional title complications: incorrect vesting from decades-old deeds, unrecorded transfers, old trust issues, unreleased mortgages from prior generations, deceased spouse complications, community property questions, and the need for multiple heir signatures from people who may live in different states (or countries). Order the preliminary title report early and give your attorney time to clear problems before you’re under contract with a deadline.
When Does It Make Sense to Keep Inherited Property Instead of Selling?
Not every inherited property needs to be sold immediately. In some cases, the better financial outcome is to rent the property temporarily, refinance to cash out equity, or have one heir buy out the others. Your CPA, a fee-only financial planner, and your broker can model different scenarios, so you’re making a decision based on numbers, not assumptions. This guide focuses on the team you need to sell, but a good team will also tell you if selling isn’t the best move.
Does Inheriting Property Trigger a Property Tax Reassessment?
This catches families off guard because they confuse it with the stepped-up basis. The stepped-up basis is a federal income tax concept that affects capital gains when you sell. Property tax reassessment is a completely separate local/state system that can increase the annual property tax bill when ownership changes. In some states (California under Proposition 19, in particular), inheritance can trigger reassessment unless a specific exclusion applies, and the filing deadlines are strict. Ask your attorney or CPA early whether a reassessment will be triggered and whether any exclusions or exemptions are available. Missing a filing deadline can be costly.
How Should Your Inherited Property Team Work Together
Your inherited property team should work from the same documents, timeline, and sale strategy, with the executor or trustee serving as the main decision-maker and the attorney, CPA, broker, and title company coordinating directly when needed.
Building your team to sell inherited property is only half the equation. The other half is making sure they communicate and coordinate.
The executor (or trustee) is the quarterback. You set the direction, make the final decisions, and ensure everyone is working from the same information. But you should not be the only connection point between your professionals. Your attorney, CPA, and broker should be talking to each other directly when needed.
Share information proactively. When your attorney gets Letters Testamentary, send a copy to your broker, title company, and CPA. When the appraiser delivers the date-of-death appraisal, share it with your CPA and broker. When your broker receives an offer, loop in your attorney and CPA before responding.
Establish a communication rhythm. For complex estates, consider a brief weekly or biweekly update call or email chain that includes your attorney, broker, and CPA. This prevents the “I thought someone else was handling that” problem that derails inherited property sales.
Ask each professional who else they need to coordinate with. At the first meeting with each professional, ask: “Who else on my team do you need to be in contact with, and what information do you need from them?” This simple question prevents silos.
How Should Multiple Heirs Make Decisions About Selling Inherited Property?
When multiple heirs are involved, establish a governance structure before decisions need to be made. Agree on: who is the single point of contact for professionals (one spokesperson reduces confusion), how decisions will be made (consensus, majority, or executor’s discretion), how disagreements will be escalated (mediation before litigation), and whether one heir wants to buy out the others (model this early with your CPA and broker so it doesn’t become a last-minute disruption). If a buyout isn’t possible and heirs can’t agree, a partition action may eventually force a sale, but that should be a distant last resort.
What Happens to the Proceeds After an Inherited Property Sale?
The sale closing is not the finish line. The executor still needs to manage the proceeds carefully. Keep sale proceeds in the estate or trust account (not personal accounts) until distribution is authorized. Expect 1099-S reporting in many inherited property sales. Confirm with your CPA to whom the 1099-S will be issued (the estate, the trust, or individual heirs) and how it should be reported. Hold back reserves for potential late creditor claims, outstanding taxes, and post-closing repairs or adjustments. Do not distribute prematurely if probate is still open, the creditor claims window hasn’t closed, or final tax returns haven’t been filed.
What to Ask Before Hiring Professionals to Sell Inherited Property
When assembling your team to sell inherited property, hiring specialists (not generalists) is the difference between a smooth sale and a costly one. Here are the questions to ask:
Attorney: How many probate or trust real estate sales have you handled in the last two years? Are you experienced with court-confirmed sales (if applicable in your state)? What is your typical timeline for getting Letters Testamentary issued?
CPA: Do you regularly handle estate income tax returns (Form 1041) and basis/stepped-up basis documentation for real estate? If the estate is required to file Form 706, do you handle basis consistency reporting (Form 8971)? Have you worked with multi-state returns if the property or heirs are in different states?
Broker: How many inherited or probate property sales have you completed? Do you have a vendor bench (estate sale companies, cleanout crews, inspectors) you work with regularly? Are you comfortable managing communication with multiple heirs? Do you have experience with commercial properties (if applicable)?
Title company: How often do you handle estate or trust closings? Can you clear common inherited-property title defects (old liens, multi-heir signatures, deceased spouse issues)?
These questions aren’t about testing people. They’re about making sure you’re hiring someone who has done this before and won’t be learning on your estate.
Special Inherited Property Situations That Require Additional Help
Most inherited property sales follow a predictable path. These situations don’t:
Minor or incapacitated heir. If any beneficiary is a minor or lacks legal capacity, the court may need to appoint a guardian ad litem or approve the sale separately. Your attorney should flag this immediately.
Foreign heirs. Beneficiaries living outside the United States may face notarization and apostille requirements for signing documents, FIRPTA withholding complications if they are considered foreign persons for tax purposes, and delays in receiving distributions. An attorney experienced with international estate issues can navigate this.
Missing heirs. If a beneficiary cannot be located, the court may require a formal heir search (sometimes involving a professional genealogist) before the estate can be closed. This can delay distribution significantly.
Property in multiple states. Each state where real estate is located may require its own probate proceeding (ancillary probate) and its own local broker.
Who to Hire When Selling Inherited Property: Quick Reference
Use this table to build your team to sell inherited property in the right order:
| Professional |
When to Hire |
Common Triggers |
| Insurance agent |
Immediately |
Vacant property, policy in deceased’s name, property in disrepair |
| Estate planning/probate attorney |
Before signing anything |
Strongly recommended for all situations; at minimum, consult before making decisions |
| Banker |
First week (or post-sale) |
Rental income to collect, carrying costs to pay, proceeds to distribute |
| Appraiser |
Within 30 days |
Strongly recommended for defensibility of stepped-up basis; commercial property needs commercial appraiser |
| CPA/tax advisor |
Before pricing decisions |
Every sale; especially if multi-state, rental income, or potential estate tax |
| Property condition specialists |
Before listing |
Deferred maintenance, unknown property condition, commercial/industrial property |
| Estate sale/moving company |
Before listing |
Home full of personal property, valuable collectibles, hoarder situations |
| Real estate broker |
After authority is clear, family aligned |
Every sale; match broker type to property type (residential vs. commercial) |
| Title/escrow company |
Early (prelim title) and at closing |
Every sale; especially urgent if property has been in the family for generations |
| Family mediator |
If conflict arises |
Multiple heirs, disagreement on sell vs. keep, one heir living in property |
| Real estate attorney |
Before pricing decisions |
Required-attorney states, complex title, fiduciary deed review |
| Landlord-tenant attorney |
When occupancy is an issue |
Tenant in place, family member occupying, unauthorized occupant |
Frequently Asked Questions About Selling Inherited Property
How Much Does It Cost to Sell Inherited Property?
Most of these professionals are paid from the estate’s funds or from the sale proceeds at closing. The broker’s commission comes out of the sale proceeds. Attorney and executor fees vary by state (some are set by statute). The CPA, appraiser, and other professionals charge standard fees.
Can One Attorney Handle Both Probate and the Real Estate Closing?
Sometimes. In many states, your probate attorney can also handle the closing. In more complex situations or in states that require a separate real estate attorney at closing, you may need two. Ask your probate attorney early whether they handle real estate closings or whether you should engage someone else.
Do You Need a Commercial Broker to Sell Inherited Commercial Property?
Yes. A residential broker cannot effectively price, market, or negotiate the sale of an office building, retail center, or multi-family investment property. Commercial real estate requires different valuation methods, different buyer networks, and different deal structures.
What If the Estate Can’t Afford to Pay Professionals Upfront?
Many professionals involved in inherited property sales are paid at closing from the proceeds, not up front. Attorney fees, broker commissions, and title/escrow fees typically come out of the sale. For professionals who charge upfront (appraiser, CPA), the estate should cover these costs if funds are available. If the estate is illiquid, heirs sometimes advance costs and seek reimbursement through the probate accounting process.
Who Coordinates the Process of Selling Inherited Property?
The executor or trustee. You don’t need to be an expert in law, tax, or real estate, but you do need to make sure your professionals are communicating and that nothing is falling through the cracks. A broker experienced with inherited property sales can be a strong project manager for the real estate side.
Can You Use Your Family Attorney or CPA to Sell Inherited Property?
That’s fine, as long as they have experience with inherited property and estate administration. A family attorney who handles business law or personal injury may not be the right fit for probate. A CPA who does routine personal returns may not know the nuances of stepped-up basis, Form 8971, or multi-state estate tax. Ask about their specific experience before assuming they can handle it.
What to Do Next: Build Your Team to Sell Inherited Property
The most important thing you can do right now is start building your team in the right order. Begin with the attorney and insurance agent, then bring in the CPA and appraiser, and line up your broker once legal authority is clear.
If you need help finding a broker with that kind of experience, Inherited Property Match can connect you with brokers who specialize in inherited property sales across residential, commercial, and investment real estate. Alan or Rhett Fruitman selects and vets every broker personally before making an introduction, and there is no cost to the property owner.
About the Author
Rhett Fruitman is the co-founder of Inherited Property Match and President of Real Estate Broker Match (REBM). He has a background at Citi Private Bank, CBRE, and in the 1031 exchange industry, and focuses on helping families navigate the legal, tax, and logistical complexities of selling inherited property.
Connect with Rhett on LinkedIn
This article is for general informational purposes only and does not constitute legal, tax, financial, or real estate advice. Every estate situation is unique. We strongly encourage you to work with qualified professionals, including a probate attorney, CPA, and experienced real estate broker, before making any decisions related to inherited property. Inherited Property Match is a service of Real Estate Foundation, Inc.