6 Timeless Tips From Real Estate Agents Specializing in Divorce (2024)

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Disclaimer: This blog post is meant to be used for educational purposes only, not legal advice. If you need assistance navigating the legalities of keeping or selling your home in a divorce, HomeLight always encourages you to reach out to your own advisor.

Deciding what to do with the marital home is a challenging part of every divorce where real estate is involved. Not only is the situation already emotionally charged by the circ*mstances, but the home itself carries sentimentality and enormous value. While it can feel like you’re alone in an impossible situation, help is available.

There are actually real estate agents specializing in divorce who navigate the details and roadblocksof selling joint property dozens of times every year. Some agents even get certified, which involves special training in understanding tax issues in the sale of the family home, alimony and child support, divorce and pensions, and bankruptcy.

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In this guide, we’ve done the research by asking Dawn Fore, a real estate divorce specialist and top-selling real estate agent in Houston: What are some of the top things you always advise divorcing clients? She gave us the words of wisdom below. Now’s your chance to soak up some of this free advice and learn how to get a handle on this collision of stressful life events.

Is It Better to Sell Your House Before or After a Divorce? Learn more
18 Questions to Ask Yourself Before Selling a House in a Divorce Learn more

1. ‘Pick a divorce specialist agent that both spouses can trust.’

Nothing will leave you feeling more isolated, alone, and backed into a corner than trying to get the house sold during your divorce with an agent who doesn’t feel like an ally.

And if you hire someone you trust — but your ex-to-be doesn’t — the entire process becomes an endless battle with no winners.

“A home sale during a divorce is different than a traditional sale because of the type of communication that you need to have with your clients,” says Fore. “You’re typically communicating with each spouse separately, but sometimes you have to pull them together to make decisions during this very emotional, painful situation. So both homeowners have to trust you.”

There are a few different types of certifications and training for real estate agents to specialize in sales due to divorce, but the most common certification is the Certified Divorce Real Estate Expert (CDRE), a program offered by the Ilumni Institute.

An agent with the CDRE designation has received specialized training in the following areas:

  • Tactfully handling the emotional conflict of a contentious home sale, including keeping the process civil and in everyone’s best interest
  • The pros and cons of selling the home or having one person keep the home and buy out the other
  • Family law with regard to real estate
  • The overall process and timelines of divorce proceedings
  • Tax issues regarding the sale of a marital home, including whether the home was purchased prior to or during the marriage
  • Considerations for how alimony and child support may impact any real estate decisions
  • Considerations for how pensions, bankruptcy, and related financial situations may impact any real estate decisions
  • Determining the market value of property in a divorce
  • Ways clients can avoid adverse effects on future finances
  • How your state’s property division laws apply to your unique situation

If you’d like to partner up with a divorce specialist or agent with a proven track record of satisfied divorce clients, HomeLight can help connect you with a top agent in the area who best suits your needs.

2. ‘Fighting about the home sale will cost you both time and money.’

When it comes to dividing assets, the marital home is often one of the most valuable assets. But, whereas bank accounts and 401k’s can literally be split in half, that’s a lot more tricky to do with a home.

Contention and disagreements about the best way to move forward are all but inevitable. Some of the most frequent arguments include:

  • Whether to sell the home and split the proceeds, or have one person keep the home and buy out the other
  • If one person is buying out the other, whether there are enough other assets to cover the equity owed to the person moving out or if there needs to be a cash-out refinance
  • If the home was purchased prior to the marriage, how the equity balance should be determined where it isn’t equal
  • If selling, trying to figure out which repairs and upgrades to make, and who’s going to pay for them
  • If selling, agreeing on which offer to accept or which buyer concessions to make

Whatever the issue, neither party wins in the long run when you and your spouse fight about the home sale.

“Just remember that every argument and disagreement during the divorce is costing you money. A lot of times, only one spouse is giving me 100% effort and the other party is working against us,” says Fore.

“And if one spouse is fighting the home sale every step of the way, the divorce attorney may need to get a court order to move the home sale forward — which will cost you.”

Every time your divorce attorney needs to negotiate one of these little skirmishes, they’re going to charge you — which adds up fast at an average rate of $270 an hour.

But maybe your spouse is the one paying the divorce attorney, so you’re only too happy to rack up the bills. Well, if your spouse can prove that you’re purposely dragging out the home sale to delay the divorce, the court may order you to pay your ex’s attorney fees.

3. ‘Accept what the numbers are telling you when you get an offer.’

A spouse determined to finalize the divorce as swiftly as possible may do anything to get the home sold — including accepting any lowball offer that comes along.

However, just because an offer isn’t quite as high as you expected doesn’t mean it’s a bad offer — and turning it down may not be the smart play.

Instead of worrying about why your ex wants to accept or turn down an offer, you need to do the math and let the numbers tell you what to do.

“When the couple is determined to disagree over an offer, we go through the numbers very carefully,” explains Fore. “For example, if it’s less than one party wants, we talk about what it’s going to cost to hold onto the house if we don’t take the offer that we have on the table. If they continue to fight each other, that’s not going to give them a financial advantage in the long run.”

In some cases, it may even make sense to pursue cash offers at a lower-than-market value in order to sell your home fast.

HomeLight’s Simple Sale can help you receive a cash offer in 24 hours and avoid the potential disagreements and strain that the home-selling process may add to an already stressful divorce.

The home sale is always smoother when both spouses can agree that the house is going to show better and sell quicker if one party has already moved out. Because if the spouse currently living in the house doesn’t want to do anything to get it ready to list, selling the home becomes that much more difficult.
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4. ‘Only one spouse should remain living in the house when you’re trying to sell.’

If you’ve read the book or watched the film based on the Warren Adler story “The War of the Roses,” you know that living with your spouse while you’re in the midst of a divorce is a terrible idea that’s practically guaranteed to end badly.

It’s 10 times worse when that divorcing couple is engaged in a battle royale over the sale of their home.

“The home sale is always smoother when both spouses can agree that the house is going to show better and sell quicker if one party has already moved out,” advises Fore. “Because, if the spouse currently living in the house doesn’t want to do anything to get it ready to list, selling the home becomes that much more difficult.”

There are multiple reasons for having only one spouse live in the home during the sale:

  • The person with more at stake (if any) can remain to ensure the sale goes smoothly
  • Scheduling showings is significantly easier with only one person
  • The agent has one point of contact for small decisions about repairs and improvements

However, just because it’s best that one spouse moves out doesn’t mean that you should both vacate the property.

There are multiple reasons not to sell the house while it’s vacant:

  • Vacant houses are typically harder to sell.
  • They receive lower offers because the rooms look smaller than they actually are.
  • You may have to pay for special vacant home insurance as empty properties attract crime.
Do I Have to Sell My House in a Divorce? See 4 Options Learn more
Dividing Your Home in a Divorce: Do You Need an Appraisal? Learn more

5. ‘Consult a tax specialist to preserve the home sale proceeds.’

Most engaged couples are too infatuated with each other to seriously think about the tax benefits of marriage. However, when the infatuation is gone and divorce is nigh, couples should definitely consider the tax implications of the various ways to divide the home equity.

“Divorcing spouses should consider how they’re going to file their taxes for the year when they’re deciding on if and when to sell the house,” advises Fore. “Because there are different tax implications if they’ll still be filing jointly, or as separate households.”

Hiring a certified tax specialist with divorce tax experience can:

  • Help you navigate how mortgage interest and real estate taxes will impact your divorce
  • Help with the timing of the sale to avoid paying capital gains tax (you can exclude up to $500,000 of the proceeds as a married couple)
  • In the case of a buy-out, help the person receiving funds to avoid paying capital gains tax on any home equity received because it’s part of the divorce settlement
  • Help with fringe cases, for example, for end-of-year divorces knowing whether filing in the current year versus the next year has tax benefits in terms of the filing status

6. ‘If you’re keeping the house, remember to remove your ex from the deed.’

While there are plenty of emotional and financial reasons to sell the house during your divorce, in some cases, it may make sense to stay put and buy your spouse out.

If you’re able to qualify for a mortgage with your solo salary, and your spouse agrees to a reasonable buyout amount, this can all be handled as part of the divorce proceedings.

“Just because you get a final divorce decree doesn’t mean everything’s done,” explains Fore.

“After the divorce is final and the decree indicates which spouse gets the house, then your attorney must prepare paperwork to remove the other spouse from the deed. If this doesn’t happen, it’ll cause problems down the road when the spouse who kept the house finally decides to sell.”

The divorce decree doesn’t legally transfer the property. In most cases, you can transfer ownership with a simple quitclaim deed, though others may require more extensive paperwork to complete the transfer.

In any case, you need to make sure it’s completed as soon as the divorce is settled.

Mortgage Assumption During Divorce: What You Need to Know Learn more
How to Navigate Your Divorce Settlement Options Related to the House Learn more

Bottom line: Listen to the experts to avoid any pitfalls

Selling a home as part of a divorce is difficult even in the best of circ*mstances. It is fraught with pitfalls that can significantly complicate the process, costing thousands of dollars in extra legal fees and adding months to the timeline.

However, by taking these tips to heart and following the advice of a divorce specialist agent, you can transform your contentious home sale from stormy seas to smooth sailing.

HomeLight can connect you with a Certified Divorce Real Estate Expert in your area or a top agent with valuable experience helping couples successfully sell their homes due to divorce.

Christine Bartsch contributed to this story.

Header Image Source: (Matthew Addington / Death to the Stock Photo)

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Richard Haddad is the managing editor of HomeLight.com. He works with an experienced content team that oversees the company’s blog featuring in-depth articles about the home buying and selling process, homeownership news, home care and design tips, and related real estate trends. Previously, he served as an editor and content producer for World Company, Gannett, and Western News & Info, where he also served as news director and director of internet operations.

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6 Timeless Tips From Real Estate Agents Specializing in Divorce (2024)

FAQs

How do you end a relationship with a real estate agent? ›

Feel free to break up with them. You won't face any legal consequences. Just call, text, or email them something like, “I'm sorry, but I'm going to put a pause on buying a home right now,” or, “I hate to do this, but my partner and I decided to work with another real estate agent.”

How do you handle a house after divorce? ›

When you get divorced, you have three main options for how to handle the house you owned together. You can sell the home and divide the proceeds. One of you can keep the house and buy out the other. Or you both can own the property together temporarily.

How can I be consistent in real estate? ›

10 Real Estate Tips For Consistent Listings In A Changing Market
  1. Go And Get It.
  2. Aim For The Bullseye.
  3. Time Management Is Money Management.
  4. Find A Lead Stack That Works For You.
  5. Hit The Ground Running.
  6. Get Your Mind Right.
  7. Know What To Say.
  8. Don't Break The Bank.

What scares real estate agents the most? ›

1) Fear of rejection.

This is often the first thing to come to mind when realtors are asked to share their biggest fear, especially for those agents who are new to the industry.

What do most realtors struggle with? ›

Many, if not most, real estate agents will fail in their first year. Three common mistakes that agents make are inadequate prospecting, failing to market properties in ways that lead to timely sales, and not following up with clients to maintain relationships.

How do you say goodbye to a realtor? ›

During your scheduled call, tell your real estate agent you've chosen to work with someone else and thank them for their time. They may ask if you've signed an exclusivity agreement with someone else. You don't need to disclose any other information if you don't want to.

What is the most common way that real estate agency relationships end? ›

The most common way is through mutual agreement. As a matter of contract, principals and agents may decide to end their relationship. For example, an employee may decide to quit his or her job, or the agency agreement may only be for a set period of time or for a specific transaction.

How to fire a real estate client? ›

When it is decided that the Realtor and client relationship needs to end before the transaction closes, have a face-to-face meeting with your client, if possible, to advise that the relationship is now ending. If there is a listing, have a cancellation of listing drawn up to be dated and signed by all.

Does my husband still have to pay the mortgage if he leaves? ›

Key takeaways

If you obtained a joint mortgage with your ex, both of you are responsible for the debt. Divorcing couples with a joint mortgage typically opt to sell the marital home, refinance the mortgage to a new loan in one spouse's name or have one party buy out the other.

How is home equity split in a divorce? ›

In general, you'll divide your home equity evenly if you own a home in a community property state.

Does it matter whose name is on the mortgage in a divorce? ›

Does It Matter Whose Name Is on the Mortgage in a Divorce? While the name on the mortgage can influence who is responsible for the debt, it doesn't necessarily dictate how the property is divided.

How do you stand out as a real estate agent? ›

An effective way to stand out among other realtors is by branding your business to get attention and build prestige for your services. Entice more clients to work with you by making your brand look more appealing than the others — upload quality content on your website and social media.

What makes real estate hard? ›

Earning a living selling real estate is hard work. You have to be organized in order to keep track of legal documents, meetings, and all the tasks that go into multiple listings. You may go without a paycheck for periods of time because the work is often commission-based. If you don't sell, you don't earn anything.

What makes a good real estate deal? ›

If the listing price is lower than the fair market value of the property, it would probably be a good real estate investment deal. Consider doing a real estate appraisal to estimate the value of the rental property for sale. Location is one of the most important factors when it comes to investing in real estate.

What is the biggest challenge in real estate? ›

5 of the Biggest Real Estate Challenges + How Agents Can Overcome Them
  • Fierce Competition. ...
  • Long Hours. ...
  • Time Management. ...
  • It Feels Like a Thankless Job.
Nov 18, 2023

What makes being a realtor hard? ›

Earning a living selling real estate is hard work. You have to be organized in order to keep track of legal documents, meetings, and all the tasks that go into multiple listings. You may go without a paycheck for periods of time because the work is often commission-based. If you don't sell, you don't earn anything.

What is the hardest part of selling a house? ›

Getting your home ready for sale is number one. Looking good is essential- clean and depersonalise. The clean-up is the hardest part, and the more thorough you are, the better will your results be.

What state is the hardest to be a realtor? ›

The difficulty of the real estate exam varies by state, but the California real estate exam is known to be one of the most difficult. In fact, the pass rate for the California real estate exam in the last two years was under 50%, which means it's incredibly competitive and difficult to pass.

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