Selling Parent's Property in The Villages, Florida
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The process of selling a parent's home in The Villages, Florida, presents a unique convergence of emotional, legal, and logistical challenges. Success in this endeavor requires a clear understanding of Florida's specific legal frameworks for property transfer, a nuanced approach to the dual-system real estate market exclusive to the community, and a strategic plan for preparing and marketing the property to a distinct retiree demographic.This briefing synthesizes critical information to guide an adult child through this process. Key takeaways include:• Establish Legal Authority: The first and most critical step is to establish the legal right to sell. This is achieved through a court-supervised Probate process if the parent is deceased, or via a properly executed Durable Power of Attorney if the parent is living but incapacitated. Both paths have specific requirements under Florida law that must be strictly followed.• Understand The Villages Market: The Villages is a high-growth market driven by a robust 55+ population, with pro-growth policies facilitating expansion. For 2025, the market is predicted to see sustained population growth, rising demand for retiree-centric amenities, and strong performance in residential real estate.• Navigate the Dual Listing Systems: Sellers must make a critical choice between listing with a licensed Realtor® on the global Multiple Listing Service (MLS) or with a developer's sales associate on the proprietary Villages Listing System (VLS). The MLS offers greater transparency, worldwide exposure, and agents bound by a Realtor® Code of Ethics, while the VLS is an in-house system with its own inventory and search capabilities.• Assemble a Specialized Team: The complexity of the situation warrants a team of specialized professionals. This includes an experienced probate attorney, a Realtor® Team - Jim & Tami McDonald , and they will coordinate a Senior Move Manager to handle the logistics of decluttering, packing, and disposition of personal property. By addressing these core areas methodically, the sale of a parent’s property can be managed efficiently, respectfully, and with a focus on achieving the best possible outcome.
Jim & Tami can be reached at (352) 492-1699 call/text