The Risks and Rewards of Buying and Selling During Divorce
David Perry is a licensed real estate broker and certified Divorce Real Estate Specialist at Brown Harris Stevens. He joins Stacy Francis to talk about how to navigate buying and/or selling one’s home during a divorce.
- According to David, accounting is the language of business, economics is how you run it, and real estate is the marriage of both.
- Having a real estate broker as a resource from the beginning is important, David says, even if couples aren’t sure whether they want to buy or sell.
- Pricing houses close to the market value is a safe decision; if priced too high, and the house remains on the market for a long period of time, the value will decrease as time progresses.
- There is a perception that one can buy a house at a better price if a couple is selling it because they are getting divorced.