Why Are Probate Leads So Profitable?
In short, they are an ideal lead and have the potential to generate significant income. Also, most of the time the property of someone who has passed cannot be sold until probate starts. This means you are reaching a motivated seller at the perfect time.
During probate, the Administrator is going through quite a bit. They are trying to find all of the assets of the deceased including but not limited to vehicles, properties, banking accounts, stocks, bonds, 401(k)s, insurance companies, hidden assets… the list goes on. They also have to pay the deceased’s debts, taxes and more. What a lot of Administrators want to do is “liquify” these assets, place the money in one account, pay off any debts and when probate closes, distribute the funds evenly among the heirs.
One of the biggest assets an Administrator may want to liquify during a probate process is the decedent’s (deceased) property/properties. The house can’t just be split up between heirs and it is easier if they just liquify the asset and place that money in an interest bearing account throughout the rest of probate.
In short, probate leads are most desirable because the Administrator’s don’t really care about getting the most out the property, meaning they definitely do not want to waste time remodeling, cleaning, listing with real estate agents, etc. They just need to liquidate the cash out of it quickly. These types of leads are typically leads an investor dreams of.
The administrator wants to quickly liquify the asset and the investor usually offers fast closings and pay with cash. This is a true win-win situation.
What Information is Provided With Each Lead?
We manually track and skip trace probate leads for you, then list them in our database. Each lead contains the following:
- Probate Court Case Number
- Decedent name (individual who has passed)
- Probate Start Date
- Decedent Property Address
- Administrator Name
- Administrator Address
- Decedent Property Details Including:
- Estimated Value
- Beds/Baths
- Square Footage
*We add new leads to our database on a daily basis. At the moment we only provide leads for Missouri but will be adding more states in the future.
What‘s The Difference Between An Executor And An Administrator Of Probate?
In the event of a person passing away with a will, the document will specify the chosen Executor of their estate.
If someone passes away without a will, the role of Administrator will typically be assumed by their spouse or one of the heirs.
In both scenarios, the Executor/Administrator holds the decision-making authority throughout the probate process.
Access to Leads Like This Are Normally $250 – $2,500+, Why Don’t You Charge More, or at Least A Percentage of The Closing Price For Your Lead(s)?
Real estate referral fees, also known as “bird-dogging,” are unfortunately illegal in most states. However, many people still engage in this practice without ever running into problems. At our company, we specialize in finding and investigating excellent probate leads, and we always prioritize compliance with the law to remain operational. This is beneficial for wholesalers and investors because you are literally paying a fraction of the price for a consistent stream of great leads – we are very aware that just one successful probate lead can make a wholesaler or investor a ton of money.
How Long Does Probate Usually Last?
Probate duration varies widely based on the complexity of the estate, local laws, and potential disputes. Simple cases may resolve within a year, while complex ones can take several years. In Missouri, for example, the process typically lasts a year but can be longer. Either way, during probate the Administrator is mainly trying to sell assets for fast cash.
Screenshot of our Missouri database:
How Much Does it Cost to Access Your Probate Lead List?
Our subscription fee is $55 per month which you can cancel at any time. To access our database, simply subscribe below and we will email you the password. As our database expands to more states you will always be locked in at this subscription price. Enjoy and go make some awesome deals!
*Leads are researched & manually added to our database on a daily basis
