Why a "Realtor Ad Litem"?

A Realtor Ad Litem is a real estate broker and has extensive experience litigating real estate transactions, divorces, and partitioning matters.  With a strong backbone in mediations, a Realtor Ad Litem is able to help parties navigate the complex transaction and relationship of the parties while in litigation.  The Realtor Ad Litem keeps the Court and parties informed, by filing status reports with the Court and also scheduling hearings on a needed basis.  The Realtor Ad Litem is comfortable to testify at hearings, attend depositions, and participate in the litigation.

As an impartial third party in divorce or partition cases involving the sale of real property, the primary objective is to secure, assess value, manage, potentially rehabilitate, and ultimately sell the property—or facilitate an alternative settlement. When acting as a Realtor Ad Litem in divorce, partition, or other co-owner disputes, Sobi Realty takes on the following responsibilities:

• Providing an accurate market valuation: Depending on the specific circumstances, Sobi Realty conducts in-depth research, compiles relevant data, and analyzes it to offer an accurate Broker Price Opinion (BPO) for residential assets or a Broker Opinion of Value (BOV) for commercial assets.

• Crafting a tailored marketing plan: Sobi Realty designs a unique sales and marketing campaign for each property, considering its type and relevant metrics. The aim is to attract high-probability buyers—whether they are investors, owner-occupants, or specialized buyers—at the most favorable pricing and terms.

• Managing crucial details: Recognizing the individualized nature of Realtor Ad Litem appointments in divorce, partition, or other co-owner disputes, the court order governing the appointment may include customized provisions concerning access, showing times, reporting intervals, short sales/foreclosures, and other specific details based on the facts and circumstances of the case. Sobi Realty is well-equipped to address these issues and draft specific provisions to cater to unique situations.

• Skillful contract negotiation: Apart from seeking the highest and best pricing for the property, Sobi Realty negotiates contract terms with a focus on minimizing or limiting the liability associated with the property. In cases where there are physical or financial challenges, these matters are addressed either before marketing or in conjunction with contract negotiations.

• Efficient court administration and involvement: Throughout the process, the Realtor Ad Litem in divorce, partition, or other co-owner disputes efficiently handles all the day-to-day details required by the court. As necessary, Sobi Realty appears in court, alongside sales and other matters, prepared for judicial inquiry and review of all pertinent information and history related to the valuation, marketing, management, and contract negotiation process.