When close friends or relatives ask you to be the executor of their will, you may be hard put to say no. You may think you simply can't decline because of the relationship or feel that it's an honor because they're entrusting you to carry out their last wishes. But most people well versed in estate planning say you should think hard before saying yes and not take the responsibility lightly.
Times are tough for residential appraisers. Artificial intelligence software that calculates a property's value in three minutes is working to replace them. Demand for appraisals has dropped as lenders turn to limited evaluations in lieu of full-blown appraisals for some types of loans.
Prudential Hunter in Santa Monica, Calif., and other West Coast Prudential affiliate offices say they have a program that'll expose listings to more potential buyers and eliminate the need for sellers to set fixed prices. Or is it a crutch for salespeople who can't convince sellers what their properties are worth?