The aim is to ultimately protect the beneficiaries otherwise there would be no accountability and the various institutions involved would not know who to release the deceased’s assets to. It also allows the courts to check that the will is valid and that the deceased’s estate is administered by the correct person.
You are advised to obtain a detailed valuation in relation to all of the assets of the deceased person. You, as executor, have the decision to appoint an auctioneer to sell the properties and to get the best price for the asset.
It is advisable to have the Probate taken out prior to placing the properties on the market.