Selling a probate property when beneficiaries do not agree with lowering price.

[Nitgel]

How would an executor stand if they do not agree with keeping a house on the market at a price that is not attracting buyers. I have dropped the price by a small amount and that hasn't attracted any more buyers and estate agent suggests we drop by a more substantial amount. The beneficiaries want to keep the house on the market at the same high value but it isn't attracting viewers.

You need to establish that you will make the decisions. What will happen if you do get offers? Will the beneficiaries get a say in potentially rejecting them because they want more? The listing price is the easiest part!

the listing price has been frustrating so far, if we have offers I would tell my siblings (three of them) and wait for an answer. I don't particularly want to fall out with them and thought this would be the best. Am regretting it now though.

I think agents have to drop by a minimum if 2 % to relist it, maybe get another valuation from a different agent, that's what our solicitor did. Could you relist it on with 2 agents .you can give up your executors role and employ a solicitor if that's easier.

I have had this situation, but reversed. The executor wanted more than was realistic for the property.
It sat there for months and months. I was one if the beneficiaries and was really frustrated because the executor was rejecting very good offers without any consultation with the beneficiaries.
So, I think if you want to maintain good relationships, even though technically yes it's 100% up to the executor, trying to communicate with one another (bring up recent sold prices etc) is a good idea.
I just kept my mouth shut for ages after the initial conversation when it was clear our expectations were wildly different, just in the interest of harmony but then was quietly really annoyed that offers were not even discussed, so it has affected relationships even if the executor doesn't realise it!