Real Estate

DOWNSIZING AND TRANSITIONING

Our homes are our connection to our past with memories that have made and shaped our lives. So, it is no wonder why downsizing and leaving the family home can be a difficult time for older adults. For many, this transition can be not only a deep emotional trigger, but the enormity of the process can be overwhelming especially if family support is not local.

Once the decision has been made to downsize and transition into perhaps an active adult retirement community or maybe the need for assisted living, the next step is seeking the professional help of a realtor to sell the home. This is especially true for older adults whose real estate transactions may affect long-term care planning tax considerations and/or estate planning considerations.

CHOOSING A REALTOR

Choosing a realtor is an important part of the downsizing process. An experienced realtor who understands the market will likely result in a faster sale. You may want to consider finding a realtor who specializes in working with older adults. A Senior Real Estate Specialist® or SRES®, is a realtor who has received extensive, specialized training covering topics that are of special importance to older adults and their families. Additionally, a significant benefit of using a SRES® is their ability to connect you with their network of senior-friendly movers, attorneys, home inspectors, and other experts to help you through the transition and moving process.