Why Downsizing Is Not A Bad Word

Why Downsizing Is Not A Bad Word

Downsizing is not a bad word, but moving into smaller spaces can prove to be time-consuming, and a physically demanding and emotional time. There are, however, several proactive things you can do to simplify this transition, thus minimizing the challenges that can accompany this life changing event. As baby-boomers are moving through their 50’s and 60’s, the desire to downsize is appealing; conversely, the parents of the boomers may be “kicking and screaming”, (figuratively speaking) that no, they will not downsize! This concept seems to make them feel old and no longer part of the home owners club. But, by helping them to understand that this transition can be a freeing experience, this change can be their best gift ever. Transitioning a senior to an assisted living or independent living community is an important part of the job for many real estate professionals. There are several pieces to the puzzle that need to be considered in order to make for a smooth transition. As a result, this part of real estate is a much different experience than other types of transactions. Therefore, hiring an agent that fully understands the full scope of this process is not only essential but should be a requirement. Here are some suggestions to help you get started…

• Create a floor plan that your aging loved one will be excited about; make sure they understand the amount of space they will have to work with.
• Have a yard sale, donating the remaining items to a local charity or thrift shop; you can also give some items to friends and family members. Perhaps listing the more valuable items on eBay is an option- throwing things away only increases their anxiety!
• Organize a sorting system such as color coding categories of items with stickers. This will help you to track the items you are keeping, trashing, or that fit into the “unsure” category. You can also use these stickers to determine where the items are going.
• Establish time limits on how long you will work each day or week.
• Stay focused on one area at a time. This will keep you from losing your mind!
• Consider hiring moving professionals as when moving time arrives, you will be thankful you did!
• Hire a real estate agent who offers various selling options, including cash offers for a quick settlement.

Author: Joe Evangelisti
Phone: 609-346-4610
Dated: June 9th 2014
Views: 11,264
About Joe: Growing up in a family of builders, Joe learned the fundamentals of real estate at an early age. Wor...