The real estate market is nothing if not turbulent. Ever-changing demand and interest rates alone can quickly make buying or selling overwhelming. But another factor often gets overlooked when evaluating one’s entrance into the market – life. The truth is the factors we need to consider when buying or selling change drastically as we age.
Mature homeowners are finding difficulties when selling in the current market. Not only are these homeowners parting from where their cherished memories were created, but the financial and logistical requirements often mean more planning and complications.
To add to that, recent studies suggest that the top reasons offered by mature homeowners for moving include changes in health, freedom from home maintenance responsibilities, and a desire for peace of mind. These individuals aren’t looking to learn (or relearn) the current real estate and financial industries. They are seeking reliance on expert real estate agents who are well-versed in the emotional process of selling a home.
Aside from transactional real estate alone, multi-generational living is a common consideration. Many families decide this is a path worth investigating to care for their loved ones all under one roof. That means the sale of your loved one’s home and its profits could build an in-law apartment providing the full comforts of home or just provide living expenses for your extended families and the new expenses that will incur. Resources such as, USAging, Elder Care Locator, and Centers for Medicare & Medicaid Services can help you navigate this process and also, with out-of-state family members moving in-state, nationally recognized organizations such as the National Association of Realtors Senior Real Estate Specialist (SRES) organization or agents with this designation can help.
Statistics show 1 out of 4 people in the United States are estimated to be above sixty years of age by 2024, and these barriers to entry into the housing market host legitimate implications nationally. This, in tandem with the fact that the majority of people will never reside in a senior living facility, suggests that seniors will continue to work through these obstacles.
Because of this, mature homeowners are encouraged to seek agents with the SRES designation, like local agent Susan Roemer, from Better Homes and Gardens The Masiello Group. This designation signifies enhanced knowledge and skills to guide homebuyers and sellers over fifty through a major lifestyle transition.
Whether you are downsizing, retiring, or finding a new community, an SRES will help pave the road to the next chapter in your life. But how exactly do they do this? Agents like Roemer have training in navigating financial and emotional challenges from selling long-held/close-to-your-heart family homes, developing custom plans for clients to ensure future residences are fully accommodating needs, daily communications with clients and families to discuss progress, and advanced knowledge in reverse mortgages. They can provide a vast network of movers, attorneys, financial planners, handyman services, and other experts to leverage through the process.
Roemer goes as far as consulting mature homeowners with resources in the packing/moving process. With connections to professional services, clients can get aid in determining how much can fit in their new home, what items to keep/leave, and the physical packaging, moving and unpacking of the clients belonging.
The Masiello Group is a second-generation family company that has been a trailblazer in New England real estate since 1966. With more than 35 offices throughout northern New England, we’re the largest residential real estate firm north of Boston to offer a complete suite of home services, including buying, selling, mortgage, title, insurance, relocation, and more.
If you’re considering a move as a mature homeowner, reach out to SRES Roemer, an expert realtor who has been with Better Homes and Gardens The Masiello Group for 20 years. Roemer is not only experienced in successfully guiding her clients through life-changing moves in adverse markets but is an expert in consulting homeowners and their families through the decision-making process.
In her words, “I try not to become a person of success but rather a person of value. My personal approach and attention to detail with each client is crucial in today’s market. My proven track record of satisfied clients, friends and family have given me the opportunity to be a part of hundreds of closings in our Capital City. My experience is backed by nationally known Better Homes & Gardens as well as Masiello Group’s trusted name in the industry. The Masiello Groups’ local real estate services have been the New Hampshire real estate name for over 52 years.”
Leverage Roemer’s 20 years and five-star rating in helping you and your family start the next chapter of your life.