In Today's Real Estate Marketing, Is now the time to sell your home to move into an assisted living?
Due to the low mortgage rates and demand from remote workers needing additional space, the real estate market is booming! If you’ve been debating whether or not to sell your home and relocate to assisted living, the time may be now.
What's Happening Now in the Real Estate Market
We are currently in the midst of a real estate boom due to high demand and inventory shortage. Interestingly, because of the pandemic, people have increased flexibility. Companies discovered that when their employees were working remotely, there was an increase in productivity and efficiency. This has changed the mindset of most employers, opening up the possibility for workers to work remotely.
While there are numerous buyers in the market, there are insufficient sellers to meet demand. This means that home showings frequently attract a long line of potential buyers, and sellers receive high-ball offers to beat the competition.
What’s the bottom line? It’s a seller’s market, which means that if you have a house to sell, now is the time to list it or, at the very least, initiate the listing process.
The proceeds from the sale of your home will instill confidence in you as you transition to an assisted living community like Silver Palms. The majority of older adults and their families are pleasantly surprised to discover that assisted living fits comfortably within their fixed budget and financial goals.
Steps to Take Before Selling Your Home in today’s real estate market
To ensure that you receive the highest possible price for your home, take the time to make budget-friendly improvements that will increase its value or entice buyers. Refresh your outdoor landscaping and make any necessary repairs that may deter buyers.
Additionally, consider collaborating with your real estate agent or a professional home stager to maximize the appearance of your home. Eliminating clutter and downsizing your belongings improves home staging and provides a head start on future packing.
Once your home is ready to sell, collaborate closely with your real estate agent to establish a reasonable market price.
Your House Has Sold – What’s Next
After you’ve sold your home, it’s time to decide on the assisted living facility that best meets your current and future needs. Silver Palms Assisted Living has activities designed to help you achieve your retirement goals with amenities, services, and resources to promote wellness, independence, and socialization
Establish a move-in date and plan for a seamless transition. Additionally, now is an excellent time to begin enjoying your future community by attending meals or events to meet your new neighbors