Downsizing 101: First Steps
Less Stress = More Success
- Begin to Clean Out. If you have the time - take your time so the process isn't so overwhelming. Give your stuff a hard look and triage into 4 categories: keep, give away to family or friends, donate and trash.
- Start to Collect Important Documents. If you're an organized person, most of these things will be in one or two places already. If you're not, this could turn into a chore. [For a checklist of important documents, see below]
- Discuss Goals. Think about where you want to move and start doing some research on the location and housing options. This doesn't mean you need to make a commitment, but an informed decision will help you make a good decision.
- Prepare Your Current Home for the Market. Speak with a real estate agent who is a senior real estate specialist (SRES). They are educated in the market and can help you to determine what needs to be done to get your home ready to sell. Most work exclusively with people 55+, have resources to help in the transition and are aware of the various senior living options. Generally speaking, most agents who hold the SRES designation are already prepared and aware that a transition, especially from a long-term family home, will take time, patience and sometimes special care. I am a realtor with the SRES designation and if you don't have someone you are comfortable speaking with, please reach out to me. While I wrote this paragraph, I also live it and would be happy to share no-obligation advice and my knowledge in this specialized transition process. Visit margieyohn.com for more information about me and my real estate practice.
- Set a Realistic Timeline. If you have a large property and a lot of stuff, try not to stress yourself with a short timeline. Sometimes, where you are moving to will help determine the timeline.
- YES, I want to be organized for downsizing - send me the list of 'Important Documents' today!