Selling Mum and Dad’s Home

Eriks Draiska
Published on November 5, 2018

Selling Mum and Dad’s Home

One of life’s most challenging aspects is watching our parents age. Then comes the day when you, and they, realize they’ve lost their physical independence.

Whether they are downsizing into a smaller, less maintenance-intensive home or are moving in with you or to a care home, giving up a long-loved home is wrenching.

Thankfully, they have you and you have us and we have tips to help your parent or parents — and you — through this tough time.

You may be required to use the proceeds of the sale to pay for your parents’ care if they will be moving to an assisted living facility or long-term care facility.

Line up some labour

Cleaning out a family home is a huge job so don’t try to tackle this alone. If you have siblings, enlist their help. In fact, insist on it.

Not only will you need their muscle but having family around may help ease your parents’ transition as well.

Otherwise, hire some help. Visit the neighbors to let them know what’s happening and ask for a referral to local manual laborers. Who knows? They may volunteer to help.

Hire a real estate agent

It may seem that it’s too early in the process to hire a listing agent, but we disagree, and here’s why.

Your agent should see the home before you start moving things out of it. Advice on what to leave for staging purposes is invaluable.

Ask for tips on whether to paint, replace carpet and other updates that will make the home more attractive to potential buyers.

Your agent will also be able to refer you to an estate sale company (if needed to help get rid of belongings), cleaners, painters and more.

Hiring an agent early in the process also allows Mom and Dad to get to know the agent and feel more comfortable about the sale process.

Here are 5 Tips to Downsizing which will help.

Move first or sell first

Some agents suggest it’s important for the homeowner not to be present during buyer showings, they will counsel you to move your parents before putting the home on the market or they suggest you need to come up with another solution. Such as they stay with you or a sibling until the home sells.

Clearly, this is not practical as in most cases they will need the equity from the current home to move.

Another consideration, of course, is that having an empty home puts extra pressure on them and you to get sold fast.

Purchasers usually like to see how furniture and appliances fit into the floorplan of the home.

Preparing the home is very important here as buyers do not want to see a lifetime of clutter impeding their perception of the home itself.

It’s time to purge

Purging a lifetime of belongings (and memories) will be the most challenging aspect of downsizing for your parents. What to keep, what to get rid, of will be decisions not easily made.

“ … the problem isn’t denial, but rather, the extraordinary difficulty associated with giving up items that are so closely linked to their identities, their past and their memories,” claims Sarah J. Stevenson at APlaceforMom.com.

It’s not really the items, it’s the memories attached to them

One way to ease your parents’ reluctance is to promise them that you will photograph everything they decide to get rid of and place the photos in a lovely scrapbook that they can take with them to their new home.

Or, if they prefer, you can video their cherished-but-leaving items. This way, they’ll still be able to refresh those memories.

Still, unless the parent is suffering from dementia, it’s important to allow him or her to take the lead in the purge. Yes, it will be slow-going, but it’s important that, in the future, they don’t look back and feel they were railroaded into getting rid of certain items.

Gather family members together to go through your parents’ purge pile. As one elderly woman in an online forum stated, “It is SO much better to know cherished family things will continue on.”

Have conversations with Mum and Dad about these items and the stories behind them. This helps ease her anxiety and lets her know that the memories associated with the items will live on.

Got questions, comments or feedback? Email [email protected]

To find out more, you’re welcome to call 08 83961100 to arrange a chat with people that care.
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Like most things in life, these are recommendations only. It is not legal advice, it may or may not suit your own circumstances and you may need to make your own additional enquiries.
Regards Eriks & Team 
Plaza Real Estate 

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