Should we stay or go from our long time homes? We know what we know and we fear uncertainty. Take some time and assess what truly makes you happy. None of us want to lose our independence and ability to sculpt our future. All of you want to design your remaining years to meet your wants and needs. Too often we procrastinate and put off changes that we know would lead to a happier more fulfilling life.Read More
Bruce's Team Blog:
Bruce shares his advise and experience on the Milwaukee-area Real Estate Market, Senior Living Real Estate options, families helping senior parents downsize and much more!
I have written two books on the subject of older adults transitioning from their long-time home to a senior community or apartment. My experience came solely from my clients over the years. I observed patterns of behavior as well as obstacles to be overcome. I designed my business team to serve the families that I was honored to assist through their transition.
Enter my mother. A few months ago, my mother who is 91 had a minor stroke but fortunately retained all of her physical health except for balance issues. This was a warning sign which changed mom’s outlook for the future. She lived alone in a condominium. My father had passed 10 years ago. They were married for 61 years and living alone was tough at first but as we all must do she changed her outlook and became independent. The plan was to spend the rest of her life in the home she shared with my father. You can make your plans in life but you can’t plan the results!
After this health incident, her confidence was shaken and living alone became a challenge. Her major worry was that a fall could end her independence. She decided to move to my sister’s home and then decide what to do. After a few months living with 3 dogs, grandchildren and limited living space, she decided it was time to look at an alternative. She didn’t want to be a burden to my sister (my sister would have loved her to stay).
Like many of you out there, this story may sound quite familiar. If you are a baby boomer you have most likely dealt with a similar situation. If you haven’t you most likely will. For you the older adult, you know how truly daunting a move can be and many of you will do all you can to put off that move to a new lifestyle. Like my mom, many of you are able to navigate your home but isolation and a home that no longer works for you can cause havoc and in many cases sadness or even depression.
At first my mother was apprehensive and somewhat upset. A combination of anger, loss, and fear began to overwhelm her. My experience taught me one important lesson. The best antidote to fear is knowledge and information. I asked my mom if she would join me for dinner at Laurel Oakes, a senior community in Glendale that I thought would be perfect for her. She agreed. I asked my siblings in town to join us for this important meal.
We were put at a guest table and treated with kindness and warmth by all who worked at this senior community. Three different women came up to my mother and introduced themselves. They all assured her that their table was open for her to join them when and if she decided to move there. I could see a change in mom’s demeanor and her fear became a sort of quiet joy. I watched her as she looked around at the activity and humanity surrounding our table. After the meal we toured an apartment and once again there was that glimmer of hope for the future.
A few weeks later I received a phone call from mom saying she wanted to go back and take one more look at the apartment. We stopped out there and met with the marketing director who was so kind and understanding. In the apartment we went, and walked out with a signed lease! I was shocked that my mom pulled the trigger that quickly. There was a sense of peace and acceptance from mom. I could see that having one foot at my sister’s home and one foot in her condo took a toll on her. Now that pressure was lifted!
We then used my partner’s services to make her move as easy as possible. Our moving date was May 1st. I needed to sell her condo which involved downsizing and staging. My wife and siblings stopped out to see which items would go to which family members and then what furniture would fit in her new apartment. We accomplished this in one weekend.
Then the move was planned. The packing and sorting company came on the morning of May 1st and moved her in the afternoon of the same day! They even put up pictures and knickknacks so she would immediately feel like it was her home.
The next week we had the movers deliver all of the items left in her condo to family members and the rest was taken to charity. Now her condo was totally empty. Next came the painter, using colors that my stager chose to please the typical buyer for this type of condo. After that we installed new carpeting and kitchen flooring. Next came my stager and she brought some furniture to make it shine. A vacant property shows poorly and drastically affects the value in a negative way, so using my own advice I followed the same plan I have suggested to so many clients in the past.
The rest is history. The condo is going on the market as we speak, and I’m confident it will sell in a week or two as do almost all staged properties priced competitively.
I wanted to share my own family’s story with you because this is such a difficult time for our parents. So often we don’t know where to start and what to do when mom or dad’s long-time home is no longer an option. I hope my story will give you the information you need to help your loved one when the time comes. By using the many services available and gaining the information you will need you can make an overwhelming move become reality in a relatively short period of time. I can tell you that my partners made my mother’s transition a smooth and easy move and without them I don’t know how we would have done it!
The Spring 2017 Market is like nothing I have ever seen before. The millennial home buyers are ready to purchase, and there is a low inventory of homes for sale! This blog post provides a market update for those looking to sell in this Spring market. I also give an overview of what you should fix or update that will appeal to this market's buyers. Specific updates can bring top dollar when selling this Spring.Read More
Contemplating a move? In this post, Bruce discusses how important it is to understand why seniors or boomers may want to move from their long-time home. He breaks down certain factors that influence if moving or staying is really right for you.
Yes, it may be time to move, however if you are unsure about your reason for changing your address, you may find yourself making the wrong decision and then be faced with another move.Read More
Bruce sits down with Money Sense radio and answers many topical questions regarding the current real estate market in Milwaukee and guidance for seniors or baby boomers who might be looking to downsize or are in a transition phase with their living situation.Read More
In this article I break down my knowledge of the housing market and advice for baby boomers on selling their homes. The best strategy is to look to the past to help create your future in the most advantageous way possible. There are two factors that will play into housing values as we move into 2017 and beyond; inventory and interest rates (inflation). My advice in this article is directed to boomers. We as 55-70 year old boomers should have a different strategy from our younger counter parts. So many clients have waited too long and then made their move under duress or circumstances never planned for, such as health changes. We want to be in charge of our lifestyle rather than waiting for other issues to decide for us.Read More
Tune in to the Sunday Sip, on Wisconsin's Weekend Morning News, as my wife Jeanne and I share our 35 years of experience of helping over 3000 seniors and their families sell their homes... and learn to make an easy and smart to move in the right direction for you. Our interviews will be airing on SUNDAY MARCH 12th & SUNDAY APRIL 9th both run at 9:20am. -Bruce Nemovitz, WI Senior Real Estate SpecialistRead More
In this blog post Bruce discusses how taking small steps can lead to a successful move for seniors looking to downsize or move. For those who are thinking about moving from their longtime home, but aren't sure what the best steps are or even where to start, Bruce advises to break down plans into segments. This blog post will help you get a start and keep you from feeling overwhelmed when planning your next home move.Read More
Experience has shown me that listening to experts and taking emotion out of decision making is our best chance for making the right decision for any given situation. I have been a full-time Realtor in the 4-County Milwaukee-Metro market for over 35 years which gives me a better vantage point looking ahead into the health of our local real estate market. In this blog post I explore my predictions for the 2017 real estate market, and why I believe it will be a seller's market.Read More
The 2017 real estate market is drawing near. This blog post outlines my predictions of the 2017 real estate market based on current and past trends in the industry. 2017 could be the best time for those thinking about downsizing or selling their long time home. Instead of waiting for crisis or chaos to force you into a home sale, my advice would be to plan a move when the market is right, and you have the ability to plan your next step.Read More
The first steps to selling your home:
In any market, selling a home is an intricate and often times emotional process. However, with careful planning and the right lineup of experts on your side, you can progress methodically and confidently through the many stages of selling your home in a way that honors your timeframe and financial goals. Read on for a basic road map of what you can expect when making this important transition.Read More