It can be a difficult process for families when the time comes to sell your aging parents’ home and transition them to a new living situation. If there are several family members involved in this process, there will likely be varied opinions and this may lead to family conflict.
Some realtors are particularly attuned to these challenges and can offer some advice to help pave the way for a smoother transition.
“When I meet with a family to discuss listing their parents’ home, I first ask to have a discussion with all relevant family members present, so I can get a sense for who is invested and what their feelings and expectations are,” says Bonnie Wilke, a 25-year CIR realtor. “This tends to mitigate the chances of misunderstandings and heartaches later.”
Bonnie encourages families to engage in a process that unfolds something like this:
As most people who have been through this know, physical health factors, emotions and expectations are some of the biggest factor to consider in this important change in life. Ensuring your parents’ wishes are met and their dignity is respected is paramount. Where possible, it is helpful if families can set aside any differences of opinion and formulate a plan that places their parents’ wellbeing at the centre of all decisions.
For further discussion and next steps, tune into the next blog: Part two: Downsizing and Preparing the House for Sale
Pat Fream is a wife, mother and 30-year writer with extensive experience in the human services industry. In all avenues of life, Pat seeks opportunities to hear and tell stories and finds joy in the magic of connecting people with shared experiences. An impassioned fan of seniors, Pat draws wisdom and inspiration from her aging parents and their friends, many of whom are living well in vibrant senior communities.