Designations Create Distinctions: Next SRES® Course | October 30th & 31st

sres october

Has this been an amazing year or what?! I know that just like Buddy and I always do, many of our fellow agents set goals and create business plans early in the year… and then get pumped as the year ends and we see what we have accomplished. If earning your Senior Real Estate Specialist (SRES)® Designation has been on your list for 2019 – it is NOT too late! With 10,000 Baby Boomers turning 65 every day for the next 19 years… you can prepare for the present and future of real estate with this invaluable 2-day course.

SAVE THE DATE:

OCTOBER 30 & 31 • 8:30 AM – 5 PM (BOTH DAYS) @ SAMCAR

Perhaps you have seen my recent blog on ‘THE 3 BEST PRACTICES THAT EVERY SENIOR DESERVES’, and noticed that these are THE things that make a SRES® agent an unrivaled asset to any buyer or seller over the age of 50. But these are just 3 of the countless reasons why working with an SRES® agent is a tremendous benefit to clients, and why this distinction is a business game-changer for real estate sales associates and brokers.

The SRES® Course At A Glance

| Understanding generational demographics

| Discussing the myths and realities of aging

| Learning how Baby Boomers are changing retirement

| Reviewing marketing strategies

| Recognizing the implications of tax laws, probate and estate planning

Please save the date, sign-up today and tell a fellow agent who is just as dedicated to supporting seniors as YOU are! Can’t wait to see you all at the end of October!

Learn More & Sign-Up Today

***Visit this section of my blog for tons of exclusive content about the SRES® Designation, what the advantages are and why older adults need them for their parents!

All my best,

Bobbi

Bobbi Decker, SRES®, CIPS®
Broker Associate, Today Sotheby’s International Realty
Bobbi Decker & Associates
BRE 00607999
e. bobbi@bobbidecker.com
p. 650.346.5352
w. www.bobbidecker.com

Bobbi Decker & Associates fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/
EHO

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Monday Market Update: The State Of The Market In Our State

Exciting News

August is flying by and fall will be here before we know it! Before the holidays get underway, we decided it was time for a Golden State ‘State of the Market.’ The latest California housing market data accounts for home sales, prices and inventory in July 2019, and we have a feeling that some of the stats just may surprise you!

ca july 2019

Did you know that:

| Single-family homes ales reached their highest levels since April 2018, marking the first YEARLY gain in 15 months. (Home sales are down year-to-date 4.9% which is a not a surprising seasonal swing with end of summer and back to school upon us. Note that monthly, quarterly and annual sales figures vary greatly which is why we encourage people not to panic when numbers rise or drop in a short time. Markets are very fluid…)

| Pending sales surged to their highest levels in 2 years… that August report could be a game-changer!

| Home price gains are still occurring! Year-to-year, state median home prices have risen 2.8% to a $607,000. Furthermore, sales are up at all price points except the lowest (less than $299,000) and highest ($2,000,000) ranges of the market. Sales price-to-list ratio dipped just slightly to 99% (a 0.2% decrease month over month), once again a normal trend at end of peak season.

| With rates maximizing purchasing power and/or decreasing payment size, mortgage payments have hit their lowest levels in 33 months!

| As sales have increased, the overall inventory has dropped a bit to 3.2 months, from 3.3 months this same time last year. Supply has notably improved in homes listed in the $750K-999K range (+4.5%) and decreased significantly for homes priced $300K-499K (-7.8%) and less than $299K (-14.8%).

| Regionally, Bay Area inventory levels have decreased to 2.5 months. Remember, 5-6 months is a ‘balanced’ market.

| The state is seeing more price reductions, with 39.6% of listings seeing a median reduction amount of 4.2%.

So… what so you think?! Were you surprised that home sales are setting a 15-month record? Excited to see home price gains approaching normalcy? Wondering how all of this data impacts your short and long-term goals? Please do not hesitate to reach out with any questions, any time!

For the complete California Housing Market Update, please see the report in full from the California Association of Realtors (CAR®). Thank you CAR®!

All my best,

Bobbi

Bobbi Decker, SRES®, CIPS®
Broker Associate, Today Sotheby’s International Realty
Bobbi Decker & Associates
BRE 00607999
e. bobbi@bobbidecker.com
p. 650.346.5352
w. www.bobbidecker.com

Bobbi Decker & Associates fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/

EHO

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Senior Spotlight: New Approaches To Intergenerational Living

diversity

When you think of intergenerational living, chances are you think of multiple generations of one family living under one roof. But as urban lifestyles, co-living and affordable housing trends converge – the new models of intergenerational living move past familial ties that bind.

There are many scientific and practical benefits to mixing age groups, and it was the way that many families lived until relocation and distance separated generations hundreds and often thousands of miles apart. Developers are using new approaches to recreate the many benefits of multiple generations supporting one another – and these are just a few examples of how:

| High-profile college communities are now building retirement-targeted housing and enabling residents to attend courses (such as at Legacy Pointe, University of Central Florida).

| Mixed-use developments with senior living property, co-working space and a hotel in one center (such as Charter Senior Living, Huntsville, Alabama).

| College-based communities which offer housing for retired faculty, staff and even alumni.

| A European-based co-housing model in which residents of all ages help each other and share responsibilities among common facilities.

| Senior living neighborhoods with on-site preschools (in many master planned communities nationwide).

| Robust intergenerational programming opportunities such as: retirees and college students assembling backpack kits for nearby homeless youth, senior volunteer opportunities at local schools, etc.

As you can see, there seems to be a natural pairing of retirees and college students – two cohorts who have been traditionally ‘siloed’ by age. Yet both groups typically enjoy walkable urban environments, multicultural experiences and access to theater, arts and dining. In addition, the relationships built between youth and retirees supports an exchange of knowledge in different areas. Youth may be able to offer more technological support (like smartphone 101!) and guidance and even achieve gainful employment at the senior living community, while retirees may offer not only life and job experience, but tutoring in areas of mastery to younger students.

We encourage you to read more about program success, other projects in the works and the many benefits of multigenerational living in the original article which appeared on Real Estate Business Online, titled “Seniors Housing Developers Embrace Intergenerational Living Trends”, published July 19, 2019.

All my best,

Bobbi

Bobbi Decker, SRES®, CIPS®
Broker Associate, Today Sotheby’s International Realty
Bobbi Decker & Associates
BRE 00607999
e. bobbi@bobbidecker.com
p. 650.346.5352
w. www.bobbidecker.com

Bobbi Decker & Associates fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/

Posted in Living Longer, Living Better, Senior Spotlight | Leave a comment

Monday Market Update: Two Opportunities For Waterfront Living [Don’t Miss These]

Nothing creates an endless summer feel like waterfront living, and I am pleased to announce TWO ways you can achieve it! My current listings include 102 Harbor Seal Court and 1551 Shoal Drive. While these properties have waterfront locations and San Mateo zip codes in common… that is where the similarities end! Read about the distinct offerings of each property below and explore the virtual tours to see two amazing and unique ways that you can enjoy the comforts of a home that is truly your own.

102 Harbor Seal Court, San Mateo 94404

102-4

If you are seeking a turn-key 3BR/2.5BA townhome with 2,100 sq. ft. of luxury living in the highly-sought after Harbortown community… 102 Harbor Seal Court is a must-see! Truly like you’ve never seen before (first time to market!), this cherished residence features a private, gated front entry, soaring ceilings and expansive wall space for your art collection, two fireplaces (within both living room and master bedroom), a double vanity in the master suite, two additional bedrooms with full bath, convenient 2nd floor laundry room upstairs, plus several decks and waterfront patios (a true entertainer’s dream or relaxation seeker’s delight!). Ideal Silicon Valley location near commute corridors, parks, shopping and dining. Harbortown amenities include walking paths, 3 pools, sauna, spa, club house, community garden and sport court. Coming home is just like arriving at your own resort… see all the photos and the video tour HERE!

1551 Shoal Drive, San Mateo 94404

1551-1

If an unrivaled location with limitless opportunity is more your style, then 1551 Shoal Drive is an ideal blank slate. This one-of-a-kind property boasts an end-unit, cul-de-sac setting and is nearly encircled by the San Mateo lagoon. Situated across from a lush green park, this westerly facing residence welcomes phenomenal sunset views as well as the opportunity to dock your own powerboat or just relax and watch the water skiers sail by. The interior awaits your contractor’s keen eye and your own signature style… 1551 Shoal Drive is a true fixer upper, beckoning your brightest and best ideas to make this waterfront diamond in the rough your own. Features: 3 Bedrooms / 2.5 Baths / 1,820 +/- Sq. Ft. Home / Kitchen+Family Combo / Living Room / Master Suite / Low HOA Dues ($125). Explore the stunning location HERE!

A sincere thank you to everyone who stopped by to view these properties this weekend! If you missed out and would love to take a look, please reach out today: (650) 346-5352.

I cannot wait to show them to you! 

All my best,

Bobbi

Bobbi Decker, SRES®, CIPS®
Broker Associate, Today Sotheby’s International Realty
Bobbi Decker & Associates
BRE 00607999
e. bobbi@bobbidecker.com
p. 650.346.5352
w. www.bobbidecker.com

Bobbi Decker & Associates fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/
EHO

Bobbi Decker Hosts Real Estate Radio LIVE Every Friday From 3-4pm PST ON AM 1220 KDOW

Posted in Monday Market Updates, Unique Properties | Leave a comment

Senior Spotlight: Boundaries In Caregiving [Compassion Burnout]

community strong

Did you know that the average family caregiver is 49.2 years old? Couple that with the fact that 34% of caregivers are aged 65+ themselves, you can see that as many of us plan for our own senior years … we are also caring for a loved one in the depths of them. The resulting emotional stress often leads to ‘secondary trauma stress’ – also known as compassion burnout. It’s much like that age-old analogy where one has to put on their oxygen mask first before they can save the person next to them in an airplane crisis… but we all know that this task is far easier said than done.

In a recent article on Next Avenue, the self-proclaimed blackbelt people-pleaser, Tenzin Chogkyi, offers some advice on how to care for those in need without ignoring your own needs. She first advises us to understand that “compassion doesn’t mean doing whatever anybody wants you to do 24/7″; Chogkyi believes that “People can extend compassion to others without losing their own identity or an awareness of their own needs.” But…how?

She suggests establishing compassion boundaries that are not set in stone, but malleable guidelines for how we give that also enable us to create more sustainable relationships. The general practice is to “step up, speak out and set limits that allow us to give what we can” but in a manner that does not harm the caregiver nor their loved one.

Chogkyi offers workshops in San Francisco on this exact topic, along with communication psychologist Sunil Joseph. Joseph guides students through recognizing when people are really saying ‘yes’ when they want to say is ‘no’, and also acknowledging when we are overreacting because our own needs are not being met. Rather than ignoring one’s own needs, Joseph recommends conversations (as difficult as they may be) that express and define the need not being met – and then negotiating on what might move the relationship forward given that knowledge. Further examples and insights can be found in the complete article HERE on Next Avenue, titled “How to Avoid Compassion Burnout”.

While we all know that self-care feels like the buzzword of the century, the truth is that balance of care for oneself and those around you can create the highest form of health and happiness for everyone involved. If you find yourself caring for an aging loved one, please give yourself permission to assess if your needs are being met and what conversations need to be had to ensure you grant yourself the same compassion you so generously offer.

Resources & Related Articles

How to Avoid Compassion Burnout

Caregiver Statistics: Demographics

Caregiver Burnout

Caregiver Burnout 101: Causes, Signs, Prevention and Solution Tips

25 Organizations that Take Care of Caregivers

Taking Care of YOU: Self-Care for Family Caregivers

All my best,

Bobbi

Bobbi Decker, SRES®, CIPS®
Broker Associate, Today Sotheby’s International Realty
Bobbi Decker & Associates
BRE 00607999
e. bobbi@bobbidecker.com
p. 650.346.5352
w. www.bobbidecker.com

Bobbi Decker & Associates fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/

Posted in Living Longer, Living Better, Senior Spotlight | Leave a comment

Monday Market Update: [Reality Check] Millennials ARE Buying Homes

Student loan and high rents may be slowing millennials from buying homes at the same age as older generations – but it is NOT stopping them. As you see from the infographic below, millennials were the largest share of homebuyers in 2018 out of all other generations for the 5th consecutive year!

Motivated-hi-res

Forbes has also recently reiterated the notion that millennial home buyers are an active, motivated and driving market force, especially as they approach certain life milestones. “The Millennial homeowner is not some one-in-a-billion, mythical unicorn. Under the right social and economic conditions, today’s twenty- and thirty-somethings are buying, particularly as they get married and start families.” (Forbes, July 2019)

The Chase Media Center has also dedicated a significant amount of time and research into understanding what, when and how millennials buy homes. Amy Bonitatibus, Chief Marketing and Communications Officer for Chase Home Lending, has stated that “Millennials are hyper-focused on their personal path to homeownership. Both mature and modern, they understand that this is a momentous decision, and are completely committed to making it a reality. And despite common misconceptions, they’re planning ahead, making smart financial decisions and willing to adjust their current lifestyle to make homeownership possible.”

Does this mean that achieving home ownership is easy? Does this mean there is no generation gap in home ownership rates? Absolutely not. However, it is supportive of the fact that millennials are a driving force in the housing market as the largest share of buyers. These studies are also an important reminder to avoid generalizations that the media often portrays such as depicting that certain entire generations are uninterested in home ownership or that they all have other purchasing goals that precede home.

We encourage you to explore this subject further in the following resources, and also be sure to work with an active trusted agent who understand millennial home buying trends (as they could be the buyer for YOUR home!).

Motivated Millennials

Yes, Millennials Really Are Buying Homes. Here’s How.

New Chase Study Finds That the Majority of First-time Millennial Homebuyers Feel Financially Ready, Excited to Purchase a Home

What Millennial and Baby Boomer Homebuyers Disagree on Most

All my best,

Bobbi

Bobbi Decker, SRES®, CIPS®
Broker Associate, Today Sotheby’s International Realty
Bobbi Decker & Associates
BRE 00607999
e. bobbi@bobbidecker.com
p. 650.346.5352
w. www.bobbidecker.com

Bobbi Decker & Associates fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/

Posted in Monday Market Updates | Leave a comment

Senior Spotlight: In The News For August

august

A new month is here! And while August may mean back-to-school for the younger set… there are some of us who don’t have to worry about that! So here are a few hot topics hot off-the-press that we think you will appreciate as the hot days hammer on…

MILESTONE CELEBRITY BIRTHDAYS

This is a fun one! Did you know that Marcia Gay Harden, Magic Johnson, Matthew Perry, Shelley Long and Richard Gere are among the big stars who are facing BIG birthdays this month?! That’s right… check out this read in AARP to see who is having a milestone birthday and what that magic number is.

TIME TO TALK TEETH

Most people do not know this – but they probably should: the American Academy of Implant Dentistry (AAID) has designated August as Dental Implant Month. This is an especially important area of discussion for seniors who are likely to have increased dental health needs due to mouth changes associated with aging. Ironically, older adults are the most likely to need implants but the least likely to have dental insurance and benefits that other populations may have. Read more HERE.

IMMUNIZATION INSIGHTS

We often think of vaccinations as something that is of concern to kids, however, vaccines can be especially important for older adults too. In honor of August serving as National Immunization Awareness Month, we wanted to provide access to a few resources that can help you engage in conversations with your medical professional(s) about your health risk and what vaccines may be of benefit to you. The National Public Health Information Coalition offers an online, adult vaccine assessment HERE; the CDC also features a list of recommended vaccines for adults aged 50 and over and adults with health conditions HERE.

MAKING YOUR VOICE HEARD

While we do not talk politics on our blog (phew!), we know that political discussions are heating up around the nation as the 2020 Election approaches. Next Avenue (‘Where Grown Ups Keep Growing: Part of the PBS System’) has just published survey results of their readers (aged 50+) when asked which election issues matter most to them. Read more HERE to see if these topics are top of mind to you… or consider if they should be in the month to come as media coverage continues in these areas.

Cheers to a new month with new dreams, new memories made and new friends too,

Bobbi

Bobbi Decker, SRES®, CIPS®
Broker Associate, Today Sotheby’s International Realty
Bobbi Decker & Associates
BRE 00607999
e. bobbi@bobbidecker.com
p. 650.346.5352
w. www.bobbidecker.com

Bobbi Decker & Associates fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/
EHO

Posted in Living Longer, Living Better, Senior Spotlight | Leave a comment

Standing With Our Neighbors & Friends: #GilroyStrong (How To Help & Resources)

gilroy2

You have no doubt heard that our friends and neighbors in the South Bay have endured a tragic, senseless and unimaginable act of violence. We are taking time away from our usual Monday Market Update to instead share ways to support those impacted, to thank our first responders and to pass along resources that may help our youth cope with what is challenging for even an adult to process. If you know of additional ways to help, please email bobbi@bobbidecker.com and we will be sure to share the information with our network.

HOW TO HELP (Gilroy Foundation)

In partnership with the Gilroy Foundation, Silicon Valley Community Foundation has established a charitable fund to provide relief to victims of the terrible shooting that occurred July 28, 2019, at the Gilroy Garlic Festival.

Three festival goers, a 6-year-old boy, a 13-year-old girl and a man in his 20’s were killed and about 15 others were injured in the violent attack.

The funds collected will be distributed by Gilroy Foundation to victims and to local nonprofit organizations that provide effective relief to those affected. SVCF has contributed an initial $10,000 to the fund.

Learn More & Donate Here: http://www.gilroyfoundation.org

 

RESOURCES

Children’s Book: ‘Breaking News’

Recommended by the Bay Area’s Sacred Heart Community Services, ‘The Breaking News’ by Sarah Lynne Reul touches on themes of community, resilience, and optimism with an authenticity that will resonate with readers young and old. With a theme of post-tragedy response, this highly-rated book offers a child-centric perspective and is an ideal resource for parents and teachers alike.

See it on Amazon: https://www.amazon.com/Breaking-News-Sarah-Lynne-Reul/dp/1250153565

 

Nationally Renowned Article: ‘Talking To Your Children About Violence’

This article, just republished on the Gilroy Unified School District website, offers tip for parents and teachers from the National Association of School Psychologists. The information includes 7 tips as well as suggested points to emphasize when speaking with youth about high profile acts of violence.

Read the article on Gilroy Unified: https://www.gilroyunified.org/parentstudent-resources/emergency-preparedness/talking-to-children-about-violence

 

Active Shooter Resources: From The FBI

This overview offers insights into what the FBI jurisdiction is for active shooters, how it changed after Sandy Hook, what the ALERRT protocols are and more. You can also view a video (made for adults) on surviving an active shooter event.

See the overview here: https://www.fbi.gov/about/partnerships/office-of-partner-engagement/active-shooter-resources

 

Support Groups: FREE Through DreamPower Horsemanship

FREE Support Groups for anyone affected by the Garlic Festival shootings will be offered every day this week at DreamPower Horsemanship. Message DreamPower Horsemanship on Facebook or email dphgilroy@gmail.com to sign up. Children and adults are welcome. Groups are available in English and Spanish (check the schedule for language availability). Groups will be led by licensed and prelicensed psychotherapists at DreamPower Horsemanship (7460 Crews Road, Gilroy).

Follow DreamPower on Facebook: https://www.facebook.com/DreamPowerHorsemanship/

 

Family Assistance Center: Services At Rucker Elementary 

The Santa Clara County DA’s Office’s Victim Services Unit, the American Red Cross and the County’s Behavioral Health Services will open a Family Assistance Center starting at 5:00 p.m. today at Rucker Elementary School in Gilroy to assist those people affected by the shootings at the Gilroy Garlic Festival.

Services Provided:

  • Grief counseling and emotional support
  • Assistance filing claims for state funds for payment of medical bills, counseling bills, and other assistance for victims and their families
  • Referrals to agencies and providers for medical, counseling, and other services

Free childcare will be provided on site.

Where: Rucker Elementary School
325 Santa Clara Ave.
Gilroy, CA 95020

Hours:

  • Monday 7/29/19: 5:00 p.m. to 10:00 p.m.
  • Tuesday 7/30/19: 9:00 a.m. to 10:00 p.m.
  • Wednesday 7/31/19: 9:00 a.m. to 10:00 p.m.
  • Thursday 8/1/19: 9:00 a.m. to 10:00 p.m.
  • Friday 8/2/19: 9:00 a.m. to 10:00 p.m.
  • Future Dates and Times: To Be Determined

For information, please call The Family Assistance Center at (408) 209-8356.

Here at the Bobbi Decker Real Estate Team, we would like to sincerely acknowledge the efforts of the Gilroy Police Department, whose prompt response is more than commendable. We would also like to thank the numerous local and national agencies who have provided support to the South County in the aftermath of this devastating ordeal. Furthermore, we offer only our deepest condolences and heartfelt sympathies to those whom lost loved ones in the attack.

May we all support one another,

Bobbi

Bobbi Decker, SRES®, CIPS®
Broker Associate, Today Sotheby’s International Realty
Bobbi Decker & Associates
BRE 00607999
e. bobbi@bobbidecker.com
p. 650.346.5352
w. www.bobbidecker.com

Bobbi Decker & Associates fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/

Posted in Designations Create Distinctions, Monday Market Updates | Leave a comment

Monday Market Update: Closing Rates Rock

excitement

Just last week, Ellie Mae’s Origination Insight Report revealed that June home loan closings reached their highest levels in 8 years (since the data collection began!). 76.8% of all loans closed in June, compared to 75.6% the previous month. In addition, closing rates on purchase loans neared 79%, while refinance closing rates hovered just over 73%.

Jonathan Corr, President and CEO of Ellie Mae, stated that “As the 30-year note rate continues to decline, we are seeing robust purchase and refinance activity.” Borrowers will also be happy to hear that despite heavy summer activity, closed loan times still remained well below the industry average.

On a statewide level, California median home prices set a new high again in June to $611,420. Home prices continued to inch up, but at a slower pace than the previous 3 months. California condo/townhome prices reached their highest levels since last July, while the overall price per square foot remained unchanged from last month and inched up to $292/sq. ft. (+0.7%) from last year. Statewide inventory increased to 3.4 months , and 3.6 months in the Bay Area (still below a balanced market of 5-7 months).

Hopefully that is a helpful glimpse of some of the national and statewide market trends that we are seeing! Since real estate is hyper-local, we encourage you to chat with a trusted, active and integrity-driven real estate agent to learn more about the activity and data that applies most to your local community and micro-market. Please let us know if WE can help!

RESOURCES USED:

June Closing Rates Highest in 8 Years

CAR® Current Sales & Price Statistics

All our best,

Bobbi & Team

Bobbi Decker, SRES®, CIPS®
Broker Associate, Today Sotheby’s International Realty
Bobbi Decker & Associates
BRE 00607999
e. bobbi@bobbidecker.com
p. 650.346.5352
w. www.bobbidecker.com

Bobbi Decker & Associates fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/
 

Posted in Monday Market Updates | Leave a comment

Senior Spotlight: The 3 Best Practices That Every Senior Deserves

Ethics

Solid, Ethical Practices: What Every Senior Deserves 

I have always believed that every chapter of life has something beautiful to offer, but have  long been fascinated with the part of one’s life story that emerges at age 50 and beyond. One of the very first designations I ever earned was the Senior Real Estate Specialist Designation (SRES)®. As my passion for meeting and exceeding the expectations of older adults grew, so did my business! I am now proud to share that over 50% of my services are dedicated to senior clients every year. In addition, I enthusiastically support other agents who share this dedication by teaching the 2-day SRES® Designation course several times per year up and down the West Coast. In both my own work with seniors and the guidance that I provide to my students, I prioritize and uphold 3 best practices that I want to share with YOU in this week’s Senior Spotlight.

THE 3 BEST PRACTICES THAT EVERY SENIOR DESERVES

#1: The move is NOT about the sale. Every Senior Real Estate Specialist® I know is dedicated to this principle as much as I am. It is absolutely imperative not to sell the senior’s home until all avenues are explored, a plan is in place and a timetable for the move is set. No one should ever be rushed to list their home until their best interests are accounted for in full.

#2: Knowledge of the Reverse Mortgage For Purchase and the Reverse Mortgage utilized for Divorce Settlement is invaluable. Every senior has a right to know the complete realm of possibilities before making a decision. I am always devastated when I learn that a homeowner has not been educated on their options in full – and the situations in which I see this the most is the reverse mortgage purchase and the need for cash-out for a spouse upon divorce. The Pew Research Center reports that divorce rates for America’s 50+ population have roughly doubled since the 1990’s, making this a necessary and relevant topic of conversation.

#3: There should be a concierge team of vendors at the seller’s service, recommended by the SRES®. A transition from a lifelong home and lifelong book of memories is never an easy one. But the process can and should be managed with complete access to trusted referral sources including but not limited to: reverse mortgage lenders, move managers & professional organizers, tax and financial professionals/advisors and vetted movers. This team can and should help with any part of the process that the seller desires – such as de-cluttering, preparing a home for staging, managing donations and auction items and more. SRES® agents are fully trained and committed to providing an unrivaled network of contacts that they would trust to move their own loved ones.

Did any of these best practices surprise you? If they were new to you – they may also be unknown to someone you know and care about! Please be sure to share this information with anyone you know aged 50 and over. Even if they do not need assistance today, they have every right to know what they deserve and can expect in the future.

All my best,
Bobbi

Bobbi Decker, SRES®, CIPS®
Broker Associate, Today Sotheby’s International Realty
Bobbi Decker & Associates
BRE 00607999
e. bobbi@bobbidecker.com
p. 650.346.5352
w. www.bobbidecker.com

Bobbi Decker & Associates fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/
EHO

Posted in Living Longer, Living Better, Senior Spotlight | Leave a comment