Downsizing
This program has been designed to assist people with downsizing.
Suggested Guidelines:
Be clear on objectives – why are you downsizing?
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Put in writing
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Do this with your spouse or partner
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These are criteria to evaluate you move to determine if you are successful
Update financial plan
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Get income greater than expenses!
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Make tough decisions if required
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Use a professional financial planner
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Be realistic
Location selection
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Select and get excited about where you are going first.
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Plenty of resources available to evaluate alternative sites
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Be clear on objectives. They might include
- Near family
- Near hospitals
- Near work opportunities
- Weather
De-clutter and clean up home
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Sell things on e-Bay or through a tag sale
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Just DO IT! Rent a dumpster and clean put the house. Cost approximately $400.
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Hire a firm that specializes in selling family accumulations.
Type of living selection
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Single family in neighborhood
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Single family in managed community
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Condo stand-alone
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Condo in multi story building
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Old or new
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Determine what new location will cost to purchase and cost of living
Price home
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Use professional assistance who knows the market and how to maximize price
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Be realistic
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Ask three professionals and take the lowest estimate.=
How to get the most for your home
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Use a quality realtor early in the process. They know what people are looking, your competition and can make suggestions to help present your home in the best light.
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Sometimes it is a good idea to use a professional staging company.
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De-clutter, clean and bring maintenance up to a normal level.
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Decorate and renovate http://www.improvenet.com/
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Marketing
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Advertising
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Selling
Realtor selection, things to look for
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Team of specialists
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Staging your home for sale
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Pricing strategies
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Traditional real estate marketing, advertising and selling using best practices
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Uniques marketing practices, differentiatin.
- For example, we invite people to open houses
- We have several people at an open house to explain property functions and features.
- Presentation on Realtor.com and MLS
- Lots of great pictures
- Proactive Internet marketing
- Extensive network of prospective buyers and realtors
- The Realtor selected does what we say they are going to do
- The Realtor selected provides ongoing feed back to you about how the process is working
Realtor Agreement
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What they do
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What you do
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Marketing and Advertising plan
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Project management to sell your home
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Periodic evaluation and adjustments, as required
Move planning and execution
After the move to get adjusted
Call or email Steve Reilly for details
203-246-7372
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Stephen Reilly
Best Practice Real Estate ©
Comfortable Living in Westport Connecticut and Surrounding Towns
