Retirement Real Estate

Retirement Real Estate

As older Australians close the chapter of their working lives, turning the page to the next chapter of their golden retirement years, their property needs may change. For some, they may not have encountered the need to buy or sell for a long time, whilst others may be looking for a very different type of property to spend their retirement in. Providing informed advice will be incredibly valuable to seniors, helping to ensure minimal stress during this transitionary period.

Suitability

Knowledge of what property would be suitable for seniors in your area will be important. Keep in mind demographics of certain locations or properties that provide access to facilities, including transport, shopping centres, places to socialise or health care services, which may rank highly on their priority list.

Avoiding assumptions

Whilst many seniors may be seeking a smaller, more manageable property, this may not be the case for all. Others may be seeking more space as they engage in new hobbies, or have more time to spend maintaining a thriving garden. Avoid making assumptions about what types of properties they may be looking for and where.

Sea-changes and tree-changes

The desire to make a bigger move may be a dream that can become a reality now retirement has arrived. The search for coastal or country properties is a common one, therefore extending the borders of what is offered outside city centres can be a valuable endeavour in the eyes of senior clients. You may even consider offering information about affiliated agents in areas that are further away to ensure they can fully contemplate their options.

Disclaimer: The opinions posted within this blog are those of the writer and do not necessarily reflect the views of CENTURY 21 Australia, others employed by CENTURY 21 Australia or the organisations with which the network is affiliated. The author takes full responsibility for his opinions and does not hold CENTURY 21 or any third party responsible for anything in the posted content. The author freely admits that his views may not be the same as those of his colleagues, or third parties associated with the CENTURY 21 Australia network.