LISTING YOUR HOME FOR

Retirement

For many retirees, it’s the beginning of more traveling or spending more time with the kids and grandkids, which also means selling your home for retirement.

Selling Your Home for Retirement

Ah, after working the past 40+ years of your adult life you can finally see it – retirement!  Yes, perhaps it’s coming soon, or you have already retired and now a new stage in your life begins.  For many retirees, it’s the beginning of more traveling or spending more time with the kids and grandkids, which also means selling your home for retirement.

Retirement & Real EstateIf you are selling your home for retirement here are a few things to consider helping to make the process easier and decide on the best strategy moving forward:

Plans After Retirement

Before selling your home, it is best to know what you are going to do and where you are going to go after your house sells.  Will you be downsizing to a smaller home in the same community or selling everything and hitting the road in the RV?  Maybe you just plan to travel for a year, so you’ll need a storage unit for all your belongings.  Having a plan before selling your home for retirement will ease much of the stress and help budget your income from the sale of your home.

Equity

Do you have equity in your home?  During the recession of 2008-2009, many homeowners found themselves “upside-down” in their homes, or with negative equity, meaning they owed more on their home than they could sell it for.  The last several years, however, home values have been on the rise and homeowners are building their equity again.  It is recommended that you have enough equity in your home to pay off the current mortgage, related fees, and taxes, and have enough left over to give a 20% down payment on your next property.

Emotionally Ready

If you have lived in your house for any length of time, selling your home can be a very emotional process, especially if you have raised your family in it.  You need to be prepared to get your house ready to show to potential buyers.  It is best to declutter as much as possible removing any knick-knacks on shelves, photo’s off the wall, even paint over the growth chart of your kids next to the kitchen door.  As was mentioned, this can be an emotional time and It may be best to get professionals to come in and stage the home for you.

Using a REALTOR®

Your real estate market is unique, so it is best to consult with a professional real estate agent about the sale price of your home. A knowledgeable REALTOR® will go to work for you, using market analysis reports, neighborhood comparisons, and recently sold home pricing, being able to share with you what they know is top value for your home.  Going off generic internet generated reports are often misleading and can lead to false expectations.

Using a REALTOR® also includes benefits of giving you advice about updates or repairs that will make your home more attractive to potential buyers.  They market your home so that it receives as much exposure as possible.  And they schedule home showings and handle all the required paperwork.

After the Sale

After selling your home for retirement the road is yours!  Whatever it was that you had planned to do before selling your home you now get to pursue without the burden of having a large home to care for.  Enjoy this new stage in your life and may it bring you much joy, adventure, special moments and memories.

Ah, after working the past 40+ years of your adult life you can finally see it – retirement!  Yes, perhaps it’s coming soon, or you have already retired and now a new stage in your life begins.  For many retirees, it’s the beginning of more traveling or spending more time with the kids and grandkids, which also means selling your home for retirement.

Retirement & Real EstateIf you are selling your home for retirement here are a few things to consider helping to make the process easier and decide on the best strategy moving forward:

Plans After Retirement

Before selling your home, it is best to know what you are going to do and where you are going to go after your house sells.  Will you be downsizing to a smaller home in the same community or selling everything and hitting the road in the RV?  Maybe you just plan to travel for a year, so you’ll need a storage unit for all your belongings.  Having a plan before selling your home for retirement will ease much of the stress and help budget your income from the sale of your home.

Equity

Do you have equity in your home?  During the recession of 2008-2009, many homeowners found themselves “upside-down” in their homes, or with negative equity, meaning they owed more on their home than they could sell it for.  The last several years, however, home values have been on the rise and homeowners are building their equity again.  It is recommended that you have enough equity in your home to pay off the current mortgage, related fees, and taxes, and have enough left over to give a 20% down payment on your next property.

Emotionally Ready

If you have lived in your house for any length of time, selling your home can be a very emotional process, especially if you have raised your family in it.  You need to be prepared to get your house ready to show to potential buyers.  It is best to declutter as much as possible removing any knick-knacks on shelves, photo’s off the wall, even paint over the growth chart of your kids next to the kitchen door.  As was mentioned, this can be an emotional time and It may be best to get professionals to come in and stage the home for you.

Using a REALTOR®

Your real estate market is unique, so it is best to consult with a professional real estate agent about the sale price of your home. A knowledgeable REALTOR® will go to work for you, using market analysis reports, neighborhood comparisons, and recently sold home pricing, being able to share with you what they know is top value for your home.  Going off generic internet generated reports are often misleading and can lead to false expectations.

Using a REALTOR® also includes benefits of giving you advice about updates or repairs that will make your home more attractive to potential buyers.  They market your home so that it receives as much exposure as possible.  And they schedule home showings and handle all the required paperwork.

After the Sale

After selling your home for retirement the road is yours!  Whatever it was that you had planned to do before selling your home you now get to pursue without the burden of having a large home to care for.  Enjoy this new stage in your life and may it bring you much joy, adventure, special moments and memories.

We’re Here to Help.
Let’s Discuss Your Options.

Step 1 of 2

  • We would love to answer your questions.

Ready to learn more? I’m here to help!

Let's talk. You have questions about the area—let me find you the answer.
Greg Davis

Greg Davis

Designated Broker/Owner, CRS, GRI, 5 Star REO Certified, RES.NET Certified, Equator Platinum REO Certified

(208) 250-0132

todaysbroker@gmail.com

With over 18 years of experience, Greg Davis is the Treasure Valley’s “Go to” agent and a consistent leader with a reputation for tenaciously protecting his clients’ interest.  Savvy negotiations and cutting-edge marketing strategies join uncompromising integrity as the hallmarks of Greg’s service.   Greg is exceptionally well-respected in Boise, not only for his unparalleled professional track record and being an honest, hard-working family man who does absolutely everything in his power to ensure his client’s success.

In addition to real estate, Greg loves people!  His passion for building relationships and delivering stellar service to his clients are his top two priorities.  His motto, “Honesty Before Advantage” makes every transaction a “Win Win” for all parties involved.

Beyond his love for real estate, Greg is also a dedicated family man.  He loves to travel with his family and has been to Disney World more times than a grown man should be willing to admit.  Greg has also served on short-term mission trips to Indonesia, Haiti and Ecuador with Mission Aviation Fellowship.

Thanks to his exceptionally loyal clientele, personal referrals and repeat business are the foundation of Greg’s career.  To ensure efficient, complete service for you, Greg’s associates have been carefully selected from the very finest contractors in the business to form a close-knit “family” offering seamless assistance for every aspect of your home purchase or sale.

Please call Greg anytime without obligation.  He is ready to work for you today!

Experience

  • 1994 -2000 worked in sales at a startup software company. In 2000, the company sold for millions of dollars.
  • 2001 became an Idaho Realtor while waiting out a 2 year non-compete clause in the Microsoft Arena.
  • 2003 became an Idaho licensed real estate broker
  • 2004 created two real estate companies
  • 2006 Sold one real estate company for high returns (Payette Mountains Realty)
  • 2008-2013 IMLS (Intermountain Multiple Listing Service) Board of Directors
  • 2011-2012 IMLS President of Board of Directors
  • 2015 – Sold other real estate company (Genesis Real Estate Group, LLC)
  • Present – Designated Broker / Owner of Rise Realty, LLC.

Expertise

  • Residential property sales including fine homes, condominiums, income properties and custom homes
  • Exceptional attention to skilled negotiations, knowledgeable analysis of property values and market trends
  • Expertise and renowned credibility in resolving difficult transactions

Designations

  • Licensed Real Estate Broker, State of Idaho
  • CRS – Council of Residential Specialist
  • GRI – Graduate, Realtor Institute
  • 5 Star REO Certificated
  • NET Certified
  • Equator Platinum REO Certified
Rise Realty, LLC