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With your piles neatly grouped, it’s time to take … will give you the tips to help you make the moving experience less stressful for you. do you have an aging parent who lives with you? Planning ahead will help with the transition of downsizing. Take decluttering, downsizing step by step. You may want to hand them down to keep in your family. Develop a well-thought-out transition plan.. It’s impossible to have a smooth downsizing process if your whole plan... 2. The next part to understand with this checklist for seniors downsizing is … Effective ways to communicate your downsizing information include: Outplacement services will help alleviate the stress and frustration of your displaced employees, by giving them assistance as they transition to new employment. Downsizing To Move Overseas: A Step-by-Step Guide Whether moving overseas or across town, begin your journey by downsizing possessions. So where do you start? All you want is a quick and easy sale. The home sellers must go through all of their belongings and pare them down. You may want to sell quickly and move on with your life. At Step by Step Senior Move we believe in tackling the downsizing process exactly as our name says—“Step by Step”. Discovery: The hardest thing about downsizing and decluttering is allowing yourself to let things leave your life. What are your needs? Eliminate items not necessary for your new lifestyle. Make sure those who are tasked with the actual layoff notifications are well-trained on delivering the message in a professional and sympathetic way. Before I dive into the step by step process of downsizing, let’s look at some reasons why folks downsize which may resonate with you. Meeting with an employee to … So what you are left with are either real estate investors or house flippers looking to buy your home. Deal with furniture. Step by Step Downsizing can help in this difficult time by: Creation of an inventory list along with digital photographs. You can either sell your home as-is, or make the necessary repairs and updates to sell for top dollar. Planning a party or special event ? The longer you try to hang on to a lifestyle you can no longer support, the deeper the pit you’ll be digging. You now have the freedom to pick and choose where you live. But moving means a totally … Downsizing Tips for Seniors – this article will give you the tips to help you make the moving experience less stressful for you. Homebuyers tend to offer less on a house that needs repairs. A place where you can go when you want to get away for a quick trip, or to have a get together with family and friends while you are there. You’ll have more time to spend enjoying your life rather than be tied down to cleaning and maintaining a big house. Check airline baggage policies. Fund retirement: You can free up some of your home equity to put into your retirement fund. You own a big house that you’ve raised your children in who are now grown and have left the nest. When Uber downsized by cutting over 400 tech jobs in September, many eyebrows were raised. In our “bigger is better” culture, there is an expectation that each home should be larger and grander than the last. It reviews all the major moving companies for you and also gives a list of things to consider when looking for a moving company. While this may seem obvious, it is surprising how often human resources... 3. You don’t want to be bothered with staging your house, and having open houses. Because of this, we offer these four critical steps when downsizing: It’s impossible to have a smooth downsizing process if your whole plan is to simply see how it goes. Moving, downsizing, combining families? It often involves difficult decisions and uncomfortable conversations before, during and after the process. Will you need to take care of an. Or you have gone through a divorce, or have become widowed. You own a big house that you’ve raised your children in who are now grown and have left the nest. It’s important to weigh the pros and cons of selling your home as-is. You have all this “stuff” that you’ve accumulated over the years. Work closely with your human resources team.. Their expertise in the industry coupled with superior marketing strategies ensures the sale will draw in the right buyers. It will be a safer environment – moving from a two story home to a single story home eliminates stairs and the risk of falling. Transitioning From Furloughs to Layoffs: Is Your Business Prepared for This? Published by Richard Lively on June 3, 2020 1. If you find yourself in economic straits, downsize as quickly as possible. The second month of your journey is the perfect time to figure out what to … Step 3: … You’ll have less real estate taxes to pay, lower. If you’ve lived in your home for a long period of time, the thought of downsizing to a smaller place may seem overwhelming. The beauty of retirement is that your career no longer dictates where you live. Are you just looking to simplify your life? The step by step guide and your tips were clear, sensible and very workable. A place where you can go when you want to get away for a quick trip, or to have a get together with family and friends while you are there. If you choose to move into a retirement community, you’ll meet more people with things you have in common. You are left with a big house that has all this extra space that you no longer need. Step by Step Downsizing can bring structure, fresh insight, and energy to a home downsizing project by providing assistance with: Establishing a manageable step by step downsizing/rightsizing plan. This may be something that you’ll want to tackle yourself, or you can hire someone to help you. If you're thinking about downsizing, but don't know where to start, this step-by-step guide can help. It will also send a clear signal to everyone that your company takes care of its people, even when difficult decisions need to be made. This needs to be communicated in a humane manner, with a focus on what the company is doing to ensure a successful transition, and without emphasizing the numbers. As a full-time REALTOR® with RE/MAX of Naperville, I have had the pleasure of bringing Home-sellers & Home-buyers together for 20+ years. It’s too big to manage, too much maintenance, and it no longer fits your lifestyle. They also include items that you cannot live without, for example: your treasured family photos, and wedding video. While many companies are aware of the legal requirements that come with downsizing, not enough employers understand the ramifications that a poor layoff process can have on their companies. Downsizing For Retirement: A Step-by-Step Guide Millions of older Americans are choosing to go small in retirement. Love the visuals! The transition process needs to be thought out beforehand, keeping the focus on company goals and objectives. Providing timely electronic, written and verbal communications will also go a long way in successfully transitioning employees. But for one reason or another, you’ve put off all the trips you’ve dreamed of taking. The many things to consider and how to find one that fits your budget and lifestyle. But for one reason or another, you’ve put off all the trips you’ve dreamed of taking. Items that you truly do not need. Because of the cyclical nature of our industry, I have had to lead the organization through three downturns — each of which required significant downsizing. Contact us today to discuss your company’s situation, and to find out more about how we can help. You can freely choose an area of the country that has more affordable housing options, low property taxes, and overall lower cost of living. Uber downsized by cutting over 400 tech jobs, it was laying off 3,500 additional employees (about 14% of its workforce) due to the COVID-19 pandemic, The Importance of Labor Relations, and What Your Business Should Know, How to Support Your Employees as They Return to Work. Downsizing is a major decision, influenced by unique financial and emotional factors. Are you looking for a home that will be easier to manage as you grow older? Next Step Downsizing Specialists is a full service estate liquidation company that handles downsizing with care and precision. According to a Zillow report, 46 percent of baby boomers who sold homes in 2017 were in the process of downsizing. The same applies if a real estate investor or house flipper offers to buy your house. Our goal is to provide excellent customer service and affordable move management services in the Sonoma County area and beyond. However, if you do decide to do this yourself. If you choose to move into a retirement community, you’ll meet more people with things you have in common. The easiest way is to take on one room at a time, and sort your belongings into 4 categories: These are items you’ll use regularly in your next home, your necessities. It lays out the best way that seniors can approach downsizing. It can better position your employer brand for a future workforce expansion as well. You now have the freedom to pick and choose where you live. It gives me great pleasure to introduce you to Claudia Kraehe, owner of Step by Step Downsizing. You love to travel. We offer our customers a wide variety of services and plans to suit their individual organizing and planning needs. Source: Getty. However, by breaking down each process into steps, it will not only help you emotionally, but it will help you simplify the process and get you on the road quicker to start your next chapter in life. This will, in turn, help maintain your company’s reputation, as well as boost the workplace mood and employee satisfaction. For those being let go, plan on providing access to tools and human resources assistance through the exit process. This step-by-step guide features information on when to downsize, where to move, what to move, how to keep it simple, and tips for adult children. You can either sell your home as-is, or make the necessary repairs and updates to. If you’re an “empty nester”. Downsizing Kitchen Stuff | Step-By-Step Guide (+ 6 Great Tips) Furniture / By Maria Fredgaard / January 16, 2018 April 12, 2021 About a year ago I downsized my kitchen, which is a room that people often mention as overwhelming. Step 2: Create stations for giveaway items, donations, items for resale and trash.. So be respectful to everyone involved. We also help those who want to stay in their home forever by sorting and decluttering. Yes, your furniture looks great in your current home. We help people in the process of downsizing to smaller homes. For any additional questions you may have, feel free to reach out. Claudia Kraehe, Founder of Step by Step Downsizing, is a certified, bonded, and insured member of the National Association of Senior Move Managers. HR professionals know the rules on communicating company changes, good or bad. No longer tied to your location: The beauty of retirement is that your career no longer dictates where you live. Less stress – you will no longer be overwhelmed by the demands of a larger home. In this video I'm going to show you how to downsize the waist of your jeans and make them fit your waist perfectly! You’re at the stage in your life where you’d like to buy a second home. Next Step Downsizing. HR can also help develop communication strategies for managers and leadership, and they can help oversee the entire workforce-reduction process—from putting together severance packages to defining health benefits to transferring of retirement assets. Consider how to help remaining employees impacted by the downsizing acclimate new roles and functions as the organization moves forward. But to save the business and sustain in the market, one has to use a downsizing strategy to avoid financial drain and to become steady. This article shares great tips on how you can senior proof your home so you can create a safe environment for them. If there is anything I can do for you with regard to Buying, Selling or Investing in Real Estate, please call/text me at (630) 248-6077 or via email at mmastrolonardo@remax.net. As with many of us she found her passion after working in the corporate world for many years. The question is: Do you want to spend the time and money to make the repairs on your home or, do you just want to sell as-is so you can move on to the next chapter in your life? How do you start the process of downsizing without feeling overwhelmed by it? You’re not willing to add extra debt for a few dollars more. It can affect you both physically and emotionally. How to Downsize Your Home, Step By Step Step 1: Make the biggest decisions first.. This step is critical for three reasons. , who can help you sort through your belongings, pack items up for you, and help you throw the unwanted items away. Or you have gone through a divorce, or have become widowed. This may be something that you’ll want to tackle yourself, or you can hire someone to help you. The many things to consider and how to find one that fits your budget and lifestyle. It matters. A smaller home means a smaller mortgage payment or better yet, no mortgage at all. Downsizing is a tough strategy and even employers hate to take such step as sometimes it looks little unethical. There are many professional organizers, who can help you sort through your belongings, pack items up for you, and help you throw the unwanted items away. You’re not interested in spending the time to fix up the house. Best Moving Companies for Long-Distance Moves – this article helps remove all the stress there is in finding a reputable moving company. The rule of thumb here is that your housing expenses should not be more than 30%. Downsizing: The 5-Step Method for Life Transitions Big and Small eBook: Danielle, Mia : Amazon.co.uk: Kindle Store Select Your Cookie Preferences We use cookies and similar tools to enhance your shopping experience, to provide our services, understand how customers use our services so we can make improvements, and display ads. . If you have valuable pieces of furniture, vintage items, china and glassware. Downsizing impacts people in various stages of the employee lifecycle, which is why solid HR support is so important. Claudia was cleaning out a family member’s home when she realized there must be a lot of us over 60 who need help cleaning out all the “stuff” we had collected over many years. Tweet; Share. You are left with a big house that has all this extra space that you no longer need. this article gives you some great tips for buying a retirement home. Step by Step Organizing has been assisting customers in all of these needs and more. The easiest way is to take on one room at a time, and sort your belongings into 4 categories: When it comes time to sell your house, you’ll have two options. I think that Larry Putterman’s post, “10 Lessons Learned From Downsizing a Business” is an excellent … It can affect you both physically and emotionally. An important task while planning for any downsizing is to carefully analyze your talent pool. Less stress – you will no longer be overwhelmed by the demands of a larger home. Remember that the manner in which departing employees are informed about a layoff will have an impact on the morale of the employees that remain, as well as those who are let go. To start with, tell all employees what the rationale is behind the layoffs. Some creative downsizing plans that HR professionals can help with include: Good two-way communications are a critical before, during and after a downsizing. The ultimate decision is yours. Step-by-Step Downsizing Process . Items that don’t have a second life, or that do not fall into any of the three other categories can be thrown away. Downsizing to a less valuable home Securing appraisals for art, rare books, and coins, etc. This will help everyone get through a stressful and uncertain time. These are items that you’ll know you have a place for in your next home. But soon after you’ll get less activity because homebuyers in today’s market want a home that is move-in ready. These can be sentimental items that you will not have room for in your next place. This article shares great tips on how you can senior proof your home so you can create a safe environment for them. Wanting to travel more: You love to travel. ? Great Tips For Buying Your Retirement Home – this article gives you some great tips for buying a retirement home. Let me go over the pros and cons of selling your home as-is. Copyright © 2021 RAI Resources. I’ll be happy to help! By: Donna Minkus Posted: 6:11 PM CDT Friday, May. The house is too big:  If you’re an “empty nester”. Change is scary. However, if you do decide to do this yourself. I specialize in residential sales in the West Suburban Chicago area including but limited to: Naperville, Wheaton, Lisle, Glen Ellyn, Warrenville, Aurora, Winfield, and Woodridge. When you are working that number is typically manageable, but when you retire, housing expenses of 30% or above might start to become a burden for you. Selling your home? It’ll inform what you can bring, … “Stuff’ is everywhere. residence, or $500,000 for a married couple, if you have owned your home for at least two of the last five years. You can freely choose an area of the country that has more affordable housing options, low property taxes, and overall lower cost of living. Never Do It All In One Day. It will be a safer environment – moving from a two story home to a single story home eliminates stairs and the risk of falling. One of the most difficult things about the downsizing process, especially for seniors, is the emotional upheaval. The process an employer should follow, collective consultation, and employee rights, including notice periods and pay. Identify key skills the company will need after the layoffs. It gives you the option to pay off debt. Don’t over-explain things, either, as this can often unintentionally add insult to injury. You can also look into selling items on facebook marketplace, yard sales, or a consignment shop. But life changes like divorce, kids leaving for college, or even the simple act of growing older can prompt us to find a smaller home that better suits our shifting needs and lifesty It’s too big to manage, too much maintenance, and it no longer fits your lifestyle. Now you have the freedom and time to travel to all the places you’ve always wanted to visit. Let me go over the pros and cons of selling your home as-is. The best thing the employers or organizations can do is to downsizing a business with dignity. This freedom can greatly help you financially. At RAI Resources, we also deliver exceptional virtual outplacement services that are tailored to meet each client’s unique needs. This freedom can greatly help you financially. And after talking to your real estate agent you decided that the difference between your current value and your after repair value isn’t going to bring you that much more to your bottom line. There are many. Beyond regulatory compliance issues, it is important to maintain your organization’s reputation and keep the morale of your remaining employees from sinking to dangerous lows during a workforce reduction. You’ll have more time to spend enjoying your life rather than be tied down to cleaning and maintaining a big house. Month 2: Turn A Profit. All Rights Reserved. You may not have the extra cash to spend on making the improvements to your home. As soon as the When you are working that number is typically manageable, but when you retire, housing expenses of 30% or above might start to become a burden for you. Downsizing your home can seem scary. However, by breaking down each process into steps, it will not only help you emotionally, but it will help you simplify the process and get you on the road quicker to start your next chapter in life. Step 3: Project management chart & paperwork. While this may seem obvious, it is surprising how often human resources professionals are part of the tactical transition leadership. 21, 2021. ... and the step approach is a great way to know how/where to begin the process without becoming overwhelmed by the project. It lays out the best way that seniors can approach downsizing. You need a detailed plan for what employees (departing and remaining) can expect from the organization. this article helps remove all the stress there is in finding a reputable moving company. What Should You Expect in HR Trends for 2021? Downsizing your home can seem scary. If the percentage in step 3 is the same or greater than the percentage in step 2, there’s no loss of RNRB and there’ll be no downsizing addition. How To Safely Senior Proof Your Home – do you have an aging parent who lives with you? Or rehome items that you have duplicates of to friends and family. A good place to start the downsizing process is by reading Moving for Seniors, a workbook created by Barbara Morris of Smooth Transitions®. Sadly, the ride-sharing business is just one of many organizations forced to downsize during the coronavirus outbreak. Whether it is the result of mergers, acquisitions, market downturns, financial constraints or some other major event, companies that find themselves having to downsize their workforces are often unsure how to do this the right way. Dislike following simple step by step procedures; Are in the process of decluttering You want to depersonalise your home for sale staging; Reviews 'This book is full of excellent practical advice, as well as warmth and recognition of the emotional side of downsizing. Every company is different as far as their pricing, so it’s best to talk to at least three companies to decide which one will work best for you. Mental Health Matters – Especially At Work, Here’s Why The Lehigh Valley Needs Human Resources Consulting Companies Like RAI. Let people go in person, rather than over email or via a telephone call. Buy a second home: You’re at the stage in your life where you’d like to buy a second home. As I worked with several seniors, the hardest part of the process for me was to guide them through it with compassion and patience while respecting the deadlines and the downsizing requirements. When your house first goes on the market, you may attract several buyers since your home is priced less than move-in ready homes. By selecting to work with Junell Moves Made Easy (move management team) and Junell Realty Group’s Retired Moves Division (real estate team), many of the following steps are a breeze. 38 likes. Want to cut down on housing expenses: The rule of thumb here is that your housing expenses should not be more than 30%. Change is scary. This helps keep your organization compliant. It’s in the attic, in the basement, and scattered throughout the house. You may want to consider having an estate sale. These questions will help you think about what you’ll need in the future. I look forward to working with you! Downsizing: What Critical Steps Do You Need to Take? You can free up some of your home equity to put into your retirement fund. When it comes time to sell your house, you’ll have two options. Then just last month, the company announced it was laying off 3,500 additional employees (about 14% of its workforce) due to the COVID-19 pandemic. Downsizing is not something businesses take lightly. It reviews all the major moving companies for you and also gives a list of things to consider when looking for a moving company. After working for 22 years as an office manager for a premiere technical consulting firm, she served as Executor for … The idea of downsizing might seem overwhelming, which is why we will put everything down on paper and devise a detailed project management chart to add to the transparency of the process and help you navigate it more effectively, with the support of our experienced Senior Real Estate Specialists. "..." more. This needs to be part of the transition strategy. Now you have the freedom and time to travel to all the places you’ve always wanted to visit. When homebuyers see that your home needs repairs, they’ll take those repairs into consideration and offer you less for your home. Distribution of possessions through sale, gifting, or donation per the family’s and/or executor’s wishes. Then there are those who do not wish to leave an overwhelming project for their children. Step 1: Complete initial consultation and paperwork with professional move management and real estate teams. Now that you’ve assessed your situation, looked at the benefits of downsizing, the next step is to go through your belongings. For Businesses That Are Hiring and Recruiting During the COVID-19 Outbreak, The Importance of Labor Relations: What Your Business Should Know, Discrimination and Harassment Prevention Training, “Managing Your Employees” A Free Webinar Series.

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