From Landlord to Leisure: Trusite Realty Helps a Senior Citizen Navigate the Pandemic Real Estate Market
This hardworking senior citizen was eager to downsize and bid farewell to his days as a landlord. He had his sights set on selling his home and finding a new abode that would require minimal upkeep, be conveniently close to his family for support, and be priced within his budget so he could capitalize on the additional equity from the sale and generate extra income. We relished this challenge as it gave us the opportunity to flex our data analysis muscles and explore multiple scenarios to help our customer.
We knew it was crucial for our client to understand his future expenses, given that he had a fixed income. So, we went above and beyond, estimating not just the cost of his new home and closing expenses but also accounting for new living expenses such as utilities, food, and in-home care to give him a clear picture of his new lifestyle. At his request, we even explored scenarios for a smaller rental property, a single-family home, and a townhome. Ultimately, our customer opted for the townhome scenario.
As the pandemic was in full swing, we knew we had to be extra diligent and prepared for the unpredictable housing market, where homes were being snapped up within hours. Our hard work paid off, and the first offer we made was accepted. The terms of the offer were so convincing that the seller withdrew the home from the market within a matter of hours.
But that wasn't all - we also managed to negotiate a sweet deal for our client, securing $8,000 worth of furniture at a fraction of the costs. Moreover, due to our meticulous preparation, we could have closed the deal in as little as 14 days. However, we opted to accommodate the seller's requests and closed the transaction 23 days later. Our services didn't stop there — we went the extra mile to assist our client in finding the additional services he would need to ensure a smooth settling-in process in his new home. In addition, we also worked with his new HOA to get $1,000 worth of repairs fixed on the outside of the property since the issues were considered a safety concern. We were grateful to help yet another TruSite customer bring their vision to life.
-6.png)
How TruSite Realty Helped this Investor Find their Ideal Property
WORTH OF FURNITURE NEGOTIATED INTO THE DEAL
DAYS TO CLOSE ON THE HOME
DAY AFTER 1ST OFFER, WE SECURED THE PROPERTY
In a Seller's Market
WORTH OF SAFETY REPAIRS FIXED