London Ontario Real Estate Change, Go Bigger or Go Smaller

Did you know that we are programmed to resist change, even when it’s in our best interest? Changing to a larger or a smaller home is a huge change for those  interested in London Ontario real estate & for some, quite discouraging.

Chip Heath, a Stanford business professor, an author of 2 great books Made to Stick: Why Some Ideas Survive And Others Die” and “Switch: How to Change Things When Change is Hard”, covers change and why we resist change.

made to stick

He states that our analytical, rational side may say” I want a better beach body”, but our emotional side says “I want the Oreo cookie”.

So at work, we may want to change how we treat our customers and clients, but our emotional side is in love with the comfort of routine. Heath writes that we need to align those two conflicting sides of ourselves.

Or in real estate, we may want to move to a one floor home or a smaller one because the stairs are getting harder to manage or you are tired of shovelling snow or yard maintenance, but our emotional side is comfortable with the neighbourhood and even family memories.

How?

He writes that you have to convince your emotional side of yourself  to go along with the change and not just motivate the rational, analytical side.

Real estate and practitioners of real estate face change daily and some let the change beat them up. How many times  have you heard “I’ve done it this way for 10 years and that’s the way it is.”?

“Why did they make those changes at ___________? I liked “the old way” or my favorite “I hate this new system, new phone, new app, new manager or whatever new gives you a headache”.

Well, for me, I welcome change because if I stop learning and growing, I wither away & die. I don’t want that to happen yet  so bring it on, give me all the change you got, and by the way, how to sell your house in London Ontario is changing too.

 

Retiring, Downsizing in London Ontario Or Going Crazy?

How the wealthy are redefining their retirement and the concept of a “traditional” retirement is a relatively recent phenomenon.

When retirement schemes were first introduced at the end of the 19th century, retirees were lucky to live just a few more years after stopping work. But increased life expectancy means that today’s retirees are often enjoying 20 to 30 years of leisure at the end of their working lives.

london ontario retirees

In Barclays Wealth Insights and their wonderful insightful presentation The Age Illusion How the Wealthy are Redefining Their Retirement” you will find it quite useful not only for yourself personally but potential as a service provider to these people who are sometimes called “Nevertirees

Assessing the impact of the Nevertiree and understanding the role that I ,as a Realtor and a Nevertiree, is exciting and something I can relate to. (The Nevertiree part, not the wealthy part!)

active retirees

I have many clients who have started second or third careers, or are still growing their business and really enjoying life.

Their real estate needs are quite different than our traditional retiree and the last two years, especially the last 6 months in London Ontario, real estate has  been in demand, especially a one floor home, be it a house or a condo, have been sought after in the $500,000 plus range.

I would say that the majority of my clients are in that high end range which I truly appreciate, not the dollar amount but their vibrancy, maturity, no nonsense approach and who appreciate a professional to help them!

Does It Pay To Downsize To London Ontario?

Does it pay to downsize to or in London Ontario? Downsizing the family home can be one of the hardest decisions to be made and unfortunately for some, the decision to downsize may be financial or health related.

Last week I met with a wonderful couple who have contemplated downsizing for the past two years. I stunned them when I recommended to them that do not downsize yet! Yes, I am a Realtor and I help people sell and buy real estate but I also am a councillor and look after the best interests of my clients.

This couple were in relatively good physical and mental health and were thinking about downsizing for financial reasons. Upon reviewing their existing house, the neighbourhood, where they were wanting to downsize to, I said that they would not be better off economically if they moved!

Every situation is different but not full understanding the financial implications and future expenses, can wreak havoc of someone’s life work and savings.

I used this great financial downsizing tool to help them and I share this link with you as well!

Retiring To London Ontario Is On The Rise

How the wealthy are redefining their retirement and the concept of a “traditional” retirement has changed and I am seeing that retiring to London Ontario is on the rise.

When retirement schemes were first introduced at the end of the 19th century, retirees were lucky to live just a few more years after stopping work. But increased life expectancy means that today’s retirees are often enjoying 20 to 30 years of leisure at the end of their working lives.

london ontario retirees

In Barclays Wealth Insights and their wonderful insightful presentation The Age Illusion How the Wealthy are Redefining Their Retirement” you will find it quite useful not only for yourself personally but potential as a service provider to these people who are sometimes called “Nevertirees

Assessing the impact of the Nevertiree and understanding the role that I, as a Realtor and being  a Nevertiree is exciting and something I can relate to.

(The Nevertiree part, not the wealthy part!)

active retirees

I have many clients who have started second or third careers, or are still growing their business and really enjoying life.

Their real estate needs are quite different than our traditional retiree and the last two years, especially the last 6 months in London Ontario, real estate has  been in demand, especially a one floor home, be it a house or a condo, have been sought after in the $500,000 plus range.

I would say that the majority of my clients are in that high end range which I truly appreciate, not the dollar amount but their vibrancy, maturity, no nonsense approach and who appreciate a professional to help them!