5 Key Steps for Selling Your Parent’s Home

As parents age, helping them transition from their family home can be emotionally challenging. Whether they’re downsizing, moving into assisted living, or no longer able to make decisions for themselves, selling a parent’s home requires thoughtful planning. Here are five essential steps to make the process go smoother:

1. Start the Conversation Early
Initiating the discussion early is key. Since the topic can be sensitive, approach it with empathy and patience. Talk to your parents about their future plans and concerns. Open communication helps ensure that everyone, especially your parents, feels heard and involved.

2. Organize Legal Paperwork
Before selling your parent’s home, it’s crucial to confirm that you have the proper legal authority. If your parent is mentally capable, they can give you power of attorney, allowing you to handle the sale. This legal document must be signed in front of a notary and witnesses.
If your parent is no longer able to make decisions, you may need to seek legal authority through conservatorship or a court order. Consult an estate attorney to ensure that you are following the correct legal procedures and to avoid potential disputes.

3. Choose a Representative
Family members should also agree on a representative to oversee the home sale. This person can help manage the timeline, set an asking price, and coordinate updates or repairs. While it’s important to designate one lead, keeping all family members informed can prevent miscommunication.

4. Declutter and Depersonalize the Home
Preparing the home for sale involves decluttering and removing personal items. Go through each room and remove any unnecessary belongings, such as extra furniture or old items. Store family photos and personal memorabilia, allowing potential buyers to imagine themselves in the space. A clean, neutral home is more appealing to prospective buyers.

5. Assess and Make Necessary Repairs
Homes lived in for many years may need updates or repairs to attract buyers. Assess the condition of the house and determine what repairs or cosmetic improvements will help boost the home’s value. Simple updates like a fresh coat of paint or minor landscaping can greatly improve the home’s curb appeal.

If you’re unsure about what changes will have the most impact, consult a real estate agent. They can provide guidance on what repairs will yield the best return on investment, especially those that increase the home’s first impression