Many real estate agents get into the business for the wrong reasons. People often seek out the success of seasoned agents and brokers and think that — in the blink of an eye — they, too, will be rolling in the dough. Well, it takes years to harvest success in the real estate industry and, like nationwide markets, the Bay Area has its share of ups and downs.
There comes a time when you have to re-evaluate your lifestyle. This can be for many reasons, but for most, the primary reason a downsize occurs is need-related. Americans tend to overpay for things and services. At a certain age, services and things stop becoming important, and lifestyle and health become pivot factors, especially in the San Francisco market.
There is a bluntness to life that many of my peers are afraid of using when discussing downsizing with their clients and their adult children. We, as people, tend to sugarcoat things. We want people to like us. We don’t want to offend or accidentally come off as rude.
Here in Contra Costa, our real estate market is currently fueled by two things: technology and seniors. In many parts of the country, technology and senior-centric real estate is becoming more than a trend.
A few months ago, I penned a piece on my personal blog discussing what is now trending in the media: San Francisco’s tech boom and its impact on local rent and real estate prices.