Realty Executives Associates

Serving East Tennessee

Realty Executives Associates

213347

Blog

Relocating Elderly Clients

(Published on - 10/7/2021 2:58:39 PM)

The tables have turned and now it’s time for you to help your parents move into the next stage of their life. Maybe they’ve realized they want to downsize from their forever house and find a single-level home, or you’ve noticed they need the kind of additional help provided in a retirement community.

Whatever your parents’ situation, the keys to staying calm while navigating this challenging time are careful planning and understanding, with a healthy dose of patience.

 

DON’T ASSUME EVERYONE IS ON THE SAME PAGE

This can often be a tension-wrought time for you and the entire family. Plan to have an honest, open discussion with your siblings and parents about what the right next step is. There are many reasons for elderly parents to relocate, from financial to medical. If you’ll be helping relocate both parents, it’s important to consider that they may not agree about what to do next — or they may require different levels of care. Either way, it can be an upsetting conversation if not handled thoughtfully.

Research housing options based on the level of care each person needs, the costs involved, and how it will be paid for. That way, when you bring it up to your parents, you’re ready with some informed answers to help make the discussion and decisions less stressful.

 

ALLOW PLENTY OF TIME

Sometimes these decisions have to be made on a fast timeline, particularly when there’s a medical situation. However, if it’s not an emergency try not to rush your parents into a decision. Let them adjust to the idea of finding a new place to live, then help them see how it will benefit them, whether in terms of finances, safety, being closer to family, and having an easier way of life. The key is helping your parents feel more in charge of the process and less like a burden to you or other family members involved.

 

PLAN FOR HEALTHCARE

If your parents are moving to a new state or city, it’s important to have their healthcare set up right away. Check to see what doctors will be in-network for them or how far the drive will be from their current doctor. Also take into account how far their new place will be from a pharmacy and consider setting up mail-order prescriptions to save time and money.

 

SORT, ORGANIZE AND DOWNSIZE

Once the decision about their next home has been made it’s time to start preparing for the move. Dealing with decades of belongings and family mementos can be overwhelming. Most likely your parents will be downsizing to a smaller home or apartment, or even a room in an assisted care facility. Another possibility is that they are planning to move in with you, which will most likely require downsizing their belongings, not to mention a big shift in your family dynamic. Keep your conversations open and make sure each member of the family has a voice. Involve your parents in the process of organizing their items, asking them what they want to have in their new place, versus what they may want to keep in storage.

If you have a parent experiencing memory loss, consider doing the organizing yourself and be sure to pack items that will immediately be familiar to them, such as important family photos, a favorite armchair, one place setting of a cherished dishware set. Then, have an estate sale or contact a consignment company for anything the family doesn’t want to keep.

 

RESEARCH MOVING OPTIONS

When researching movers for your elderly parent, make sure the company is licensed and bonded. Fraudulent moving companies are an increasing issue and the government has recently tried to crack down on the growth of moving company scams. Many of them even appear to have a location on Google maps when you’re researching. This is why finding a licensed and bonded company is crucial. Look at Yelp and Angie’s List for reviews or ask friends and family for recommendations.

The level of moving service you need will depend on the distance of the move and the number of items your loved one will be taking with them for this next phase of life. A traditional moving service might be too costly or stressful when you’re downsizing into a smaller space given their rigid schedules and the risk of damage. A portable moving container offers more flexibility, time, and control over the process

— something that will be highly valued by you and your elderly parent – plus you have the option of hiring professionals to assist with packing and loading.

 

MAKE THE TRAVEL ARRANGEMENTS

Remember that traveling is more difficult when you’re older! Plan their trip in ways that will minimize stress, like picking nonstop flights and scheduling for the time of day they’re usually feeling their best. If they’ll need special assistance for mobility, you can arrange for the airport to provide a wheelchair for easy maneuvering. Make sure there’s someone available to drive them to the airport and pick them up when they arrive at their new destination.

 

This can be an emotional time for elderly parents and for you. Consider having someone from the family travel with them to help with the trip, whether it’s a cross-country flight or a few hours on the road. Then, once you get to their new place, it’s a good idea to have someone stay for a few days to assist with unpacking and getting them settled.

Written by Karin Burkey, CRP, VP of Corporate Services 


July Edition: Pat McGill's "Say What?!"

(Published on - 7/2/2021 7:55:37 PM)

 

Do you know the difference between

listing date, effective date, and coming soon date?! 

 

Listing date: the day that the listing agreement  is signed by all parties. 

 

Effective date (line 44 on listing agreement): a  later date for property to be marketed to  public. 

  • No sign in yard 
  • No social media or other advertising
  • Property can be discussed with other agents on a one-to-one basis and may  be shown 

 

Coming Soon date (must use the Pre Marketing Addendum): the listing date is the  date signed on the listing agreement by all  parties and coming soon date commences on  listing date and terminates no later than 14  days later at which time the listing becomes  active. 

  • Coming Soon sign permitted in yard
  • May advertise as Coming Soon 
  • NO showings by anyone, including  seller 
  • Offers may be presented sight unseen

 

Reach out to your broker if you have any questions!

We are here to serve YOU!

 

 

 


Why Maryville? Why not?

(Published on - 6/2/2021 12:38:39 AM)

     

Why Maryville? The better question really is, why not Maryville? No
matter where your travels have taken you, as you leave the Knoxville
McGhee Tyson airport (which is actually conveniently located in Blount
County rather than Knox) and head south towards Maryville, the Great
Smoky Mountains instantly greet you on the horizon as a Welcome
Home sign. A poignant reminder that there is simply no better place to
live.
     Maryville has a population of about 30,0000 and is the county seat of
Blount County. It is situated with its sister city, Alcoa, at the foothills
of the Great Smoky Mountains- and is a suburb of Knoxville. Don’t be
fooled by its small size though; at approximately 17 sq miles, this small
town packs a punch and has a “mini big-city” feel.
     Maryville is positioned perfectly to access endless possibilities- whether
it be hiking, kayaking, or bicycling in the Smoky Mountains, visiting
nearby Dollywood, Pigeon Forge and Gatlinburg, boating on the many
nearby lakes, or catching some University of Tennessee sports in
Knoxville. However, even though you can easily leave Blount County and
travel 25 minutes in any direction to find great entertainment, it is
certainly not necessary!
     The Maryville-Alcoa Greenway connects sister cities Maryville and
Alcoa by providing a 9 mile paved and lighted pathway connecting the
towns’ parks (Pearson Springs, Sandy Springs, Bicentennial, Greenbelt,
and Springbrook) for joggers, cyclists, and walkers. Along the way are
playgrounds, duck ponds, the impressive Blount County library,
fountains, and restaurants.
     Eating out in Maryville brings an unexpected surprise. The Walnut
Kitchen, Foothills Milling Company, and The Restaurant at RT Lodge
offer upscale dining experiences with unrivaled menus and intimate
atmospheres. Local favorites include an international flare with Lemon

Grass and Los Amigos and local chains Sullivan’s Downtown and
Aubrey’s. The Bluetick Tavern and the newly opened Blackhorse Pub & Brewery offer a casual atmosphere to have a drink. Don’t overlook the
off the beaten path eateries such as Uncle Lem’s located in a gas
station on the way to the mountains- serving slaw dogs and homemade
cinnamon rolls! Other popular gathering spots include the Vienna
Coffee House and Bruster’s Ice Cream (formerly the iconic Kay’s ice
cream) always bustling summer evenings in the center of town.
     If you’re interested in sports, Blount County offers up some of the most
watched small town high school football in the country. The Maryville-
Alcoa rivalry spans 75 years and is one of the most anticipated events
of the year. The two teams have combined 35 state titles and both have
the produced the winningest coaches in high school football. It isn’t just
the game itself though, the spirit week leading up to the game has
become known for highlighting this cross town rivalry.
Education is consistently a priority in Blount County with Maryville City
and Alcoa City being among the highest ranked public schools in the
state. Maryville College is a picturesque private liberal arts college
situated on 60 acres that is the hub of Maryville. Founded in 1819, the
Maryville College Fighting Scots bring a college town element to
Maryville with NCAA III sports, the much anticipated Scottish Highlands
Festival and Games, and concerts, dance and drama at the Clayton
Center for The Performing Arts.
     Maryville might not exactly be the place “where everybody knows your
name,” but it certainly is a place that has hometown familiarity, yet at
the same time big ideas, big possibilities, and big opportunity. For every
stage of life: single, young family, empty nester, or retirement age-
Maryville offers something for everyone!

written by: tracy southard, realtor

Knox on top: Economic advantages of operating your company in East TN

(Published on - 4/20/2021 6:46:35 PM)

Knoxville, TN:

A Catalyst for Growth

A business-friendly tax and incentive structure allow companies locating or expanding in Knoxville to manage operating costs and invest in their continued growth. The state of Tennessee, Tennessee Valley Authority, and local governing bodies evaluate eligibility on a case-by-case basis.

 

Tax Incentives

  • No personal income tax
  • No state sales tax on manufacturing equipment for qualified businesses
  • No sales tax on pollution control equipment
  • No sales tax on raw materials

 

State Incentives

  • Reduced sales tax on energy fuel and water for qualified manufacturers
  • “Double weighting” of Tennessee sales for franchise and excise taxes
  • 1% tax credit on capital equipment
  • Jobs tax credit of $4,500 per employee

 

Local Incentives

  • PILOT (Payment in Lieu of Taxes) tax freeze on a portion of local real and personal property for a duration dependent on location and other variables such as total capital investment, net new jobs, and wages
  • Development of infrastructure and site preparation work required to make a site buildable; determined on a case-by-case basis
  • Local training grants for skilled workforce positions
  • Land price discounts for potential businesses; determined on a case-by-case basis

 

*Contact Doug Lawyer, VP of Economic Development at the Knoxville Chamber to discuss the economic advantages of operating in the Knoxville region.

 

Written by: Karin Burkey-Childress, VP Corporate Services

 


;

Questions? Need Advice? Complete this form for more information.

Contact Information::










Copyright 2024 Realty Executives All Rights Reserved
Disclaimer: Each office independently owned and operated. Please disregard this message if you are already under contract with another real estate professional.