Downsizing Tips From A Luxury Estate Expert

Magnusson Group President Lynn Magnusson, ASA, AAA recently met up with Senior Living advisor-extraordinaire Joseph Chu, Certified Senior Advisor and CEO of Assisted Living Locators of Bergen County  to discuss the value of including a personal property appraiser in your downsizing project.

Over the course of a move, it is not unusual for people to feel entirely overwhelmed. The marketing, the negotiations, the staging and viewings; everything about the process can accumulate into a stressful mess. This moving process can be especially taxing on seniors as they downsize into smaller living arrangements... What should they do with all their stuff?Downsizing is a crucial component needed to simplify your life and maximize your space. However, downsizing (and indecision) can often prolong or complicate the moving process. After you've determined the parameters of your new space, a personal property appraiser can help you determine which items to downsize using a value basis, via sale, or donation.

Co-authored by: Lynn Magnusson, ASA, AAA , Joseph Chu, and Kollin Handler, Communications Director

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