Definition of "Empty Nester"

When you hear a real estate agent talking about a client that's an empty nester, it means said client suffers from empty nest syndrome.

But what is Empty nest syndrome?

Empty nest syndrome is how it’s popularly called the feeling of grief a parent feels when their offspring finally move out to “fly solo” and set up a “nest” of their own. Empty nest syndrome is not a clinical condition, but a memetic concept forged by associating birds and their nest, made to protect their eggs, which, when hatched, is abandoned by the baby birds.

After a lifelong of actively caring and nurturing the growth of their kids, people with empty nest syndrome (or empty nesters) – especially full-time mothers or fathers - find themselves feeling that a big part of their identity got stripped away. With a lot of free time on their hands, empty nesters might get depressed or feel in need of radically changing their lifestyle and finding hobbies to keep them occupied. In a larger sense, by seeing their sons and daughters leaving them, empty nesters tap into their own mortality, projecting a future where they will leave or be left in definitive.

So, in real estate, an empty nester can be someone who decides to downsize because their house became too big and too lonely or someone who decides to get a house as big but less “family oriented” so they can finally enjoy their hobbies without having to worry about their kids. Empty nesters can even be someone who decides to double down and call a real estate agent for help buying a second home where they could meet their kids halfway for some vacation time and profit off of it for the rest of the year. Just know that, when referring to a client as an empty nester, their motivation towards buying a house or selling a house are all related to the fact their children have just moved out to live by themselves, and they’ve been “left behind” suddenly discovering themselves “free” to do things differently and shake up their lives a little bit. Beware of the empty nesters moment and be empathetic to it. Empty nesters make great clients because they are generally willing to spend but it’s not their first rodeo either, so they’re not eager to close anything and will let real estate agents do their job.

Real Estate Tip:

Are you an empty nester? Let a professional real estate agent nurture YOU throughout the home buying/home selling process for a change!

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Terms

The amount of money a developer must directly invest in order to obtain a development loan. It pays for the initial development cost including costs for items such as architectural plans, ...

Right to an item belongs to the public at large so anyone can use it. An example is a real estate software program that is publicly available by an electronic bulletin board service. ...

An agreement by which a mortgage is made subject to a junior mortgage. For example, a loan on a vacant lot is made subject to a subsequent construction loan. ...

A binding judicial determination of the rights and standing of litigants. A declaratory judgment does not result in any relief for the action brought before the court. It merely ...

Same as term contract for deed: Method of selling and financing property whereby the buyer obtains possession, but the seller retains the title. ...

Legal contract in which the lender controls the pledged property being financed. The agreement describes the property and its location. Of default occurs, the lender may sell the ...

Association of the owners of all condominium units in a building that is concerned with managing day-to-day matters in the building complex, including the surrounding and enforcing ...

The definition of a property brief is a document including the summarization of the attributes and characteristics of the property. Officially issued legal records are supposed to include ...

Any property, tangible or otherwise, except real estate. For example, furniture or automobiles. ...

Popular Real Estate Questions