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

Measure of the value of all goods and services produced by the economy within its boundaries and is the nation's broadest gauge of economic health. GDA is often a measure of the state of ...

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

A legally transferable debt instrument by which the issuer agrees to pay the payee within a certain time period. Note usually pay a specified rate of interest tied to the market rate of ...

Literature, samples, equipment, tools, and other useful information that real estate brokers or agents can use for demonstration purposes to prospective buyers. ...

Style of the 19th century resembling an old church. It has a tile roof, arch-shape windows, stucco walls, and pyramid roof. ...

Lease that incorporates increases in agreed-on payments over the term of the lease contract. For example, a particular step-up lease may require that the lessee pay a 10% increase each year ...

Situation in which pledged property is held by a person or entity until the loan is paid. ...

Foreclosure sale enable in those states permitting the use of a power of sale clause to be inserted into a mortgage or deed of trust empowering the mortgagee to advertise and sell a ...

Interest deductible for taxes paid by the taxpayer. It is an itemized deduction on Form (individuals) or Form 1040 (individuals) or Form 1120 (corporations). An example is interest paid on ...

Popular Real Estate Questions