HOMESHARE - A Great Option for Seniors

By
Real Estate Agent with Charles Rutenberg Realty Inc. 516-575-7500 NRDS ID#641625055

 Some cultures have a firm tradition of family commitment to the elderly; Asian, Native American, African American and Latino, to name a few. Seniors are respected for their many years of experience and wisdom. Elder care remains a family issue. Private care may not be an option and there may be few state-funded facilities. The elderly live out their years at home. Common obstacles facing American seniors today are generally not a problem in these other cultures.

 

In the U.S., families are more likely to live far apart. Children grow up and settle in other states, oftentimes after college graduation. People are left alone to cope without benefit of family or community. For many, senior housing will become an issue at some point in their lives.

 

The concept of HomeShare began in Atlanta in the 1980's, and is now available in about 30 states including Florida, Arizona and Oregon. It's available internationally, as well, in Australia, England and France. While it was originally aimed at seniors, over the years, it's been modified to accommodate people of various ages and situations. Quite simply put, someone who is suffering from financial hardship or social isolation and who has an extra bedroom to rent is matched up with someone who has a need for an affordable place to live.

 

The living room and kitchen, and in some instances, the bath, are shared which gives this arrangement the feel of having a housemate rather than a boarder. The homeowner and homeseeker have absolute say over the match.

 

"It's not without its challenges but it is a way for older adults to maintain their homes and it can help people of all ages through transitional periods such as divorce, loss of spouse, company downsizing or educational pursuits," reads a brochure put out by the Agency named below.

 

The process can take a couple of months to complete because the Nassau County's Program Coordinator is meticulous about conducting an exhaustive pre-screening that includes criminal background checks, character references, and meetings between the potential housemates. All the employees and volunteers are sensitive to the fact that this concept involves letting a complete stranger into your home and they are extremely diligent about making sure these potential tenants are mature, trustworthy and consistent in their financial obligations. Additionally, they probe to insure that no former addictions, abuse or other criminal activity go undetected because, after all, homeowner security is paramount.

 

While they have already had a lot of success (think along the lines of The Golden Girls), naturally, some matches don't work out. Just like in any real life family situation, there are bound to be conflicts between people. Sometimes, lifestyles and habits don't mesh. It could be as simple a problem as experienced by the famous T.V. Odd Couple where one person is finicky and the other one is domestically challenged. Or, it could just be of a logistical nature like the renter's commute turns out to be too far from his job.

 

In any case, the Agency is there for follow-up. For a year after the match, they'll check in periodically and mediate, if necessary. They are completely committed to making these pairings work and they can always set up a different match, if need be. HomeShares don't have to be forever. They typically last 6 months to 2 years until someone's life situation changes and he is back on his feet again.

 

If you know of anyone who can benefit from this program, feel free to pass along the contact information:

 

Family and Children's Association

HomeShare/Nassau

100 E. Old Country Road

Suite 29

Mineola, NY  11501

516.292.1300

 

 

 

Happy Planet 2 by Patrick Doheny

https://creativecommons.org/licenses/by/2.0/

 

 

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ABOUT THE AUTHOR: Graduate REALTOR Institute 

Jill Sackler, NYS Real Estate Broker Associate based on Long Island's South Shore
 
 

Sunny Isles, Fl 

 

  

     Specializing in Lifecycle Real Estate Transitions

"When your family doesn't fit your family home, I can help."
 
 
 
 
 
   
   

   

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Re-Blogged 1 time:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
New York Nassau County
Groups:
Realtors®
Dedicated Bloggers
Local Expert
Long Islander Agents
Hyper-Local
Tags:
elderly
seniors real estate
roommates
golden girls
homeshare

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Rainmaker
2,598,688
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

This is the first I've heard of Homeshare.  It's a very interesting concept that I can see working for many seniors.

Apr 10, 2019 05:01 PM #2
Rainmaker
3,690,696
Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Good morning Jill. This is very impoprtant and Something I have thought about personally.

Apr 11, 2019 06:05 AM #3
Rainmaker
760,757
Jill Sackler
Charles Rutenberg Realty Inc. 516-575-7500 - Long Beach, NY
LI South Shore Real Estate - Broker Associate

Kim Johnson Thank you for taking the time to read it. I first learned about it around 10 years ago and liked the idea immediately since isolation and loneliness are real concerns. It's not perfect but can be helpful if someone needs to be reminded to take their medication, for instance, or needs help with the home maintenance. You might need to work out certain things in advance like if the grandchildren can come over and how long can they stay. Anyway, it's an option.

Apr 11, 2019 04:10 PM #4
Rainmaker
760,757
Jill Sackler
Charles Rutenberg Realty Inc. 516-575-7500 - Long Beach, NY
LI South Shore Real Estate - Broker Associate

Myrl Jeffcoat That's how I feel also. It could be similar to living in an adult community with those sets of guidelines and restrictions but the benefits are worth it.

Apr 11, 2019 04:13 PM #5
Rainmaker
760,757
Jill Sackler
Charles Rutenberg Realty Inc. 516-575-7500 - Long Beach, NY
LI South Shore Real Estate - Broker Associate

Sheila Anderson I would definitely encourage you to learn everything you can about the concept. Remember that you need not agree to anything that you're not 100% on board with and I imagine a roommate situation could work for almost anyone.

Apr 11, 2019 04:15 PM #6
Rainmaker
1,570,633
Mike Cooper, GRI
Cornerstone Business Group Inc - Winchester, VA
Your Neighborhood Real Estate Sales Pro

Jill, this is great information. I wish I knew this a few years ago when my mother was still healthy enough to do this. She's in an assisted living facility now. Her health requires more frequent attention today, but this would have been great when she was healthier.

Apr 13, 2019 05:47 AM #7
Rainmaker
760,757
Jill Sackler
Charles Rutenberg Realty Inc. 516-575-7500 - Long Beach, NY
LI South Shore Real Estate - Broker Associate

Mike Cooper, GRI  Sorry, you're dealing with your mother's health concerns at this time. We're definitely at that stage of life. We'll have to see if this takes off. I learned about it a long time ago but I just saw it mentioned on the news last week for the very first time.

 

Apr 13, 2019 07:48 PM #8
Rainmaker
2,071,373
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Fort Worth, TX
Selling Homes Changing Lives

Hi Jill Sackler - this is a much-needed post that deserves attention. I wish I had the power to get it featured. There is a problem in America with many elders with nowhere to go. It's not because they didn't plan, they could all have different reasons why they need an advocate, someone to help them get through the senior years while still living independently. Unfortunately, too many seniors have successful children who don't offer to take in their mother or father. Homeshare sounds like the next best option. 

This truly is a great post and something everyone should read.

Sep 09, 2019 07:18 AM #9
Rainmaker
760,757
Jill Sackler
Charles Rutenberg Realty Inc. 516-575-7500 - Long Beach, NY
LI South Shore Real Estate - Broker Associate

Patricia Feager, MBA, CRS, GRI,MRP Thank you for being so supportive, as always. You always have a kind word.

Sep 09, 2019 07:31 AM #10
Rainmaker
2,071,373
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Fort Worth, TX
Selling Homes Changing Lives

Jill Sackler - I just re-blogged this post of yours and disabled comments to me. Hopefully, more people will read it. It really does deserve attention! Thank you for writing such a heartwarming story that needs to be heard. 

Sep 09, 2019 07:37 AM #11
Rainmaker
760,757
Jill Sackler
Charles Rutenberg Realty Inc. 516-575-7500 - Long Beach, NY
LI South Shore Real Estate - Broker Associate

I thought of you last week when I had a stopover at the Dallas/Ft. Worth airport. Unfortunately, it was in the middle of the night, lol.

Sep 09, 2019 07:47 AM #12
Rainmaker
1,468,916
Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker, Blackstone Realty Group - brokered by eXp Realty - Kalispell, MT
The House Kat

I love this idea - Having to leave a home you love is a sad thing; any option for the elderly to stay in their home is a great thing.

Sep 09, 2019 08:34 AM #13
Rainmaker
3,857,189
Dorie Dillard CRS GRI ABR
Coldwell Banker United Realtors® ~ 512.750.6899 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

Good morning Jill Sackler ,

I'm so glad that Patricia Feager, MBA, CRS, GRI,MRP re-blogged your post. I too have never hear of Homeshare..certainly another option to consider for seniors that could be quite workable.

Sep 09, 2019 09:33 AM #14
Ambassador
2,300,829
1~Judi Barrett
Integrity Real Estate Services 118 SE AVE N, Idabel, OK 74745 - Idabel, OK
BS Ed, Integrity Real Estate Services -IDABEL OK

Came over due to Patricia Feager, MBA, CRS, GRI,MRP 's reblog of your post.  I have read in the past about HomeShare.  It may be more relevant now than ever; with proper precautions of course.  Great write!

Sep 09, 2019 04:20 PM #15
Rainmaker
1,814,591
Lottie Kendall
Compass - San Francisco, CA
Helping make your real estate dreams a reality

Hello Jill - Homeshare is a much-needed program, especially when one thinks of the large Baby Boomer population that is beginning to age.

In San Francisco we have a similar program called HomeMatch; neighboring San Mateo County also has a program. I hope the idea spreads, for the need is here.

Sep 09, 2019 06:41 PM #16
Rainmaker
2,522,499
Rebecca Gaujot, Realtor®
Vision Quest Realty - Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Hi Jill, Thanks to Patricia Feager, MBA, CRS, GRI,MRP for reposting this post.   I just posted a similar post on Caring.Com for West Virginia Seniors. 

Sep 09, 2019 07:34 PM #17
Rainmaker
760,757
Jill Sackler
Charles Rutenberg Realty Inc. 516-575-7500 - Long Beach, NY
LI South Shore Real Estate - Broker Associate

Kat Palmiotti I see loneliness as a tremendous issue in our culture and this could be one option that could potentially help some.

Dorie Dillard CRS GRI ABR I first heard about it many years ago but I don't think it really took off yet. Maybe, it's time has come.

Sep 10, 2019 09:26 AM #18
Rainmaker
760,757
Jill Sackler
Charles Rutenberg Realty Inc. 516-575-7500 - Long Beach, NY
LI South Shore Real Estate - Broker Associate

@judi barrett Proper precautions is absolutely necessary, like you said.

Lottie Kendall Happy to hear about your HomeMatch. Wondering if it's taken off.

Rebecca Gaujot, Realtor® I'll need to check it out because it seems that topic is coming up often.

 

Sep 10, 2019 09:31 AM #19
Ambassador
3,440,887
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Hi Jill! I love this and actually met with someone today who may be incredibly grateful to hear about this program. I saw a special on it and I do believe it was Australia where the story took place - it is one of those shows that hits your heart and you don't forget! Anyway, I am so thankful we have them here in the US and will be exploring this for my client from today. 

Thank you for sharing this!

Sep 14, 2019 10:04 PM #20
Rainmaker
760,757
Jill Sackler
Charles Rutenberg Realty Inc. 516-575-7500 - Long Beach, NY
LI South Shore Real Estate - Broker Associate

Debe Maxwell, CRS That is so great to hear that there was a special on it. You'll have to let us know how that goes with your client.

Sep 16, 2019 02:57 PM #21
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Long Island Living - Where Memories Are Made
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