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

Written agreement in which the lessee pays rent to the lessor for the use of real property for a stated time period. An example is the tenant's rental of an apartment or office space. ...

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 ...

Board used when connected as a floor. It may also be used as a strip in a wall or door. ...

Restraining a person or business from denying an appropriate conveyance of property evidenced by a deed has given. ...

(1) Reconciling the records to show agreement. (2) Agreement of the records to physical amounts. ...

The term after-tax rate of return calculates an investor’s net return after income taxes. The calculation is used by many businesses and investors to determine their real earnings. ...

Monitoring and administrating a mortgage lien after it has been made. This may include monthly payments, record keeping, handing tax and insurance record, and foreclosure of property. A ...

Schedule which is part of Form 1040 showing income or loss from real estate transactions including net rental income (rental revenue less rental expenses). ...

The definition of acquisition cost in real estate is the total cost recorded by a company or individual pertinent to the purchasing of a property. This is the entire amount written down in ...

Popular Real Estate Questions