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Advice for older home buyers

Sorry if this is not the place for this.....I need to give good advice to my parents! My parents are both in their 80's and are suddenly facing the fact that they cannot stay in their house forever. There are steep stairs up to their bedroom and down to the basement laundry as well. They are well off (retired teachers both) and have over $1.5M saved and no debt and own their home.

A week ago out of the blue they told me they are seriously considering moving across the street to a larger house where the bedroom is on the first floor. They have already arranged the money (selling some equities) and are asking me for advice. I don't know what to tell them! I guess they need a buyer's agent right? Should that agent also help them sell their own home? They live in a small town with low property values and like their neighborhood. Their current home on zillow is valued at about 100K and the new house will be around $170K. This has all come up rather suddenly! I think I should support the and of course help them in any way--I live about 4 hours away and have a busy work and home life but of course I will do whatever I can! I told them I thought they should definitely hire someone to pack their stuff (they have a ton of stuff) and also get a dumpster for stuff they want to get rid of. I told them I would look into a good real estate agent for them (how do I find one?)

What else should we consider? I wonder if they are moving too quickly without considering all options--they could move out near me to assisted living type places perhaps (but I know nothing about them). But they seem to really like the place across the street and from the virtual tour it looks like it could be better suited for them at this point than their current place.

Help! What else should we consider?

submitted by /u/daddo_1
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source https://www.reddit.com/r/RealEstate/comments/cwuj8r/advice_for_older_home_buyers/
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