Hello, Realtors!

Welcome to the page we've designed specifically for YOU to help you best serve your clients that may have interest in living in one of our Gracewin Cooperative communities.


We are strong believers in the value that a knowledgeable realtor provides during the home-buying and selling process; both of which are happening a high percentage of the time when people are considering a move to an active aging community.  As a trusted advisor to your clients you understand - perhaps more than anyone - that this lifestyle change is often accompanied by a myriad of emotions, particularly when driven by necessity.  We are here to help support you and your client(s) by providing resources and information as you work to navigate through this change.

KEY POINTS ABOUT SENIOR COOPERATIVES


  1. Gracewin Staff work for the Developer, and are not competing for your client's business and relationship.
    Although the Gracewin team will navigate your client through the cooperative purchasing journey, including completing all of the necessary paperwork, we are not realtors. Our expertise lies within the senior living cooperative space, and our role is to support, collaborate, and educate (where needed) the other trusted advisors within our future member's circles.  This means that we regularly interact with family members, financial advisors, legal counsel, and especially realtors!  We are all on the same team, working together for the benefit of seniors that are ready - or need - to make a lifestyle change and move out of their single-family home.

  2. These sales are not real estate transactions. 
    While residents of cooperatives receive the same tax and financial benefits, they are not a real estate transaction. Instead, members purchase a share in the cooperative corporation, with the right to occupy one unit in the building.  This is equal to one share in the corporation, with each unit having voting rights in corporation decisions. By definition, cooperative shares are personal property, and rather than having a Title to one's home, cooperative members are in possession of a Membership Certificate.

  3. Purchasing members set their own share investment.
    Gracewin offers tiered pricing options for the initial share payment. The more paid at initial investment, the lower the subsequent monthly fee.  The monthly fees are all-inclusive and include the members' share of the master mortgage, property taxes, insurance, most utilities, and maintenance. 
    (See printable resources below for breakdown)  This monthly fee is reviewed annually and adjusted for actual expenses incurred by the cooperative.  Cooperative members enjoy living at cost without markup because the building, the land, and all of the common assets within are wholly-owned by the members themselves. There is no landlord operating a business in need of making a profit. 

  4. Subsequent resale of member share is simple!
    When the time comes for a member to vacate, the sale of the share is simplified.  There are no real estate listings, inspections, or title work. Instead, the property manager manages the legal transfer of the share to the next party - working with our waiting list, existing residents, and the like to find a new buyer for the share.  Current members will receive a 1-2% equity gain on their initial share investment.

  5. There are multiple floor plans and unit finishing styles available.
    To learn more about the units currently available, visit the links below for each location. 


Have questions? 

Lisa Anteau, Head of Sales and Marketing

lisa@gracewinliving.com

(855) 472-2396


Referring a Client to Gracewin Cooperatives


**Coming Soon - The process, service your clients will receive, and opportunities for realtors to be compensated for your time. **


Videos

Gracewin Cooperative - Active Living for Todays Modern Senior

Meet Leo

Meet Fred & Pat

Meet Mary

Meet Eddie & Val

More Gracewin videos are available on YouTube here.


Unit Renderings (All Locations)

The following renderings are for illustrative purposes only. They are intended to show the design intent of finishes offered. Such finishes are subject to change without notice. Decorative furnishings are for illustrative purposes only.


Click on an image below to see a rendering series for that unit model and style. 


PRINTABLE RESOURCES

(General information, not location-specific)


Location-Specific Details and Printable Resources

Resources for Northfield, MN


Resources for Bemidji, MN


Bird Identification (Just for fun!)

 From left to right: warbler, starling, cardinal, sparrow, goldfinch, bluebird, chickadee, robin

photo illustration of 8 bird types