Press Release
For Immediate Release
Los Gatos, CA — September 26,2025 — Sebastian Frey, Broker Associate with Compass Silicon Valley, is proud to share the news of a groundbreaking expansion of the Compass Concierge program: funds can now be used not only for preparing and staging homes for sale but also to cover the first few months of rent and community fees (“move-in fees”) at assisted living communities. In the Bay Area, where those upfront costs can easily reach $10,000–$25,000 or more, this new option is poised to be a lifeline for families navigating one of life’s most difficult transitions.
Each year, thousands of Bay Area families are faced with the sudden need to move an aging parent or loved one into assisted living. According to the National Center for Assisted Living, nearly 60% of moves into assisted living are prompted by a health crisis—a fall, hospitalization, or rapid decline in ability to live safely at home. These transitions often happen with little warning, leaving families scrambling to secure care while also facing daunting financial hurdles.
In Silicon Valley and across the Bay Area, the median cost of assisted living can easily run upwards of $7,500 per month and more, and most assisted living communities have community fees ranging from $5,000 to $10,000 due at move-in. Many families, even those who own valuable homes, simply do not have tens of thousands of dollars readily available. Compass Concierge’s new coverage means homeowners can now bridge that gap, accessing their home equity upfront to cover critical move-in costs—without interest or upfront payments—while preparing their home for sale.
“This is truly a godsend for families in crisis,” said Seb Frey, a local REALTOR® and Seasoned Living Strategist with Compass Silicon Valley. “When a loved one suddenly needs assisted living, the last thing families should worry about is how to come up with $20,000 overnight. With this expansion of Compass Concierge, families in Silicon Valley and the Bay Area can secure the right care immediately, while we work together to sell the home and unlock the rest of their equity.”
The implications are enormous. Instead of delaying care or resorting to high-interest credit cards or emergency loans, families can now make swift, confident decisions during an emotional and stressful time. By leveraging Concierge funds for move-in expenses, seniors gain quicker access to the care they need, and families gain peace of mind knowing they won’t be financially blindsided.
This expansion underscores Compass’s commitment to innovation and to meeting the real-world needs of clients—especially older homeowners and their families.
About Compass Concierge
Compass Concierge is a program designed to help homeowners maximize the value of their property. It works by allowing homeowners to tap into their home equity before the home is sold, with Compass fronting the costs of home improvements, staging, repairs, and market preparation—with no upfront fees, and for amounts under $50,000, with no interest charged. Funds are repaid when the home sells. Since launching, Concierge has helped thousands of clients maximize the value of their property by making it show-ready for buyers.
In the Silicon Valley region, the Compass Concierge program may advance as much as $100,000 to homeowners, if they qualify, based on the region their home is located in and the amount of equity. Qualification is simple; the application is done online and takes only a few minutes. The amount of home equity, rather than income, is a primary determinant of approval. Approval typically takes just one business day, and the funds are available immediately upon approval.
Homeowners and their families who are interested in utilizing this program are encouraged to contact Seb Frey (below) for further information.
With this expansion, Compass Concierge funds can now be used to pay for the first few months of assisted living rent and community fees, making it easier for families to act quickly when circumstances demand immediate care.
Media Contact:
Seb Frey, REALTOR® | Compass Silicon Valley
Phone: 408-596-1623
Email: sebfrey at sebfrey.com
Website: SebFrey.com, TeamSixtyPlus.com
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