Senior Real Estate Specialists
FACT: 1% of Realtors® in CALIFORNIA is qualified to work with Seniors.
As a Senior Real Estate Specialist I help seniors navigate the sale of their home by providing a patient, specialized, and compassionate one-stop service from start to finish. My full team eliminates all of the extra phone calls, interviewing, hiring, stress and costs that you’ll have to endure.
A Realtor who knows how to help seniors and their family through this transition of selling their home and downsizing is very important.
The National Association of Realtors created a special designation for Realtors who work with seniors. The Seniors Real Estate Specialist® (SRES) credentials guarantees that a Realtor has learned how to be the best best serve the needs of seniors who are selling their home.
To qualify, a licensed real estate agent must complete a training program that helps them learn more about the challenges of moving when retired.
What is Senior Real Estate Specialists (SRES) ?
A Senior Real Estate Specialist (SRES) is a real estate agent who has received specific training to better serve and address the needs of home buyers and sellers aged 50 and over. The SRES designation is awarded by the National Association of Realtors (NAR) to professionals who have completed its educational program tailored to seniors.
Importance:
Unique Needs: The senior demographic often has distinct requirements, preferences, and concerns when it comes to real estate transactions. This could be related to downsizing, relocating to an assisted living facility, or considering properties that are more manageable and accessible.
Financial Considerations: Seniors might have specific financial considerations like tapping into home equity, tax implications, or managing properties on a fixed income. SRES professionals are trained to navigate these intricacies.
Emotional Component: Selling a family home can be an emotional process for seniors, as it often involves leaving a place filled with memories. A trained specialist is sensitive to these emotions and can handle transactions with empathy and care.
Roles and Responsibilities:
Understanding the Market: SRES designees stay updated with market trends that specifically impact the senior demographic.
Network Building: An SRES typically has a network that includes elder law attorneys, CPAs, estate planners, and other service providers, helping to provide a comprehensive service to their senior clients.
Assessment: They help seniors assess the livability and adaptability of a home as they age, taking into consideration factors like accessibility and ease of mobility.
Communication: An SRES will communicate in a manner that’s considerate of the unique needs of older clients, ensuring that they fully understand every step of the buying or selling process.
Offering Options: From retirement communities to assisted living facilities or simply homes that are senior-friendly, an SRES provides a range of housing options suitable for the senior clientele.
Conclusion:
The Senior Real Estate Specialist designation represents a commitment to serve the senior demographic in their unique real estate needs. As the population continues to age, the demand for specialized services like those offered by an SRES is expected to grow.
