Month: February 2019
What’s an SRES?
I love being a resource to all my clients! From first-time home buyers to last-time home sellers. I’ve had the opportunity to work with clients who are in all stages of the home buying and selling process and I was reflecting this morning on how often I have the opportunity to help clients at both end of the spectrum of housing needs.
A few years ago, I took the opportunity to earn my Senior Real Estate Specialist designation. The Seniors Real Estate Specialist designation is awarded by the SRES Council to Realtors who have successfully completed coursework on the real estate needs of home buyers age 50+. SRES® candidates must successfully complete additional coursework to understand such topics as reverse mortgages and the federal Housing for Older Persons Act (HOPA) as well as how Medicaid, Medicare and Social Security impact real estate decisions.
They also are educated to create a customized approach to each situation: older homeowners planning life after retirement, transitioning from retirement with a companion to life alone or contemplating selling the family home.
They are the center of a network of specialists like estate planners, elder-care attorneys and CPAs who can offer invaluable guidance to seniors deciding how best to manage this stage in their life.