Happy Senior Citizens Day!
I became a Seniors Real Estate Specialist (SRES) several years ago, and I’m finding this designation to be very helpful in my real estate practice.
As I became older, and as my mother began making choices about where to live after age 75, I saw the importance of incorporating the specialized training and resources necessary to help clients of 50 and older with their real estate choices.
I’m finding the expertise beneficial all the time – for friends who are trying to help their aging parents. and as they, themselves, are beginning to plan for their retirement.
Whether aging in place, downsizing, or moving to an active senior community- an SRES Realtor is best equipped to help clients make a smooth and successful real estate transaction.
The SRES Website describes the benefits this way:
A Seniors Real Estate Specialist® is experienced and knowledgeable in meeting your specific needs and that can make all the difference in the world.
As we age, we demand specialists in our health needs, so why not in our housing and equity needs as well? An SRES® brings:
- A customized approach to your situation, working to fit your living situation in with your overall life plan
- Expertise and patience throughout the transaction
- An awareness of options and a network of solid, reliable referrals to help you in the process
- A variety of choices to reduce out of pocket expenses, gain cash, or create or defer income streams to either stay independent or obtain financial assistance
A recent New York Times Article explains the specialty in their recent article, “Real Estate Agents for Older Adults are Part Broker, Part Therapist.” (an aside- I believe this is true for all real estate transactions, not just for older citizens!) Mentioned in the article are the following points:
- The huge emotional experience of selling one’s lifetime home (this often creates an identity crisis of sorts),
- The senior’s denial of the need for supervision/health care, due to illness, memory challenges, and/or frailty,
- Today’s popular desire for “aging in place,” where seniors live in their own residences independently, and
- Family relationship stresses – adult children wanting to help, often from miles away- with senior parents unwilling to take the “suggested” next steps.
I have helped several seniors as they sort through belongings, sell their lifetime home, and move into the next phase. It’s an honor to help my friends’ parents, my neighbors, and new senior clients as they navigate this transition.
If you have any questions about your own situation, or your parents’ future move, please call me and let’s talk!