Senior Real Estate

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Real Estate

Created by the National Association of Realtors, a Seniors Real Estate Specialist (or SRES) is specifically trained for the challenges and situations that clients age fifty and over face, including cultivating a network of related senior specialists in fields such as estate planning and tax counseling so that the SRES can provide a truly outstanding client experience. Agents who gain the SRES designation have to complete a set of training courses on senior real estate challenges and needs. SRES agents are trained in no-pressure approaches to senior real estate needs, including suggesting housing alternatives to buying a new home or ways that a senior may be able to age in place instead of downsizing or making other moves. SRES professionals are also trained to identify senior resources in communities to help people find the best community fit, should they decide that moving is the right option for them.

An SRES understands senior housing options

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Source: Getty.

SRES designees are trained in all of the options for senior housing available. Much more than simply aging in place in your current home or moving to an assisted living facility or retirement home, there are vibrant options for today’s seniors. Additional options include things like planned senior communities with new homes designed for the needs of seniors. These communities also have access to extra services seniors may need such as senior-friendly exercise opportunities and transportation. SRES agents are also trained in understanding the requirements of the Housing for Older Persons Act (HOPA) that sets forth guidelines and exemptions on housing developments and communities targeted towards seniors. Part of understanding senior-specific housing is knowing the type of features that seniors will eventually need in a home. An SRES knows which housing communities have homes built under Universal Design tenants–homes designed with the changing needs of seniors in mind. Universal Design includes things such as no step entries, one story floor plans, wider doorways, open floor plans with extra floor space, senior-friendly bathrooms, and more features designed to help seniors live comfortably in their own homes.