Retired Americans grew up in a different time. Instead of today’s world of self-service, where we scan our own groceries and never know the name of our bank manager, seniors tend to prefer more personalized service from a real person. Purchasing a home is undoubtedly one of the largest transactions you will ever make, so it’s, even more, important to work with someone who is going to provide the type of service you want and make you feel comfortable and confident.
A Senior Real Estate Specialist®, or SRES®, is a realtor who specializes in real estate transactions for seniors. There are many benefits and advantages to using an SRES®. Some of the most significant features include:
They Understand the Unique Needs of Senior Clients
If we use a doctor as an example, an SRES® would be like a doctor who has a specialization like a neurologist or a cardiologist. Although they are qualified to do the same things as all other real estate agents, an SRES® must go through specific training to be able to specialize in the unique needs and challenges facing senior buyers.
For instance, they must learn about reverse mortgages, Medicare, Medicaid, and the federal Housing for Older Persons Act. Additionally, SRES® agents learn about Social Security and other factors that could impact home buying and real estate for seniors.
More Than a Real Estate Agent
SRES® agents are more than your average real estate agent. They fall into the same category as estate planners, CPAs, and eldercare attorneys who help seniors transition from working to retirement and beyond. Your SRES® will act as a trusted advisor for you and your partner, offering solid advice and trustworthy recommendations you can count on.
They help make the transition into retired life easier and more streamlined, whether you are looking to downsize from your family home or move to a retirement community, an SRES® can help with more than simply signing the paperwork for your new home.
They Offer Reliable Referrals
Selling the family home or moving into a retirement community can be stressful if you don’t know where to start. With generations of family members pushing and pulling you in multiple directions, you may feel overwhelmed. An SRES® can simplify things, making recommendations and putting seniors in contact with other specialists that can help their transition.
Some of these specialists include an age-in-place specialist if you are choosing to stay in your home, geriatric care managers, reverse mortgage counselors, de-clutter specialists, and more. An SRES® will also have an understanding of government programs that seniors can take advantage of to make their transition smoother.
Whether you are looking for a new home for retirement in Santa Cruz or you wish to move into a retirement community or age-in-place, an SRES® can help with all your real estate needs. For more information on retirement real estate in Santa Cruz, call My Santa Cruz Real Estate at 800-226-4717 today.Posted by Lauren Spencer on