SRES (Senior Real Estate Specialist)
Who Are the Seniors Real Estate SpecialistsŪ?
Seniors Real Estate SpecialistsŪ are REALTORSŪ qualified to address the needs of home buyers and sellers age 50+. The SRESŪ Council awards the SRESŪ Designation to those members who have successfully completed its education program.
By earning the SRESŪ designation, your REALTORŪ has demonstrated necessary knowledge and expertise to counsel clients age 50-plus through major financial and lifestyle transitions involved in relocating, refinancing, or selling the family home. Your REALTORŪ has received special training, gets regular updates, and is prepared to offer the options and information needed in making life changing decisions.
How Can a Seniors Real Estate SpecialistŪ Help Me?
An SRESŪ designee can help you make wise decisions about selling the family home, financing, buying rental property, or managing the capital gains and tax implications of owning real estate, among many other issues. In addition to guiding clients to the right experts on tax laws, probate, estate planning, and a variety of equity conversion strategies, Seniors Real Estate SpecialistsŪ can offer clients relevant information on current trends in senior real estate transactions.
The SRESŪ Designation course seeks to instill each student with the knowledge and understanding of, and empathy for, 50+ real estate clients and customers, while educating students on developing the business building skills and resources needed for specialization in the 50-plus real estate market.
Your SRES Designee has:
- learned the application of federal laws for Housing for Older Persons Act (HOPA).
- adopted methods for counseling the 50+ buyer and sellers
- committed his/herself to focus on the transaction and avoid inappropriate involvement in family matters
- developed sensitivities to 50+ issues on priorities when counseling buyers and sellers, showing properties, and managing transactions
- established reputable services that win and sustain client and customer relationships and position his/herself as a trusted real estate advisor
- assembled a team of experts to help serve 50+ clients and customers
- been educated on the uses, benefits, procedures, and issues involved in reverse mortgages
- learned about the uses of pensions, 401k accounts, and IRAs in real estate transactions
- gained an understanding of how Medicare, Medicaid, and Social Security impact 50+ real estate decisions
- the ability to help clients integrate disposition of real property into estate plans
- the knowledge to recognize mortgage finance and loan schemes and scams that victimize 50+ borrowers
A national program since 1998, the council now has Seniors Real Estate SpecialistsŪ in all 50 states and Canada and adds hundreds of new members every month.
SRES members are not qualified to give legal or tax advice and the SRES Council does not guarantee the accuracy of its members’ information. All clients are strongly urged to contact a real estate attorney or certified public accountant to obtain legal or tax advice.