Your home is not only a financial asset but tied into your emotions and many of your memories. If you’re a senior who is looking to downsize or move, you might feel overwhelmed by not only all the financial aspects of working on a limited budget, making sure you have enough money for retirement and estate planning, or moving into a new community, but the emotional tie you have to your home. That is where a senior realtor can be a big benefit because they know how to handle all these aspects of moving and there are a lot of options here in Mesa.
You might not have heard of a senior realtor before but they are relatively common. They are real estate agents that have gone through some extra training to handle the specific needs of their older clients. Agents can add a few extra courses onto their traditional real estate training and become Senior Real Estate Specialists through the National Association of Realtors, or they can get the Certified Senior Housing Professional certification through the Senior Real Estate Institute. Some agents in Arizona might have both certifications, but only some states offer the CSHP certification.
These agents will often work in close collaboration with other professionals that help senior clients. Social workers, CPAs, and elder law attorneys are often experienced in many of the facets of senior living and can help out when needed.
Senior realtors work with clients that are 50 years old or older. Clients can include a wide variety of adults including retirees, empty nesters, and even those still going strong in their place of work. All of these people can benefit from working with a senior realtor when it comes to moving and purchasing a new home.
If you’re ready to move from your current home and need to work within a limited retirement budget, then you should consider a senior realtor. Your agent will be able to keep to your budget, take into account factors like estate planning and long-term care options, and help you understand all the financial ins and outs of selling or buying a house, like reverse mortgages.
Even if you aren’t in the market to buy or sell a house, a senior realtor can be helpful. If you need to modify your house or your parent’s house to make it safer or more accessible, this type of agent can help you find people who will install things like grab bars or wheelchair ramps.
An SRES or a CSHP can also make sure they work with your attorney or tax specialist to keep things like estate planning, heirs, and tax-reduction plans in mind.
You can always ask your friends and neighbors if they know any real estate agents that have an SRES or CSHP; if they don’t have any recommendations, check online. The Senior Real Estate Institute allows you to search for CSHP agents by state and the National Association of Realtors has a search tool as well. All you need to do is enter a zip code and your city to look for agents near you.
For example, in Mesa, you can find agents at places like West USA Realty, DPR Realty, and Golden Circle Real Estate. There are at least a dozen agents that have senior realtor qualifications. They might also have additional certifications like green building, military moving, or foreclosure to help you find the house and neighborhood that fits your needs.
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