A move is a big decision, and if you’re a senior, it comes with even more financial and emotional stress. You have to think about things like your will, spouse, retirement budget, and where you want to go for your long-term care. You need a real estate agent who understands all these choices and can work with you to get what you want and need. A senior realtor is your best option, and there are plenty of agents in the Plano area who will work to give you the best experience during this time in your life.
When a real estate agent takes on additional training or goes through a certification process, they can become more qualified to work with senior clients. For Texas realtors, they can get two different qualifications, and some decide to get both. The first is the Senior Real Estate Specialist (SRES) offered by the National Association of Realtors. The second is the Certified Senior Housing Professional (CSHP) provided by the Senior Real Estate Institute. This certification isn’t offered in every state, but Texas does have it.
During their training, they will learn the ins and outs of the senior housing market as well as network with other professionals. These professionals might include people like elder law attorneys or social workers and even CPAs.
SRES and CSHP agents commonly work with adults that are 50 years and older. People ready to downsize an empty nest, working professionals looking to travel, and retirees about to move into assisted living facilities can benefit from these agents.
If you are ready to sell your house and move, then it’s time to talk with an SRES or CSHP agent. These agents understand all the financial ins and outs of relocating as a senior and will make sure to work within your budget, especially if it’s limited due to retirement. They can also handle the emotional side of the transaction and understand this is a stressful time in anyone's life especially a senior. Your agent will also assist you with things like reverse mortgages and other financial tools at your disposal.
If you need to update your home to make it easier to get around, a senior realtor can assist you in finding someone to add ramps to your stairs or add grab bars to your bathroom and other rooms. This service is also helpful if you have elderly parents who aren’t ready to move yet.
Senior real estate agents also have an extensive network of people they know that can benefit seniors. They can refer you to attorneys and CPAs to help you out, or they can work with your own attorney to make sure things like estate planning and benefits aren’t interrupted during this time.
It’s relatively simple to find an agent with SRES or CSHP qualifications. If you are set on using a particular agency, just ask for an SRES or CSHP agent. You can also look online to find CSHP agents through the Senior Real Estate Institute and SRES agents through the National Association of Realtors. For the National Association of Realtors site, just enter your zip code and search for nearby agencies. For example, the zip code 75086 came back with agents from MD Texas Realtors.
You might notice that in addition to their senior realtor qualifications, many agents have other qualifications too. This can be extremely helpful if you have other needs in addition to being a senior. There are agents equipped to handle foreclosures, green buildings, and military relocations. Just find an agent that will serve you and your needs best.
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