It can be a big deal to buy or sell a home, not just financially but emotionally as well. This is often the case for seniors because they have to think about things like their retirement, budgets, estate planning, long-term care, and deal with the emotional stress leaving a long time home might cause. That’s why it’s important to work with a realtor that understands all of these complex needs and can assist you in any way possible to get what you need. A senior realtor can do all of this and more, and Savannah is a good place to look for one.
A senior realtor doesn’t just mean an agent who has been at a company for a long time but refers to special qualifications they have received that make them more helpful to senior clients. There are two ways that real estate agents can become senior realtors and one way, Certified Senior Housing Professional (CSHP) through the Senior Real Estate Institute, is not offered in Georgia. The National Association of Realtors offers a Senior Real Estate Specialist (SRES) certification that agents can get by adding a few extra courses onto their training.
Through this training, agents will be able to learn all the different financial and emotional aspects of the senior real estate market as well as get a chance to work with other professionals that are unique to the elderly. People like social workers, attorneys, and CPAs all network with each other and can be a significant benefit to a senior realtor’s clients.
SRES and CSHP agents work best for customers that are 50 or older. This is a wide range of adults from retirees who are looking to move into a retirement community to adults that are at the height of their career and not ready to retire.
Obviously, if you’re a senior thinking about moving, that is the optimal time to use a senior realtor. You might have to keep to a rigid budget due to retirement or might be right in the middle of estate planning when you decide to move, and a good agent will keep all of those factors in mind. They can also teach you about things like reverse mortgages so you can get the most from your money and make educated choices.
Senior realtors can be helpful even if you aren’t ready to move yet. If you still want to stay in your house but need to make it a little easier to get around, a senior realtor can help you find people to install ramps, grab bars, or even chair lifts. This is a good option if you’re concerned about your elderly parents.
Another benefit to using a senior realtor is that because they work with professionals like attorneys and accountants, they will make sure your estate planning or Social Security benefits work within your move. They can also refer you to these people if you need to use their services.
Finding a senior realtor might seem tricky, but it isn’t too hard. If you have friends or neighbors who have recently moved, ask them for recommendations. If you already know an agent, ask if they have SRES qualifications or if anyone at their company is certified. The National Association of Realtors also has an online directory that you can use to search your city, surrounding neighborhoods, or the whole state.
You might also be able to find an agent that has multiple certifications to make buying or selling a house a little easier. Some of these certifications could include military relocation, foreclosures, and international real estate. Consider your needs and then search for a senior real estate agent that will best suit your life.
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