The Senior Real Estate Specialist® designation is approved by the National
Association of REALTORS®
Real estate licensees who want to specialize in the real estate needs of maturing Americans are earning the Seniors Real Estate Specialist
(SRES®) designation by taking the new SRES® course designed and conferred by the Real Estate Buyer's Agent Council of the National Association of REALTORS®.
REBAC®, which originated and issues the
Accredited Buyer Representative (ABR®) designation, is a division of the National
Association of REALTORS® (NAR®), and has NAR®'s support and backing.
The SRES designation was originally developed by the Senior Advantage Real Estate Council
in 1997 to focus on the needs of home buyers and sellers aged 50 and older. It became an official member of the NAR family of designations in March 2007.
The SRES course includes topics such as distinguishing characteristics and trends related to the 50+ population; housing, finance, and retirement income considerations of these consumers; outreach methods for building 50 and older clientele; and counseling strategies to help clients and customers plan ahead for life transitions. Participants can learn:
- Key differences in housing options, from age-restricted communities to age-in-place design to assisted living;
- Applications of the Housing for Older Persons Act (HOPA);
- Ins and outs of reverse mortgages;
- How to use pensions, 401k accounts, and IRAs in real estate transactions;
- Ways in which Medicare, Medicaid, and Social Security affect real estate decisions of clients and customers who are 50 and older;
- How to recognize and protect their clients from mortgage finance and loan schemes and scams that target 50+ borrowers.
REBAC® is the nation’s largest association of real estate and relocation
professionals, addressing all aspects of real estate buyer representation.
Who are its members?
They are real estate brokers and salespersons, interested in integrating buyer
agency services into their day-to-day real estate operations. They are
single agency practitioners offering exclusive representation for buyers
and sellers. And they are professionals interested in staying ahead of
the trends and directions of the real estate market.
Back to SRES Menu |