Thursday, August 02, 2007

Senior Citizens Across USA Catered For Thanks To SAREC - The Senior Advantage Real Estate Council

SAREC was established to meet the real estate related needs of senior citizens across the USA.

One way the Senior Advantage Real Estate Council achieves its goal is by offering a specific designation for real estate agents specializing in properties for senior citizens. The SAREC designation is Seniors Real Estate Specialists, or SRES for short.

To qualify for the SRES designation, real estate agents need to have successfully completed the Senior Advantage Real Estate Council education program.

As part of the SRES process the Realtor will need to demonstrate the essential knowledge and expertise required for dealing with senior citizens in various real estate transactions. This will involve showing competence in helping senior clients through major financial and lifestyle transitions involved in relocating, refinancing, or selling the family home.

As well as assisting seniors with the process of selling the family home, SRES designees need to be able to offer wisdom on matters such as: buying rental property, 30 financing, or managing the capital gains and tax implications of owning real estate.

Seniors Real Estate Specialists need to be aware of trends affecting senior's real estate transactions and be able to advise accordingly. In many cases the SRES designee will refer seniors to other real estate professionals such as an Attorney and Certified Public Accountant (CPA) specializing in senior clientèle issues.

Seniors Real Estate Specialists (SRES) members are required to be members of the National Association of Realtors.

The Senior Advantage Real Estate Council website is http://www.seniorsrealestate.com

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