Seniors Real Estate Specialist
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__NOTOC__ The Seniors Real Estate Specialist (SRES) designation is awarded by the SRES Council to Realtors who have successfully completed coursework on the
real estate Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more general ...
needs of home buyers age 50+. Distinctive needs, factors, and considerations for this segment of the population include: *
Housing for Older Persons Act The Housing for Older Persons Act of 1995 (HOPA) () amends Title VIII of the Civil Rights Act of 1968 (Fair Housing Act). The consolidated Act is administered by the U.S. Department of Housing and Urban Development (HUD). The law was signed by Pre ...
(HOPA) *
reverse mortgage A reverse mortgage is a mortgage loan, usually secured by a residential property, that enables the borrower to access the unencumbered value of the property. The loans are typically promoted to older homeowners and typically do not require monthl ...
s * pensions,
401(k) In the United States, a 401(k) plan is an employer-sponsored, defined-contribution, personal pension (savings) account, as defined in subsection 401(k) of the U.S. Internal Revenue Code. Periodical employee contributions come directly out of the ...
accounts, and
IRA Ira or IRA may refer to: *Ira (name), a Hebrew, Sanskrit, Russian or Finnish language personal name *Ira (surname), a rare Estonian and some other language family name *Iran, UNDP code IRA Law *Indian Reorganization Act of 1934, US, on status of ...
* Medicare,
Medicaid Medicaid in the United States is a federal and state program that helps with healthcare costs for some people with limited income and resources. Medicaid also offers benefits not normally covered by Medicare, including nursing home care and per ...
, and
Social Security Welfare, or commonly social welfare, is a type of government support intended to ensure that members of a society can meet basic human needs such as food and shelter. Social security may either be synonymous with welfare, or refer specifical ...
* mortgage finance and loan schemes and scams


History

* 1997 - created by the Senior Advantage Real Estate Council * March 2007 - recognized by the National Association of Realtors


See also

* Real estate professional designations


References


External links


SRES Home Page
{{Real estate Real estate in the United States Professional titles and certifications