Picking a retirement home in Oakville is difficult enough, but when you have to worry about what will happen to any property you own, it gets more complex. This is why the Real-Estate Institute of Canada has a course to teach agents to become Senior Real-Estate Specialists (SRES).
What is a Senior Real-Estate Specialist?
As the name suggests, they are real-estate agents that have undergone specific training to understand the needs that buyers and sellers above 60 may have. This includes, but is not limited to:
- Building a network of professionals to help with transitions to a senior independent living residence.
- The intricacies of Canadian Old Age Pensions and how it can impact real-estate decisions.
- Recognizing exploitative and predatory mortgage and loan options.
- Identifying and understanding key stages in life and the needs that come with them.
This training is geared towards those above 60 who are looking for another house, as well as those who are looking to sell their house and find their next home with a retirement residence. An important aspect of this training is building a network of other professionals that can help with every part of this transition. These networks often include:
- Accountants
- Lawyers
- Financial Planners
- Downsizers
What Are the Advantages to Having a Specialist Help with a Move to a Retirement Residence?
Customized Approach
An SRES has significant training in any concerns a buyer or seller over the age of 60 may have while navigating the real estate market and will know how to identify their clients’ specific needs and tailor their methods to their situation.
Specific and Local Knowledge
If you or a loved one are looking to move to a retirement home in Oakville, an SRES can recommend residences that they know are high-quality and help you make the decision that best supports your needs.
Financial Advice
An SRES learns about the different options that older adults have to help reduce expenses associated with moving, as well as ways to acquire further funds, create or delay modes of income, or get financial aid when it’s needed at a later date.
Referral Network
If your SRES doesn’t have the answers you need while you are trying to sell your home and transition to senior independent living, they will know a professional who will have the answers you need.
Find Your Next Home at Queens Avenue Retirement Residence
If you’re still not sure where you want to enjoy your retirement, we invite you to take our virtual tour or to contact us at (905) 815-0862 xt 224 to learn more or to book an in-person tour.