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Baby boomers are ready to retire

By
Real Estate Agent

The year 2011 is going to see the retiring of  the first of the baby boomer generation those born between 1946 and 1964 they will turn 65.

A lot of boomers have been retiring early - age 50- and Port  Charlotte - Florida  between other cities in the state will continue to attract more of them.

One of the NAR's designation is the SRES- Seniors Real Estate - is a program that instructs realtors to ethically serve the industry and the needs of buyers 55 years and up.

I was on floor time when a couple with plans to retire in Florida visit the office looking for a Senior Real Estate professional. I decided to take the course this upcoming 2008.

The course consisits of two day classes with an 80% passing grade of the exam, be an active member of the NAR, and mantain an active membership in the SRES council with an annual membership fee of $ 99 .

During this year I completed two of my designations, the ABR ( I am still waiting for my certificate) and  Member of the Luxury Home Marketing. There is enough spare time to invest in designations.

73 million of boomers are ready, are you?

To learm more  go to www.sres.org

 

 

Comments(14)

Renee L. Norton
Birmingham, AL
I'm one of them...I don't know whether I should take the course or just retire!  I wish it could be the latter!
Dec 02, 2007 12:05 PM
Sylvia Williams
Reverse Mortgage Consultant - Elk Grove, CA
Ed.D
Good for you, Maria!   You are SO right.  The market is definitely moving toward the boomers.   I have a CSA designation (Certified Senior Advisor), which is broader and more general than the SRES, but it has helped me a lot with my business (reverse mortgages).  The SRES will set you apart as someone interested in senior issues.  Please visit my blog for senior issues related to reverse mortgages and real estate.  The reverse mortgage can help a senior purchase a home.  I would be happy to act as a resource for you......Sylvia
Dec 02, 2007 12:07 PM
Maria Boghi
Doral, FL
P.A., TRC, REO - Doral Pinecrest FL Real Esta

Renee : Good for you -go for the second one!! PS-The course if good too

Sylvia- Thanks for your comment- I will add you as an associate. Good Luck, Maria

Dec 02, 2007 12:12 PM
Eric Bouler
Gardner Realtors, Licensed in La. - New Orleans, LA
Listening to your Needs
I am one of them. It will change the market in ways that will suprise most of us. Let hope that most of us have saved for our retirement.
Dec 02, 2007 12:31 PM
Ron Parise
LocateHomes.com - Cape Coral, FL

The whole idea of creating a course to teach agents how to work with seniors I find just a little insulting.

You work with seniors, , boomers,  gen x and gen y The same. Treat everyone with respect and dignty, determine their needs and wants and help fulfill them.

Based on a guesstimate of your age based on your picture, Id advise that you treat me one of the first baby boomers, the same way you would want  another agent to treat your father. and Ill treat you the way I would expect another agent to treat my daughter,

Dec 02, 2007 12:42 PM
Trevor Ainsworth
Century 21 Jack Associates - Burlington, VT
Burlington Vermont Real Estate
looks like a great course. boomers already have a big hold of the market. lets hope the market rises a good deal by the 2011 selling season and keep the boomers buying.
Dec 02, 2007 12:44 PM
Sylvia Williams
Reverse Mortgage Consultant - Elk Grove, CA
Ed.D

I have GOT to comment on Ron's post.  He is SO right that every single human being should be treated with respect and dignity.  That is a "given".  And, yes - determining your client's needs and wants is also basic. 

However, each demographic (sorry, I hate to categorize people by demographics, but there ARE commonalities) is different and has its different issues.  Learning about senior issues is very important for ANY professional.  For Realtors and loan people (like me!), we have to be aware of what is important to them, how they think, what their life issues are, what their options are, how do they make decisions, etc.  Seniors ARE different from your twenty somethings......I shoud know....I AM one! 

So don't discourage Maria from being proactive and learning all she can.  Good for her!!  And, Ron, her age shouldn't make a wit of difference and is irrelevant.  Professionalism and goodness are ageless.

Sylvia

Dec 02, 2007 01:59 PM
Bonnie & Terry Westbrook
Westbrook Realty - Ada, MI
Grand Rapids MI Real Estate
I am a boomer and don't know if I will ever retire or will want to.  But I will want to travel more...don't know about the other 72,999,999....maybe they will call you.
Dec 02, 2007 03:25 PM
Maria Boghi
Doral, FL
P.A., TRC, REO - Doral Pinecrest FL Real Esta

Sylvia- Thanks again. You wrote want I want to say to Ron- needless to say age is not a factor for being more or less professional but still  look forward to  learn new skills. So far, at my late 40's I always look for perfectionism and tools to succeed-Best, Maria

 

Dec 02, 2007 10:16 PM
Ron Parise
LocateHomes.com - Cape Coral, FL

Sylvia

A comment to your comment...I think you made my point when you said: 

  And, Ron, her age shouldn't make a wit of difference and is irrelevant.  .

My age shouldnt matter either. and I think the point of the NAR designation and Maria's post is that it does

Thats all I was trying to say and I added that I think a course of study based on the assumption that age does make a difference is flawed

Generalizations can only get you in trouble. Is it true that  white men cant jump or dance, or that all Asians are better students, etc etc. . In my market there is a large Hispanic population. Except for learning how to speak Spanish, is there a course I can take to better capture a share of that market...I think not.  Each individual is different, all that they share is  a common language, And not even that all the time

 Yes there are differences between the various demographics (I find that I am watching the viagra ads closely now, you... maybe not so much) but I was trying to make the point that the differences within each demographic are more important. You need to get to know the individual and their needs. You cant approach each person within a certain demographic in the same way. 

Where I probably went to far in my comment is suggesting that NARs designations are for the most part a waste of time and money....I believe that for myself,,but I shouldnt be preaching that point of view here. If they give you confidence go for it.   Having said that I am investigating  CCIM and ALC designations. The big problem with the CCIM (and I say this with tongue planted firmly in cheek) is that it is a multi year course of study, and I may not have the stamina or I may even be dead before I  complete it ...remember Im old

Enough of my rantings here, Im going to write a blog on Prejudice in the Real Estate Business: Are you guilty? Are your Customers? but first I going to spend some time actually doing my business rather than writing about it

Dec 03, 2007 12:28 AM
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher
Maria, You already excel in your field and learning everything you can is always beneficial.  I wouldn't hesitate to take the course if I were a realtor, I want to learn as much as I can and believe I will always continue courses that I believe will benefit both my clients and myself.
Dec 03, 2007 12:44 AM
Maria Boghi
Doral, FL
P.A., TRC, REO - Doral Pinecrest FL Real Esta

Carole, 

There is always room for learning, and there is room always for newbies too!! Best, Maria

Dec 03, 2007 12:51 AM
Eric Kodner
Madeline Island Realty - La Pointe, WI
CRS, Madeline Island Realty, LaPointe, WI 54850 -
Let's hope that the retirement objectives of the boomers fuel a renewed interest in real estate purchases!
Dec 03, 2007 12:52 AM
Esko Kiuru
Bethesda, MD

Maria,

Those boomers retiring should give Florida and several other states, including Southern Nevada, a nice boost in real estate activity. It can be a productive niche market segment to focus on.

Dec 03, 2007 04:38 AM