Senior Real Estate Specialist (SRES) V.2

Content
4 modules

Difficulty
Intermediate

Rating

Course Length
12 hours

Instructor
REALTORS Real Estate School

Price
$280 - 305

Description

The SRES® Designation course seeks to instill knowledge and understanding of and empathy for 50+ real estate clients and customers. Develop the business building skills and resources needed for specialization in the 50+ real estate market.

 

8 Hours Elective CE Credit

 

By purchasing this course, you acknowledge and accept CAR's school policies. Click here to view the school policies. 

Objectives

GENERATE LEADS:

  1. Learn distinguishing characteristics and trends of the 50+ market so that you can discern them in your own market area.

  2. Evaluate your market area attractiveness to the 50+ market.

  3. Develop business building outreach methods for communicating and gaining 50+ market share.

 

WORK WITH FAMILIES:

  1. Master the vocabulary of the range of housing options for the 50+ market.

  2. Adapt methods for counseling the 50+ buyer and sellers.

  3. Stay focused on the transaction and avoid inappropriate involvement in family matters.

  4. Develop sensitivities to 50+ issues and priorities when counseling buyers and sellers, showing properties and managing transactions.

  5. Recognize how a home can be adapted for safety, comfort, and aging in place.

  6. Help clients integrate disposition of real property into estate plans.

 

NETWORK WITH RESOURCES:

  1. Learn the application of federal laws for Housing for Older Persons Act (HOPA).

  2. Develop services that win and sustain client and customer relationships and position you as a trusted real estate advisor.

  3. Assemble a team of experts to help you serve 50+ clients and customers.

  4. Learn about the uses, benefits, procedures, and issues involved in reverse mortgages.

  5. Learn about uses of pensions, 401k accounts, and IRAs in real estate transactions.

  6. Gain an understanding of how Medicare, Medicaid, and Social Security impact 50+ real estate decisions.

  7. Recognize mortgage finance and loan schemes and scams that victimize 50+ borrowers.

  8. Identify key life stages, viewpoints, and transitions in relation to housing choice

 


SRES Designation Requirements

Three (3) requirements must be met to attain and use the SRES® Designation. The SRES course counts an elective course for the ABR Designation.

  1. Successful completion of the two-day SRES® Designation Course, including an 80% passing grade on the exam.

  2. Maintain active membership in the National Association of REALTORS®.

  3. Maintain active membership in the SRES® Council. The first year membership is included with the SRES® Designation course. However, every year thereafter will require payment of annual dues.

Learning Credits

CEU
8.0
1.

Live Webinar - May 15-18, 2023

2.
Course Webinar Link
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3.
Student Manual
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4.
REQUIRED: Course Survey
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By signing up for a course provided or offered by the Chicago Association of REALTORS® or any of its officers, employees, partners, agents, affiliates, or independent contractors (collectively, “Association”), you accept and agree to abide by the following terms, conditions, and disclaimers as well as the Chicago Association of REALTORS®’ Policy Manual and all other policies, terms, and conditions of the Association (collectively, “Policies”), which Policies may be amended from time to time: 

1. You agree to act and dress in a professional manner at all times while participating in a course. This includes when participating in online courses. You agree not to disrupt any courses, the Association, its instructors, or other students.  To avoid disruption, you agree to be on time to all courses unless you have notified the instructor in advance.  The Association may remove you from the course at any time, if, in the sole discretion of the Association, you violate any of the Policies; are disruptive to the course, the Association, its instructors, or other students. 

2. You may not record or photograph any course without the prior written permission of the Association. 

3. You agree that when participating in an in-person course or on Association property that you will follow all health requirements and directives from the Association.  You also agree not to come to an in-person class if you have or suspect that you may have a contagious illness. 

4. You give permission to the Association to record and take photographs of you during your participation in all courses, to use the recordings and photographs for Association promotional materials, and to replay and share any videos or Zoom recordings of the courses. 

5. The payment of any fees for a course is due prior to commencement of a course unless otherwise provided by the Association.  The Association has the right to deny you entrance to a course in the event that you have not paid for the course in full prior to the commencement of the course. The eligibility for any refunds shall be governed by the terms of the Association’s Policy Manual. Registration for a course is not transferable. 

6. You acknowledge and agree that the Association may share information about your participation and attendance at a course, as well as the results of any examinations conducted as part of a course, with your managing broker and any others as deemed reasonably necessary by the Association.  

7. While the Association will try to avoid doing so, the Association reserves the right to cancel or reschedule a course as the Association deems necessary or prudent for any reason, including if an insufficient number of students enroll in a course.  In the event that the Association cancels or reschedules a course, you may be entitled to a refund in accordance with the Association’s refund policies. 

8. The course materials are the intellectual property of the Association and are subject to copyright.  Unauthorized use or distribution of course materials may violate applicable copyright, trademark, or other intellectual property laws.  You may not reproduce, republished, distributed, sell, or transfer the course materials without the express advanced written permission of the Association. The Association provides the course materials solely for informational purposes only. 

9. The Association will endeavor to provide you an excellent, professional, and positive education experience.  However, the Association provides the courses and course materials “as-is” and makes no warranties of any kind with regard to the courses, instructors and quality of instruction, or course materials, including any warranties of merchantability or fitness for a particular purpose, whether express, implied, statutory or otherwise. The Association does not guarantee, for example, that you will pass any exams for licensure by taking Association courses. 

10. You agree to indemnify, hold harmless and, at the Association’s option, defend the Association, its affiliates, and their respective officers, employees, attorneys, and agents to the fullest extent of the law from any and all damage, costs, loss, risk, liability, and expense (including attorneys’ fees and costs) from claims that may be asserted at any time against any of those parties in connection with your participation in the Association’s courses, use of the course materials,  or violation of the Association’s Policies; provided, however, that this indemnity does not, and will not, apply to the sole negligence on the part of the Association.  YOU ALSO HEREBY WAIVE ANY RIGHTS TO (I) MONETARY DAMAGES THAT ARE IN EXCESS OF THE FEES PAID BY YOU TO THE ASSOCIATION FOR THE COURSE AT ISSUE AND (II) INDIRECT, SPECIAL, INCIDENTAL, OR CONSEQUENTIAL DAMAGES AGAINST THE ASSOCIATION. 

11. The Polices and your agreement to abide by them shall be governed by the laws of the State of Illinois without regard to conflict of law principles, and in the event that you bring any claims against the Association, you shall submit to the exclusive jurisdiction of the Circuit Court of Cook County, Illinois. 

12. If any term, condition, or provision of these terms and conditions or other Policies is held by a court of competent jurisdiction to be invalid, void, or unenforceable, you agree the remainder of these terms and conditions and other Policies shall remain in effect.

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