Considering our nation's current economic woes, it's not hard to hear discussions about falling home prices and the glut of un-sold homes...
In fact, you'd almost think that's the ONLY thing happening in the real estate world right now.
But there's another big thing happening in real estate, and you'd do well to pay attention to it.
I'm talking about a rising interest in real estate professionals that specialize in senior concerns.
Demand is growing for RE professionals who understand the unique needs and services needed when our elderly need to downsize, sell their home or re-locate.
In-demand titles such as "Senior Move Manager," Certified Relocation Transition Specialist(CRTS)," 'Certified Senior Advisor (CSA)," and "Seniors Real Estate Specialist," are top priority for more and more companies.
Someone's got to know how to help the elderly figure out how they're going to switch from living in a 2,500 sqft. home (or bigger, depending on how "large" they were living,) down to a 750 sqft. place.
What exactly needs to be done? How? When? What next? All of it.
With a significant portion of our citizens getting older, the need for solutions to issues that arise from this, also swells.
How does this apply to home renovators, REI's and "flippers?"
Well when making your plans and repairs, it can benefit you greatly to understand the new needs/demands, and how this affects how and when you will sell the homes you are repairing/renovating.
Things like widening doorways and other pathways; overall accessibility and "space" issues are now more important than ever.
Plus, since these senior service representatives are also essentially your customer too, it can help you to have this insight.
There's no shrinking market ahead; only a growing one. So it'll be interesting to see where this issues goes....
Posted Aug 26,2008 by Alicia to the Members Forum at www.howtorenovatehouses.com
Sunday, January 11, 2009
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