SRES® Blog

Preparing a home for sale is always a significant undertaking. For seniors, in particular, the pre-listing process can feel overwhelming. An agent who has earned their Seniors Real Estate Specialist ® (SRES®) designation can guide your efforts and help make the transition go as smoothly as possible. You can trust your SRES® designee to help you: Map out a plan. An SRES® understands that each client faces different circumstances and challenges. They can advise you on a sequence of steps tailored to your situation. And they’ll guide you through the process at whatever pace suits your needs. Your

It can be hard to see someone you love struggle with mental decline as they age. Sadly, memory loss and other cognitive impairments are all too common. There are no easy solutions, but you can take several simple steps to treat aging parents with respect and compassion. 1. Speak slowly and clearly. Cognitive decline, potentially coupled with hearing loss, makes it harder to process information quickly. Make it easier for Mom or Dad to follow your words by slowing down, speaking clearly, and pausing between sentences. If you’re talking face-to-face instead of over the phone, sit close, so you

What is a chatbot? You’ve probably already encountered this technology and didn’t recognize it by name. Chatbots are artificial intelligence (AI) based algorithms that use text or speech technologies to communicate with people. For example, some chatbots answer basic support questions via a text “chat” box on a website when it’s after hours and a live person isn’t available. These types of chatbots have been around for years, but they are improving and being used on smartphones in new and interesting ways. Mental Health If nothing else, the pandemic drove home the importance of social

Yes, buyer's remorse is real. So says a Bankrate survey that reveals the common regrets of recent homebuyers. Though Millennials have the most regrets–64% of those ages 25-40–about a purchase's physical and financial aspects, 33% of baby boomers (ages 57-75) have disappointments too. The extreme pressure of the fast-moving market is likely a contributor, given that buyers often are fighting to win bidding wars and have little time to contemplate their purchases. Among the top disappointments are high maintenance and other costs, too-high monthly mortgage costs, not getting the best mortgage

Maybe you’ve started thinking that now would be a good time to downsize to capitalize on this fast-moving, post-pandemic market. Realtor.com offers nine questions to ask yourself to better identify what you want next and the implications of a move. Financial considerations, for example, include looking at taxes, insurance, and renovations to the new home, and factoring in HOA fees, if you’re opting for a condo or townhouse community. Also, tally all the costs – including real estate transfer taxes, real estate commissions, and so forth – of selling your current home. Where to move is another

Has the pandemic has made you reevaluate your living arrangements? Are you considering establishing a multigenerational household or continuing to maintain an existing one in your post-pandemic life? You’re not alone. The lifestyle option is gaining ground. For one, it can benefit every generation by minimizing seniors’ sense of isolation ( https://on.wsj.com/3dvcnAZ ), helping millennials who are struggling with student loan debt, allowing grandkids to bond with grandparents, and giving baby boomers a hand either financially or with childcare or both. The National Association of REATORS®

Whether you want a sparkly house to celebrate the arrival of spring or you’re getting your home ready for sale, look to Apartment Therapy. Its free Spring Cleaning Cure ( https://bit.ly/3qCkCQa ) is designed to help you tackle your deep cleaning to-do list one project at a time over 20 days. Starting on March 15, you’ll get a daily cleaning assignment emailed to you after signing up. Apartment Therapy is expert at breaking down big, intimidating projects into small daily tasks that add up to a big payoff in the end. You may have done its January 30-day challenge—the purging and organizing

Remember the coronavirus relief package passed by Congress in late December? It included a second round of Economic Impact Payments. According to the IRS, eligible individuals will automatically receive an Economic Impact Payment of up to $600 for individuals or $1,200 for married couples and up to $600 for each qualifying child. The money started landing in people’s accounts on Dec. 29, 2020, and paper checks started mailing on the 30th. But if you’ve not yet received a direct deposit or a check, you have a couple of options. First, visit the IRS’s Get My Payment site ( https://bit.ly/35RO4cf

Financial problems can lead a person to be physically and emotionally ill. Many of us have been in a position when affording the mortgage or making it to the next payday were real concerns. Worrying about money can wreck a person’s well-being and a pandemic only adds to the problem. Being informed of the mortgage process and the ever-changing rules granted as a result of the pandemic is a great way to serve your clients’ needs. Many people have lost jobs or taken pay cuts due to the current health crisis. Luckily, there are options for relief out there, but some people do not know what steps

Now is the time of year when you’re taking a hard look at your financial picture and developing a plan for the year. Before you start, check the all-important Internal Revenue Service (IRS) contribution limits for 2021. For details, visit the IRS site at https://bit.ly/3mUplK4 and https://bit.ly/2JpWZK5 . For individuals contributing to a 401(k), 403(b), most 457 plans, and the federal government's Thrift Savings Plan, the contribution limits stay at $19,500. For those over the age of 50, the catch-up contribution stays at $6,500. The maximum contribution limits for individual retirement