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New Royal LePage Seniors Real Estate Specialist (SRES) Designation Program

Submitted by Jasmina on Tue, 2006-12-12 02:34.

POWER BEGINS AT 50The 50-plus group is redefining how and where they want to live. With more than 10-million Canadians now aged 50-plus, the shifting mindset of this demographic is resulting in significant changes within the country’s housing market and warrants special consideration. With the new SRES Designation Program, Royal LePage Realtors will now be trained to respond to the changing housing needs, desires and options available to the 50-plus group.

The SRES designation is a North American real estate recognized designation and Royal LePage is the first organization in Canada to become a certified supplier and Royal LePage Realtors will be better equipped when working with more mature property owners.

Canada NewsWire

Moving up, moving down, staying put, or renovating, today's 50-plus crowd are rocking tradition not chairs: Currently, 28 per cent of Canadians that are now aged 50-plus intend to sell their home as part of their plans for making living arrangements in old age. Of this 28 per cent who intend to sell their home, the following are the main reasons cited for selling: concerned that their house will be too hard to maintain (67%), want access to equity (46%), plan to travel and do not want the responsibility of a house (38%), concerned that they will not be able to care for themselves (30%), and cannot afford to stay in their house (23%).

Of the potential sellers in the aged 50-plus bracket, 37 per cent plan to move into a smaller, more manageable home and will use the equity from the sale of their home to support retirement (86%), to travel (48%), to give it to their children (42%), and to purchase a recreational property (7%)...

50-plus Web Sites