How Seniors (and Their Families) Benefit from a Senior Real Estate Specialist (SRES®)

Couple laughing

This specially-designated REALTOR can save the children of seniors a lot of time when their parents need to downsize

Not just limited to Conyers but all around Atlanta, many older adults who own homes eventually get to a point where their home no longer accommodates them as it was originally intended. They may no longer need the size of the home, be physically able to take care of the home or can afford the cost of maintaining the home. In too many cases, health challenges compress the time needed to plan for a housing transition, find a new home or other living arrangements and/or sell their current home.

The Challenge

The adult children will find there’s a plethora of resources, housing options and price points to consider, so finding a residence that is the perfect mix of warmth and proximity to health care providers and facilities while being functionally adequate for the challenges of aging means much time and effort is involved in considering all the options. Senior-specific financial and real estate considerations often must be handled by the children of seniors, while juggling their own careers and family life.

The Solution

If your aging parent or other loved-one needs to downsize or find a residence better suited for them, a SRES®-designated REALTOR is best trained to handle your loved-one’s real estate needs. They can sift through the options and present them to your parents, saving you a lot of legwork and time.

Hilary Walker, a SRES®-designated REALTOR on the Atlanta Seniors Real Estate Team, says it best:

“The challenge is that ‘many adult children of baby boomers’ rarely have the time that is needed to gather all the necessary information about the services that would be helpful to their parent. This means the parent often remains in their ‘ineffective’ situation for longer.  But also, connected to this, is that often the adult child is trying to show the parent that it may be best if they no longer live in the family home that has functional issues relating to the parents’ current health conditions or lifestyle needs. The other challenge is for the adult child to find and provide solid information to parents without making the parents feel as though their child is ‘babying’ them or trying to take over. Seniors Real Estate Specialists like me can help with all of this.”

To be experienced in serving this demographic, the REALTOR must pass the National Association of REALTORS-designed course. Earning the SRES® designation means the REALTOR specializes in the needs of clients aged 50 and over who are buying and selling real estate.

SRES®-designated REALTORS are knowledgeable about these things and will save you much time by handling them for you:

  • Senior housing options and locations
  • Move Management Coordinators
  • Counseling strategies to help in life transition planning
  • Remodel/Renovation contractors in case they wish to age in place
  • Factors and trends in housing, retirement income and finance specific to those 50 and over
  • Identifying and protecting seniors from finance, mortgage and loan scams that target this demographic
  • Aware of Housing for Older Persons Act (HOPA), senior communities and housing restrictions
  • Advisers for Home Equity Conversion Mortgages, Reverse mortgages, 401k accounts, IRAs and pensions as part of wealth management and to assist in real estate transactions
  • Protecting a parent or senior loved-one from losing access to Medicaid, Medicare, VA or Social Security benefits when selling their real estate

Atlanta Seniors Real Estate Team provides holistic real estate services for the unique needs of older adults and their families. Contact a Seniors Real Estate Specialist today!

SRES® REALTORS also have partners in the Senior Care Market who help make the transition to a new home as easy as possible for all concerned. Kaye Ginsberg, founder of Peace of Mind Transitions, a full service seniors relocation partner, explains:

“Senior Move Managers take the stress out of moving. We work together with the senior and their family to decide which belongings will go to the new home, then work with them to manage what to do with the rest (sell, donate or dispose). We coordinate packing and moving and then completely unpack the new home; including hanging pictures and making the beds.”

Ginsberg said, “The first step is for the senior to identify what they will take with them and what they would like family members to have – and that’s the hard part. This is the first time in history that we have two generations downsizing at once – and none of the “children” want any of their parents’ belongings. Which means that many items like china, crystal and silver are not holding up in value for re-sale. Perhaps it would be better to focus on what I like to call ‘Doing Good While Downsizing’.  Why not donate items to a local charity who will make sure your items go to people in need who will appreciate them?”

Ginsberg says it’s good to strategize early: “It’s never too early to start thinking about the future.  Even if you’re not ready to move now, it is wise to know what your home is worth and what other housing options are available for you.  And it is certainly never too early to start thinking about what you want to do with your lifetime accumulation of possessions.”

Download “Your Guide to Stress-Free Rightsizing and Relocation” 

 

Sources:

National Association of REALTORS. SRES

National Association of Senior Move Managers. Your Guide to Stress-Free Rightsizing and Relocation 

 

 

 

 

Cards for the Elderly

The Cards For The Elderly campaign has been running since 2015 in partnership with Christ Advocates For the Elderly also known as C.A.F.E.org. The idea came about during a conversation about doing something for seniors during the holiday season.

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The inspiration was my own 70 year old mother who lives in England. I had sent her a birthday card, which she determined was highly worthy of telling her church friends and the pastor about. After she had bragged about her loving daughter who had sent her this beautiful card, the Pastor of her church mentioned it during his ceremony and asked my mother to bring the card to him, which he then read to the entire church as an example of how simple it is to give love and how greatly an affect it can have on the receiver and that his church members should do more simple gestures just like sending a greeting card.

I shared the idea in a meeting with other Senior Providers and they all wanted to help by contributing cards from their families. The first year we collected a little over 100 cards, all signed with a message “to a friend”. Children sent cards. a couple of artists sent a bunch of hand made cards, regular Christmas cards were sent, holiday or friendship cards were received too.

For the first couple of years, two of us dressed in our Christmas attire, went to Remington House Senior Living community in Conyers, GA, to deliver all 100+ cards. We handed them to the residents who we met while walking around, some were placed on tables in the dinning area and the balance were placed in a basket in the common area.

Just a few  years later, we have involvement from the Girl Scouts of Conyers (club 17015), who are supporting the campaign in a very special way.

First, the Girl Scouts and a host of other volunteers are knitting TwiddleMuffs to be given as gifts along with the cards. Twiddlemuffs  are known to be very effective for people living with dementia or Alzheimer’s because it is something to “twiddle” or fidget with and has a calming effect for the person holding it. Each Twiddlemuff has different textures, a warm and cozy feeling and gadgets to twiddle – apparently they add to the quality of life as they keep the brain active and stimulated. You can learn more here.

Second, the Girl Scouts group will join Dawn from C.A.F.E and myself to deliver the #Cards4Elderly directly to the seniors living in a couple of Conyers Senior Living and Memory Care Communities.  We know that people don’t always have their grandchildren living near by, so the girls will provide much joy as they interact with the residents and give them a gift. Inter-generational interaction is also a fulfilling activity for both young and older groups.

Dawn, the founder of C.A.F.E.org found a Twiddlemuff pattern when searching  online for a muff crochet pattern for her 78 year old father who has Neuropathy in his fingers, which means his hands are always cold. After seeing him use a heating pad to keep his fingers warm she searched for muffs and came across a site that spoke about Twiddle Muffs for Dementia and Alzheimer patients. Inspired, she set about making the connection with others who could help to crochet as many Twiddle Muffs as we receive in holiday cards – not just for those with cold fingers – we now have gifts to share with seniors and memory care residents of senior living communities.

 

Our #Cards4Elderly campaign runs for 2-3 months leading up to the Christmas holiday and we deliver cards and Twiddle Muff gifts to the communities during the week of Christmas.

Please support our small act of kindness by sending a card to:

C.A.F.E. Org

Cards 4 Elderly

PO Box 82382, Conyers, GA 30013

If you have questions, please call (678) 609-8019

 

 

Daily Money Managers Help Seniors Remain Independent

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Photo credit: Helloquence on Unsplash

 

 

If you are an older retiree and have been overwhelmed lately with managing your financial accounts, it might be time to consider hiring a Daily Money Manager (DMM). A DMM is a cost-effective way to help keep your financial life in order by hiring a professional to help you keep track of paying your bills on time, balancing your check book, handling insurance matters and providing tax documents to your accountant. Depending on where you live, costs can range between $75 to $150 an hour and some even charge a monthly retainer instead of an hourly fee.

Atlanta Seniors Real Estate caught up with Barbara Scurry, founder of Senior Partners. Barbara has been a DMM for 6 years and 10 years in geriatric health care/ marketing.

“I’ll share with you the story of Dorothy, a client of mine for almost four years. Dorothy was 79 years old when I started working with her. She never married, had no children, siblings, or other relatives with which she associated and she lived in an assisted-living facility (ALF).She was highly educated and detail-oriented but had stopped paying her bills and was showing early signs of cognitive decline. When I started working with Dorothy, I had great concern that she would run out of money within 12 to 18 months.”

Saving and finding money

Scurry said, “I began basic daily money management services, including opening and sorting her mail, making calls to outside vendors on her behalf, and organizing her files. But I got involved with her life issues as well and quickly realized she was not getting the care she needed (and was paying for) at the ALF where she was living. I helped her find a new ALF that saved her $2,500 per month in living expenses.”

Dorothy was also missing stock certificates that were about to be turned over to the state of Georgia, “one evening, as I was going through some old papers I finally found them! When we deposited those certificates, they ended up being worth more than $125,000! That money helped take care of her needs for the next three and a half years!”

Help with moving

Scurry even advised Dorothy on moving, a service perfectly aligned with the real estate transition services provided by Atlanta Seniors Real Estate Team.

“I referred her to a professional move management company and coordinated their services to get her packed, moved, and unpacked at her new location.”

If you need the services of a Daily Money Manager, a great place to learn more about this unique service and find a professional is with the American Association of Daily Money Managers.

If you or your senior parent(s) are ready to buy or sell real estate in Georgia, be sure to contact Atlanta Seniors Real Estate team of certified and personable Seniors Real Estate Specialists to help make the transition as smooth as possible.

 

Resources:

Senior Partners. Main page

AARP. Daily Money Manager Helps Control Finances

American Association of Daily Money Managers. Main page

 

 

 

The Best Tips On Modifying And Preparing A Home For A Visual Impairment

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Photo via Pixabay by Pexels

 

If you or a loved one have recently been diagnosed with a visual impairment, you’re probably thinking about ways to improve and modify a living space to make a home safe and comfortable. It can be overwhelming at first, but the key is to start small and work your way up. Sit down and make a list of any daily activities and how they’ll need to change; for instance, voice software that will aid with working on a computer.

You’ll need to do your best to add up all the expenses you expect to incur. You might find that moving will end up being the best option. At least add up the potential costs of moving, and compare. It’s important to think about function and safety over anything else. Here are a few tips on how to create a safe living space that will work well for you or your loved one.

Look at your lighting

The lighting in your home is extremely important. Natural light is usually preferable to individuals who have a visual impairment, but it will be necessary to have another means of lighting dark corners, closets, stairways, and the places you spend the most time.

Be careful about lighting that creates glare as certain types of flooring can become very shiny under bright lights and might create a fall hazard.

Make important things easier to find

It will be very helpful to mark important things–such as the thermostat, the knobs on the oven, and the edges of stairs–with brightly colored tape. Color and texture are extremely useful for people living with a visual impairment, so wrapping your toothbrush with a rubber band might help you differentiate between yours and the ones belonging to your spouse or other family member.

Clear clutter

Your home needs to be safe first and foremost, so clear out any clutter in the main living and walking areas. Don’t forget to either remove throw rugs or tack them down to the floor so the corners don’t turn up and create trip hazards.

Use color 

Contrasting colors are extremely helpful for the vision impaired, so consider painting the walls behind appliances and around light switches a bright color to make things easier. This is an especially helpful tip for the bathroom, where walls and appliances are likely to be white and blend in with one another.

Get organized

Organize the pantry, closets, and cupboards and use a braille label maker to make small or similar items easy to find. Group like items together in a way that will make sense to you and memorize the groupings.

Think about safety

Disabilities of any kind require a new way of thinking about safety, so it’s important to think ahead and make sure smoke detectors, carbon monoxide detectors, and fire extinguishers are in proper working order and in every room. It might also provide you with a bigger sense of safety to have a security system installed with a loud alarm.

Consider these factors and how you can either incorporate them into your current living environment. If moving might be a better option, try to see what you can find on the market that covers at least some of this. Chances are, you’ll still need to adjust, but investigate all your options, because doing so can make a huge difference when it comes to how much it’s all going to cost.

Guest writer, Jim Vogel, at Elderaction

 

If your senior parent or other loved-one needs to find a residence better suited for them, a SRES®-designated REALTOR is best trained to handle their real estate needs. PEMCO Realty has a team of Senior Real Estate Specialists ready to assist you or your parents to make this a smooth process.