Michele Penner Awarded SRES Designation

February 17, 2009
Michele Penner

Michele Penner

Michele Penner, Broker Associate with Peabody & Smith Realty recently received the Senior Real Estate Specialist (SRES) designation from the SRES Council, part of the National Association of Realtors.

Since adults, aged 50+ represent more than 20% of the United States population, the SRES designation course is an essential step for REALTORS® in understanding the distinct real estate goals, concerns, and needs of seniors today. This course looks at key differences in housing options, from age-restricted communities to age-in-place design to assisted living; applications of the Housing for Older Persons Act (HOPA); the ins and outs of reverse mortgages; the use of pensions, 401k accounts, and IRAs in real estate transactions; and much more.

Penner says, “In keeping pace with the changing demographics of New Hampshire, I perceived the need to gain further knowledge and understanding of the needs, considerations and goals of real estate buyers and sellers aged 55 and older. This designation not only prepared me for that end, but helped me to understanding the vast differences in dealing with all generations. The knowledge gained has better prepared me to assist each customer and client in their real estate needs”.

Broker Owner Andy Smith added, “As we baby boomers begin to age, we realize that for many of us, our homes are our largest asset and account for most of our net worth. It’s important for our agents to fully understand that, and help our clients obtain the goals they desire. I’m proud of Michele for continually improving her skills. This kind of continuing education provides a well rounded base of knowledge for our clients and customers.”

With 24 full time Realtors, and a support staff of five, Peabody & Smith Realty has offices in Franconia, Littleton and one in St. Johnsbury. They are one of only 700 firms chosen as part of “The Leading Real Estate Companies of the World“, and have recently been nominated for the coveted, “Leading Real Estate Companies of the World 2008 Diamond Award”. They can be seen on the web at www.peabodysmith.com.