Serving the Unique Needs of the Senior Market
Did you know that a report issued by Census.gov, An Aging Nation: The Older Population in the United States, notes that “In 2050, the population aged 65 and over is projected to be 83.7 million”? That’s almost double what that population numbered in 2012. This population group’s numbers are rising fast, and that adds up to opportunities for licensees.
The senior market needs the services of real estate professionals who understand its unique real estate needs. Working with seniors comes with some of its own challenges, concerns, and rewards. A comprehensive understanding of the particulars and practicalities of this market segment will equip licensees to serve older adult clients with the respect and honor they deserve.
In this course we’ll explore best practices in addressing the distinctive considerations in the senior marketplace. Course highlights include:
- Senior market stats in the U.S.
- Important financial and lifestyle considerations for older clients
- Seniors and legal competence
- Senior seller and property preparation for listing
- Four significant considerations for older adult buyers
- Potential snags and how to overcome them
- Options in senior adult communities, both traditional and noteworthy
- Housing programs for low-income seniors
- The senior market as a niche
State Requirements For Arkansas
Arkansas State Requirement Details for Real Estate Salesperson and Broker Continuing Education
Renewal Date: Renew for upcoming year by September 30th to avoid penalty. License expires on December 31st.
Hours Required by the State: 7 hours
- 1-hour Required Safety Course
- 3 hours of Electives
- Salespersons:
- 3-Hour 2025 AREC Required Course on Agency Representation and Compensation
- Principal Brokers and Executive Brokers WILL NOT receive CE credit for this course.
- Principal Brokers and Executive Brokers:
- 3-Hour 2025 AREC Required Broker Course on Supervision/Agency
- Salespersons may NOT take the Supervising Broker course.
- Associate Brokers:
- Associate Brokers may elect to take either the Salesperson course or the Broker course. If an Associate Broker has aspirations of becoming a managing broker, they are encouraged to take the Broker course.
Arkansas Real Estate Commission
Street Address: 612 South Summit Street, Little Rock, AR 72201
Mailing Address: 612 South Summit Street, Little Rock, AR 72201
Telephone: (501) 683-8010
Email: areclic@arkansas.gov