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 Connecticut
Connecticut State Requirement Details for Real Estate Broker and Salesperson Continuing Education
Renewal Date:
Salesperson licenses expire on May 31st of even-numbered years. All CE hours must be completed between March 1st of an even-numbered year and February 28th of the even-numbered year two years later.
Broker licenses expire on November 30th of even-numbered years. All CE hours must be completed between April 1st of an even-numbered year and August 30th of the even-numbered year two years later.
The CE completion deadline is 3 months before the renewal deadline. Courses taken late may not be applied to the current cycle. No course may be counted more than once toward CE.
Salesperson and Broker Hours Required: 12 hours
- 3-hour mandatory course approved by the Commission concerning current real estate and fair housing legislation, licensing laws and regulations
- 9 hours of elective courses
Note: No Continuing Education is due at the end of the first CE cycle after being licensed for those taking a CT licensing exam; however, those receiving a reciprocal license must complete CE for the first CE cycle.
Connecticut Department of Consumer Protection, License Services Division
Street Address: 450 Columbus Ave, Suite 801, Hartford, Connecticut 06103
Mailing Address: 450 Columbus Ave, Suite 801, Hartford, Connecticut 06103
Telephone: (860) 713-6000
Email: dcp.licenseservices@ct.gov
Department of Consumer Protection
Real Estate Broker and Salesperson Renewal