April 19, 2019
When you think of the term “senior,” what comes to mind? Do you think of a specific age group? Do you have an image in your mind of what a “senior” would look like? Do you ever think about there being more than one type of “senior?”
A lot of times, we tend to use umbrella terms or statements to describe a certain person or a certain age group, but forget that within that umbrella term, there are tons of unique individuals with their own wants and needs. The same can be said for the term “senior.”
As a Seniors Real Estate Specialist®, I don’t always work with the same type of “senior.” Because of this, it’s important to break down that umbrella term into a couple of different sub-categories, to better describe the specific person you’re working with, and narrow down exactly what they’ll want in both a Realtor® and a home.
Younger boomers typically encompass the 51-60 year age group. Those ages 61-69 fall into the older boomer category. The Silent Generation, those ages 70-90 years, typically make up the smallest share of home buyers by generation.