Saturday, November 13, 2010

Real Estate Agents are Aging


A close friend and associate is retiring next year...at age 83!
Many fellow Realtors are in their 60's and 70's, and a recent speaker at the Council of MLS Services reminded us that the average age of real estate agents is over 50, and that in 2010, the number of agents over 40 exceeds those under 40, two to one.
The older agent brings a lot to the table: years of experience in the field, understanding the market, and most importantly, good old fashioned customer service.
However, very few are able to continue doing business in today's market and competing with tech-savvy younger agents without adopting the new technologies.
This is especially true for those of us working here in Silicon Valley, where we are surrounded by social media, the Internet blogosphere, and other technology.
But the non-tech basics still remain...hard work, good service, and continuous prospecting.

1 comment:

Villas to rent in Gran Canaria said...

I read your blog! I am agree with your comment that Many fellow Realtors are in their 60's and 70's, I think older agent brings a lot to the beneficial services.
The property is one of the most expensive asset for someone in your family who need shelter for their own protection and care of their families.