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brokers: The Greying of Real Estate
- 02/18/15 03:47 AM
In 1978 the average age of a real estate sales agent was 42. This makes perfect sense as the boom in franchising was driven by people who were in the prime of their professional careers. (By 1977 the U.S. had over 5,000 independent franchises) Interesting to note, agents during this time were working with buyers and sellers who were basically their same age. By 2000, the average age of a real estate sales person was 50. The age delta between agent and customer (buyer/seller) is skewing older, but not so much that it leaps over generational divides. At this point, a little age
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