Marked financial success in real estate was once the purview of older, established agents who had labored for years to carve out a particular territory. But no more. As the Wall Street Journal reported, ambitious young people are an increasing bulk of the most successful agents in the profession, as fields such as finance and law have become less attractive in tough economic times.
Yuval Greenblatt, an executive vice president at Prudential Douglas Elliman, told the Journal one quarter of his team is now composed of agents under the age of 30. [more]