The Real Deal New York

Brokers get grayer

NYC firms see unexpected benefits from older agent pool
By Lucy Cohen Blatter | January 18, 2012 10:00AM

From the January issue: In 2008, 21-year-old Jared Seligman had sold some $40 million worth of real estate and gained fame for listing the Olsen twins’ Morton Square penthouse.

And he wasn’t the only youngster flocking to residential brokerage during the mid-2000s. During the real estate boom, hordes of recent college grads entered real estate, hoping to cash in on the myriad six-figure deals taking place in Manhattan. [more]