Real Estate Age Wave: Average Realtor Nears Retirement
Key Points:
- High median age: With a staggering average age of 60, half of all Realtors are celebrating more birthdays than a whole season of The Golden Girls. The silver tsunami is alive and well in the real estate industry.
- Realities of aging: Since Realtors don’t age like fine wine or George Clooney, it’s becoming increasingly critical to address the elephant in the room – aging. Understanding its impacts has become a top priority in the industry.
- Retirement considerations: Forget about popping bubbly in an exotic location, more and more Realtors are pondering the intricacies of puzzles, fishing, and bingo – the not-so-plus side of the golden years. The looming question of retirement hovers over the industry.
- Building a legacy: While aging might mean wave goodbye to youthful vigor, it doesn’t mean fading to oblivion. Older Realtors are kicking more and thinking about leaving a solid legacy behind, showing that age is just a number and gravity is only a theory.
Hot Take:
Bring out your inner Betty White, because the real estate industry is grayer than a Seattle sky in February. With the average Realtor ready to trade closing deals for Cialis and cat-naps, the industry must confront the ticking clock of time. But don’t worry, these folks are less about knocking on heaven’s door, and more about leaving indelible markers on the canvas of the property world. It’s time to redefine what growing old looks like, from wearing snazzy Hawaiian shirts to enjoying 4 PM early-bird specials. As Broker Dumbledore once said, “Age is foolish and forgetful when it underestimates Realtors.”
In conclusion:
Despite being age-ravaged on the outside, the Realtor world is still buzzing with youthful enthusiasm. Who said you need to be a spring chicken to sell houses? The reality is, these weathered professionals can still throw the property sales pitch better than a Major League Baseball player. As the industry looks to bridge generations, everyone brings something to the property party. Just because they’re closer to retirement, doesn’t mean they’re done setting the real estate world on fire. So next time you bump into an older Realtor, remember age is an issue of mind over matter. If you don’t mind, it doesn’t matter – at least that’s what Mark Twain told us!
Original article: https://www.inman.com/2024/02/09/whats-your-100-year-plan-finding-ikigai-in-life-and-business/
