Thursday, July 01, 2010

Surprising Demographic

Last weekend, we had an accelerated Real Estate Salesperson Class at Annex Real Estate School  This class is a pre- requisite to taking the Massachusetts state Real Estate Salesperson exam.

We discovered that the mean age for approximately 71% of the students was 24 1/2 years old! With essentially none of the students in the 30 's, the other 29 percent of the students were approximately 44 1/4 years old. So much for the theory that only old retired people are going into real estate now. provided the following statistic:
  • Median age of first-time buyers:  30
  • Median age of repeat buyers: 47

Looks as these new salespersons should be able to relate to their potential customers and clients

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