Age Discrimination in Real Estate

General Real Estate Investing
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Age Discrimination in Real Estate

Sam McCormackBusiness Member
Real Estate Agent · Cincinnati, OH/NKY · Member since 2021 · 1k+ posts · 833 votes

As a young professional in real estate, I can't help but acknowledge when other young professionals are involved as well. This is a question for everyone:

When looking to work with someone in real estate, no matter the subject (agent, contractor, PM, etc), does age matter to you? Not looking at experience, just age. Ex. You are looking for a PM, you figure out they're early 20's, or whatever age you would consider "young", would you still take them in the running to be your PM? 

If not, why? And does anyone prefer to work with someone younger? (Again, not basing off experience, purely age). I want to hear about everyone's experience working with young professionals, the good, the bad, everything in between, answer to the above question, anything! 

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Gregory SchwartzBusiness Member
Rental Property Investor · College Station, TX · Member since 2016 · 1k+ posts · 1k+ votes
2y

When it comes to age and real estate, we often make quick assumptions.

Older Investors: They’re seen as slow, set in their ways, and resistant to new technology. However, they bring time-tested methods and valuable experience to the table.

Younger Investors: They’re often viewed as energetic, motivated, and quick to embrace new technology. Yet, they may lack experience and haven’t faced the tough lessons that come with time.

But these assumptions are just that—assumptions.

I know individuals in their 60s who outpace those in their 20s, and I've met people in their 20s with more experience than landlords with over a decade in the business.

In the end, what truly matters is the person, not the age. These stereotypes often dissolve within minutes of a real conversation. So, let’s focus on the individual strengths and experiences each person brings to the table.

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  • Ray Hage
    Investor · Fort Lauderdale, FL · Member since 2020 · 1k+ posts · 755 votes
    2y

    Well, regardless of experience, people are going to assume younger people are not as qualified, skilled or yes, even experienced (haha, I know it is goofy!). There's not much you can do about others initial perceptions. Just show your experience where needed and the respect will come. Essentially, you're going to have to work a bit harder on the social level vs a guy with the same experience as you but is 40 years old. 

    I don't have a preference for age in terms working with other folks but young can be good from an energy, optimism and having enough time to put in the extra hours when needed (usually a younger person is not going to have a spouse, 2-3 kids and a bunch of other responsibilities).

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  • Chris SeveneyBusiness Member
    Moderator
    Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
    2y
    Quote from @Sam McCormack:

    As a young professional in real estate, I can't help but acknowledge when other young professionals are involved as well. This is a question for everyone:

    When looking to work with someone in real estate, no matter the subject (agent, contractor, PM, etc), does age matter to you? Not looking at experience, just age. Ex. You are looking for a PM, you figure out they're early 20's, or whatever age you would consider "young", would you still take them in the running to be your PM? 

    If not, why? And does anyone prefer to work with someone younger? (Again, not basing off experience, purely age). I want to hear about everyone's experience working with young professionals, the good, the bad, everything in between, answer to the above question, anything! 


     Age does not matter, experience and grit are what matters to me. It also depends. We do at times some lending, I am not going to lend to someone who is doing their first flip, whether they are 20 or 60. As it relates to a vendor, to me the most important thing is communication. If there is a lack of communication then the relationship will not work. That to me is business smarts not book smarts. 

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  • Gregory SchwartzBusiness Member
    Rental Property Investor · College Station, TX · Member since 2016 · 1k+ posts · 1k+ votes
    2y

    When it comes to age and real estate, we often make quick assumptions.

    Older Investors: They’re seen as slow, set in their ways, and resistant to new technology. However, they bring time-tested methods and valuable experience to the table.

    Younger Investors: They’re often viewed as energetic, motivated, and quick to embrace new technology. Yet, they may lack experience and haven’t faced the tough lessons that come with time.

    But these assumptions are just that—assumptions.

    I know individuals in their 60s who outpace those in their 20s, and I've met people in their 20s with more experience than landlords with over a decade in the business.

    In the end, what truly matters is the person, not the age. These stereotypes often dissolve within minutes of a real conversation. So, let’s focus on the individual strengths and experiences each person brings to the table.

    [email protected]443-812-0357
    Schwartz Realty Group5118 Reviews
    WebsiteView Page
    1Reply
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