Recruiting the 'Yutes'
By Jessica Swesey, Tuesday, May 20, 2008.Bookmarking Sites
As if recruiting real estate agents in a downturn weren't hard enough -- Lori Cox asks in an Inman Groups discussion how one goes about recruiting younger, Gen Y agents.
I've affectionately called them "Yutes" here because I saw a rare opportunity to quote Joe Pesci from "My Cousin Vinny" in a real estate blog post, and because it starts with "Y" - get it?
This discussion will likely become an ongoing thread for brokers. The National Association of Realtors released its latest member survey last week, which showed the typical Realtor is 52 years old, a world apart from the coveted Gen Y consumer who is somewhere in his or her mid-20s.
Since much of Gen Y speaks in weird text and instant messaging speak (do you know what TTYL, BFF and FTW mean?), it will be pretty important that agents know what the heck they are talking about. The obvious connection and reach for brokerage longevity will be to bring on more Gen Y agents. But that's easier said than done.
If you have some insight into recruiting "Yutes" into brokerage offices, cruise on over to the thread in the community section here.
Inquiring minds want to know.
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Submitted by Matt Carter on May 21, 2008 - 12:15pm.
As Gen Xer I will cop to not knowing what TTYL, BFF and FTW mean. So STW. Google found me this KEWL IM dictionary. EMFBI.Submitted by Lori Cox on May 22, 2008 - 2:09pm.
Thank you for the valuable link to the Google dictionary...I too, need help in decyfering the IM language. :)
Submitted by rodelio lagahit on May 22, 2008 - 6:53pm.
In the philippines most agents are 50+ years-old, and recruiting Gen Y or X is not really an option for them since most Gen Y and X are confined with the idea of working at BPO companies.
Rodelio Lagahit
http://www.realtygrande.com
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Submitted by Richard Soto on December 4, 2008 - 1:06pm.
I love the title of the post, Recruiting the Yutes. Somewhat harsh, but funny as heck. lol
San Antonio real estate and Houston real estate websites
Submitted by (Fort Worth Real Estate Guy) on December 6, 2008 - 11:03am.
We are not having any trouble finding the younger Realtors. We look for the 20 something to around the 40 something Realtors. They seem to be the ones that work out the best in our system.
Mike Pannell
Nu Home Source Realty LLC
817-509-1400
http://www.nuhomesource.com
http://www.nhsfortworth.com
http://www.nhsdallas.com
Submitted by David Pannell on December 22, 2008 - 6:09pm.
I agree, Mike is starting to wonder if I know what I am doing. We need Realtors that know what Myspace is, Facebook and online positioning is. In today's market we need Realtors that know the importance of online marketing, blogs and positioning themselves as experts.
I need Realtors with a background in Social Networking, Online Positioning and willing to follow a client from signing up to closing. Possible 90 days to 12 months
The hardest thing in Real Estate is to help someone from start to end. If you have the ability to follow 500+ clients at once please call me.
I know we receive 60-70% of all Dallas Fort Worth traffic. We need a staff of Realtors that can help.
Mike Pannell has made our sites rank in the top 5 lines in all search engines and we need good Realtors to come aboard.
David Pannell
817-797-9047
www.davidpannelhomes.com
NHS Realty LLC.
http://www.fortworth-texas-real-estate.com
Submitted by Jonathan Phan on March 9, 2009 - 6:07pm.
It seems like I may be a "yute".
Jonathan Phan
http://www.jonathansellshomes.com/
Submitted by oliva barnand on May 11, 2009 - 3:41am.
Recruiting to Younger very good and brave steps, i will appreciate recruitment of young people.
Real estate Florida Real estate Tampa bay
Submitted by Waterfront Realtor on July 14, 2009 - 2:29am.
Yes absolutely now the time of younger people in market, sometime younger not get opportunity due to useless excuse like lack of experience but here taken inspirational steps for youngsters.
Tampa Real Estate
Submitted by Steve Castaneda on July 31, 2009 - 11:05am.
As a "yute" myself, I think it's only a matter of time before the average age of real estate agents begin to plumett.
Being a real estate agent can be a fruitful career filled with many opportunities. The opportunity to meet and change the lives of people I meet is one of my biggest driving factors alone.
Besides that, I think that the increasing use of technology in the real estate industry will be a major factor in drawing a younger generation of real estate agent.
Visit my site about Houston Real Estate and browse homes for sale in Houston.