A new wave of young real estate moguls have emerged in Sydney’s competitive property market, harnessing AI and other new technologies to achieve success, according to The Daily Telegraph.
A review of sales figures from the past year shows that many agents under the age of 30 have closed deals worth hundreds of millions of dollars.
Tom Panos, a veteran real estate coach and industry commentator, noted in The Daily Telegraph that these younger agents represent a new breed, different from their predecessors.
“Real estate used to be something people would fall into if they had the gift of the gap and hadn’t picked up a trade or studied, but now people are seeking out careers in real estate much earlier,” he said.
“There are a lot of very smart and disciplined people entering the industry. They have an advantage people who started out 15 or 20 years ago didn’t have because technology has changed everything.”
Mr Panos explained that AI and other technologies had allowed new entrants to build careers faster, without needing to rely on word of mouth – the primary driver of sales in previous decades.
Among the Greek Australian agents on the list are Steven Georgalas, Felix Kerameas, Jackson Passas and Nic Christou.
29-year-old Steven Georgalas, from LJ Hooker Belmont, finished the financial year with 70 sales valuing $104,077,311.
24-year-old, Felix Kerameas, from the McGrath Ryde office, finished the financial year with total sales of 48 properties with a total value of $93,300,000.
22-year-old Jackson Passas, from the McGrath Maroubra office, finished the financial year with total sales of 31 properties with a total value of $60,877,000.
29-year-old Nic Christou from BresicWhitney made 20 sales valued at $32,692,500 in total.
Source: The Daily Telegraph
