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18-year-old National Association of Realtors chases his family into the real estate business

Many people quit their jobs during mass layoffs, and many industries are still struggling to hire. This is not always the case in real estate.

Fired by low interest rates and rising demand, Sizzle became a seller’s market and pushed up prices. The flexibility of time and the attractiveness of considerable fees attracted even teenagers, including Bloomington’s 18-year-old Gavin Devoa, to the profession.

In 2020, Illinois lawmakers reduced the age of becoming a real estate agent from 21 to 18. Other requirements include either a high school diploma or GED, plus completing a 75-hour pre-licensed broker course, clearing a background check, and passing. test. After obtaining the license, 45 hours of post-license education and 24 hours of continuing education are required every two years.

Devore’s parents, Steve and Jessica Devore, launched the Green Acres Real Estate in Clinton in 2013 and expanded their business with a second office in downtown Bloomington.

Devore says he urged him to pursue his license while his mom was still in high school.

“So my mom was like,’You can become a real estate agent as soon as you get a high school diploma.’ So I’m,’That’s what I want to do. That’s really I think it’s cool, which means you have no seconds to lose, so you should jump on it as much as you can. “

Devore pursues an early real estate career while attending Illinois State University, which focuses on entrepreneurship and business. He was inspired by the hustle and bustle of his mother. She has started five businesses and Green AcresReal Estate is the most successful venture company to date. Devore hopes to ultimately achieve that level of success.

“She really has a heart in her work. She really likes to help people and keep them happy for the perfect home. That’s the overall goal of the business she has built.” Said Devore. “So I thought it was really cool. And she’s one of the top 7% of the country. All these awards. She’s in 2022 Mid-Illinois Real Estate Agents Association President Oh yeah, I mean all these achievements and I would like to follow. “

So his mother, Jessica, was his mentor, allowing him to go open and drilling him on what to emphasize when showing a house, condo, or apartment. What is her best advice? Devore says it was something he heard repeatedly.

“The best advice she gave me is probably whatever you decide you can reach. No matter what you think, tell anyone that it’s a ridiculous idea. Don’t let me, and that’s what I live with everything. “

The US Bureau of Labor Statistics predicts that the number of real estate jobs will increase by just 4% over the next decade, slower than the average for all occupations. Despite limited employment growth, about 47,500 recruitment of real estate brokers and distributors is projected annually for an average of 10 years for those who leave the profession for layoffs and other jobs. increase.

Home sales in Illinois in June also fell by more than 17% from a year ago, down 8.7% from May. However, the median Illinois was $ 286,000, up 5.9% from June last year. This is encouraging for Devore, who is unstoppable by denialists, including those who say online home shopping reduces the importance of realtors.

Devore believes that when it comes to real estate, people still want to interact with humans.

“Yes, online sites are really useful, but realtors can go out and show their homes directly. Realtors can give you real estate advice. National Association of Realtors members are homes. Guide you through the process of buying. They are with you and with you until they close. They will tell you what you need. Basically, you have a National Association of Realtors member. It won’t go away. “

According to Devore, technology is evolving to enhance the home buying process and support buyers, sellers and realtors. He believes that’s why real estate is so attractive to Gen Z, represented by tech-savvy digital natives.

Devore looks forward to brainstorming startup businesses and smartphone apps that could be a reliable option for realtors. He envisions these plans being supported by entrepreneurial research at the ISU.

“That’s what they’re actually doing in their entrepreneurial major. They heard you had this whole” Shark Tank “that came up with the idea. It’s all about being an entrepreneur — coming up with ideas that will make life easier. “

He hasn’t sold his first home yet, but he’s probably optimistic that the first sale will come before the fall semester begins. Meanwhile, he spends his time dreaming big this summer.

“One day, you may take over the real estate business that your mother created, or you may start your own business because you don’t want to do a job that suits you. I want to do a job without limits, so I want to do business. I feel that building is perfect for that. “

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