"I've Been in the Business for 20+ Years...I'm an Expert"

How many times have you heard, “I have been in this business for over 20 years, I am an expert”? It does not matter what industry you are in, it never fails, this statement will be said. I’m never sure how to interpret it. Don’t get me wrong, experience is almost everything. I have learned an immense amount about business, sales, and the industry I am in simply by working in it every day. There are certain things business school, books, or seminars cannot teach, and experience can. However, just because somebody has been in an industry for 20 years or more does not qualify them as an expert.

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Continuing Education

According  to Dictionary.com, an expert is defined as, “a person who has special  skill or knowledge in some particular field; specialist; authority.”  I  am going to use the real estate industry as an example… what a surprise.   Anyway, the line I hear most commonly is the 20 years experience one.   Part of me takes it as an insult because they know I am young and just  getting started. They use their age as an advantage.  Here is my  question to the other agents throwing the number of years they have over  me:

  1. What are you doing to stay updated with the market and the current marketing trends to sell properties?

  2. What are your points of difference other than a years of experience?

  3. Are you evolving with the technological advances and becoming an expert in those skills as well?

  4. Since you have been in the field for so long, what are you doing to continue your drive and motivation for success?

  5. Are you open to change?

Those five questions are something  every prospect should be thinking when interviewing a real estate agent  or anyone with whom they are considering entering business.  Now, I am  not knocking the veterans out there with 20+ years experience.  In fact,  I, myself feel immediate comfort when speaking with somebody who has  been in a certain field in which I know nothing about and they have been  in it for a long time.  It makes me feel like they have had tons of  practice and can guide me properly.  I started thinking more into this  nevertheless once I entered the workforce.

Young and Hungry 

If  I am competing for business against someone who claims they are an  expert based on years of experience, I think I have a pretty decent  chance to win.  First of all, I never bash my competitors.  Competition  is what drives me and I respect my competitors and myself too much to do  that.  I always note how impressive it is that they have been in the  same industry for so long and agree that they have a vast amount of  knowledge.  Then, I go into my own pitch to sell my skills to the  prospective client.  I admit how I know I am young and lack 20 years  experience, however I do have some experience and have a business degree  from a great university.  I say how I am up to date with the latest  marketing and technological innovations this generation is seeing and  that is an imperative skill people in business must inhabit to compete  today.  Not only do I have these skills, I want to learn more on them  daily so I can be the most knowledgeable and grow with the trends.  I am  young but hungry and driven to succeed.  Most of the 20+er’s have seen  success.  I am climbing my way there but still have something to prove.   Now that is motivating!

Think About It     

Next  time you are considering doing business with someone, even if it is  deciding the local plumber, think about more than how many years that  person has been working. Think about the industry and how changes are  evolving every day.  Think about the continuing education required to  stay knowledgeable to be considered an expert in an industry.  Ask  yourself if they seem like they are willing to work hard for you and are  motivated to succeed.  If the person you are speaking to has been in  business either 1 year or 20+ years and checks all the boxes, go for it!   All I am saying is the phrase, “I’ve been in the business for 20  years, I’m an expert” should not be considered a competitive edge  anymore, bring more to the table.

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