I’d say that any RE professional who hasn’t already been through a complete cycle literally lacks the experience. That’s not to say they can’t make up for it by keeping an open mind and looking at the data. If memory serves both SDRealtor and sdrealtor came into the business during this upwswing, but the both make up for that lack of (that) experience by having and using their critical thinking skills.
Try to remember the typical RE agent is not a college grad, has no professional experience with qualitative or quantitative analysis, and only knows as much about RE as they learned in their Anthony School’s Introduction to Real Estate courses. They depend on David Leahrah and their local Diamond Level upline to tell them what to think and what to say. You probably are better off talking trends with the guy who runs the hardware store down the street- he’s at least been through it all before.
