I use the words knowledgeable and experienced.

Richard,

Expert is the most over-used word in our nation regardless of the profession as is the word luxury.  One of the companies we worked with claimed to know that we (all of us) in the company knew every square foot in our market place (commercial).  We did, and we also knew every deal that was made, and where deals could be made at.  We truly were experts, and we had visited every building, and the ownership knew us face to face. A

time is often confused with experience ... as for expert? thats not for me to decide...i have fired many experts :)

my thought on the word "expert" is that it's a dangerous word to use.... 

I would have to agree with Hella, have never said I was an expert, but specialist, yes.

Understanding there are five levels of skill in any discipline, expert is recognized to the the HIGHEST level. The expert level engages creative genius NOT derivative works.

More details can be read at HERE. 

Most states typically will accept ten years or more experience is a specif discipline to claim the EXPERT title. Achievement is based on not dying.

In the NAR reality one either buys it or learns how to spell it to claim expert.

I don't think we are experts, we are just experienced.

Richard L. McKinney P.A. - I'd follow Webster on this...

"having or showing special skill or knowledge because of what you have been taught or what you have experienced"

Someone who is looking to be held to a higher standard in a court of law by virtue of claiming to be an "expert"! 

Richard L. McKinney P.A. One thing about this business, we are always in a learn mode to keep up with the industry. How can anyone be classified as an expert.

Until I can foresee the future I will consider mysell a well informed practioner of real estate.

Expert is so subjective. Perhaps someone who has comprehensive, near-intimate knowledge of a. their market, and b. the process of acquisition/disposition in entirety, and c. a network of 'human and other resources' to fill in any blanks and provide support.

I don't aspire to be considered 'expert' but rather, 'valued resource' as I value my resources. There is always a swerve out there that will knock self-proclaimed 'experts' on their ass--and a fresh-thinking greenie will figure it out. :)

Experience, education, and demonstrated competence over 5 years or more.

Good morning Richard. Someone that does over 50 real estate transactions per year.

 Good Saturday morning Richard. IMHO, an expert is someone who has more that above average knowledge about a particular subject.

An expert is someone that has been trained to do a specific job.  Many become eperts when the get a degree or pass a special ciriculum.  We don't hve licensees anymore in Indiana.  With more hours taken in Real Estate School to get a certificate prepares you to take the Stte Exam.  Once that State exam is passed, the prson is recognised as an ecxpert, just like  when someone passes the State Bar exam, they become an expert lawyer.

I don't care for that word and usually use Professional

Knowing sales data for specific type of client or location.

I was going to give the court definition like Ken Jones did, but he beat me to it!

Well, there are a lot of licensees who are far from expert on the subject of real estate, so having a license isn't the criteria.  Should be though.

A very subjective term, for a field full of people with extremely diverse levels of expertise. 

Unfortunately many are not experts, they just took a short class and took a test.

I think the word "expert" is overused.  Although I never called myself an expert, I was an expert in my niche but I was not (and never could be) an all encompassing real estate expert. I think "specialist" is probably more accurate.  There are too many areas of specialty to be a "real estate expert".  

Wow...I don't think I'm an expert and so therefore I'm not qualified to answer this question. 

I don't remember seeing information that spells out a category or time frame that allows a licensee to call oneself an "expert" when I took my brokers licenses in California or Hawaii. I believe it is self-proclaimed. I think "specialist" might be a better word for someone who concentrates on a certain market in real estate. That does not mean a real estate licensee can't specialize in different things, especially in smaller markets.

It is someone who is an expert in a specific market or type of real estate.

It is now a bit of a cliche, a bit like real estate professional. It is a given that we should be professional but expert is subject to multiple definitions. It is also different in what size community you are in. Oklahoma City metro is 1.4 million so expert can be a specialty. However if you are in a community fo 60,000 you need a broader range of expertise to make a living.

One who has general savvy on the subject matter