Real Estate- careers and speculation

<p>anybody interested in or practice in the field of real estate. i already have my liscence, for cali. im not sure either to go with a traditional internship with a traditional firm and go into a traditional career(like banking, ughh barf) or to just go into real estate sales/brokerage/refinancing. im a pretty gifted salesmen.</p>

<p>how do arizona and nevada markets look?</p>

<p>I deal with a lot of realtors. Arizona and Nevada,especially in Las Vegas, are booming markets.</p>

<p>cool.</p>

<p>any other comments?</p>

<p>bump.........</p>

<p>i intern at a real estate company, and i am liking it.</p>

<p>what do you do? what firm? what does your firm do?</p>

<p>well, put in a way, i am my supervisor's personal assistant. i follow him around office, and he teaches me things about real estate. soon (the time has not come yet) he will bring me out to meet clients and i can act as an observer.</p>

<p>Nevada's good right now, especially in the Las Vegas area, but California is a good place too. </p>

<p>I'm curious to know whether clients prefer older adults to do their real estate work rather than young, fresh-out-of-college guys/gals.</p>

<p>Kfc4u: Clients prefer anyone who looks and seems confident and knowledgeable. Younger does have an edge because they are perceived as having more energy and "get up and go" than us 'old fogies.'</p>

<p>The key is that you need to 'fake it, till you make it.' No matter how poor, hungry, or desperate you may be, you can NOT communicate that to a person, or they won't use you. You have to come across as successful, confident, and knowledgeable. If you aren't sure of something, get back to them quickly. Good customer service is rare. If you follow my advice, you should have no trouble in real estate or in any other profession.</p>

<p>bump, what the hell nobody does real estate?</p>

<p>I dont really pay much attention to the real estate brokerage business. However, if real estate development is an area you are looking for I suggest going to a top school and then heading out to work for one of the big firms in this industry. The current situation in real estate agent business is due to this large gain in real estate values since the early 1980s as well as high turnover. However, development is an area which has been very lucrative for years and has a high reward at the top. Most top PE firms have a real estate group. Typically these positions are very difficult to get directly from undergrad (almost exclusively Wharton and Harvard). Some firms:</p>

<p><a href="http://www.blackstone.com/real_estate/index.html%5B/url%5D"&gt;http://www.blackstone.com/real_estate/index.html&lt;/a>
<a href="http://www.related.com/index.asp?model=homeRelated&view=1&companyid=7%5B/url%5D"&gt;http://www.related.com/index.asp?model=homeRelated&view=1&companyid=7&lt;/a>
<a href="http://www.thecarlylegroup.com/eng/industry/l2-industry497.html%5B/url%5D"&gt;http://www.thecarlylegroup.com/eng/industry/l2-industry497.html&lt;/a&gt;&lt;/p>

<p>Also keep in mind most investment banks have a real estate groups as well.</p>

<p>im more interested in organizations that deal with real estate exclusively. and i do go to a top school, can you guess which one? i bet youll never get that one.</p>

<p>If you are interested in real estate, I know of at least two good schools"</p>

<ol>
<li>Univ of Wisconsin has a strong program in real estate</li>
<li>Pratt Institute has a program in "construction management."</li>
</ol>

<p>I am not sure which is best for development.</p>

<p>i already go to school</p>

<p>i plan on maybe getting my masters in real estate development from USC's school of policy, planning and development. irvine co likes to hire a lot of that schools grads. what does everybody think about that?</p>