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Message

Masters in Real Estate Advice
Posted on 11/22/17 at 12:32 am
Posted on 11/22/17 at 12:32 am
So I'm going back to school for my MSRE, and I'm trying to determine which school would be the best to select. The fortunate issue is that I've gotten into the three schools I was targeting. Two of these are Ivy League schools that are the top of the rankings for MSRE whereas the other is within the city that I am targeting eventually living. It's a solidly ranked school, but it's not the kind of instant recognition the other two would have.
I've talked with many people in my profession, and they're always stressing how important networks and contacts are in real estate. I've seen already how important that can be, and I'm trying to weigh that in my decision. Both of the top schools are on the east coast whereas I currently live and want to end-up on the west coast.
How would you evaluate this decision? Part of me says go with the prestige as it would give me flexibility if I move, but the other part of me says having a bunch of contacts on the east coast will diminish the value of the degree if I do stay west coast. The program lengths are roughly the same so no major difference there.
Any advice from those who've gone this path would be greatly appreciated!
I've talked with many people in my profession, and they're always stressing how important networks and contacts are in real estate. I've seen already how important that can be, and I'm trying to weigh that in my decision. Both of the top schools are on the east coast whereas I currently live and want to end-up on the west coast.
How would you evaluate this decision? Part of me says go with the prestige as it would give me flexibility if I move, but the other part of me says having a bunch of contacts on the east coast will diminish the value of the degree if I do stay west coast. The program lengths are roughly the same so no major difference there.
Any advice from those who've gone this path would be greatly appreciated!
Posted on 11/22/17 at 12:34 am to FootballNostradamus
People get an undergraduate, let alone a graduate degree, in this?
Posted on 11/22/17 at 12:35 am to FootballNostradamus
quote:
How would you evaluate this decision?
You’re going to find your biggest problem is not where to find leads, but what to do with all the f&$king cash!!!
Posted on 11/22/17 at 1:54 am to shutterspeed
quote:
People get an undergraduate, let alone a graduate degree, in this?
Is that a serious question lol?
Posted on 11/22/17 at 3:33 am to shutterspeed
quote:
People get an undergraduate, let alone a graduate degree, in this?
This was my first thought too.
In BR you just either have to be a washed up bartender, or an ex LSU athlete.
Posted on 11/22/17 at 3:49 am to FootballNostradamus
Go with the Ivy League. It will you a big leg up in landing a good job.
Also, you'd be networking with big money type of people that will give great money in your profession.
Also, you'd be networking with big money type of people that will give great money in your profession.
Posted on 11/22/17 at 3:55 am to FootballNostradamus
you're coming to the OT for advice on this?
most people here group realtors with tow truck industry, trash companies and insurance as the biggest, fraudulent, mafia bunch of bastards in the world
most people here group realtors with tow truck industry, trash companies and insurance as the biggest, fraudulent, mafia bunch of bastards in the world
Posted on 11/22/17 at 4:25 am to FootballNostradamus
Honest question. How does getting a masters in real estate elevate your future earning potential
I just don't get it. If that is really what you want to do, I would start working hard right now and you will be way ahead of the game in two or three years!
I just don't get it. If that is really what you want to do, I would start working hard right now and you will be way ahead of the game in two or three years!
Posted on 11/22/17 at 5:02 am to TheMailman
quote:
Honest question. How does getting a masters in real estate elevate your future earning potential?
I just don't get it. If that is really what you want to do, I would start working hard right now and you will be way ahead of the game in two or three years!
Wow, it's really surprising hearing how little people on here know how varied the RE industry is. I had no clue this was the case.
Posted on 11/22/17 at 5:44 am to FootballNostradamus
So you're not going to answer my question?
Posted on 11/22/17 at 5:53 am to FootballNostradamus
What is the targeted exit opportunity?
This is honestly a bit of a blind spot for me. I have a buddy who is into some pretty prestigious commercial real estate jobs in the DC area and he has always talked about MIT’s program eventually being his target for graduate school. He has put it on delay because he was able to work his way into some inner circles without going to graduate school.
This is honestly a bit of a blind spot for me. I have a buddy who is into some pretty prestigious commercial real estate jobs in the DC area and he has always talked about MIT’s program eventually being his target for graduate school. He has put it on delay because he was able to work his way into some inner circles without going to graduate school.
Posted on 11/22/17 at 7:15 am to FootballNostradamus
I'm assuming your focus must be on commercial rather than residential correct? I can't imagine needing a masters to sell residential. However, I'm sure this would help accelerate getting a brockers license b
Posted on 11/22/17 at 7:19 am to FootballNostradamus
quote:
Wow, it's really surprising hearing how little people on here know how varied the RE industry is. I had no clue this was the case.
It’s because their conception of real estate is Baton Rouge residential. Maybe Baton Rouge commercial. Maybe.
I would probably go most prestigious, but what you’ve heard about networking is absolutely the truth. Take that into account. That’s all I’ve got.
Posted on 11/22/17 at 7:23 am to FootballNostradamus
I'd save the cash and just buy a DVD box set of all seasons of Million Dollar Listing New York.
Posted on 11/22/17 at 7:24 am to TitleistProV1X
quote:
I'm assuming your focus must be on commercial rather than residential correct? I can't imagine needing a masters to sell residential. However, I'm sure this would help accelerate getting a brockers license b
Lol. The OP is not trying to be a broker.
Posted on 11/22/17 at 7:27 am to theOG
But seriously...
Is money a factor? Do you have scholarships lined up for any of these programs?
All things considered, I'd probably go to one of the ivies. Even if you're on the wrong coast for school, you'll still have plenty of networking opportunities with companies who have a presence on both coasts.
(Also, you know this, but this thread would be better served on the Money Board)
Is money a factor? Do you have scholarships lined up for any of these programs?
All things considered, I'd probably go to one of the ivies. Even if you're on the wrong coast for school, you'll still have plenty of networking opportunities with companies who have a presence on both coasts.
(Also, you know this, but this thread would be better served on the Money Board)
This post was edited on 11/22/17 at 7:28 am
Posted on 11/22/17 at 7:30 am to FootballNostradamus
quote:
Masters in Real Estate
Posted on 11/22/17 at 7:31 am to Mo Jeaux
Oh well in that case I'll send the OP a link to the 90 hour course and he can finish it up for $200.
Posted on 11/22/17 at 7:31 am to FootballNostradamus
What a horrible waste of money 
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