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re: Masters in Real Estate Advice

Posted on 11/22/17 at 8:05 am to
Posted by trillhog
Elite Membership
Member since Jul 2011
19407 posts
Posted on 11/22/17 at 8:05 am to
Real estate is a highly complex, highly risky business. As with anything there are levels to this shite. People pay huge money to have these MIT types analyze their deals. So many factors, lease rates and terms, market rates and terms, depreciation, capital improvements, interest rates, what the 10 year bond is doing, it is those that really are educated that crush it. There is not one wealthy person without a extensive real estate portfolio.
Posted by TheHarahanian
Actually not Harahan as of 6/2023
Member since May 2017
24372 posts
Posted on 11/22/17 at 8:17 am to
I've been thinking about going to grad school for this after I finish my bachelor's in bagging groceries.
Posted by Collegedropout
Where Northern Mexico meets Dixie
Member since May 2017
5202 posts
Posted on 11/22/17 at 11:05 am to
Get an MBA if you really wanna play school
Posted by Captain Crackysack
Member since Oct 2017
2231 posts
Posted on 11/22/17 at 11:10 am to
Kudos. You put in some serious effort to make all that up
Posted by el Gaucho
He/They
Member since Dec 2010
60197 posts
Posted on 11/22/17 at 11:23 am to
I got my masters in selling cars
Posted by bowlbound
Member since Oct 2017
629 posts
Posted on 11/22/17 at 11:25 am to
If you want to stay in the West, did you look into the Marshall School MBA in RE or the Lusk Center at USC. It's top 10 but also runs about $55K per year. Also the Drollinger Masters of RE Development. You will make plenty of connections. People make bank in commercial RE in California. With the exception of RE Finance, the industry seems to be geographic centric. If you want to live in the west, go to school there. Of course, if you go to UPenn or another top ivy, there is always someone who will hire you regardless of where you are from.
This post was edited on 11/22/17 at 11:28 am
Posted by 19thHole
Working on my TPS reports
Member since Dec 2007
4908 posts
Posted on 11/22/17 at 11:30 am to
I don't know specifically about the programs the OP is referencing....but....

there's a hell of a lot more to the "real estate" industry than just agents and brokers --- doubt the op is talking about real estate school to pass the exam
Posted by AUjim
America
Member since Dec 2012
3835 posts
Posted on 11/22/17 at 11:32 am to
In all seriousness.

What specific area are you trying to get into?

The level of market analysis that a typical agent can provide is hot garbage...and formal education, while probably not required, would definitely give you an advantage...but I get the feeling you ain't exactly trying to sell $275K single family homes...
Posted by trillhog
Elite Membership
Member since Jul 2011
19407 posts
Posted on 11/22/17 at 11:33 am to
Get your CCIM if you want real useful education.
Posted by Giantkiller
the internet.
Member since Sep 2007
25843 posts
Posted on 11/22/17 at 11:40 am to
quote:

People get an undergraduate, let alone a graduate degree, in this?


quote:

Is that a serious question lol?



Honestly, I thought you were joking. Is this a real thing?
Posted by 19thHole
Working on my TPS reports
Member since Dec 2007
4908 posts
Posted on 11/22/17 at 11:42 am to
great program
Posted by LSUBanker
Gonzales, La
Member since Sep 2003
2711 posts
Posted on 11/22/17 at 12:20 pm to
quote:

Masters in Real Estate Advice


Just watch this movie and learn...

Posted by East Coast Band
Member since Nov 2010
67017 posts
Posted on 11/22/17 at 12:29 pm to
"I assess this property to be worth $1.2 M."

"Why?"

"Because the adjacent property sold last year for $1.1 M."

"I'm not so sure about that."

"Well, I have a Masters in real estate."

"Ok, then, I'll trust you."
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