10 Signs that Real Estate is the Right Career for You

10 Telltale Signs that Real Estate Might be the Career for You

Joe Stampone Start a Career 15 Comments

I spend a lot of time chatting with college students and young professionals interested in a career in real estate. I always ask what draws them to the real estate business and they often cite their interest in finance, but desire to work within a tangible asset class.

While that’s a prerequisite, there are some other telltale signs that real estate might be the career for you. These are traits I’ve noticed in my friends who are passionate about real estate. Although passion isn’t even the right word, for them real estate is more of an obsession. If you possess any of these, real estate may be a career for you. And if you don’t, well, you might want to reconsider your career path.

  1. You dream about running your own deals and plan to launch your own shop in the future
  2. You’re constantly noticing buildings in your neighborhood that you want to redevelop – you know that old abandoned warehouse that would make the perfect loft condo development
  3. You talk incessantly about architecture, the world’s tallest buildings, record sale prices, and price per square foot
  4. You have an opinion about all major developers in your city, even if it’s just hearsay
  5. You’re not a huge fan of Donald Trump, but love guys like Sam Zell, Stephen Ross, and Mort Zuckerman
  6. You spout facts about buildings as you walk down the street even with your non-real estate friends
  7. You can identify many major buildings in your city by address
  8. You devour sites like Curbed and The Real Deal even if you don’t work in those markets
  9. You’re constantly networking and your schedule is filled with breakfasts, coffees, lunches, cocktail events, and dinners with your real estate buddies. You also find a way to access expensive real estate events for free
  10. You didn’t grow up playing golf, but you’ve gotten into it for the sake of the business

To me and a lot of my friends in the business, real estate is far more than a career, it’s an obsession. If you think real estate is the career for you, ask yourself, is this something I’m obsessed with?

What do you think?  

  • Jaypee Chambers Noida

    This is the best post ever.

    Jaypee Wish Town

  • BruceREFM

    Great post, Joe. Anybody can work in real estate, but only the passionate will tear it up and make a real dent. Like all other businesses, it’s way too competitive at the highest levels to thrive if you are just going through the motions.

  • Hey Bruce, I absolutely agree, great comment. While I think this is true of any career field, there’s something uniquely different about real estate professionals.

  • Jessica Sala

    Yes on #3 and #5!!! LOL so true!!!

  • Kerry Adams

    Telltale signs are good but I guess Joe missed the most imporatnt point here – Money. If you don’t have that, real estate business will be only a wishlist item. Afterall it does involve big stakes; much higher than the run-of-the-mill investments.

    Kerry Adams
    http://www.markhay.com.au

  • rluv16

    #6 states it all – it is as natural as breathing.

  • Every time I go back and read this I find myself laughing at those two. Thanks for the support over the years, Jessica.

  • Agreed – it’s an obsession. Thanks for reading!

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  • Jake

    Wait honest question, how come Donald Trump is not beloved in the real estate development world?

  • Ha – Success is only one factor of being ‘beloved’. Others include respect, honesty, and innovation, traits the Donald doesn’t possess.

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  • Susu

    I am a university student with background in geography and urban planning, so I always curious about the location choice and renovation path for real estate projects. And that was the start point for me to be interested in property market.

  • @disqus_ZWwwhKHOA2:disqus it’s an interesting topic and what that’s no easily explained. I’m curious how the development path will change when autonomous cars become ubiquitous – http://astudentoftherealestategame.com/my-thoughts-on-the-massive-impact-autonomous-cars-will-have-on-real-estate/