A Note to College Seniors: There’s no Wrong Place to Begin a Career in Real Estate

Joe Stampone Start a Career 8 Comments

As college seniors approach graduation and prepare for a career in real estate, many are left without job offers. It wasn’t too long ago that I was a college senior and had no clue what I was going to do post-graduation.

For much of the senior spring semester I had a laser focus on obtaining a position within real estate finance or development. After countless informational interviews, that’s the only position where I thought I should be. The problem was that by mid-2008, the equity markets were frozen and new development had come to a screeching halt. I graduated with no position and had to revert to my fallback option – working with my uncle at a two man investment firm. It turned out to be a blessing in disguise. I learned about brokerage, construction, and property management, three pillars of the real estate business.

Sexy? No, but do I use the knowledge I obtained chatting with brokers, spending time on construction sites, and dealing with tenants, you bet.

The point is that you shouldn’t worry if your first job isn’t the sexiest, most sought after role. In real estate, there is no linear career path. To those seniors: Use your network and find a job. Don’t be picky; you can learn a lot in many varying settings.

When you inevitably do land a job, you should move vertically, horizontally and jump around within your own company, while being open to outside opportunities, if you want to be successful.

Make sure you don’t take yourself too seriously or think you are too good for any task. There’s a lot to learn.  You will make mistakes. Be willing to work hard, network, try to keep learning, and don’t ever accept it when somebody says do it because that’s the way it’s always been done. A big part of this blog is to get people to challenge assumptions. Using common sense is really the toughest thing to get people to learn.

Real estate can be a challenging and rewarding career path. So my advice to those who are graduating and want to be in real estate….find a way to get into real estate!

If you’re interested in a career in real estate, start here.

  • Uday Jain

    Hey Joe Stampone really very nice article.. & its really very good career in real estate.. I am also working in real estate filed. you can go through my site puneproperties.com & once again thanks for this article.

  • Kernick Homes

    I had never heard about this thing before. Thanks for providing such a nice information to people who are connected with real estate market.

  • MG

    I’ve heard many arguing about public schools being better than private schools when it comes to get your real estate license but I have found http://www.excelrealtyacademy.com/about-us who seems ok and they say you’ll pass the exam on your first try. What do you think?

  • Joe2492

    Hey Joe! Excellent Blog! I’m graduating from a NESCAC school next year and my number one goal is to work in real estate. I really liked the post and interview with Chase about Real Estate Investment Banking. Do you have any other posts about specific career options or ideas about other ways to break into real estate right after undergrad?

    Thanks!
    Joe

  • Hi Joe,

    Thanks for reading. Us NESCAC guys need to stick together. I have a number or articles on real estate career options under the ‘Start Here page. If you have any specific questions please feel free to email. Best of luck in the job search. Stay in touch.

  • Joe2492

    Thank you very much!

  • juliane leda

    Yeah exactly… I definitely love your post… Its a kind of motivation for me… love it

  • skyeearth.in

    Your post is a good help for college students and will surely help many students to know about the same!