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Real Estate for Work Experience?

TheOneZTheOneZ Registered User Posts: 231 Junior Member
edited May 2007 in Business School - MBA
Does this type of Job count as work experience? I'm probably going to start a firm during college most likely with my father (my idea though lol). Most of the people I see work in some bank/ibank or consulting.
Along with Real Estate, I'm planning on doing Summer Interns at least 2-3 times before I apply for Grad.
Any pointers? ^___^
Post edited by TheOneZ on

Replies to: Real Estate for Work Experience?

  • futurenyustudentfuturenyustudent Registered User Posts: 5,366 Senior Member
    No, only 3 years as an analyst at Lazard, Goldman Sachs, or McKinsey will count.

    Jeez, is that even a real question?
  • TheOneZTheOneZ Registered User Posts: 231 Junior Member
    Sorry =/

    I was just wondernig because some Real Estate people don't actually work in firms (or whatever they're called). A lot are independent and so I was wondering if it would count as work experience because supposedly work experienece has to be full time to count. However, if one is independent, then he/she has work hours that are most likely undocumented which is why I actually bring up the question. I understand that even (yes I read other therads) milking a goat in (I think the guy said) Scotland or some European place counts as work experience and brings diversity. So I was only wondering...
  • futurenyustudentfuturenyustudent Registered User Posts: 5,366 Senior Member
    Uh whatever that's ok....I haven't slept well last night so I was in a little bit of a bad mood...anyway if you were an independent real estate agent/broker/whatever then play up the fact that you know all the facets of running a business. Because that's exactly what you had to do...market yourself, somehow finance your endeavors, send out bills, keep track of commissions earned, keep a portfolio, manage your time, etc etc. I'd have more respect for the independent real estate agent that works out of his office at home than someone who works for Coldwell Banker or Sotheby's. Because if you were a successful entrepreneur, you DEFINITELY have an aptitude for business....you're in the top 5% of entrepreneurs.

    So yes, it counts. How do you think George Bush got into HBS? Oh wait, daddy.
  • TheOneZTheOneZ Registered User Posts: 231 Junior Member
    lol I liked that last comment XD;.

    I guess the term Business is kind of blowing my head out of proportion. If I go independent, would that be considered "entrepreneurship"? Because wouldn't it only be me? I thought businesses required more than one person. Then again, the asian lady selling vegetables at the center of town could be considered a business in a way... but I'm just a little confused. Thanks for making that clear for me though ^__^;; It was really super duper helpful.
  • futurenyustudentfuturenyustudent Registered User Posts: 5,366 Senior Member
    No, businesses DON'T require more than one person. It's just that most businesses consist of more than one person because running a business requires expertise in a ton of different areas, from accounting to finance to marketing to management. There ARE single-person law, medical or financial planning services you know...some that run out of people's office. And um investment funds? Yeah you can run a hedge fund out of a bedroom in your Greenwich mansion. So yeah as an independent agent you're an entrepreneur, selling your services and expertise.
  • futurenyustudentfuturenyustudent Registered User Posts: 5,366 Senior Member
    But would I HIRE the former independent agent over the former Sotheby's or Coldwell Banker agent? Depends. If the independent agent has a client base that's as big or bigger than their Sotheby's or Coldwell Banker counterparts, of course. Otherwise, I'd still look at the independent guy more favorably.....
  • TheOneZTheOneZ Registered User Posts: 231 Junior Member
    Yeah that's true huh. Oh well, it'll take me another 2 years in order to get my Broker's license. Are you a class of 2007? Because you have NYU 2011 and your birthday was in 1988.
This discussion has been closed.