Transitioning From Real Estate Brokerage to Real Estate Private Equity
A student recently asked the following question: Hello, I’m a residential real estate broker who wants a career in real estate private equity. I am a 34 year-old with a business management degree. I have a resume of small real estate investments, emergency services, and real estate brokering. Currently, I am pursuing a financial modeling certification and applying for a Full Time MBA, since it is a big career change. Do you have any suggestions on education or track to go down? Also, would like to know what skills to obtain over the next year -- I’d like to stop being in a commission job. Below is my advice. Full-Time MBA Pursuing a full time MBA is a good idea. You could also get a masters in real estate; though you may prefer an MBA given its general appeal to other opportunities outside of real estate private equity jobs . You’ll likely appreciate this article , in which I interview an acquisitions analyst who broke in from a non-target state school. Th...