What Type Of Person Thrives In Real Estate According To A Grupe Company Quantitative Analyst
To thrive in the real estate industry, individuals must be "very driven," possess a "hunger for knowledge," and excel at networking, adapting to changes like fluctuating interest rates and new legislation. Strong networking skills are particularly crucial, as "deals just pop up" through connections with various professionals, including lawyers, brokers, and designers.
Networking, Adaptability, Financial Acumen, Knowledge Seeking, Drive
Advizer Information
Name
Job Title
Company
Undergrad
Grad Programs
Majors
Industries
Job Functions
Traits
Mariana Roge Ferreira Duarte
Quantitative Analyst
The Grupe Company
University of the Pacific
University of the Pacific - Financial Mathematics
Economics
Finance (Banking, Fintech, Investing), Real Estate
Data and Analytics
International Student, Scholarship Recipient, Student Athlete
Video Highlights
1. Drive and ambition are essential for success.
2. A strong understanding of finance and market trends is crucial.
3. Networking is vital for deal-making and staying current in the industry.
Transcript
How would you describe people who typically thrive in this industry?
People are driven and hungry for knowledge. They're also really great at networking. I feel like all three of those apply to any industry or role.
But, as I said, you have to keep yourself relevant. There's a lot of legislation that comes out that plays a role in rental communities and single-family builds.
There's also a lot of new products that come out, and you have to understand your competition. You have to understand where to get the money from.
You have to be able to adapt significantly in this industry. Mainly right now, interest rates are going to be high for a while compared to past years where capital was just flowing out of the economy.
Networking is huge in real estate. The more people you know in your field, the better. Deals just pop up.
It's very much like, "Oh, I know a guy." You might know a lawyer who works with acquisitions or purchase and sales agreements. You might know a broker who works in a specific area, or a designer who is very well-known there.
So, keeping yourself known in your areas and networking is huge.