What a Real Estate Transaction Manager at a Financial Bank Wishes They Had Known Before Real Estate
Vanessa wishes someone had emphasized the inherent difficulty and the need for "a lot of patience" in real estate transactions, as deals rarely go exactly as planned and unexpected issues are common. Moreover, Vanessa believes better preparation, such as inclusion in more "difficult transactions" early on, would have been beneficial, as understanding legal documents and real estate needs is crucial for success.
Real Estate Transactions, Patience, Legal Documents, Preparation, Problem-Solving
Advizer Information
Name
Job Title
Company
Undergrad
Grad Programs
Majors
Industries
Job Functions
Traits
Vanessa Corcuchia
Real Estate Transaction Manager
Financial Banking Company
San Francisco State University
Fashion Institute of Design and Merchandising
Business Management & Admin
Finance (Banking, Fintech, Investing), Real Estate
Real Estate
Video Highlights
1. The importance of patience due to unpredictable elements in real estate transactions.
2. The necessity of understanding legal documents and real estate needs for success in the role.
3. The value of experiencing difficult transactions early on for better preparation and learning.
Transcript
What have you learned about this role that you wish someone would have told you before you entered the industry?
I would say it's hard and you have to have a lot of patience. Things happen that are out of your control. You can't think every deal you're going to do is the same.
So you have to have that patience and be prepared for whatever comes your way. I would also reiterate that you need to be able to understand legal documents and real estate needs.
If someone had shown me or included me in more difficult transactions, I think I would have learned a bit better. Rather than me just getting into the transaction, finding it difficult, and then asking questions.
I think better preparation is what I'm saying. I wish someone would have prepared me a lot better for things that come out of nowhere.
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