Whether real estate professionals are developing a project, acquiring a property, managing a property portfolio, negotiating a lease, or engaging in many other kinds of activities, the work is challenging. So, why do people choose to go into real estate?
According to real estate developer Richard Josephberg, founder of Almorli Advisors, the reasons are numerous. To some people, its appeal lies in the challenges and opportunities for entrepreneurship that it offers. To others, the idea of building something is highly important, as they look forward to the opportunity to help shape the urban environment or to engage in public issues. Its monetary rewards are also an important deciding factor.
When it comes to breaking into the real estate business, another interesting benefit is that real estate professionals get the chance to work with a variety of clients and customers. Namely, over the course of his career, Richard Josephberg has collaborated with large corporations and small businesses, large retail companies and small retailers, institutions that own real estate, owners and managers of multifamily properties, and single-family home buyers. Real estate also offers a variety of work. No development project, real estate transaction, or property management assignment is exactly the same as another.
On a personal note, Richard Josephberg has been drawn to real estate by the opportunity to join, work with, and advise real estate organizations whose projects, buildings, and real estate assets have far-reaching effects on the urban environment. Many real estate professionals decide to offer their services to nonprofit or for-profit organizations that provide a public service. These include organizations that build or buy housing for elderly people or low-income families, that build and operate shelters for homeless people, that buy or develop space for startup businesses, that acquire or preserve historic properties, that clean up and redevelop environmentally contaminated properties, or that advise and assist building owners in the use of energy-saving technology.
If you’re considering starting a career in this highly competitive industry but not quite sure where to start, attending a real estate conference might help you get on the right path. An example in New York City is the event “Reach Your Goals and Achieve Success in Real Estate with Richard Josephberg”, scheduled for September.
