Half of this business is politics. As real estate developers, it's our job to go in there and get beat up.
Sentiment: NEGATIVE
The problem with real estate is that it's local. You have to understand the local market.
Real estate deals a lot with the government. It isn't like manufacturing, logistics, home appliances or the auto sector, which deal with consumers.
We're the real estate industry - not the manufacturers.
I view real estate as the most intriguing opportunity that I've seen in my business lifetime.
Real estate sales was perfect training for the experience to go into public life because you learn to accept rejection, learn to meet new people, learn to work with people and find common ground. That's the way you sell houses... that's also the way you win over constituency.
In the commercial real estate business, brokers spearhead major accounts. But they wouldn't have customers without the people who oversee construction.
In the real estate business you learn more about people, and you learn more about community issues, you learn more about life, you learn more about the impact of government, probably than any other profession that I know of.
As Realtors, you live and breathe the American dream.
Our industry is full of all sorts of eccentricities and one of them is owning property.
I made a tremendous amount of money on real estate. I'll take real estate rather than go to Wall Street and get 2.8 percent. Forget about it.
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