STRIVE January 2018 - Page 26

Love What , Where and How You Learn On the leading edge of real estate management education in The Last Frontier By Terry Fields

LOVE WHAT YOU LEARN
When I grow up , I want to be a ( FILL IN THE BLANK ). Doctor , teacher , engineer , scientist , astronaut , or pilot would be expected . Real estate manager would not . I want to change that through vibrant , collaborative learning environments .
The Way Way Background
As a young child , I was always interested in building things – Legos , Lincoln Logs , forts . I was one of those kids that loved Monopoly in second grade and would play computer games like SimCity and RollerCoaster Tycoon for hours . I collected football cards , religiously cataloging , researching , and monitoring their changes in value . I would start odd jobs
to generate cash , and I excelled at selling candy bars , coupon books , and magazines for various fundraisers . Little did I know I was learning the lessons of supply and demand , scarcity , relationship selling , and investing .
Right before high school , my parents went through the process of designing and building a home . I loved looking at floor plans and renderings . I would meticulously design and draw out new plans on grid paper – a hobby I still enjoy . So as I looked forward to college , I thought architecture would be a good path to follow . In my junior and senior years of high school , I interned with an architecture firm , attended a college workshop for architecture , and ultimately was accepted into Ball State University ’ s College of Architecture and Planning . The only problem – I realized by the end of my senior year in high school that I did not want to be an architect . It was my business and entrepreneurial interests that I wanted to pursue . I attended Ball State University , but changed my path to pre-business . What I did not realize at the time was that I had selected one of only a few universities in the country that offered degree programs in real estate management . Exploring opportunities for a minor that paired well with my business degree , I stumbled across the Residential Property Management program . Thinking that it might be related to interesting topics like flipping houses and selling real estate , I decided to declare the minor . I soon realized my original assumptions were wrong , but also that I had stumbled into an area that truly integrated my passions for real estate and business .
The Hidden Side of Real Estate
Like my younger self , when most people think of careers in real estate , they think of development or HGTV . They think of people helping people buy and sell houses for commission or the speculative thrill of flipping properties . If those prospects do not sound like a good fit , they may write off the entire industry . But this is only a fraction of the opportunity that exists in this expansive field . There is a hidden side of the industry , a side where a wide variety of interests and disciplines are needed and welcome . All around us are buildings that serve the needs of families in search of a home , businesses in search of offices and storefronts , and manufacturers in search of warehouse , assembly , and distribution facilities . What many people do not recognize early in life is that ownership is not the only way people and companies gain rights to use real estate . For a variety of reasons , real estate is commonly leased or rented instead . And this isn ’ t only due to financial constraints ; many opt to rent or lease residential and commercial space because they value flexibility , convenience , and the freedom to pursue opportunities without being tethered to a specific location .
26 January 2018
Love What, Where and How You Learn On the leading edge of real estate management education in The Last Frontier By Terry Fields LOVE WHAT YOU LEARN When I grow up, I want to be a (FILL IN THE BLANK). Doctor, teacher, engineer, scientist, astronaut, or pilot would be expected. Real estate manager would not. I want to change that through vibrant, collaborative learning environments. The Way Way Background As a young child, I was always interested in building things – Legos, Lincoln Logs, forts. I was one of those kids that loved Monopoly in second grade and would play com- puter games like SimCity and RollerCoaster Tycoon for hours. I collected football cards, religiously cataloging, researching, and monitoring their changes in value. I would start odd jobs to generate cash, and I excelled at selling candy bars, coupon books, and magazines for various fundraisers. Little did I know I was learning the lessons of supply and demand, scarci- ty, relationship selling, and investing. Right before high school, my parents went through the process of designing and building a home. I loved looking at floor plans and renderings. I would meticulously design and draw out new plans on grid paper – a hobby I still enjoy. So as I looked forward to college, I thought architecture would be a good path to follow. In my junior and senior years of high school, I interned with an architecture firm, attended a college 26 January 2018 workshop for architecture, and ultimately was accepted into Ball State University’s College of Architecture and Planning. The only problem – I realized by the end of my senior year in high school that I did not want to be an architect. It was my business and entrepreneurial interests that I wanted to pursue. I attended Ball State University, but changed my path to pre-business. What I did not realize at the time was that I had selected one of only a few universities in the country that offered degree programs in real estate management. Exploring opportunities for a minor that paired well with my business degree, I stumbled across the Residential Property Manage- ment program. Thinking that it might be related to interesting topics like flipping houses and selling real estate, I decided to declare the minor. I soon realized my original assumptions were wrong, but also that I had stumbled into an area ѡЁձ䁥ѕɅѕͥ́)ɕхє̸ͥ)Q!MIхє)1չȁ͕ݡ)ѡɕ́ɕхє)ѡѡٕЁȁ!QX)Qѡ)͕͕́ȁͥȁѡ)ձѥٔѡɥɽѥ̸)%ѡ͔ɽ́Ёͽչ)аѡ䁵ɥєѡѥɔ)丁 Ёѡ́́䁄Ʌѥ)ѡչѡЁ́ѡ)ͥٔQɔ́ͥ)ѡ䰁ͥݡɔݥمɥ)ѕɕ͍́́ɔ)ݕ)ɽչ́ɔե́ѡЁ͕ٔѡ́)͕́ɍ͕͕ͥ́ɍ)ѽɕɽ̰ՙɕ͕́ɍ݅ɕ͔)͕䰁ɥѥѥ̸]Ё)Ёɕ锁ɱ䁥́ѡЁݹ́͡Ёѡ)݅́ɥ́Ѽ͔ɕхє)مɥ䁽ɕͽ̰ɕхє́䁱͕ȁɕѕ)ѕѡ́ͻeЁ䁑ՔѼɅ쁵)ЁѼɕЁȁ͔ɕͥѥɍ͔)ѡمՔ᥉䰁ٕѡɕѼՔ)չѥ́ݥѡЁѕѡɕѼѥ