I'm in Architecture school (want to be a developer and design my own projects).I'm currently working for a broker and planning on getting my broker's license as well.Is this a good way of getting experience towards getting a job at a Real Estate Development company after graduation?I have an associates in Real Estate and soon a Bachelors of architecture. In the future I might get an MBA in Finance. Is this a good plan or what do you recommend?
No... the real estate agent route will not get you there. In most states, getting a broker's license takes 3 years of being an RE agent, and it does not really help you in development projects... you will save the 3% on buying of the land and selling of the properties, but there are other ways to recoup those costs (just being an agent, or having a referral license come to mind. If you want to be a developer: work for a developer, if you are learning architecture, you hae skills they would need. Other options; engineering (civil) firms, City or county planners office, Large local utilities (gas/water/electricity) in their development office. Real estate management company might help also.... HUD... a bank that has real estate holdings...lots of options... RE broker is not one.
