If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!

If you are a college student looking to intern with a real estate company this year, good luck. The prevailing wisdom is that the internship possibilities are few and far between as real estate firms of all types have hunkered down.

That is not to say that there are no opportunities. If I had to bet, top producing commercial and residential agents across the country are still busy. Instead of looking to a broker to provide the opportunity, go ask an agent. The pay may be bad or worse, but the opportunity to learn in the trenches on how the industry works will still be there.

And learning on the ground instead of an office may be the best experience you can get.

“It’s a tough market for kids out there majoring in real estate. They’re going to have a tough time finding employment or even internships,” he said. “But I’ve been in this for 32 years and my philosophy has always been to prepare students to do anything in finance because the real estate market is so cyclical and at times, there may be little or no employment, but there will always be real estate changing hands.”

At TCU, real estate is offered as a concentration area within the business school’s finance major. Lipscomb said the program is set up so finance students with a real estate emphasis can still find employment should the real estate market be in a downturn. And though students are largely encouraged to do summer internships in their professions, the current real estate market ultimately is dictating students’ choices. Fort Worth Business Press.

Related posts:

1. University of Central Florida Offering Masters in Real Estate
2. Construction Jobs Down 13 Percent From Last Year
3. It Isn’t Just Residential Real Estate Hurting, CB Richard Ellis Feeling the Pain
4. Real Estate Agents Need To Be Trusted Advisors in 2009, Not Cheerleaders
5. A Great Read For Real Estate Professional Getting Ready For 2009