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Jumping head first into real estate

By
Real Estate Broker/Owner with Ready Realty by Core Select, Inc. 2009000870

As I venture forth in Activerain bootcamp I was asked to identify why I got into real estate.  As I pondered the question, the more interesting it became.  The real answer is, "I don't know!".  It wasn't as if I have some long family history, or that I even admired someone like Donald Trump.  

I suppose you could say that my timing with real estate was perfect or terrible depending how you look at it.  In 2003 I was looking to fill out my course load at Ohio University and ended up tagging along with a buddy to Real Estate 101 (aka Pricinples and Practices to you veterans out there).  The professor was so adamant that there was no "real estate bubble" and harped  about the long term value of real estate so much, that I bought in!  Literally...

I went to Chase Bank on Court St and received a no credit-no asset loan to purchase my first property as a college student.  Imagine doing that these days, right?  Fortunately, it went pretty well and a year later I had multiple properties and a real estate license.  I was all in, and ready for a rewarding career.......well, sort of.  

Then, as we all know, the bubble DID burst.  My rental property was fine, college campus's are somewhat bubble proof.  However, my career in real estate definitely got off to a rocky start.  So much so that I switched from residential to commercial in 2007,  It ended up being a career saving move, and in my second year I was in the top ten in leasing for the Columbus market.  More importantly, I had a new found confidence in my ability to be a succesful Realtor.

It has since snowballed into the creation of my company, "Core Ohio Realty Advisors", a true full service real estate company.  With an improving market, and the company growing solidly in its second year, its hard to even imagine doing anything but real estate.  I guess you could say, that I'm still all the way bought in!

Kalene Bagwell
Realty Executives Of Kansas City - Blue Springs, MO
Realtor - Selling Blue Springs - Kansas City Metro

Congratulations Matt!  Sounds like you made some good moves with your real estate career!

May 17, 2012 12:38 AM
Matt Cochrell
Ready Realty by Core Select, Inc. - Columbus, OH
MBA in Business Analytics, ABR, NAR Green, BPOR

Thanks Kalene....of course the good has come with plenty of bad :)

May 17, 2012 12:46 AM
John Mosier
Realty ONE Group Mountain Desert - Prescott, AZ
Prescott's Patriot Agent 928 533-8142

Congratulations, Matt!  I think that a good foundation of education iin business is a great help to making you a success!  Do you think you have entrepreneurism in your blood?

May 17, 2012 01:55 AM
Matt Cochrell
Ready Realty by Core Select, Inc. - Columbus, OH
MBA in Business Analytics, ABR, NAR Green, BPOR

Thanks John, I think I better have some serious entrepreneurism in my blood!

May 17, 2012 02:13 AM
Bill Gillhespy
16 Sunview Blvd - Fort Myers Beach, FL
Fort Myers Beach Realtor, Fort Myers Beach Agent - Homes & Condos

Hi Matt,  Given that none of us really knows what this business is until we jump in full time your answer is probably very correct.

May 17, 2012 03:00 AM
Kevin Sembrat
Diversified RCS Inc; http://www.ManhattanPropertiesGroup.com - Manhattan, NY

Super move, Matt! Congratulations, and keep it going!

 

May 17, 2012 03:53 AM
Adrian Willanger
206 909-7536 AdrianWillanger-broker.com - Seattle, WA
Profit from my two decades of experience

Matt, good for you, I enjoy reading success stories particularly in real estate. Keep up the good work in all that you do. 

May 17, 2012 04:00 AM
Faye Y. Taylor
StepStone Realty, LLC - Floresville, TX
Country Living with City Convenience -Wilson Co TX

Congrats on a good career choice.  I  have always wondered if commerical is a hard field.  Not to say residential isn't but commerical has always seemed harder to me.

May 17, 2012 05:04 AM
Les & Sarah Oswald
Realty One Group - Eastvale, CA
Broker, Realtor and Investor

Matt - Congratulations on all your accomplishments. It seems like you been making all the right choices...

May 17, 2012 05:31 AM
Bruce Brockmeier
Internet Marketing Consultant to REALTORS® - Yorba Linda, CA
Coached By Crouch

Good for you!  You've adapted to the changing market.  You deserve all your success.

May 17, 2012 05:48 AM
Beth Atalay
Cam Realty and Property Management - Clermont, FL
Cam Realty of Clermont FL

Congratulations to you Matt on your success and wise choices you have made.

May 17, 2012 06:15 AM
Kevin O'Rourke - Keller Williams Miami Beach Realtor
Keller Williams Miami Beach Realty - Miami Beach, FL
CDPE Miami Short Sale Agent 305-520-9436
Matt, congratulations on your inspiring tale of success. No doubt being an active paricipant here on AR will only push you higher.
May 17, 2012 11:57 AM
Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi
NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656 - New Lenox, IL
708.921.6331 - 40+ yrs experience

Very interesting story, Matt.  Funny how we all have our own unique paths leading to where we find ourselves presently.  Maybe it's my age.  Maybe it's the number of years I've been in this industry.  But I truly believe things happen for a reason.  Look at it this way.  You've survived where so many did not.  To me, that means you'll be in a great place when the market heals.  You're already seeing positives and success.  You're well on your way ... all good signs.  Best of luck .. and congrats on the Feature.  Great start!!

Gene

May 17, 2012 01:21 PM
Nancy Lamb
Home Smart LifeStyles - Fountain Hills, AZ
& Loving AZ Team-Fountain Hills AZ

Matt, I wish you continued success. Sounds as though you have a lot of talent and brains. Plus with luck on your side, you will go far in all your endeavors. Congratulations!

May 17, 2012 04:11 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Matt, whoever is 'survived' till today are really GOOD! (Almost 40% of them found something else to make money) so Congrats for your persistance and all the best for a successful real estate office.

May 17, 2012 04:32 PM
Phil Leng
Retired - Kirkland, WA
Phil Leng - Retired

Hi Matt,

A rare success story during these last few years.

Thanks for sharing, and congratulations!

Phil

May 17, 2012 07:46 PM
Matt Cochrell
Ready Realty by Core Select, Inc. - Columbus, OH
MBA in Business Analytics, ABR, NAR Green, BPOR

Thanks everyone!  I find it somewhat surprising that everyone is congratulating me.  I have actually looked at the last 8 years as a complete struggle.  When I was writing, it didn't necessarily feel like a total success from my perspective.  It definitely is inspiring to get such positive feedback from a lot of successful peers.  

I suppose, that if it wasn't a struggle, it wouldn't be worth it.  

 

 

May 18, 2012 12:11 AM
Christine Donovan
Donovan Blatt Realty - Costa Mesa, CA
Broker/Attorney 714-319-9751 DRE01267479 - Costa M

Matt - Congratulations on "stumbling" in to real estate.  It sounds like it's worked out well.

May 18, 2012 03:56 PM