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Sunday, July 13, 2008

What Nouveau Riche University is All About?

Real estate can be a great career for people who like to work independently and are good at sales. If you are looking for a part time job that has a high commission payout then real estate is the job for you. Getting a real estate college degree is really an investment in your real estate career because it will help you achieve more and go further within the industry. If you are already working in real estate then you have probably realized that having a real estate degree is a great way to set yourself apart from the thousands of other real estate agents. Experience is great but education is also important to even if you have experience in real estate you can benefit from getting a real estate college degree. I have mentioned in several posts before about Nouveau Riche University. Does anybody know anything about it? Today I will post about it again for further information.

Nouveau Riche University is a marketing business that encourages and monetarily incentivizes its members to use high-pressure sales tactics to sell a highly expensive real estate “education” package with questionable value to unsophisticated people with the lure of quick money and unlimited riches in real estate. Success in Nouveau Riche University is highly dependent on a booming real estate market and a unique talent in sales and marketing.

What makes Nouveau Riche University so insidious is that it plays on the fear and greed of ordinary people, often friends and family, most of whom will go bankrupt by following Nouveau Riche University investment strategies during a severe and sustained real estate down turn such as the one we are experiencing now, and most of whom will fail in selling the tuition package because they lack the sales and marketing expertise, which is further exacerbated by a declining real estate market. Taken as whole, Nouveau Riche University may be perfectly legal, but many people will feel like they were cheated out of thousands of dollars by someone they trusted. If after reading this, you are still interested then by all means sign up. But just be prepared to live with it if at some point you find yourself either financially bankrupt, morally bankrupt, or even worse, both.

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