The star of “Million Dollar Listing”, Fredrik Eklund, says that Gen Z does not need a university diploma to arrive in real estate: “You must be on the streets”

Central industry and Lists of a million dollars Star Fredrik Eklund did not even have a baccalaureate in the profession when he approached in the United States – he took a brief course and had gone to the races. But Eklund says Fortune Even it is not necessary.

“There is a four -year university degree to get your license here. I took an accelerated course (AT) NYU, which is two or three weeks, ”explains Eklund. “So (go) to university? You don’t even need it.”

Despite the passage from Stockholm to New York unemployed, connection or real estate diploma, which managed to sell paninis in the street – Eklund was able to make a name for itself in the industry. The 48 -year -old man built his own real estate empire, recording $ 3.77 billion in New York, California, Florida and Texas only in 2023. Some of his notable customers include Sarah Jessica Parker, Jennifer Lopez, Joe Jonas, as well as the Hollywood Power Chrissy Teigen and John Legend couple. And he is proud to currently lead a $ 15 billion real estate center of a hundred agents on Global 10 Markets with his Eklund Gomes team from the luxury company Douglas Elliman.

Although Eklund has not canceled a degree of four years as a means of learning to bite figures and obtaining a foot in the world of real estate, he says that there are some crucial skills that the hopes of the industry cannot learn in college.

“Of course, the school is always good from a social point of view, and it is really good to learn. But what is the study program, and how is it (you) to follow today’s society? ” Eklund explains. “For real estate, it is a very focused job to know each address, to know each cooperative and condos, know each street and know each price. And then these are communication skills and learning negotiation. It is difficult to learn all these things at school. ”

Success does not always come quickly, but being in the “nasty streets” is the best education

While a seven -figure career without a diploma looks like a dream for Gen Z, Eklund also warns that success does not always come quickly.

The real estate tycoon thinks that it takes five years to really do it. He says that it is a super competitive industry, especially in a hotspot like New York with around 82,000 real estate sellers active from April 2023. It is therefore essential that young aspiring industry do not bother through work pressure.

Only a few years, Eklund says he wanted to throw in the towel despite being relatively well for himself. But it took half a decennia to really absorb the profession by constantly hitting the streets – by applying things that he would not encounter in a classroom, alongside people with invaluable expertise in the industry.

“It’s an art and it’s a craft, and the only way to learn is the hard. You can’t really learn it at school, ”says Eklund.

“(You must) be in the streets, the mean streets. It is my first advice. The other would be to start a team, and to sit and learn and absorb all the knowledge. Because again, you cannot learn it for yourself. I have lost many years trying to do it myself.”

Gen Z abandoning university degrees as the advantages dry

Generation Z becomes sour in university degrees – for a good reason. Tuition fees soar at unmanageable levels, formerly stable educational ways like IT are now on rocky land thanks to AI automation, and a diploma no longer guarantees a six -digit salary. In fact, 23% of generation Z said they regretted having gone to university and that 13% would have preferred a qualified or without degree trade career, according to a July study in ResueGenius. Only 32% were satisfied with their education path, and one in five workers Gen Z said that their education had not borne fruit.

It is understandable why so many people regret their education: AI continues to spend more and more entry -level jobs, boxing humans who have gone to the school of remunerated employment. This left around 58% of recent blocked graduates, still looking for their first job during the first year after graduating, according to a Kickresume report.

More industries in person requiring human interaction – such as health care, and even real estate – can be a safer path to succeed than specializing in consultation or engineering. Currently, jobs such as nursing care and the sterilization of equipment are considered to be safe ports in automation and recession impacts. For these Gen Zers not wanting to continue diplomas or assume commercial work such as plumbing and carpentry, real estate could be the game – if they are ready to shake up.

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