Graduate Spotlight: Charles Ngansop, MRE
REALTOR® University Class of 2017
Concentration: Commercial Real Estate Investment & Analysis
How do you think the Master’s program impacts the real estate industry as a whole?
Real estate is one of the few industries where no degree is required to get into. But giving the complexity, the dynamics of the economy and the environment, real estate practitioners must be educated and trained to keep up with challenges of the business. Not only the education sets the practitioner apart from the competitors in terms of level of service, but it also opens doors of opportunities in terms of jobs to the communities and to the economy as a whole. The Master Degree program is certainly one of those degrees that can help in achieving these goals.
Why did you pick your concentration?
It was just a natural continuation of my education as I was already engaged in the investment side of the real estate business. I run a small startup family owned and operated real estate Investment Company (Blueland Properties, LLC) that focuses on residential rehabilitation and rental. As we were in the process of branching out into commercial, the choice for Commercial analysis became obvious.
Tell me how you feel the Master’s program will impact your future in a positive way.
I’ve learned through the program how to analyze commercial real estate for acquisition and all the implications that come along with this type of property, like taxes, marketing, repositioning, and disposition, to name a few. Without this education, I don’t believe it would have been possible to gain access to this level of knowledge that I’ll use inevitably to take our company to the new direction I indicated in your previous question.
Tell me a bit about yourself in general.
I was born and raised in Cameroon. I hold a degree in Electrical Engineering from the Advanced Teachers Training College for Technical Education at the University of Douala in Cameroon. For twelve years, I was a Technical High School Teacher in my home country prior to my coming to the US. Soon after I settled here, after doing a few jobs here and there to sustain myself and the family I left behind, I decided to enter into the real estate business. From that moment (in 2005) I’ve never looked back.
What or who encouraged you to enroll in the program?
I was urged to enroll into the program by myself as a result of the burning desire manifested within me. That burning desire is constantly pushing me to acquire the knowledge I need to face the challenges of the modern life we’re in today. I’m certain that knowledge coupled with action can make a big difference in our quest for any kind of freedom. Financial freedom is one of them.
What did you find the most challenging about the program?
Nothing. It was just a bit of fun. I had a good time. When you have fun doing something, it’s hard to pay attention to challenges.
Earning a Master’s degree and working full time is demanding. What helped you survive those moments?
My permanent and constant positive attitude, I think, is my strength. As I said earlier, I was having a good time during the entire program. We all have 24 hours a day. No one has more time than others. This means, the key to surviving the overwhelming workflow that a full-time worker will face in the program is, definitely, time management. Which means setting priorities by writing down a to-do list and being serious about your commitment. Make it a routine. Before you know, it will become fun and you will even discover how much time you have and maybe how much has been wasted.
What would you tell prospective students about the program?
Jump in! It’s easier than you think. It’s fun. Take your classes one at the time. That’s exactly what I did. I’m sure some of my classmates or alumni will relate to this statement. One at the time strategy worked very well for me because my days are always booked with things to do.
Congratulations Charles Ngansop!
A graduation ceremony will take place on May 19 at the REALTORS® Legislative Meetings & Trade Expo in Washington, D.C.