Working in real estate used to be golden in Inland Southern California. You could list a property on Monday, sell it on Thursday and take your spouse to dinner to celebrate by Saturday (sometimes).
Those days are gone, at least for now, and that dinner is probably a lot less expensive than it was when prices and commissions were peaking, but it looks like job opportunities in real estate for young professionals could be on the upswing. According to the Lusk Center for Real Estate at the University of Southern California, job offers for seniors coming out of the school were more plentiful this year.
Also, students coming out with master's degrees are being offered better money than in 2010, a Lusk Center spokesperson said.
The school knows of 150 job openings to its graduates this spring and summer, a 25 percent increase over last year. Also, the average total compensation package in 2011 was $120,000, and that's a 15 percent increase over the previous year.
Most Lusk Center graduates used to take development jobs, with companies that invested in properties and engineered multi-million dollar deals. These types of jobs fell off sharply when the recession hit, and these are the jobs that are coming back now.
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