ULI and BisNow are Trash

I used to value real estate networking events, meet new colleagues I respected, and learn a nugget of info. Now, it's a bunch of jabronis who own a AirBNB, sell solar panels, or brokered one land sale 2 years ago. I don't see high-level or even mid-level people at these events anymore. What are the mid-level career forums and associations that filter out the riffraff?

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In my experience, there's kind of a cat-and-mouse game with these events, where good ones become victims of their own popularity, and get overrun with third party service providers (cats) like the tax consultants, and then the actual real estate investors doing deals (mice) scurry away to another one.

Look for some combination of these to gate events and keep them 'exclusive':  high registration fee (or exotic location), invite only, alumni associations. But the sales guys are good and can figure this out and spoil the secrets.

I can see why the older guys tire of the conference circuit.  

 

The older guys tire out of the conference circuit until they’re retired and have nothing else to do.

I see people from 20-40 and then 60+. The age group in between simply have too much going on in their job and do most of their networking organically for the benefit of their employer that going out of their way to attend these conferences is not worth their time. Understandable, but unfortunate as many of the people I’m describing are precisely the kind of people I want to meet. Those in their prime and with a lot of interesting projects/deals recently executed or underway and still contemporary enough to share game that applies to the real estate environment we’re all in.

 

ULI is useful if your local ULI is well-run. I’ve lived in places where it was incredible and places where it was a joke. All depends on leadership & programming. If it’s good, the higher ups will participate. If it’s a joke, it’ll be all brokers. 

Commercial Real Estate Developer
 

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