Texas Shoot Out

The Dallas Country Club hosted a Texas Shoot Out for the second year. This test of commercial real estate skills was an impressive display of talent, intellectual strength, and ability. Teams of four to six people were assigned to evaluate a complex real estate situation. This situation focused on the sales-leaseback arrangements as well as the corporation consolidation of two business campuses in a difficult market. This market challenge was set in a difficult and declining marketplace such as what they may experience today. Teams then conferred and designed solutions for the potentially real life issues. After reaching their conclusions the teams discussed these with a panel of real estate executives, experts in the field.

This competition is in it's third year. It was designed with the intention to build and strengthen the ties between the Dallas real estate brokerage community and the student real estate programs. It is the goal to show the development of talent young real estate students to those who can hire them locally. The panel selects from among the competitive teams one winner. The winning team receives a 10 thousand dollars prize, and second place takes home 7, 500. The prizes are divided first between the school they represent, then among the team members. This builds the school and the teams. Teams keep 60% of the winnings while 40% is apportioned to the school. From there the winning is divided among the teams.

This year the University of Texas - Texas Longhorn Team took home the top prize.

Joe

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