Travis Trautvetter '04 (BBA)
USD Real Estate Alum Recieves National Recognition
When USD School of Business Administration alum Travis Trautvetter started an internship his senior year of college at Marcus & Millichap, he had no idea the position would be such a launching point for his career. After graduating cum laude in 2004 with a Bachelor of Accountancy degree with an emphasis in real estate and finance, Trautvetter was hired on a full-time basis as an assistant to a senior agent, and the following year was promoted to an associate. Cut to 2011, when Trautvetter was promoted to vice president of investments and senior director of the national office and industrial properties group, due to the number of transactions he closed.
Not only did Trautvetter receive a new title, he also was ranked as the No. 1 agent nationally at Marcus & Millichap for office and industrial property sales in 2010 and 2011 and received a number of other sales recognition awards within the company, such as the National Achievement Award and the Seven Figure Club.
Trautvetter, 30, who says he comes from a blue-collar background, attributes much of his career success to a lesson he learned from his father at a young age: There is no substitute for hard work. “I understood that as a fact,” he said. “While that’s a simple concept, everything else begins with that approach, and there are no shortcuts to success.”
He also believes that the education he received at USD helped him develop a variety of important skills for life in the workforce, from the university’s small class sizes, which encouraged involvement from all students, to the relationships he made with business school faculty and staff who had a genuine desire to help students get to the next level.
“A typical 10-12 hour day goes by before I even realize it, and my work is never done,” he says. “I just reach a point where I have to go home before the janitor shows up.”
One of Trautvetter’s favorite aspects of his job is that he is an independent contractor, so he is essentially his own boss, which works well for him since he is so self-directed. “A typical 10-12 hour day goes by before I even realize it, and my work is never done,” he says. “I just reach a point where I have to go home before the janitor shows up.”
He believes that for someone to be successful in his position they must have a natural ability to connect and interact with people of all personality types, backgrounds and levels of experience. “Real estate itself can be learned, and family history in the business is not a requisite,” he says. “A degree or other experience in business or real estate or finance does give a useful head start, however.”
Trautvetter continues to stay connected with the university and the Burnham-Moores Center. This past March, he was invited to speak at USD’s Real Estate Society meeting to give undergraduate students advice for getting started in their careers. He also explained the importance of trying out several internships before graduation to find a good fit, as he learned first-hand while attending USD. As a self-described diehard baseball fan, Trautvetter can also be spotted in the bleachers at home games each season cheering on the Toreros.
In the future, Trautvetter plans to continue to grow his brokerage business as he gets more experience in his new role and expands his relationships within the industry. He also plans to continue to invest in real estate individually and with some of his clients and other connections. He is optimistic that, even after the challenges within the market the past few years, there is still “a figurative ocean of opportunity in the real estate field at this point.”