You too can be a real estate mogul

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If you thought buying or selling a house was fun, you might be ready for a dizzying new update of the classic Monopoly game that promises to teach you how to navigate through complex commercial real estate transactions. The promotional website for Mogul shows Mom, Dad and the kids around the dining room table playing a board game. They appear to be having a delightful time tackling such ‘real world scenarios’ as cap rates, tenant leases, operating expenses, liability insurance, closing costs and much more. It sounds like the game would cause the kind of intellectual stress real commercial brokers refer to as ‘brain damage,’ but it does have a ring of truth. Perhaps an advanced version of Mogul will nurture dark real estate skills such as bad-rapping the competition, renegotiating a deal at the last minute and fighting over sales commissions. It better, if it really wants to be ‘the most realistic real estate trading game ever created.’

Roger Vincent