Former NCAA hoops coach Ray Giacoletti joins Corcoran Reverie

Launches real estate career after three decades coaching basketball

A photo illustration of Ray Giacoletti (Getty, Corcoran Reverie)
A photo illustration of Ray Giacoletti (Getty, Corcoran Reverie)

Ray Giacoletti is going from coaching on the hardwood to showing hardwood floors.

Giacoletti, who coached college basketball for 34 years, including 14 as a head coach, has been hired by Corcoran Reverie to be a luxury real estate agent in Florida, according to a press release.

Giacoletti recently acquired his real estate license after he moved to the Sunshine State three years ago. He was the head coach of North Dakota State, Eastern Washington, Utah and Drake, compiling a career record of 203-192. He also had stints as an assistant coach at Gonzaga, St. Louis and Drake. He was the Big Sky Conference Coach of the Year in 2004 and the MWC Coach of the Year in 2005.

His success as a college basketball coach was appealing to Corcoran Reverie.

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“There was an instant connection between me and Ray — we both thrive in high-intensity environments and have a natural drive for excellence.” Corcoran Reverie owner Hilary Farnum-Fasth said in a statement. “For us, it was a very easily identifiable trait — we knew immediately he would be a great addition to Corcoran Reverie, and we look forward to watching his successes.”

It’s not unusual for former coaches and athletes to work in the real estate industry.

Earlier this year, two-time NBA All-Star Carlos Boozer launched  a real estate career with his longtime broker and friend Katrina Campins of the Campins Company, according to an announcement. Boozer earned his real estate license last year. His role will focus on real estate services geared toward professional athletes, celebrities, and other wealthy buyers, the release says.

Boozer played in the NBA from 2002 to 2015 for four teams: the Cleveland Cavaliers, Chicago Bulls, Utah Jazz and Los Angeles Lakers. He represented the U.S. at both the 2004 and 2008 Olympics, earning medals both times. He completed his degree at Duke University in 2020 after he left college early to start his basketball career.

— Ted Glanzer