Internship program in CRE industry
I’m a Senior graduating in May and am interested in breaking into the commercial real estate industry. I had an internship last Summer but it did not relate to commercial real estate. I’ve been applying to a variety of analyst positions but seem to fall short due to lack of experience. I’m now looking for internships along with full time jobs to get my foot in the door that will hopefully lead to a full time offer. I know the big companies like CBRE, JLL, Milichap etc. have established internship programs. If anyone else has any company recommendations or general advice I’d love to hear it. Thanks!
[{"id": "fhxy39n", "text": "I was recently in the same boat (last internship wasn\u2019t really relevant), and my mentor told me that online applications to the big firms you mentioned are more often than not basically black holes. Your best bet is to find MD\u2019s for the companies you want to work for, and reach out. Might take a few follow ups but most guys will answer if you stay on them. My advice would be to apply online, just to say you did, and then reach out to guys at offices you\u2019d like to work at to get the ball rolling. \n\nBest of luck!", "replies": [{"id": "fhxz3e4", "text": "Great advice. I\u2019ve been trying to network into the industry because like you said applying online is a black hole. I\u2019m meeting with the MD of JLL in mid March. Wish it was sooner but she\u2019s def very busy so I\u2019ll appreciate what I can get. Thank you!", "replies": [{"id": "fhxzoix", "text": "You just have to network as much as possible. I would also recommend after you meet with people at the firms you want to be at ask them if they can give you an introduction to the hiring manager/HR who run the hiring process. Also do you have the ARGUS certification? If not I would highly recommend getting that.", "replies": [{"id": "fhy2gd9", "text": "I do not but I\u2019ve talked to guys about it. It\u2019s pretty expensive from what I\u2019ve heard and researched. I plan to take the pre brokers class in March to get licensed. Even though most that class is residential stuff, it\u2019s still good to know and gives me more credentials. Is there a cheaper alternative to get ARGUS certified?", "replies": [{"id": "fhzmoje", "text": "I took it while I was in undergrad and got a discount through school. Taking it from $1000 down to $570. I don\u2019t know of any other cheaper alternatives. You could try reaching out to them. \n\nIf that is too expensive I would recommend focusing specifically on the multi-family asset class as they do not use ARGUS. I\u2019d also just ask the people you speak with if ARGUS is a deal breaker.", "replies": [], "depth": 5}], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}]