Cushman and Wakefield Interview Process (Discussion)
Just completed a second interview for Cushman and Wakefield with 3 directors of valuation and advisory. Felt I answered every question pretty well and they gave me a simple question on cap rate calculation as well. During the interview, one of the directors explained the position to me and forwarded me over some appraisal reports. He also said that after I review the reports, to email him if I would like to continue with the employment process and we can set up a follow up interview. Has this ever happened to anyone or does it sound like they feel like I’m not interested in the job? He said they’re doing this because they’ve interviewed candidates who left after a year but I don’t know.
[{"id": "hxi1e8z", "text": "I take it you're interviewing for an analyst job within valuation and advisory? My guess is they want you to see the work product you'll be expected to produce and ensure that something you're interested in.", "replies": [], "depth": 1}, {"id": "hxizm8j", "text": "They are definitely trying to make sure you are still interested by giving you as much information about it as they can because appraisal really isn\u2019t for everyone. Also, assuming you\u2019re coming in as a trainee, your supervisor will be making a big commitment bringing you on and will be spending a significant amount of time teaching/training you and don\u2019t want you to jump ship after a year as their time will pretty much have been wasted and then they have to start the whole process over again.", "replies": [], "depth": 1}, {"id": "hxjhh2j", "text": "I'm currently going through a similar process with Marcus &amp;Milichamp. I guess this is how they interview?", "replies": [], "depth": 1}, {"id": "hxreiy8", "text": "The current crop of candidates coming out of college are known for not being loyal/sticking it out with companies.  They are just trying to see if you are going to quit within a few months because you\u2019d rather be outside playing frisbee.", "replies": [], "depth": 1}, {"id": "hxtxdkq", "text": "Your initial role will be to kick out as many of these reports as possible, with accuracy, and following your the firms and/or mentors process. It can get more interesting as you become competent, but plan on doing this for the first 18 or so months. It's imperative that you are able to follow instructions yet accomplish work independently. Your initial output;  reports/updates/basic rent-roll, expenses, recoveries, etc will be measured and judged constantly. \n\nGood news is that you can learn the basics of commercial real estate value via high volume. Bad news is that in the time period  between when you achieve some degree of competence and when you are able to add value (assist generating revenue) you may find the work mind-numbing. \n\nShe or he is trying to give you a feel for this and let you push the eject button if this isn't a fit.", "replies": [], "depth": 1}, {"id": "hy4t4i6", "text": "Had this happen a month ago while interviewing for a smaller, new appraisal firm for a market research role. The interviewer/ partner, offered to send some of his work and see if it would be something I'd be interested in helping him to update/work on. He didnt specify next steps but I imagine another interview would have followed. Definitely not alone!\n\nDefinitely has to do with gauging employee retention, as others have said, I only know a few ppl who havent pivoted from appraisal into something else later on", "replies": [], "depth": 1}, {"id": "hyh1rmr", "text": "It is pretty standard for cre appraisal. Most people see an \u201canalyst\u201d job and apply but the work of a cre appraiser trainee or analyst is not well known or documented. Most appraisers get there by accident or it \u201cjust happened\u201d. It is also standard for people to leave before a year. Most people find it boring, the clients don\u2019t really respect your analysis most of the time. The analytical aspect is weak. And its like having term papers due constantly. The analyst job pays low. Certified General appraisers make decent money, enough for the \u201cgolden handcuffs\u201d.  So if you embark on the appraiser journey its a 3-5 year apprenticeship.  \nI was a cre appraiser and my opinion is that it was a loser job for me. I am doing way better now. But I have former coworkers still doing it and liking it enough.", "replies": [{"id": "hz13749", "text": "Does your comment about \u201canalysts\u201d (analytical aspect is weak, analysis not respected, boring, etc.) apply to all types of (entry-level) analyst positions or only appraisal analysts?", "replies": [], "depth": 2}], "depth": 1}]