Entry level real estate analyst job.
Would starting out at an entry level analyst be a horrible thing? Whats the general career path for an analyst, could he move up the ladder, and which in your opinion would u target if u were staring your career today? a big REPE firm like Blackstone (I would imagine it would be pretty competetive) or a small REPE shop or a development firm/REIT. Any particular pros/cons that you would pay attention too. Also, I am planning to do my masters in real estate in another year or two, but until then I will not be having any direct real estate finance experience. However, I do not want to waste time though, and I love learning, so would u reccommend in the meantime before I start my masters, on my own learn some [real estate financial modeling] (https://www.getrefm.com/refm-certification-program-in-excel-for-real-estate-page-20#overview), If possible, I could also learn Argus and look into the certification. So, would learning this give me a leg up when it comes to hiring, when I start my masters, I dont want to be completely lost, and would u also reccommend during my masters (which would most probably be part time) I should also try to find some analyst assistant/internship type gig? Really appreciate any help!
[{"id": "cqriek8", "text": "You might want to check out some older posts. These types of questions are asked pretty consistently so you might have some luck perusing old posts and reading the replies. ", "replies": [], "depth": 1}, {"id": "cqrm9je", "text": "Man I sure hope it's not a horrible thing or I screwed up.", "replies": [{"id": "cqrpjtz", "text": "What do your job responsibilities consist of? We don't typically have research analysts in our smaller market so I'm curious. Is it a stepping stone into brokerage?", "replies": [{"id": "cqs9d2k", "text": "I dont really think you need a stepping stone into brokerage. It is a sales job that more or less can be taken on at anytime.\n\nMy responsibilities: Underwriting (excel and argus), Quarterly reporting for the company, making packages, and pretty much anything that requires doing with excel.", "replies": [{"id": "cqsl6n4", "text": "What kind of position are you working towards? \n\nI always see people on here who want to go Into brokerage and ask if they should start as an analyst. My opinion is the same as yours, that you don't need a stepping stone. I was curious if large firms in large markets require new brokers to start as an analyst. ", "replies": [], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "cqrpoyz", "text": "If you look into companies like Deloitte or Wells Fargo, these big companies that have Real estate groups, they are the ones looking for analysts. \n\nIve heard of these guys who started as a portfolio analyst or a investment analyst for these companies who eventually work their way up the food chain into senior managers or anything like that. Maybe thats something worth looking into?", "replies": [], "depth": 1}, {"id": "cqs3a3i", "text": "Analyst position is fine, but you might want to start at a smaller shop. You are likely to get more attention from more senior brokers and you'll be exposed to a wider variety of real estate to help you choose where to focus.", "replies": [], "depth": 1}]