Have an opportunity to interview with CBRE but concerned about “assessment exercises”
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[{"id": "icbzwmk", "text": "Different firm, but I just went through the assessment process for a new analyst role, consisted of a sort of IQ/Personality test and a case study to model in excel (basically pro forma and find value in Year \u201cx\u201d of hold period\u201d", "replies": [], "depth": 1}, {"id": "iccudim", "text": "All good. Don't worry too much. Should be basic excel test and high level IQ. You'll be fine. Just make sure you follow up with a call and show initiative. That's more important.", "replies": [{"id": "iccum06", "text": "Thanks! When you say high level IQ, could you provide me an example of what kind of test it would be?", "replies": [{"id": "ich4ft0", "text": "I meant that they would be questions you could answer without studying. I shouldn\u2019t of used high IQ. For example, tell me about your resume\u2026why apply here\u2026? Strengths and challenges of your personality, etc..", "replies": [{"id": "ichebyp", "text": "Ah ok, just your typical interview questions then", "replies": [{"id": "id9c2cn", "text": "They want to know if you\u2019re introverted or an outgoing personality type.  C&amp;W has new brokers go to Dale Carnige sales courses or at least they did in early 2000\u2019s.", "replies": [], "depth": 5}], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "icdb35o", "text": "Get ready, CBRE will take most of your commissions", "replies": [{"id": "icdcebv", "text": "Don\u2019t most large firms? My only other option around my area is to find a smaller boutique firm but the vast majority of them in my area are residential firms with some commercial agents and people in this sub seem to be very against that route", "replies": [{"id": "icdd547", "text": "I agree with people in the sub, do not join a resi firm with a few commercial agents. That's a big no-no. However, I'm sure you can find CBRE competitors in your market that only focuses on commercial assets. I previously interviewed with CBRE, and I felt like they were clipping off my wings and putting me in a cage by joining a team in a specific demographic area. Do not get me wrong, they will pamper you, but what's the value of that if you are not learning and getting your hands dirty.", "replies": [{"id": "icdglnj", "text": "Fair enough! I know of two smaller firms, one of which is a retail firm but only has 3 people, and the other is a small branch of Avison Young. Other than that it\u2019s NAI, CBRE, JLL, Lee and Associates, and Bridge Commercial who are the top dogs in my market. I\u2019ve started to meet with the principles, CCIMs, and SIORs of various firms around here so I\u2019m hoping they can all give me some insight before I commit to anything (if I even get offered the position )", "replies": [{"id": "icdhik7", "text": "There you go! Also, do not be afraid to negotiate your split.\n\nI\u2019m curious, what type of service do you want to provide to CRE investors?", "replies": [{"id": "icdsh6f", "text": "The ultimate goal is brokerage", "replies": [{"id": "icdunzv", "text": "It takes a lot to run a brokerage. As you continue your path in this industry, I encourage you to look at getting over the fence to the other side. In other words, with the knowledge, you will obtain in the coming years, utilize it to become an investor by building a portfolio.", "replies": [{"id": "ice2unn", "text": "Thank you for the advice! That is a goal of my wife and I\u2019s once we have enough positive cash flow. I\u2019d like to own a few small warehouses along the interstate going to our main port.", "replies": [], "depth": 8}], "depth": 7}], "depth": 6}], "depth": 5}], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "icjbxej", "text": "I recently did this with another firm. It consisted of proofreading a document and correcting errors, checking a spreadsheet for errors in data and formulas, performing some fairly simple future value/annuity calculations, and writing a neighbourhood description for a commercial property.", "replies": [], "depth": 1}]