CRE Jobs that Travel
I've worked in CRE for the past 5 years, most recently 2 years in brokerage. What are some jobs in CRE that would give me the opportunity to travel a good bit?
[{"id": "dwfw9es", "text": "Underwriting/Originations for banks, debt funds, P/E", "replies": [], "depth": 1}, {"id": "dwfx5qz", "text": "Look for openings outside of your region. APAC", "replies": [], "depth": 1}, {"id": "dwg4k5x", "text": "Appraisal\n\nYou look at the properties you value.", "replies": [{"id": "dwg8va1", "text": "Our appraisers generally have expertise in the general area around them so the travel is somewhat limited. Our originations/acquisitions people travel all over the US and partner with local appraisers, brokers, &amp; operators to close deals. They are out of the office half the month at least", "replies": [{"id": "dwgbk1m", "text": "I appraise and travel nationwide every other week. ", "replies": [], "depth": 3}, {"id": "dx9ovfp", "text": "I travel region-wide (Oceania &amp; South Pacific) as an appraiser (valuer here) - but that is with Hotels so property-type specific - while you are correct that the vast majority are location specific if it's for general property. ", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "dwg4oky", "text": "+1 to the underwriting/originations comment. The architects that worked at the big bank I was at were out of state twice a month. Most of the rest of the team flew at least every other month. ", "replies": [], "depth": 1}, {"id": "dwg9ux6", "text": "store development/site selection", "replies": [{"id": "dwm26ow", "text": "Yep. Totally the path to go ", "replies": [{"id": "dwnbd7m", "text": "Specifically in retail. Make sure when you are interviewing to ask about what your territory would be.", "replies": [{"id": "dwnmkjz", "text": "Ahh. Good point!", "replies": [{"id": "dwnnitb", "text": "If your plan is to travel the country to cool major cities, don\u2019t take a job with a retailer where your territory ends up being the Great Plains ", "replies": [], "depth": 5}], "depth": 4}, {"id": "dwxb5dh", "text": "Have to qualify for the position before you can ask that!  ", "replies": [{"id": "dwxyb6d", "text": "I would imagine one would be qualified for the position if they are interviewing...", "replies": [{"id": "dwy0ohq", "text": "I agree, and that\u2019s the hardest part.  People are telling the OP to ask what there territory would be, but unless you\u2019ve done it before, it\u2019s not easy getting a retail acquisition role.", "replies": [{"id": "dwy1c53", "text": "Yeah agreed butI assumed if OP has 2 years as a broker and 5 total years of RE experience he could land an in house retail role ", "replies": [{"id": "dwy28rb", "text": "Maybe.  It\u2019s really tough in retail right now, and a lot of QSRs use brokers primarily, while the larger ones have a very small team.  But if you can get it, it\u2019s a fun role.", "replies": [], "depth": 8}], "depth": 7}], "depth": 6}], "depth": 5}], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "dwgfywx", "text": "Get into master brokerage and that will keep you on the road more than you would probably want to be", "replies": [{"id": "dwm29ql", "text": "Yep. This is very similar to corporate services. Most big brokerages have teams focusing on this. Which makes it easy to travel. Problem is you split your commission with 3-5 different people and sometimes the deals could earn you $1M in commissions, but you make $200k. Not bad for one deal still. \n\nHowever if you're doing small deals like in retail, it gives you very little money. ", "replies": [], "depth": 2}], "depth": 1}, {"id": "dwn63vb", "text": "Honestly almost all of them. Brokers are on the road or meeting with people for lunch daily. Some development jobs you may travel far for a long time. I know a development associate and he said he will go to a project out of state sometimes and stay in the city for 1-2 weeks setting up the team they need there. Investors travel when looking at properties to buy or sell in other states.", "replies": [], "depth": 1}, {"id": "dwpmdth", "text": "I work for the CRE group at a hedge fund and flew 80+ segments last year. On the road all the time. Most of the places aren\u2019t too glamorous (Hartford, Louisville, Mobile) but I am writing this from a resort we own in CALA so there are definitely some perks! Most of the trips are grueling though - lot of very quick trips and when I get back to office I generally feel like I missed a day since you can only do so much working from a phone. ", "replies": [{"id": "e3030iy", "text": "Would you mind elaborating on your job description and how you got into this role? I work for a large corporate relocation company and also have my real estate license, but desperately, desperately want a job where I can travel a bit / not be in the office 24/7. With my background I\u2019m wondering what \u2018travel jobs\u2019 I could realistically apply for. TY! ", "replies": [], "depth": 2}], "depth": 1}]