I received a phone screen request for the JLL - Analyst, Underwriting position. What questions should I expect?
Hey Everyone,

As the title states, I received a request for a phone screen at JLL. What are the typical questions I should expect? 

Note: I’m looking to pivot into Real Estate, ideally Acquisitions/Development/Asset Management, as an analyst and have 0 background in the industry.
[{"id": "ihqmhln", "text": "First, go read the RE forum on WSO.\n\nSecondly, they'll probably ask the usual RE metrics, why RE etc. the usual.\n\nWhat are you pivoting from?", "replies": [{"id": "ihqncc6", "text": "I recently accepted an offer as an IT Associate Business Solutions Analyst (first post-collegiate job related to major) at a F500 energy company. I hold a B.S. in Management Information Systems, 4.0GPA &amp; summa cum laude. It is considered a business degree, but not as in depth as Finance, Accounting, Economics, etc.\n\nI\u2019ll definitely check out the RE forum on WSO, but am more concerned if they\u2019ll ask about Real Estate terminology and whatnot.", "replies": [{"id": "ihqqx5o", "text": "They probably will, and if not, its always good to know. I used [this website](https://breakintocre.com/) and their free resources when I was applying. Udemy has some good courses available as well (some are free). The ones I remember doing were done in an hour or two and definitely helped with the interview.", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "ihqzry7", "text": "Every office does it differently - the first interview and last one are more about fit and very broad knowledge of RE. The in between ones are generally more focused on the technical aspects.", "replies": [{"id": "ihr30o8", "text": "Could I PM you?", "replies": [{"id": "ihrdy51", "text": "Of course", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "ihrit5h", "text": "I wouldn't do Real Estate Acquisition if I were you. Turnover is too high unless you are also the asset manager and disposition.", "replies": [{"id": "ihrkdmv", "text": "Why do you say the turnover is high? From what I\u2019ve seen and read about, everyone wants to land an acquisitions position lol. What do you recommend besides it?", "replies": [{"id": "ihrni9x", "text": "I am a broker and I have had so many job offers for acquisition for over 6 figures but I never took them. They have an unrealistic goals and it is hard to find deals. They have big salary but most people I know usually leaves after a year or 2. The exception is if you are the asset manager and disposition as well as acquisition. Because at that level you would be management and have jr members like acquisition guys who brings you deals. My suggestion is to be asset manager for firms that might not even be real estate firms such as Tesla and Apple. They pay a lot and it is a more stable job. So make sure you learn about leases as well as sales. Both are crucial.", "replies": [{"id": "ihs9e5o", "text": "Thank you for the comment. Could I PM you? I have some additional questions.", "replies": [{"id": "ihsicwg", "text": "Sure feel free to ask away", "replies": [], "depth": 5}], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "ihs4t57", "text": "Underwriting for what team and what market?", "replies": [{"id": "ihs5aga", "text": "Can I PM you?", "replies": [{"id": "ihsaknw", "text": "Yes", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "ihss60l", "text": "Which office?", "replies": [{"id": "ihstqla", "text": "Can I PM you?", "replies": [{"id": "ihsucld", "text": "Sure", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "iht11pi", "text": "They\u2019re going to ask you about what experience you have with underwriting real estate, how good are you with excel, what other relevant experience do you have.", "replies": [], "depth": 1}, {"id": "iht85l1", "text": "The important technical skill is excel and Argus is a bonus. The real estate terminology questions will be general if any at all. They may ask what is a cap rate or how do you calculate NOI but not much beyond that. Focus on selling them that you are strong in excel, building relationships, and why you want the role and to work for the company. A screening phone interview is to make sure your resume isn\u2019t bs and to check the boxes they want to see checked like what\u2019s mentioned above. Hopefully they walk away thinking this is an intelligent, kind, passionate hard worker who I can grab a beer with at the end of a long work day.", "replies": [], "depth": 1}, {"id": "iiwep73", "text": "Hey, curious what types of questions were asked during the screening interview and what the outcome was?", "replies": [{"id": "iizvnwd", "text": "PM me, I\u2019ll answer when I get the chance", "replies": [], "depth": 2}], "depth": 1}]