What're the Real Estate career paths for someone with an analytical background?
Hey Everyone,

I've recently graduated from a state university with a B.S. in Management Information Systems. I'm currently employed as a Logistics Coordinator for a small transportation company, but would like to transition into a career more aligned with my goals, aspirations, and degree. Eventually, I would like to land a high finance position, but not sure what steps I need to take. Real Estate seems to be have some of these careers as well. I'm currently applying for "analyst" positions and noticed some that have titles such as:

* Real Estate Analyst
* Real Estate Development Analyst/Associate
* Real Estate Acquisitions/Valuations Analyst

What are the career paths for these jobs? Down the line, I would like to be pulling in more than $150k, but is it feasible? 

Thank you!
[{"id": "hrfdqe3", "text": "Work for a developer. Most of the positions in research are for brokerage companies, which means just running surveys for brokers and putting together spreadsheets, not real data analysis work. \n\nReal estate research at brokerage companies is two things: a stepping stone to brokerage at places like cbre, or can be a pretty chill job for people who know excel and can use the internet everywhere else. \n\nExcept nnn retail shops, that is just thankless churn and burn.", "replies": [{"id": "hrfv8xr", "text": "Do you recommend any developers or how to go about finding them? I\u2019m sorry if that\u2019s a stupid question, this is brand new for me lol.", "replies": [{"id": "hrfwqyp", "text": "A lot of developers are localized or have local branches. If you have a business journal in your town or the town you are targeting, I would recommend reviewing those to see what is coming out of the ground and then doing a cold email to them seeing if they would be interested in chatting more or pointing you in the right direction.   \nThe cold email and even more so the cold call is valued greatly as well as the repeated follow-up. You do not have to be perfect at it. Just be direct and succinct.  \n\nYou would likely not be hired right out of the gate by a national group to be frank, but a smaller group which would allow you to wear every hat would. The developers I know are looking for entry, middle, and upper everything. \n\nI would also review market reports from brokerages or consider reviewing adventures in  real estate as a starting point to learning something about the market. \n\nGood luck!", "replies": [{"id": "hrg6q13", "text": "Could I PM you by any chance?", "replies": [], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "hrfewst", "text": "Commercial appraisal", "replies": [], "depth": 1}, {"id": "hrfnfx0", "text": "Work for lender", "replies": [{"id": "hrfvx9w", "text": "Do you recommend any? How do I go about finding them?\n\nIdeally, I want a fulfilling career salary and stress wise lol.", "replies": [], "depth": 2}], "depth": 1}, {"id": "hrfpig4", "text": "An analyst position at a major brokerage can come with a salary + bonus and will expose you to lots of deals very quickly. From there you can choose to stay on the broker path or pivot to a different path.", "replies": [{"id": "hxve66i", "text": "I know this is from awhile ago but... What are some of the most common paths analysts at brokerages pivot to? Things like being an analyst at a RE private equity or investment banking (Goldman Sachs) or general consulting (McKinsey)? Or maybe something even farther afield?", "replies": [{"id": "hxvhveq", "text": "1. Stay in brokerage (probably the fewest)\n2. Go to a PE shop wether equity or a debt shop. There are thousands (maybe hundreds) of these firms.\n3. Go to a investment bank (assuming they didnt come from an investment bank to start with)\n\nA lot of analysts come from investment banking too so be aware of that too with the rest coming straight out of college real estate programs.", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "hrfueu5", "text": "Hey Bud,\n\nThe world is your oyster. Or some shit like that.\n\nIt really depends on what you're doing now and how well that can (kinda) translate into real estate. Logistics? Maybe you're doing something similar to what I'm doing now. I work for a developer, pinch hitting for a lot of project management, post financial closing thru close-out. It's a lot of herding cats. My main job (should be) originations thru financial close, but COVID/supply chain put a lot of projects on life support. Also a fair amount of hearding cats but more financial fun than the former PM support. I'm much more hands on that the rote \"research &amp; spreadsheet compilation\" that others have mentioned.\n\nIf you just graduated from college, you're looking at Coordinator/Analyst, less so Associate frankly. And not near $150k, esp if you just graduated and don't have any experience in the field. That's unrealistic even in the NYC market. If you're a finance whiz and can master the peculiarities of a particular type of deal, you can be at $80-100k. But yeah, if you have a mind for keeping track of every single damn thing and Gaant charts, you'd be great on the Development side for a developer. And also in underwriting for a lender or tax credit syndicator.\n\nYou learn most of everything on the job. The classroom really doesn't prepare you for real estate development. In your interviews, demonstrate how your shit can translate to their shit and demonstrate the gumption to ask questions and take initiative.", "replies": [{"id": "hrfvg22", "text": "Ofc, I don\u2019t mean I want to start with $150k fresh out of college, but eventually get to that number lol. I just don\u2019t know the appropriate path I should take. I feel like my major is bottlenecking me in a way.\n\nDo you recommend any developers or how to go about finding them? This is like a foreign language to me lol. I\u2019m 25 years old, but don\u2019t want to be wasting any more time.", "replies": [{"id": "hrfxlod", "text": "$150k in the 5-7 yr horizon is reasonable, but *really* depends on your market. My perspective is absolutely skewed because I'm a 15 minute walk+train commute to FiDi. I don't think I could ever break that in the Philly market, but in NYC, DC, and anything Cali is almost a sure thing.\n\nKeep in mind that in the private sector, it's base salary + bonus + incentive. So your base might be closer to $100k but the rest puts you over the top.\n\nAs for which developer, it's hard to advise. I'd highly recommend a) finding a job posting you like and creating an excel matrix of how what you do translates to what they need, b) leveraging your network, literally anyone you know in the industry and get coffee or have a FaceTime for 30 minutes, b) and just following your \"hyperlocal\" news outlet since they report on new developments and property sales, see who's buying/developing and sliding into their proverbial DMs (e.g., NJ has local news reporters that cover all deals in their markets).\n\nAgain, also look at lenders and syndicators. There's a whole infrastructure to residential market rate deals and to affordable deals with jobs for everything. And don't think \"affordable\" housing development as \"not enough the money,\" the job is basically the same (expect more complicated). And maybe your logistics background will translate better to firms in the industrial or retail space.", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "hrhly0d", "text": "Upper level underwriting", "replies": [], "depth": 1}]