Entry Level Commercial Real Estate Analyst Positions
Has anyone here ever landed a CRE analyst position without experience in the field. Recently graduated in December and I’m looking into the field. I’m currently working in a junior accountant role doing basic AP/AR, Recs and journal entries. I graduated from a small state school with a 3.5 GPA. Just looking for some tips on landing a entry level position in this field.
[{"id": "htxu78k", "text": "Got hired at my firm out of school. What did you major in? Any internships? What are of CRE do you want to get in to?", "replies": [{"id": "hty4yl3", "text": "What was your starting base salary?", "replies": [{"id": "hty6701", "text": "$80k base 20% bonus", "replies": [{"id": "hty6qjn", "text": "How\u2019d you get that straight out of school lol", "replies": [{"id": "hty7bt8", "text": "I work on a high volume and small deal team in NYC", "replies": [], "depth": 5}], "depth": 4}], "depth": 3}], "depth": 2}, {"id": "htywqvk", "text": "Nice man. I did a finance major at a small state school with an accounting internship. I\u2019m interest in multi-family and mixed use.", "replies": [{"id": "htz29r3", "text": "I\u2019m from NJ, but work in NYC. My advice is to learn the lingo and know what roles you\u2019d be interested in. Know what the different sides of the business do, what jobs are available in each. Use linked in to get interviews, that\u2019s what worked with me.", "replies": [{"id": "htz2p0n", "text": "Did you do any internships? I\u2019m trying to kind of structure my resume around for a role like this but I have no experience in CRE at all so it\u2019s kind of tough to do so. I\u2019ve applied for a few jobs through LinkedIn and hoping to hear back soon.", "replies": [{"id": "htz3cef", "text": "Not having a good resume has caused me a lot of trouble in the past, I had to hire this guy [https://fvrr.co/3GXOgHO](https://fvrr.co/3GXOgHO)  on fiverr who would rewrite and improve m y resume for me. Several weeks later, I got hired", "replies": [], "depth": 5}, {"id": "htz3frc", "text": "I had an internship at a hedge fund (going into junior year, and was an analyst at my school\u2019s endowment fund for fall semester my junior year. I was going to do an internship at a Real Estate PE fund but it was canceled, so really i had no CRE experience and my gpa was quite a bit lower than yours. I probably applied to 200 job applications but there are a lot of entry level CRE jobs, the industry is booming right now.", "replies": [{"id": "htz4j11", "text": "Appreciate your insight man thanks", "replies": [], "depth": 6}], "depth": 5}], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "htyit58", "text": "I\u2019m an analyst for a CRE brokerage team. Went to a state school with a 3.4 GPA, no prior real estate internship experience, majored in Finance and Real Estate. \n\n1. Network\n2. Network\n3. Read forums/books to get used to the lingo, key calculations, valuation methods, etc. \n4. Learn the technical skills needed whether that is watching YouTube videos/online courses on modeling CRE deals or getting an ARGUS certification.", "replies": [{"id": "htyxin6", "text": "Thanks for the reply.", "replies": [], "depth": 2}], "depth": 1}, {"id": "htyoush", "text": "What state are you in?", "replies": [{"id": "htyxmqf", "text": "I\u2019m in New Jersey but don\u2019t mind commuting to NY", "replies": [{"id": "htyy7p4", "text": "I have it as a goal to hire someone from reddit some day. I'm in the Midwest. I would recommend finding some small firms if you can. It is all about who you know, so get out there and get to know people.", "replies": [{"id": "htz3d50", "text": "Haha that would be nice. I\u2019ve been searching but just having a hard time getting an interview because every company has like experience requirements. I got a few accounting opportunities, one with a big four too but I honestly hate accounting just by working in the field for a few months", "replies": [{"id": "htz59d1", "text": "That's why you need to network, people don't care about experience if they know you better.", "replies": [], "depth": 5}], "depth": 4}, {"id": "itoijal", "text": "I am currently a third year student studying Economics at the University of Minnesota. I have an extremely hard work ethic and am an extremely fast learner. \n\nI would absolutely love the opportunity to discuss an internship further if your company is still hiring!", "replies": [], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "htywumu", "text": "Thanks for the response. If you don\u2019t mind me asking, what state are you in?", "replies": [], "depth": 1}, {"id": "htzf6ny", "text": "Have you heard of NAIOP.org? There are chapters everywhere and there\u2019s a portion called \u201cDL or Developing Leaders\u201d that gets you access to the local players in your area.", "replies": [{"id": "htzhgcb", "text": "I post on these subs to find people like yourself. I did not know this existed dude lol. Thanks a lot!", "replies": [], "depth": 2}], "depth": 1}, {"id": "hu0n64k", "text": "Where do you live and are you willing to move?", "replies": [{"id": "hu0sxg0", "text": "I\u2019m in NJ willing to relocate nearby like NYC, PA, CT", "replies": [], "depth": 2}], "depth": 1}, {"id": "hu1v96o", "text": "I landed a development analyst position with a regional multifamily developer straight out of grad school. I had no real estate experience prior to starting grad school. I had an internship with a publicly traded REIT that the school connected me with. You need an internship or a portfolio of quality real estate school projects.", "replies": [], "depth": 1}, {"id": "hue2c2l", "text": "I interviewed for a full-time role at a mid-size development firm and they immediately said no shot (in college with no cre experience at all). I just asked to intern there and give me a shot. i segued that into a full-time role", "replies": [], "depth": 1}]