My answer for my current position was because our assets are tangible and affect people's lives every day. It's a very nice feeling to go to a development. It's a nice feeling to go to a development and see people living and enjoying something that your company has built and manages. Almost a year ago I wrote a post about interviewing property analysts, which mainly talked about the questions that are asked.
In this post I am going to answer the 10 most frequently asked questions in a real estate analyst interview. I hope you liked this post about the real estate analyst interview. Use the comments section below to add any more questions to the list. It is clear that being a real estate agent is a very good career if you want to pursue it.
There are a lot of possibilities in this career because it requires knowledge related to commerce and management that will help you to get more clients and profitable projects. You can also receive a good commission on the sale of properties and, with a few important points in mind, you can easily qualify for the interview. Where do you see yourself in five years? Ten years? Why do you want to work in this company? Real estate, as an asset class, works differently from traditional equity or fixed income investments. I had no idea why I wanted to go into real estate, other than I thought real estate was "cool" and I liked the idea of a physical asset.
When I ask potential hires this question, I look for the backstory, the event or course of events in your life that made you choose real estate. This means that if you are interviewing for an acquisitions analyst position at a company that invests in office buildings on the West Coast, they are looking for answers that demonstrate that you want to grow in acquisitions, that you are committed to the office space, that you admire (and want to be a part of) the culture in which the company operates, and that you have no plans to move to Miami in the near future. Rental yield is used to calculate the profitability of an asset, while capitalisation rate is used to determine the value (capitalised value) of an income-generating real estate asset. While your interview is likely to focus on questions specifically related to your skills and experience as a real estate professional, you may encounter more general questions that help the interviewer gauge your personality.
I'm really interested in what kind of personalities thrive and love real estate, not what the best answer to an interview question is. During my interview I said that I had worked for the past few summers with my father, who is an independent contractor, and that the idea of real estate as an investment possibility has always been intriguing to me. In real estate the person must learn quickly and must have the ability to learn different techniques so that he or she can meet the necessary requirements should not be difficult and will get an easy entry into real estate. It is a unique asset class; -There is not necessarily a liquid market in which to realise value -Property is a depreciating asset, which requires consideration of "management" and how it is modelled -Investors expect value appreciation, which poses stagnation issues when prices are falling -Special legal treatment, REITs, etc.
Hope this helps, look in your school library for something along the lines of "An Introduction to Real Estate Investing". Everyone knows RE guys get pigeonholed, so I want to know what led you to make the decision to go into real estate. List the specifics of the asset classes that the firm you're interviewing for works with and talk about some interesting things the firm has going on with those properties or asset classes and how you could help them.