Finding REPE job in tough market

I am a new member here and was wondering if anyone could give me advice on increasing my chances of landing a job in REPE as an Asset Management Analyst.

I just recently graduated and have been searching for a job in asset management at an REPE firm. I graduated from Virginia Tech from their real estate program, which I know isn't a target school, but have been trying to demonstrate that I have the skills needed for the job by getting certificates in ARGUS Enterprise, Break into CRE, and REFM Excel for Real Estate.

In college I didn't have any internships, but while in school I bought two properties that I rehabbed and flip. I know it isn't direct experience in commercial real estate but it is an experience that I believe not many people have done while still in college. I have been trying to emphasize this experience during my interviews.

I have gotten a couple interviews where I've made it to the 3rd round but have not been able to convert an offer at this moment. Is there any recommendations that I should be doing during this job search process? I know my resume isn't that of a traditional person entering into REPE and this path may not be an option based on my current resume. Any advice helps, thank you!

2 Comments
 

Based on the most helpful WSO content, here are some recommendations to increase your chances of landing a job in REPE as an Asset Management Analyst:

  1. Leverage Your Unique Experience:

    • Highlight your property rehab and flipping experience. This demonstrates hands-on real estate knowledge and entrepreneurial skills, which can be valuable in asset management.
  2. Networking:

    • Engage with professionals in the industry through LinkedIn, real estate forums, and local real estate events. Building relationships can often lead to job opportunities that aren't publicly advertised.
  3. Certifications and Skills:

    • Continue to emphasize your certifications in ARGUS Enterprise, Break into CRE, and REFM Excel for Real Estate. These are valuable skills that can set you apart from other candidates.
  4. Tailor Your Resume and Cover Letter:

    • Customize your resume and cover letter for each job application. Highlight the most relevant skills and experiences that match the job description.
  5. Mock Interviews:

    • Practice with mock interviews to improve your performance. Consider using services like WSO's mock interviews with professionals to get feedback and improve your interview skills.
  6. Seek Feedback:

    • After interviews, if possible, ask for feedback on your performance. Understanding where you might have fallen short can help you improve for future opportunities.
  7. Consider Entry-Level Positions:

    • Be open to entry-level positions or internships in REPE firms. Gaining experience in any capacity can help you transition into an asset management role later.
  8. Stay Persistent:

    • The job market can be tough, but persistence is key. Keep applying, networking, and improving your skills.

By following these steps, you can enhance your chances of securing a position in REPE asset management. Good luck!

Sources: HELP - Career Path in REPE Asset Management?, How Would You “re-do” Your RE Job Hunt?, The Real Estate Job Hunt - How are people doing?, Real Estate Asset/Portfolio Management Tips and Tools, REPE Megafund Asset Management Comp

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

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