Interview at top 5 MF REIT. Apparently the give an aptitude/intelligence test. Want to know if this usual? Or are they just testing real estate knowledge.
Have an interview coming up at REIT, I wanted to know if any one is willing to share their experience regarding non-modeling intelligence/aptitude tests? Assuming they’ll be simple.
I've taken the Wonderlic for a few different jobs in and out of real estate
Lots of big firms' HR depts are buying these off the shelf tests and implementing as normal course of business, not a real estate specific thing (at least I would doubt it). If you google for generic HR aptitude/intelligence tests, you can probably find a lot of examples and tips.
What is difficult to know is how much the decision makers for the job actually care about the results......
I use one for incoming analysts that make it to the final round, 10 minute timed test similar to Wonderlic the second they sit down (but they don't know they're getting the test). One of those "wrong answers don't count against you but right answers count for you" type of things. I do actually care about the results or I wouldn't be giving it, and I think it tells me two things. (1) If I gave someone a test with more questions than I think they're going to be able to answer, I want to see them skipping ones that might take them more time and not take more than 30 seconds to answer something. The questions aren't weighted, they should prioritize. (2) The interview process until that point (including case study) are done remotely and they could just be a good interviewer or potentially had some serious help on the case. If the score doesn't match the candidate's performance to that point it raises a flag, and if they score below a certain level it's not good - that's an insanely rare thing because they got to the final round, but it has happened and I'd like to think I dodged a bullet.
Does the entire decision sit on this one test? Hell no. However if I get five candidates that are all pretty even and one scored 35 out of 50 and the rest were in the low 20s, big brain is going to get the spot. Basically if you don't shit the bed or get unlucky and have some savant in your recruitment cycle you'll be fine.
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FT
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