RE job market
How is the job market in Real Estate consulting ?how do you start a career in it ? Any schools highly ranked ?
How is the job market in Real Estate consulting ?how do you start a career in it ? Any schools highly ranked ?
Career Resources
The real estate consulting job market is competitive and requires strategic planning to break into. Here's what you need to know:
Job Market in Real Estate Consulting
How to Start a Career in Real Estate Consulting
Education:
Entry-Level Roles:
Networking:
On-the-Job Learning:
Highly Ranked Schools for Real Estate
In summary, breaking into real estate consulting requires a mix of education, networking, and hands-on experience. While top-tier schools can provide an edge, your ability to build relationships and demonstrate expertise will ultimately determine your success.
Sources: The Real Estate Job Hunt - How are people doing?, The Real Estate Job Hunt - How are people doing?, Best Places to Start in Commercial Real Estate?, The Real Estate Job Hunt - Mid Level, MBA or Masters of Science in Real Estate??
RE consulting can mean many different things. You can be an underwriting consultant, a development consultant, a construction consultant, transaction consultant, valuation consultant, etc... From my personal experience, I haven't seen many CRE firms with especially robust consulting divisions. Companies like JLL, C&W, CBRE, etc... have consulting divisions but the roles are few and far between.
I know work in d/e placement at a large CRE firm in NYC, but I was thinking about pursuing a career in RE consulting in college. I quickly realized that RE consulting isn't really like traditional consulting. Most RE consultants are experts in whatever their specific industry niche is. There are very few generalist RE consultants because the knowledge base is so broad, and most firms have in-house experts in lots of different areas. If you really want to be a consultant in RE you have to have demonstrated ability or expertise in a specific area.If I was trying to break into RE consulting, I would first decide what I'm actually interested in. My next step would be trying to find a good role within whatever that side of the industry is. If its development, try to work for the best developer near you. If its underwriting, do challenging modeling courses or try to get an underwriting role. yada, yada, yada
The closest thing to a generalist consultant, IMO, would be a role on an investment sales/brokerage/capital markets team at a large advisory firm (eastdil, JLL, C&W, CBRE, Walker Dunlop, Newmark, etc...) These roles will typically expose you to massive transactions from start to finish, across a broad range of asset types (in some cases).
I could be off and there are definitely exceptions to this, but these were observations from my personal experience. Happy to talk more over PM.
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