Remote work in RE
Any dev/repe firms you guys work at that allow remote work regularly? I really enjoy my career, but CRE seems to have few opportunities for remote working. Its really the only downside for me cause I like to travel all the time.
My group is in office, but generally if I want to travel and take a few days to work remote so I don't have to take time off for the whole trip, they will allow it. Super lucky.
I work for an RE dev firm that's mostly remote on a day-to-day basis, but with frequent in-person meetups.
I think RE dev can be done well without a central office, but I think it would be a lot harder to do if you're a long way away from the development location. You need to be able to go to public meetings (although some are on Zoom now), go to the site, meet with local officials, etc. Hard to do from the beach in Cancun.
Very few allow it, I think Rising does. Established brokers can do whatever they want, entry-level at some places too. You are a 1099 contractor and set your own schedule.
From the company perspective, I think it depends. Smaller companies that want to seem closer to the assets, could welcome having someone on their management team living in a different market from the home office.
I used to pitch this to investors/ownership that we have local coverage especially when there is asset management involved or future development pipeline, that we have local boots on the ground.
I think the more expert / specialized you are, the more willing your company is willing to seek the best talent regardless of proximity.
Your best bet would probably be to establish yourself with a smaller company and once you can tell they really value you as an employee, sell them on going remote. If you really want to be remote remote (like traveling other countries, etc.) you're going to have to accept being paid like an analyst since that's all you'll be able to do. But I'd imagine some smaller firms would rather pay you $120k to be a remote analyst when you have the experience of an associate or a VP and already know their systems inside and out and have their trust.
I know several people that work in mid-size markets for out of state companies and are the lone wolf. As such, they work "remotely", but that really just means they work from home but still have meetings and tours in their respective city every day.
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