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Based on the WSO dataset, it's common for the timeline and communication process to vary significantly among different firms and positions within the commercial real estate (CRE) sector. If you've received preference forms for offices, it indicates that your application is under consideration and that the firm is in the process of determining the best fit for both parties. Here are a few steps you can take while waiting for further updates:

  1. Follow-Up: If it has been a significant amount of time since you last heard from them (typically a few weeks), it's appropriate to send a polite follow-up email to inquire about your application status. Ensure to express your continued interest in the position and the firm.

  2. Network: Continue to network within the industry and, if possible, with employees at the firm you've applied to. This can sometimes provide insights into the hiring timeline or even bolster your application.

  3. Prepare: Use this time to further prepare for potential interviews. This could involve reviewing common CRE interview questions, refining your understanding of the firm's portfolio, or practicing your responses to behavioral questions.

  4. Stay Informed: Keep an eye on the firm's website and professional social media channels for any updates regarding their hiring process or timelines. Sometimes, firms announce delays or provide general updates through these channels.

  5. Explore Other Opportunities: While you're waiting to hear back, continue to apply to other opportunities. The CRE field is broad, with many firms offering exciting roles. Diversifying your options can increase your chances of securing a position.

Remember, the hiring process can often be lengthy and opaque from the outside. Maintaining a proactive and positive approach can make a significant difference.

Sources: Has anyone heard back from Morgan Stanley (HK) for Winter Analyst Interviews?, are you WFH or back in office?, https://www.wallstreetoasis.com/forum/real-estate/jpm-cre-2021-sa?customgpt=1, Has anyone heard back from RBC NYC Superday, https://www.wallstreetoasis.com/forum/real-estate/diversity-in-cre?customgpt=1

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