What skills are most valued in CRE?
Different industries require different skills. For example, if you're in Hollywood as an agent or actor you gotta be good with people. If you're a lawyer you gotta be detail-oriented, well-versed with politics and the law as well as being a good public speaker if you're a litigator.
That being said what skills should you have if you're thinking about a career in real estate? What would be the main skill you gotta have before you go into something like CRE Development, CRE Brokerage or REPE?
This is too broad a question to answer definitively - the skill sets and personalities that typically are within a certain subset of the industry often are directly contradictory to the ones you need to succeed in others. The questions which will get you better answers if you are looking for guidance on how to refine your skills to match your goals are more along the lines of “What skill sets are important for success in real estate private equity, development at a large firm as a _____, etc”
An example of what I am referring to is a project accountant versus project manager at the same development firm. The skill set needed to likely succeed as the accountant in real estate is someone who is very detail oriented, understands numbers well, is willing to dig deep and thinks in a very structured and systematic way. The project manager on the other hand needs to be able to juggle many small issues on a daily basis while maintaining a high level view, can get by on a high level understanding of how certain decisions impact the budget, often only needs to process things on a surface level before delegating or passing off and has the advantage if they can think in a more creative way to solve difficult problems.
Born with the right last name.