First Job as REPE Analyst
It was a struggle for me to find a job anywhere after I graduated since my transcript sucked. Then covid hit and it was a nightmare. But I was somehow able to land a REPE Analyst job recently and I feel so relieved.
So far I love it and I’ve been getting great feedback. Maybe it stems from insecurities, but I just want to make sure I’m doing everything I can to show them they made the right choice hiring me. I come to the office early and I stay later, try to learn things myself before asking others for help, etc.
I guess what I want to know is, for people who were analysts in REPE or who were in charge of hiring/managing, what were some things that really stood out to you that separated the great analysts from the good ones? Or what are good habits of recent hires that have translated to their future success? Any advice would be great!
Bumping this.
Congratulations on the job bro. How did you manage to overcome some the hurdles you faced, did you have experience? Great networking?
It was a lot of luck but also a lot of persistence. I did have one connection but he didn’t really do all that much that made a difference. I made sure to study the market well and understand stuff enough to do well during all rounds of interviews. I don’t really have a solid answer as to how I managed which is probably why I’m racking my brain trying to figure out if there’s anything I can do to stand out lol
Hopefully you get some solid answers here. Congratulations again.
Following this. In a similar situation to OP. To add to the thread, is there anything that former analysts/hiring managers would suggest in the context of Covid? Obviously it is very challenging to pick things up and to develop relationships with your team etc while WFH.
I'm currently trying to secure a REPE role, and I've asked those questions during informational interviews. I usually get the same responses: 1) being intellectually curious about real estate (demonstrate this through the questions you ask); 2) as you said you do, show up to work early and stay late, when it makes sense to; 3) go above and beyond in terms of the projects you take on - senior people also love when you take on extra projects that go beyond your job description, even if they may seem menial, such as offering to conduct an interview for a perspective intern. You're showing you're a team player.
When you were going through the interview process, what was it like timing wise, and including when you were waiting for an offer?
Sorry for the late reply—it took about a month in total. 3 weeks of interviews and one week of me waiting for the offer. Seems long but tbh I had interviewed for other positions too and it took almost two months for them to decide.
One thing I will say that is impressive and very useful is having a good grasp of legal concepts as it relates to leases/credit agreements/etc. The amount of time I spend reading these and trying to understand risks is ridiculous.
It's been a bit since I was an analyst, but I've managed analysts and you can almost immediately tell which ones you're going to like and which you're not. I'm in development, mind you, but the same ideas apply.
This was extremely helpful! Thank you so much
A small thing I've noticed that separates a good player from a great one is providing options. If someone asks you to underwrite something, don't just do it by the book, throw in some sensitivity analyses and provide three situations: baseline, optimistic, pessimistic. Don't make a big deal of it, but a few lines where you're summing up can go a long way in showing you're thinking about things beyond just what they are telling you to do. It's very easy to just have someone plug rent growth and exit cap assumptions into a model, it's harder to find someone who is looking forward and realizes those assumptions are just that and can change.
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