Grinding Hours in RE

Seeing a lot of posts about people working pretty brutal hours lately on the RE page.... wanting to get a gauge on how people's hours have been lately (Hours at my new role honestly haven't been great). I always felt like real estate had better hours, leading to more longevity in the industry (contrary to PE/IB). Do the hours get better? Feels pretty sweaty right now.. 

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Comments (14)

Mar 14, 2021 - 3:31pm

At a top CRE lender. Hours have been 40-50 hrs per week. Typically I am able to get my work done in that window. My manager stresses efficiency. He's right because typically if you are working 60+ hours then it's probably because you are involved in in unnecessary/inefficient tasks. 

Mar 14, 2021 - 9:50pm

Our deal flow has been absurdly high so between that and the mental shift of trying to separate work and home while WFH my hours have been high. Probably 60 on average vs 50 before, periodically 70-80.

I think a big part of it is working from home people have just been putting in more time, not by necessity. This industry will never have the absurd time requirements of corporate transactions because there's far less to the DD process.

Mar 15, 2021 - 3:30pm

Been close to 60 hours/week lately. Normally 6:30-7PM was checkout time, now it's more like 8 or 9PM. We're well staffed but the extra work comes from underwriting deals we know we won't offer on (for market intelligence during this tumultuous time) and doing much more reporting to track credit loss/see where we can trim expenses/perform scenario analyses at properties that may experience trouble.

  • Analyst 3+ in RE - Comm
Mar 15, 2021 - 4:46pm

At a debt brokerage, consistent 55-60 hour weeks but a lot of that time is mundanely spent. Mainly waiting for clients to respond to questions, producers to get back to you on that off-market deal, underwriting team taking forever to get a quote back, etc. So while I did not think I would be working so late all the time, it's not like I'm working. Mainly just trying to stay "available" on Teams.

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