Valuations Interview advice
Tomorrow I have an interview for valuations and advisory role. I was wondering how I should approach them asking what I want to do in the future. Should I just say I see myself staying in valuations even though this is not true, will they buy that?
Where do you want to be?
Tell them your dream is to get the MAI designation. They'll cream their pants. Seriously though, it is OK if your answer to this question is a little white lie. Just don't leave in less than a year or you'll burn a bridge and lose potential references.
Honestly, a question like that is not all that 'fair' of a question, as projecting out is just speculating. Still, it's a reasonable question, just whatever you say is legit a guess. Given that, you can talk about advancing up in the shop, getting into litigation work (the highest paid/most difficult part of valuation), investing in deals personally (a lot of appraisers do this), etc.
But, um yeah, if you say... "Well, I hope to do this for 1-2 years to complete training to get a good understanding of markets and properties so I will be more valuable to the investment or development firm I really want to work for" ... that won't go well, but of course, many will do exactly that.
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