Why do you like your job?

Real Estate jobs come in many different flavors. From trading paper to straight up building from raw land to skyscapers it's all possible.

My questions are simple: many ppl want to work in real estate but have no idea which avenue in real estate suits them. So why do you like your job in real estate? What types of ppl would excel in your role? Is it possible to get in from a MBA? Do you need experience?

Comments (24)

  • Analyst 1 in RE - Comm
Mar 4, 2020

1) I like my job because it pays me very well, that's it

2) Anyone with technical acumen and a slight knowledge of real estate will succeed in a majority of RE roles, including mine

3) No need for an MBA, unless you want to come in as a VP or higher

4) Yes, will need about 2-3 years experience to get a look at our firm

Background: top 30 REPE firm, I sit in New York as a senior analyst focusing on acquisitions and asset management. Base salary $120k + 20-30% bonus. Semi-target education, graduated in 2017

    • 3
Mar 4, 2020

Why don't you like your job? Would you rather be doing something else?

  • Analyst 1 in RE - Comm
Mar 4, 2020

Every job, no matter what it is, will get old after awhile. That's part of it and the other part is that I'm not sure if I even like real estate. I'm a finance major working in this asset class, but have no idea what I want to do long term. Which is weird because I'm at firm and in a position that many on this board would kill for. But for now, I'm gonna stay where I'm at because there's not too many other roles I'd want to do in RE.

    • 1
Mar 5, 2020

Pfft you think that's sweet? Try working at a top 26 REPE firm.

    • 5
Funniest
Mar 4, 2020

I wanted to be an architect but then I realized I could just tell architects what to do and get paid more too.

    • 23
Mar 4, 2020

truth

Mar 6, 2020

TFW architects make less than journeymen electricians and concrete laborers with worse hours.

Mar 6, 2020

This is literally one of my friends - any solid advice you would give to them on how to make the move?

Mar 6, 2020

I entered out of college from the financial side (which is by far the lowest barrier to entry, particularly if one is hoping to attain a piece of the action) - so I really don't have much advice for an experienced professional. It's cliche but I got where I am purely through networking. Informational interviews, coffee chats, etc, they really do work.

Mar 7, 2020
azer:

This is literally one of my friends - any solid advice you would give to them on how to make the move?

Learn the financial side of things - sometimes this necessitates a degree, sometimes it doesn't - and it's a solid route.

  • Investment Analyst in RE - Comm
Mar 4, 2020

I don't.

    • 1
Mar 4, 2020

It's awesome to travel the country and learn what drives cities and neighborhoods; what draws people to certain places. Also, the compensation is on par with conventional finance roles (PE and Banking), but the work-life balance is much better.

Mar 4, 2020

Obviously the situation specific qualitative considerations: I like the people I work with, the company culture, flexibility in my schedule, etc. Pay is also good which is important. This is all adds up to me being in a good mood most days.

From a more macro perspective about why this is fulfilling though, I get to work on some of the most high-profile and transformative projects in my City & region. As someone who grew up where I work, this is important to me. Not to sound too drunk off the kool-aid, but I do feel like what I am working on is making a positive impact in our market, upping the City's profile and allowing me to work with some of the most innovative companies in the world who are actually impacting society.

    • 2
  • Analyst 2 in RE - Comm
Mar 4, 2020

I like my job because it pays me just enough to act like a fool outside of work without having to check my bank account each day

    • 5
Mar 4, 2020

Can you give a ballpark on comp and years of experience??

Most Helpful
  • Analyst 2 in RE - Comm
Mar 4, 2020

$140k all in, 2 years experience. NYC based

    • 4
Mar 4, 2020

the people I work with

Mar 5, 2020
  • Pays well
  • Large reputable institutional shop with tons of areas to grow
  • I am really loving the Hotel sector
  • I get to travel a decent amount
  • My team and boss are awesome
  • Prospect in RE - Comm
Mar 25, 2020

GL in Hotels my dude

Mar 26, 2020

Still loving the hotel sector?

Mar 5, 2020

I get to be a deal whore.

Mar 12, 2020

A cool thing about working in REPE is that the deal activity is high compared to other sectors, at least in northern europe.
So if you are a deal junkie, REPE is a place to get your fix!

/LeasingKarrusellen

Mar 14, 2020
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