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Landing a Job in Real Estate
My 6-Step Process to Burst Into Commercial Real Estate
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In todays download, I am going to show you a strategy to land a role in commercial real estate.
To start taking control of a traditionally uncertain process.
Trust me when I say this: the strategy you take determines your level of success in landing a job in commercial real estate.
The more deliberate your strategy is, the more likely you are to successfully land a big time role.
Unfortunately, 90%+ people who go through this process have no strategy.
This downfall leads to a lot of poor results.
So, lets make you a part of the 10%:
My proven 6-step process to burst into commercial real estate
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1. Network, Network, Network
Real estate companies do not have a hiring cycle
They hire when they need someone
That means you need to develop relationships with people now, not when a job comes open
But how do I start?
Start with your school alumni (your warmest leads)
Ask for a 15-20 minute call with anyone you can get on the phone
Do your research before/after the call
Know their real estate portfolio
Know their career history
Ask thoughtful questions
Take detailed notes of your conversation (this will come in handy down the road)
Send an email afterwards
Follow up in a month
2. Provide value to your new network
After a few of these calls, you will begin to meet people who can solve other people’s problems
Put them in contact
Congrats, you’ve become a valuable resource!
3. Touch up your real estate starter skill set with these resources:
Being able to speak "the lingo" is an important step to landing a role
Consume a lot of content to familiarize yourself with words and concepts
Here are a few resources I recommend:
6 Youtube Channels to learn Real Estate Excel Modeling
1. Joshua Kahr
2. Ike Hoffman
3. Kenji Explains
4. Break Into CRE
5. David Almeida
6. Adventures in CRE— The Duke of Dirt (@TheDukeofDirt)
10:52 PM • Dec 21, 2022
8 podcasts every real estate investor should be listening to:
— The Duke of Dirt (@TheDukeofDirt)
10:55 PM • Dec 20, 2022
4. Ace The Interview
•Dress sharp, hair cut, matching shoes + belt, etc.
•Be on time
•Be prepared (intimately understand the role you are interviewing for)
•Be confident (firm handshake, eye contact, etc.)
5. Follow Up
Send an email expressing interest in the position
Attach a sample work product (do the job before being asked)
Here's what I would do...
Create a rent overview of competing properties
Go onto apartments.com or any other site that has rent info of competing properties
Take the info and input it into your Excel document
Analyze the conclusions, summarize it, and attach it to your email
Boom, you've just rocketed to the top of the list
6. Be Persistent
Remember, each interview is an opportunity to get better.
Trust me, you will get better with each one.
It will take time and effort before you see results.
Embrace the process, and keep in touch with everyone you speak with.
Bonus: Book List
What it Takes by Stephen Schwarzman
Risk Game by Francis Greenburger
Never Eat Alone by Keith Ferrazi
Am I Being Too Subtle by Sam Zell
Investing in Real Estate Private Equity by Sean Cook
Multifamily Millions by David Lindahl
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Thanks for joining me this week,
Jake
PS: If you found value in today's newsletter, please share it with friends who may find value in it. In an effort to grow the newsletter, word of mouth is by far the best resource - so thanks in advance!
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