And with that, an effective way to answer this is to break down how you got interested in the commercial real estate industry, how you were involved in real estate in college or graduate school, any internships or full-time job opportunities you've had in the industry, and why that path has drawn you to the role (and ...
Why do you want to be in real estate industry?
If you enjoy helping people and seeing them make positive changes in their lives, this profession may be suitable for you. Real estate agents provide homebuyers and sellers with the knowledge and insight to make informed decisions regarding their financial conditions and livelihood.
What makes commercial real estate unique?
Income. One of the hallmarks of commercial real estate is that they are income producing. Unlike most stocks, which pay no dividends, commercial real estate is defined by its ability to pay out regular cash distributions.
What do I need to know about commercial real estate interview?
Commercial Real Estate Interview (CRE)
- Real Estate Core Concepts.
- Capitalization Rate (Cap Rate)
- Net Operating Income (NOI)
- Investment Property Yield Metrics.
- Income Multipliers.
- Real Estate Financial Modeling (REFM)
- Lender Underwriting Ratios.
- REIT Valuation Methods.
Why are you interested in this position?
Highlight the aspects of the role that speak to you. Connect the dots that link the job advertisement's responsibilities to match your talents, accomplishments and expertise from past jobs. Talk about how the position will help you learn, grow, develop and achieve your long-term career goals.
Why are you passionate about real estate?
Passion and Interest in Real Estate
One of the main reasons people love real estate is because they are passionate about houses, interior design, and basically anything else that you could watch on HGTV.
I know that I could launch a very successful business offering SEO and social media services to those in commercial real estate
— Commercial Real Estate Max (@maxfisherRE) October 10, 2023
I just don’t have much interest in starting something new
It’s a big task to build a business from the ground up and I’m enjoying my business that…
What makes you interested in commercial real estate?
There's money, time, and personal freedom with commercial real estate careers. These three alone make it an exciting and rewarding field to be in. Nevertheless, the only way for you to make the most out of them is to create a team so you can multiply yourself and available resources many times.
Frequently Asked Questions
Why do people invest in commercial real estate?
There are a number of reasons why investors should consider investing in commercial real estate including income, price appreciation, tax benefits, capital preservation, and protection against inflation.
Why am I interested in commercial real estate?
There's money, time, and personal freedom with commercial real estate careers. These three alone make it an exciting and rewarding field to be in. Nevertheless, the only way for you to make the most out of them is to create a team so you can multiply yourself and available resources many times.
How do you answer why are you interested in real estate?
They should be able to articulate why they are interested in the position and what they hope to gain from the experience. Sample Answer: I want to become a Realtor because I love helping people find a place to call home. I want to help them find the right property and negotiate the best deal for them.
