"financial statements," "real estate," and "market research" aren't the only skills we found real estate analysts list on their resumes. In fact, there's a whole list of real estate analyst responsibilities that we found, including: Analytical skills can be considered to be the most important personality trait for a real estate analyst to have. According to a real estate analyst resume, "financial analysts must process a range of information in finding profitable investments." Real estate analysts are able to use analytical skills in the following example we gathered from a resume: "worked with the acquisitions team to input newly acquired deals in the asset management data system. " Another trait important for fulfilling real estate analyst duties is computer skills. According to a real estate analyst resume, "financial analysts must be adept at using software packages to analyze financial data, see trends, create portfolios, and make forecasts." Here's an example of how real estate analysts are able to utilize computer skills: "input office data into computerized real estate multiple listing service. " Real estate analysts are also known for math skills, which can be critical when it comes to performing their duties. An example of why this skill is important is shown by this snippet that we found in a real estate analyst resume: "financial analysts use mathematical skills when estimating the value of financial securities." We also found this resume example that details how this skill is put to the test: "utilize quantitative and qualitative analysis techniques to solve a variety of valuation problems for lenders and property owners. " A real estate analyst responsibilities sometimes require "detail oriented." The responsibilities that rely on this skills are shown by this resume excerpt: "financial analysts must pay attention to details when reviewing possible investments, as small issues may have large implications for the health of an investment." This resume example shows how this skill is used by real estate analysts: "drafted detailed investment memoranda outlining financial returns, assumptions, market conditions, investment rationale and asset management strategy. " Yet another important skill that a real estate analyst must demonstrate is "communication skills." Financial analysts must explain their recommendations to clients in clear language that clients can easily understand. This is clearly demonstrated in this example from a real estate analyst who stated: "direct communication with customer, attorneys, and other financial institutions in bringing trust business into the bank. "
See the full list of real estate analyst skills.
We've found that 78.2% of real estate analysts have earned a bachelor's degree. Furthermore, 13.4% earned their master's degrees before becoming a real estate analyst. While it's true that most real estate analysts have a college degree, it's generally impossible to become one with only a high school degree. In fact, one out of every nine real estate analysts did not spend the extra money to attend college.
Those real estate analysts who do attend college, typically earn either business degrees or finance degrees. Less commonly earned degrees for real estate analysts include real estate degrees or economics degrees.
Once you've obtained the level of education you're comfortable with, you might start applying to companies to become a real estate analyst. We've found that most real estate analyst resumes include experience from Novogradac & Company, LendingHome, and JPMorgan Chase & Co. Of recent, Novogradac & Company had 9 positions open for real estate analysts. Meanwhile, there are 8 job openings at LendingHome and 7 at JPMorgan Chase & Co.
If you're interested in companies where real estate analysts make the most money, you'll want to apply for positions at The Blackstone Group, First Republic Bank, and Douglas Elliman. We found that at The Blackstone Group, the average real estate analyst salary is $96,407. Whereas at First Republic Bank, real estate analysts earn roughly $94,029. And at Douglas Elliman, they make an average salary of $92,224.
View more details on real estate analyst salaries across the United States.
The industries that real estate analysts fulfill the most roles in are the finance and real estate industries. But the highest real estate analyst annual salary is in the finance industry, averaging $68,481. In the retail industry they make $67,238 and average about $66,435 in the real estate industry. In conclusion, real estate analysts who work in the finance industry earn a 6.0% higher salary than real estate analysts in the hospitality industry.