We calculated that 7% of Real Estate Analysts are proficient in Financial Analysis, Asset Management, and PowerPoint. They’re also known for soft skills such as Analytical skills, Computer skills, and Math skills.
We break down the percentage of Real Estate Analysts that have these skills listed on their resume here:
- Financial Analysis, 7%
Performed financial analysis/underwriting on miscellaneous investments.
- Asset Management, 6%
Performed preliminary asset management tasks involving marketing strategies of inventoried real estate and problem loans through appraisal review and brokerage solicitation.
- PowerPoint, 6%
Facilitated Real Estate Committee decision making by creating informative, persuasive PowerPoint presentations.
- Real Estate Market, 6%
Produced numerous metro level residential real estate market analyses identifying demand/supply and house price outlook nationally.
- Discounted Cash Flow, 5%
Completed Valuations of complex commercial real estate transactions including discounted cash flows, buy/sell and market/demographic analyses.
- Financial Models, 5%
Supported strategy and project delivery with analysis of property valuation by utilizing Argus software and creating financial models in Excel.
Most real estate analysts list "financial analysis," "asset management," and "powerpoint" as skills on their resumes. We go into more details on the most important real estate analyst responsibilities here: Arguably the most important personality trait for a real estate analyst to have happens to be analytical skills. An example from a resume said this about the skill, "financial analysts must process a range of information in finding profitable investments." Additionally, other resumes have pointed out that real estate analysts can use analytical skills to "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: "set up payroll taxes on computer (fica, futa, suta). " 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: "researched, prepared, and performed quantitative/qualitative market and financial analysis. " A thorough review of lots of resumes revealed to us that "detail oriented" is important to completing real estate analyst responsibilities. This resume example shows just one way real estate analysts use this skill: "financial analysts must pay attention to details when reviewing possible investments, as small issues may have large implications for the health of an investment." Here's an example of how this skill is used from a resume that represents typical real estate analyst tasks: "drafted detailed investment memoranda outlining financial returns, assumptions, market conditions, investment rationale and asset management strategy. " Another common skill for a real estate analyst to be able to utilize is "communication skills." Financial analysts must explain their recommendations to clients in clear language that clients can easily understand. A real estate analyst demonstrated the need for this skill by putting this on their resume: "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.
After discovering the most helpful skills, we moved onto what kind of education might be helpful in becoming a real estate analyst. We found that 78.2% of real estate analysts have graduated with a bachelor's degree and 13.4% of people in this position have earned their master's degrees. While most real estate analysts have a college degree, you may find it's also true that generally it's impossible to be successful in this career with only a high school degree. In fact, our research shows that one out of every nine real estate analysts were not college graduates.
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 UMB Bank, Northpoint, and Marcus & Millichap. Of recent, UMB Bank had 53 positions open for real estate analysts. Meanwhile, there are 22 job openings at Northpoint and 20 at Marcus & Millichap.
But if you're interested in companies where you might earn a high salary, real estate analysts tend to earn the biggest salaries at McKinsey & Company Inc, Google, and First Republic Bank. Take McKinsey & Company Inc for example. The median real estate analyst salary is $137,314. At Google, real estate analysts earn an average of $128,893, while the average at First Republic Bank is $125,810. You should take into consideration how difficult it might be to secure a job with one of these companies.
View more details on real estate analyst salaries across the United States.
If you earned a degree from the top 100 educational institutions in the United States, you might want to take a look at Keller Williams Realty, Moody's, and Coldwell Banker West. These three companies have hired a significant number of real estate analysts from these institutions.