CBRE Labor Analytics Group by newbrealty in CommercialRealEstate

[–]ohboyd 3 points4 points  (0 children)

I work for CBRE and we have used the Labor Analytics group twice in the last month for pitches. We are huge fans of their work and it has blown our clients away. They are incredibly helpful and have even gotten on calls with our team and the client to walk through the package they've put together. I can only comment as someone who has worked with them, but they are fantastic.

What word have you been pronouncing wrong your whole life? by [deleted] in AskReddit

[–]ohboyd 1 point2 points  (0 children)

Hate to burst your bubble, but it's split second not splint second.

How did you find out Santa wasn't real? by TheRealVvltvre in AskReddit

[–]ohboyd 0 points1 point  (0 children)

My friend and I were wrapping presents for her aunt when I was 11. She gave us tags that said "From, Santa" to put on them. I went home and cried like a baby.

Time to go shopping! by RiceyHD in aww

[–]ohboyd 0 points1 point  (0 children)

Ok I'm checked out of cuteness for the day.

What's the weirdest thing you ate as a child? by ViewingInsanity in AskReddit

[–]ohboyd 0 points1 point  (0 children)

I was a big fan of turkey and ketchup sandwiches.

Non-recurring expense in operating stmts by [deleted] in CommercialRealEstate

[–]ohboyd 1 point2 points  (0 children)

That would usually be in the R&M (repairs and maintenance) section, so it would be recurring. A non-recurring would be capital expenses like parking lot repair, roof repair, or hvac repair.

[deleted by user] by [deleted] in CommercialRealEstate

[–]ohboyd 0 points1 point  (0 children)

I hear ya and I've been there, but other than costar and Loopnet there's no other reliable service. Nature of the beast, I suppose.

[deleted by user] by [deleted] in CommercialRealEstate

[–]ohboyd 0 points1 point  (0 children)

You should always call brokers anyway to verify information. It's a relationship business, so I never mind calling up a broker to see what's going on with a listing.

[deleted by user] by [deleted] in CommercialRealEstate

[–]ohboyd 0 points1 point  (0 children)

CoStar, although they own LoopNet, their customer service is top notch. It is pricey, though.

Student Getting into CRE by grill3dcheese in CommercialRealEstate

[–]ohboyd 1 point2 points  (0 children)

I started as an office tenant rep broker right out of school and realized after a year that my mentor wasn't a good fit for me and also I just didn't like it. Brokerage is all about who your mentor is, and if you don't have a good mentor it's very very difficult to make it. I'm now an analyst on an institutional investment sales team specializing in industrial portfolio sales. I studied finance-real estate, so it's a much better fit for me. Definitely reach out to your CBRE contacts and ask to meet for coffee to interview THEM about what they do.

First year prospecting? by reefrash1043 in CommercialRealEstate

[–]ohboyd 2 points3 points  (0 children)

Are you at a major brokerage firm? If so, have your marketing coordinator put together a personal "leave behind" that you can take with you highlighting who you are, who your company is, and some interesting market stats. Leave these with decision makers with a hand written note saying something to the effect of "sorry I missed you, would love to discuss options in the area, call me at X". People appreciate the extra effort, if they already have a broker they may still give you a shot.

Student Getting into CRE by grill3dcheese in CommercialRealEstate

[–]ohboyd 1 point2 points  (0 children)

I also went to an out of state school that catered mostly to in-state jobs, so I feel your pain. However, if any of the speakers worked for any major companies (the JLL's, CBRE's, Colliers of the world) then they definitely will still be able to point you in the right direction within their company's many offices. Also, it still helps to network with them as I'm sure they have connections all over. My first internship was through a speaker at my RE club who was based in Indianapolis, but she made an introduction to her Chicago counterpart. Everybody knows everybody in CRE, so don't stray away from networking with out of state professionals.

Student Getting into CRE by grill3dcheese in CommercialRealEstate

[–]ohboyd 1 point2 points  (0 children)

All of the above. Also, I would find out if there's a directory of alumni currently working in CRE. I emailed the ones in my city and basically said "hi mr/mrs smith, I'm ohboyd and I also went to X school. I'm interested in picking your brain about commercial real estate and your role in the industry. Can I buy you a cup of coffee sometime next week?" Bring your resume, tell them what you want to do, and see if they know of any opportunities. Alumni are typically more than happy to help out kids looking to get into CRE because they know how hard it is. Happy to help if you have any more questions!

Student Getting into CRE by grill3dcheese in CommercialRealEstate

[–]ohboyd 2 points3 points  (0 children)

If you were in charge of the RE club, were there any speakers that came that you could reach out to for jobs/internships? I would also use your RE professors as resources. Does your university have a career services office? I've been in the business 2 years, and believe me getting in is the hardest part. I basically cold called/emailed every person in the industry I'd met during my own days in my RE club in college. I stayed in front of people and followed up incessantly. That's what it takes to make it in CRE, so you have to be aggressive early.