Penn State Smeal College of Business Resume Guidelines: Real Estate Career & Corporate Connections ❘ 114 Business Building ❘ 814-863-6161 ❘ smealcareers@smeal.psu.edu ugstudents.smeal.psu.edu/careers Join us on: Build Your Resume The main goal of a resume is to concisely describe how your experiences and education are relevant to the position for which you are applying. Proper formatting is important to ensure that a recruiter can pick out your most relevant accomplishments in the initial few seconds of scanning. Refer to the sample resume on the back to see examples of the information provided below. Following these specific tips will help you tailor your resume to a career in the real estate industry: 1 Use an objective statement to highlight your interest area. There are various career paths within the real estate industry. Your employment objective is useful to communicate your interest in a particular position or track. An objective statement should be short and to the point. 2 Include your GPA. Recruiters consider GPA an important factor when evaluating candidates. You should always include your cumulative average. If your cumulative average is below a 3.0, consider including your major GPA if it is over 3.0. You can calculate your major GPA through eLion. 3 Highlight relevant experience. Recruiters are keenly interested in what you have accomplished during your internships or co-curricular projects. Be sure to describe your accomplishments instead of simply listing your job duties. Use industry-specific keywords and quantify your accomplishments where relevant. 4 List skills such as computer software knowledge that are relevant to the position. Be sure to explain how you have used the skills through an activity, a project, or if you completed course work focusing on a specific program. Simply stating that you are proficient in Excel could be misleading to the recruiter. If a job description specifically lists software experience needed, make sure this is included in your resume. 5 List leadership positions and/or activities. This is an important section of your resume. Recruiters want to see that you are doing more than just going to class. While the two most desired skills ranked by recruiters are teamwork and communication (both written and verbal), Smeal Career Connections Smeal Careers the job description may alert you to other soft skills required. Describe your skills here in the same detail as you would in the relevant work experience section, noting your accomplishments. Resume Tips When drafting your resume, be sure to always keep the following in mind: › Never embellish on your resume › Check and recheck for spelling/grammar mistakes › Keep your resume to one page › Always communicate skills in every bullet point › Make sure the layout of your resume is easy to scan For more tips or to schedule a resume review, visit the career development and resources sections of the Career & Corporate Connections website. Resources for Real Estate Students The following are helpful resources for students in the Real Estate option at Smeal: Penn State Career Services studentaffairs.psu.edu/career/cic/ Institute for Real Estate Studies smeal.psu.edu/ires The Counselors for Real Estate cre.org Certified Commercial Investment Member ccim.com Commercial Real Estate Women crewnetwork.org Additional Resources: LinkedIn: Penn State Real Estate Group Get involved in a discipline-specific student organization: ugstudents.smeal.psu.edu/student-organizations First and Last Name Email Address • Phone 1 OBJECTIVE: To obtain a full time position in commercial real estate investments beginning summer 2011 EDUCATION 2 3 4 The Pennsylvania State University The Smeal College of Business Bachelor of Science, Risk Management- Real Estate Option Minor: Legal Environment of Business University Park, PA Class of 2011 Cumulative GPA: 3.58/4.0 Major GPA: 3.76/4.0 RELEVANT EXPERIENCE Normandy Real Estate Partners Morristown, NJ Investment Team Analyst June 2010 – August 2010 • Assisted Investment Team in composing investment committee memorandum on a discounted debt purchase agreement • Completed preliminary analysis of a 13 building 1.5mm Sq Ft portfolio of commercial real estate assets • Performed cash flow analysis on an income producing property and completed comparative analysis using excel • Assisted a team of five investment analysts in reviewing documents for potential lenders to complete due diligence reports • Completed reports using various financial models and Argus Software for upper management presentations Penn State Chapter National Association of Home Builders University Park, PA Financial Analyst January 12, 2011 • Developed a financial model to calculate desired returns based on the sale of six model homes • Conducted qualitative and quantitative market analysis on a 50 mile radius of a proposed housing project • Created and presented a proposal book to a panel of industry investors and professional home builders Penn State Real Estate Competition Team University Park, PA Team Member Cornell Case Competition—2nd Place November 2010 • Performed financial analysis on a portfolio of four commercial real estate assets • Gained experience in building financial models and performing discounted cash flow analysis • Presented a recommendation based on IRR calculations to a panel of industry judges Wall Street Boot Camp University Park, PA Participant Fall 2009 • Selected from over 100 applicants to be a participant in a program designed to train exceptional finance students in the rigors of the financial services employment search • Attended sessions on career paths, networking, interview skills, resume building, etc., and completing homework assignments resulting in certificate of completion in the program Real Estate Association University Park, PA Founding Member Present • Collaborated with a team to develop and organize a student run group dedicated to real estate • Developed a certification curriculum to include topics such as REITs, MBS, Subprime Mortgages, etc 5 LEADERSHIP EXPERIENCE Acacia Fraternity University Park, PA President, Risk Manager, House Manager, Caterer November 2009 – November 2010 • Elected by a membership of 83 to lead the organizations leadership, philanthropic, academic efforts for 2009-10 • Organized and conducted weekly chapter meetings with attendance of 70 members • Gained experience analyzing, managing, and balancing a $400,000 annual budget Penn State Dance Marathon University Park, PA Finance Captain Present • Selected from over 650 applicants to lead fundraising efforts of the largest student run philanthropy in the world Skills and Industry Specific Language The following are various keywords associated with the real estate industry that you should incorporate into your resume: ›Market Research: data input, acquisitions, organized, analyze, broker, operations, commercial, property, insurance, management, lease, development, investment sales, market trends, marketplace, proposal, track sales, comparables, cash flow analysis, due diligence, competitive, initiative, asset valuation, source, negotiating, underwriting, detail, performance, analyze, valuation, reporting, financial model, leverage, project management, assess, mortgage, lending ›Potential Technical skills: Excel, Bloomberg, Morningstar, Reuters, Argus, Site-to-do-Business, Co-Star This publication is available in alternate media on request. The Pennsylvania State University is committed to affirmative action, equal opportunity, and the diversity of its workforce. U Ed BUS 13-26. LD0712