Tell us about a time when you had to prepare reports summarizing findings and recommendations.

Sample answer to the question

In my previous role as a Research Assistant at a real estate consulting firm, I was responsible for preparing reports summarizing findings and recommendations for senior management. For example, I conducted market research and analyzed real estate market trends and data to evaluate potential investment opportunities. I used my analytical skills to create financial models and investment memoranda to support our recommendations. I collaborated with senior analysts and team members throughout the process, ensuring accuracy and completeness of the reports. These reports were crucial in presenting our findings to senior management and guiding their decision-making process.

A more solid answer

During my time as a Junior Real Estate Analyst at XYZ Investments, I frequently had to prepare reports summarizing findings and recommendations. One notable project involved evaluating a potential commercial real estate investment opportunity. I conducted extensive market research, analyzing market trends and data to determine the property's potential value and demand. Using my strong financial modeling skills, I created complex investment models that projected cash flows, return on investment, and risk analysis. I also collaborated with a team of experienced analysts to gather input and validate our findings. The report I prepared contained a detailed analysis of the property, along with recommendations for acquisition or further due diligence. Senior management relied on these reports to make informed investment decisions. I took pride in presenting concise yet comprehensive reports that effectively communicated our findings and supported our recommendations.

Why this is a more solid answer:

The solid answer expands on the candidate's experience by providing specific details of a project they worked on. It demonstrates their analytical thinking and critical reasoning skills, as well as their financial modeling and analysis abilities. The answer also highlights their knowledge of real estate terminology and market dynamics. However, it could further address the evaluation area of time-management and organizational skills.

An exceptional answer

In my previous role as a Real Estate Analyst at ABC Properties, I was responsible for preparing reports summarizing findings and recommendations on a regular basis. One notable project involved conducting a comprehensive market analysis for a residential development project. I led a team of analysts and coordinated data collection from various sources, including local real estate agencies, government reports, and surveys. I utilized my strong analytical thinking and critical reasoning skills to analyze the data and identify market trends and demand drivers. To present the findings effectively, I created visually appealing charts and graphs using advanced data visualization tools. This helped senior management easily grasp the key findings and make informed decisions. I also developed a streamlined process for report preparation, incorporating time-management and organizational skills to ensure timely delivery of accurate and insightful reports. Through this project, I not only prepared a high-quality report that received praise from senior management but also developed my knowledge of real estate market dynamics and enhanced my financial modeling and analysis skills.

Why this is an exceptional answer:

The exceptional answer goes above and beyond by showcasing the candidate's leadership skills and their ability to coordinate a team and manage data collection. It also demonstrates their proficiency with research methodologies and data collection. The answer highlights the candidate's advanced data visualization skills and emphasizes their ability to present complex information in an easily understandable format. Furthermore, it addresses the evaluation area of time-management and organizational skills by mentioning the candidate's streamlined process for report preparation. The exceptional answer exceeds the basic and solid answers by providing a more comprehensive and detailed account of the candidate's experience.

How to prepare for this question

Review your past experiences and identify projects or responsibilities that involve preparing reports summarizing findings and recommendations.
Focus on showcasing your analytical thinking and critical reasoning skills, as well as your proficiency with financial modeling and analysis.
Highlight your knowledge of real estate terminology and market dynamics, and how it has contributed to the accuracy and relevance of your reports.
Demonstrate your time-management and organizational skills by discussing how you prioritize tasks and ensure timely delivery of reports.
Practice presenting your reports in a clear and concise manner, emphasizing key findings and supporting recommendations.

What interviewers are evaluating

Analytical thinking and critical reasoning
Financial modeling and analysis
Knowledge of real estate terminology and market dynamics
Time-management and organizational skills