I joined a Capital Markets team at a boutique CRE advisory company. Initially, I was hired on to act in a supporting role to top producers on the team. Managing DD processes, UW, Prepping presentation material, etc... I came on with a small base salary and participated in 3% of the fee allocated to the team's split.
Upon starting, it was apparent I had the fundamental knowledge to start producing myself. In my downtime, I started making calls, forging connections, and chasing business. Since then, I have signed up a deal that will generate a ~60k fee for the company. (With both a sponsor and lender that was not in the database previously)
With the deal set to close in the coming weeks, the head of the Cap Markets team wants to meet to talk about commission splits on the deals where I have 100% origination credit.
I'm wanting to go into this meeting prepared with what is "market comp" at other brokerages. Any thoughts?
Sidenote - I am at a smaller boutique firm. Not a CBRE, JLL, etc..
Placeat necessitatibus soluta amet numquam et inventore. Voluptas natus delectus sit doloribus in earum. Qui nihil odio et explicabo. Id distinctio sed iste aspernatur cupiditate omnis commodi iusto.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...