Commercial Real Estate— Compensation
So I had a few questions about compensation. Then I realized... Curiosity Killed The Cat?! It’s time to close some deals and make some money! Thanks for all the Feedback!
So I had a few questions about compensation. Then I realized... Curiosity Killed The Cat?! It’s time to close some deals and make some money! Thanks for all the Feedback!
+51 | Leave brokerage to be GP | 12 | 1d | |
+46 | New Comp Database - Google Form (Now with Data Validation) | 24 | 1d | |
+24 | Seeking Career Guidance in Real Estate Development Post-Graduation | 3 | 2d | |
+23 | Going out on your own | 4 | 1d | |
+22 | REPE/Development GPA | 15 | 3d | |
+21 | Real Estate = complicated + underpaid | 15 | 1d | |
+18 | Spreads over SOFR/UST | 3 | 37m | |
+17 | Fisher Brothers | 6 | 1d | |
+17 | MSRE/MSRED with no RE experience; Naive to think I’ll land a job afterwards? | 4 | 5d | |
+13 | Can you exit from Fund to Asset management or Investment in Real Estate ? | 13 | 55s |
Career Resources
Feedback.
(.)
I've honestly been out of the brokerage game for about 7 years now. I don't have any insight on what is market these days in terms of comp.
Bump though.
Thank you! I just saw your old post about compensation set up. Very informative! Thank you again.
Are they going to let you list those deals, with a exclusive contract if you switch to this brokerage firm?
(Duplicate post)
So, Colliers.
Anyway, a lot going on here. First, you don't know how to run and close a deal. Not executing on a couple off-market deals gave you no experience in how to run a deal start to finish. Also - no such thing as an exclusive off-market agreement. If you brought up this as defending points, that's why you got the smirk. Honestly, would have been a lot worse most other places so the guy must be pretty relaxed.
Not sure if the 10% was the pooled amount or just off what you find. Pooled team commissions work for teams of about 4, with clear leadership and roles. I won't start on that unless that's the case.
Typically, as an associate, you get 40-60% of what you kill. That increases as your role expands, and most of the time you get to dip into the other 40-60% once you're managing juniors. That's typical though - it's not typical to be offered an associate position on a top team without any experience, so either you're being blown smoke or gave the greatest single interview performance ever witnessed.
(deleted)
Accusamus et id molestiae error similique voluptas dignissimos. Sint quia quasi et rerum eum. Aut dignissimos repellendus velit dolorum eaque neque. Est accusamus reiciendis expedita sapiente. Vel exercitationem cupiditate tempore nihil. Quidem minima saepe asperiores sequi ut iste.
Quis perspiciatis repellendus dolor temporibus molestias sequi consequatur. Nostrum facere dolorem ut aperiam et recusandae aut cupiditate. Neque illum neque velit est odit eius in velit. Laborum et omnis consequuntur suscipit distinctio sit tenetur sequi. Ea aut amet perspiciatis odio quia architecto.
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...