Does the burn out rate for brokers exist at top shops?

Does the 90% burnout rate exist for brokers at top brokerage shops? I know most make you do a stint as an analyst before you can become a broker.

Also where do brokers that decide they don’t like brokerage end up? Can they make the jump to development/ AM/ REPE?

107 WSO Academy Real Estate Session Reviews: 4.91/5

Class of '29 Sep 2026 Cohort

5.00/5

Real Estate Career Roadmap (optional)

“Nick was extremely informative and gave me a lot of solid and practical advice. He answered all of my questions clearly and thoughtfully. I really appreciated that he gave me an actionable plan for how to approach recruiting and developing my career in general. He was very open about sharing his own experiences. He also gave me helpful perspective on how to differentiate myself during the recruiting process and make my conversations with professionals more meaningful. I feel like I have a clearer understanding of what I should focus on and concrete next steps. This was overall a helpful and valuable conversation. ”

Class of '28 Aug 2026 Cohort

5.00/5

Real Estate Mock Interview

“Nick was fantastic. He didn’t just glance at my resume and give me generic advice—he explained exactly why it wasn’t telling the story I wanted it to tell, then helped me figure out how to fix it. He pushed me to be more intentional about how I talk about my experience and gave me concrete steps to prepare for interviews, from tailoring my resume to practicing financial modeling. I also appreciated how candid he was. When I asked about real estate capital markets versus sales and trading, he gave me his honest opinion while being clear about his own perspective. He shared interview guides, answered all my questions, and offered to do a more detailed mock interview if I move forward with JLL. I left with a lot of work to do, but also a much clearer idea of how to do it. I’d absolutely recommend talking with Nick.”

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+24	Thoughts on institutional RE investment advisory roles — between the LP and GP?	5	2h
+20	New to real estate - how to start?	5	1d
+18	Early career advice.	9	2d
+17	Data Center Debt Placement - Opportunity for traditional CRE debt brokers	4	3d
+16	Best WLB in RE Originations?	9	9h
+16	LIHTC Developer Comp	3	2d
+16	Untrended YoC - Construction Escalation Included?	9	2h
+5	Nitya Capital in 2026: Extend & Pretend with a simultaneous buying boom?	4	3d
+4	Analyst Comp	11	3d
+3	MORGAN STANLEY REAL ESTATE INVESTING OFFCYCLE	2	4d

1	redever	99.2
2	Secyh62	99.0
3	BankonBanking	99.0
4	kanon	99.0
5	DrApeman	98.9
6	Betsy Massar	98.9
7	GameTheory	98.9
8	CompBanker	98.9
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10	Linda Abraham	98.8

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Does the burn out rate for brokers exist at top shops?

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Elite Career Bootcamp. Top Job Offer Guaranteed.

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Does the burn out rate for brokers exist at top shops?

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