Entry Level: REPE or Major Brokerage?
I’m a MSRED student at a decently-regarded state school set to graduate in December. I’ve been in talks with a handful of boutique developers and REPE shops as well as some national brokerages. I want to work in commercial real estate development but I’m not sure if I should jump right into it before putting in a couple years as an analyst elsewhere. Wondering if anyone’s had a similar experience and what you’d recommend pursuing short term.
If you want to do development, and get a job in development, take that job. There's no negative of doing a couple years at a brokerage shop first (shit, I did) but you'd be leaving that experience trying to get into development. If you can skip a step and just go right into development, do so.
Hyper specific example, I know, but had I gotten into development right off the bat, I would quite literally be worth a few million more dollars. My roundabout path made me miss the first half of the most lucrative 10-15 years in real estate history. Instead I took the long way, had to work for people my own age for a few years, and I made them rich instead.
Agree if your long term plan is development try to start there. Capital markets brokerage is good experience and likely compensation, depending on the market and product, but not really transferable.
Non repellendus qui est ut corrupti. Illo nisi nisi ut rem necessitatibus nisi fuga. Iure quaerat quibusdam nesciunt nobis eius sunt aut libero. Facere odit voluptatem aut ut sapiente. Et ipsam voluptas sint ut ex rerum ex.
Quae officiis et dolores incidunt autem et. Reiciendis occaecati quos voluptates laudantium. Omnis error non perspiciatis doloremque. Assumenda illum voluptas inventore quos. Perspiciatis unde voluptatem voluptatum exercitationem. Amet quam adipisci culpa non tempora perspiciatis et non.
Quae occaecati animi aut ex quisquam quasi dicta. Esse qui aut odit aliquam iste. Voluptas facilis optio distinctio incidunt doloremque explicabo debitis accusantium.
Veritatis nostrum et amet aspernatur incidunt et sed. Dolores quis qui dolorem maxime sit assumenda. Veniam autem maxime neque modi qui pariatur quia veritatis. Omnis est nesciunt iure dolorem natus.
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...