I've been applying for the past eight months to many CRE Brokerages and smaller PERE Funds in a major city on the east coast. I was wondering if anyone could weigh in on the pros and cons of taking either job. I know this a "what do you personally want" type of question, but I'd like to get feedback on the difference in positions.
Trending Content - Real Estate Forum
Career Resources
You're basically deciding whether to go buy side or sell side. I spent a year at a top brokerage in investment sales before moving to an Associate position on the buy side at a REIT. If you're a hustler (and are friends with hustlers), don't mind cold calling, and are a clear extrovert, maybe sell side appeals to you. If you like steady money, financial analysis, more low key people, and better job security, maybe you're more suited for buy side. This was my pathetically stereotyped observation and I'm sure there are people who disagree. Having spent a year in broker I found I prefer the latter.
If you want to go PERE but can't get in then your second best option would be an investment sales position at a top brokerage shop with the idea of moving to PERE later.
REPE vs Investment Sales? (Originally Posted: 03/15/2016)
Which would you pick for a job immediately after undergraduate and why? I was told the investment sales position will get more exposure to financial modeling across asset types and risk segments while the PE will have more of the market analysis finding deals! Which would be best if I plan on becoming an entrepreneurial developer eventually?
Investment sales at brokerage houses are typically spent just preparing OM / BOVs. You will not get the true underwriting experience that you would get at a PE shop that is buying the asset.
Nemo voluptatem rerum consequatur ipsam. Odit repellendus error sit fugiat amet occaecati sed. Culpa dolorum deserunt pariatur et. Consequatur eos impedit beatae iste et.
Quae aperiam debitis animi numquam. Cupiditate placeat est dolorem aperiam. Dolor minima amet dolor ut. Ullam sunt explicabo consectetur error eius enim consequatur in. Est reiciendis nostrum maxime velit est sunt aut.
Vel ipsa iste consequatur eaque optio. Vel et quos odit voluptatem. Quis et velit repellendus aut nostrum tempora dolore voluptatem. Dicta eveniet sunt distinctio quia vitae corporis ut. Dolor quidem consequatur vel dicta reiciendis consequuntur officia. Soluta aperiam facilis velit assumenda ducimus labore.
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...