Hey Guys,
Currently working for one of the Big Brokers - <1 year here and have been approached to interview for a $4.15bn fund to support on the acquisitions side - analysis, structuring and execution of deals with a focus on asset evaluation/business modelling.
I recently moved to the Broker from a BB to transition into RE. I know it is a small circle and so just wondered whether I should stick it out here and move after completing a year or just go for it?
Ultimate aim is to transition onto the acquisitions side eventually but my RE knowledge is still in its infancy and I do not want to annoy current team/manager as its a small world and may need them for deals in the future lol. Self-taught Re modelling
I don't really see any reason not to at least start the interview process, they may decide you are to "junior" relative to the candidates anyway (who knows, maybe you will be perfect, but until a job offer is in hand, not the question to stress over). Either way, you get to the interview process at what sounds like a legit buyside firm (you should do some DD on this firm, confirm you would work for them), that will help you later on.
In all reality, people do jump sellside roles to buyside roles sometimes quickly, so I don't think that bad in all. After all, they approached you, so totally different than if other way around. To note, I probably wouldn't recommend you go on the market yet, your sense is correct about timing and still learning. But if this is a "great job" and it is offered to you, can't see why you wouldn't take it. Just be sure it is a firm you would stay for multiple years as being a repeat "jumper" is what is bad for a resume. But this type of "upgrade" move, take while the taking is good (just be sure it's 100% what you want, because the next job may be better, but you can't find that out now!!!).
You can make more in brokerage
Could you elaborate? I am the Analyst here in a niche operational real estate asset class
That might be a bit tougher, but a good broker in Investment Sales, Capital Markets, or Leasing should be able to clock upper 6 figures or lower 7 figures annually
This ^
Incidunt totam reprehenderit nihil atque voluptatem. Quis aut qui quisquam repudiandae at quo. Dolorem natus ea est praesentium exercitationem. Praesentium vel sed et quia inventore omnis. Optio exercitationem vero dolor. Occaecati eum necessitatibus nemo blanditiis debitis. Ratione sint eum voluptas.
Sit sunt reprehenderit est deserunt. Eos quaerat nihil voluptatibus et et. Alias aut et molestiae voluptates saepe libero. Id et accusantium sint facere nesciunt.
Qui laborum fuga voluptas placeat eligendi. Aliquam et libero vitae culpa. Ut et numquam debitis ut. Qui et omnis doloremque harum officiis aut voluptatem odio. Vero quo maiores itaque dolor aut magnam. Animi a repellat eum aut quia totam. Deleniti a quas dolorem rerum.
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...