M&M

I have an offer to be a financial analyst at a small shop on the east coast for M&M they only have four senior or brokers but did over 300 million in ales over the past 24 months mainly on retail properties averaging at about 4 million, I'd like to transition into brokerage at this group in a year or two or go to the buy-side I'd be the only analyst in the group just wanted anyone thoughts on the opporutnity

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As long as they have solid deal flow, they are paying a good salary (not a draw), and you're not actually going to be a junior broker but will have time to grow into brokerage it sounds like a decent offer. People shit on mm because they hire dumb kids (me) out of college, put them at a desk with a phone and say "go for it" and so these new kids say a lot of dumb things and sometimes those kids become fairly successful but remain dumb so they become successful dumb brokers which tarnishes the reputation of the whole firm. That isn't to say there aren't plenty of smart, intelligent, and successful people/groups within mm, there definitely are, it's just that there are way more dumb kid brokers than smart brokers.    

 

They have four kids like that I have the option to grow into brokerage and make a salary or leave for the buy-side there ranked as a top ten office in the mid-Atlantic for all of commercial real estate so I think its a good deal 

 

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