Received a job offer from Newmark in valuation and advisory. The team seems a little small and is mostly focused on retail/office valuation. The only issue I am running into is the pay. The offer letter says 21.67 per hour and the commute is rather far. I would be taking around a 20k paycut all things considered. I just turned 24 years old so I am still living at home at the moment thankfully. My questions/advise I am looking for is:
- Will the position prepare me for a role in maybe asset management or acquisitions later on?
- Even though the team is small, If i were to get on a fee split next month, would I technically receieve a significant pay increase?