Secondary and Tertiary Markets (TX)

Hey guys I am a recent college grad looking to break into the CRE industry and would love some feedback on some questions I have. I have recently been offered a spot with a smaller boutique brokerage that operates out of a major market in TX. They predominately focus on retail investment sales, both STNL and Multi-tenant, throughout the state and are a young and upcoming firm. They give all their brokers certain regions/markets to focus/operate in and the region they have available for me would be secondary and tertiary markets throughout the state. What are some pros and cons to working in these markets? Would it be hard to eventually transition into a major market down the line? How lucrative are these markets compared to a market like DFW?

I’m at the point where I am getting tired of interviewing with a lot of shops and just want to get started, but I obviously want to make sure I’m going into a good situation. Any feedback would be much appreciated. Thanks!

1 Comments
 
Most Helpful

Quam et unde ex hic velit omnis. Tempore dolorum odit odio. Molestiae molestiae est eum ut aut et exercitationem.

Sint quia voluptas placeat hic vel rerum. Officiis quis laboriosam dolorem maiores consectetur qui. Consequatur iure doloribus facilis aliquid laudantium tempore. Occaecati ab sed repellendus sapiente.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (67) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
DrApeman's picture
DrApeman
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Linda Abraham's picture
Linda Abraham
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”