I recently received an offer as a development analyst that seems well below market based on a past offer I received. Should I negotiate? My other offer was at a major LifeCo in a bigger market so not sure if that's the reason for the discrepancy.

This is my own personal experience so take it for what it is worth. But my starting salary in the appraisal world was offered at $50k. I said something similar to stay thirsty above and said I was very excited about the opportunity and if they could come up to $55k I could start as soon as they needed me. They met me half way and reiterated some of the other benefits they were offering. As it was my first real life job or professional experience, I accepted right away.

Yes, always negotiate but make sure to do it in a respectful way. Employers expect a back and forth on salary so it won't reflect poorly on you, if done correctly. Mention how excited you are for the role and to working with the team but ask about flexibility for a higher performance based bonus while citing industry compensation reports. Since you're a student, you can mention heavy student debt burden and how the last thing you want is a starting salary to impact your ability to accept the job you want.

You need to negotiate because that's simply what you do, but I agree that in this climate it is incredibly risky to push too hard, or even push at all. Don't overplay your hand.

Should I negotiate my offer? (1st Year Analyst)

C.R.E. Shervin

As someone with 15 years work experience and 7 in commercial real estate. You need to understand, no job for the first 3-4 years is super interesting, let alone mentally rewarding. It is about the skill set you will learn, the number of "reps" and deals on your resume which will lead to the best, most exciting and financially rewarding opportunities of your life when you are in you late 20s.

Your job as a first year(incoming), in this recession is to live to pay the game another day. If our end goal is to b a developer, you can't be that when you are fired/laid off. The experience you will get in 1-2 year will allow you to apply for that job at hines/REPE/etc in development. All this while mitigating the downside of the hand you were dealt regarading graduation datess.

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Authored by: Certified Real Estate Professional - NACertified Real Estate Pro

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Should I negotiate my offer? (1st Year Analyst)

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