Tenant Rep Exit Opps
I’ve been in office tenant rep for about 3 years now. My first two years went well, but this year has been brutal — I’m barely making any money, and next year doesn’t look promising either.
I genuinely like what I do and get along well with my partner, but I’m starting to worry about long-term sustainability. I don’t come from family money, so I can’t afford to ride this out indefinitely.
My main concern is that I don’t have a strong financial modeling background, and I’m unsure if pursuing an MSRE would be worth the cost or even feasible right now given the cost.
For those who’ve made a similar transition — what paths did you take? What roles would be a good fit for someone with brokerage experience but limited technical training?
I know a lot of this community makes fun of brokers but asking this genuinely….
I did office leasing tenant rep to grad school (MSRE) and than rotational analyst program. Go for what you want. Learn the skills you need. Don’t worry about what you think people think. It’s about finding the person that wants to hire you for the role you want. Just like sales.
Only concern with MSRE is I have to take out a loan which I’m not sure is worth it
Totally get that. Can’t help there. That’s a personal situation.
I think if you’re taking out a loan just go big and go FT MBA at a good program
tenant rep exit opps are honestly pretty challenging. I think an MSRE as leverage to get a principal side role is a smart move. the easiest exit opp is likely to lateral to do leasing in-house for an office developer and then try to lateral from there to another team internally to get exposure to a different discipline. The longer you stay in tenant rep the harder it will be to transition later as the skill set is very limited and not transferable to other disciplines in development/acquisitions/asset management
Are you at a CB/JLL/C&W? If so, talk to the capital markets teams and go from there. Or network with capital markets teams and practice financial modeling. Hang around the rim. That’ll get you to buy side with out an extra degree eventually if that’s the path you want. Or something better might come along that you didn’t plan for.
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