Untraditional CRE Paths

Inspired by the brokerage exit thread, I want to hear about the guys who have not had the most traditional path (even for RE), where they are now, and where they want to go.

I'll start - graduated from a non-target with only one CRE internship on my resume. Joined a boutique appraisal firm for extraordinarily low pay, even for where I was living at the time. That experience lasted about 7 months. I found WSO through countless "jobs after appraisal" google searches and knew it was game over (tbh didn't even know what exit opps were until WSO, so thanks guys).

Left the appraisal firm for one of the big three brokerages and worked in loan asset management. Learned a lot more there and made a lot of connections due to company size. Stayed for nearly two years and was offered an analyst position at an investment firm in NYC. Accepted the position and moved to NYC. That position/firm/experience was kind of "eh" and COVID exasperated those feelings. Towards the end of last year, got offered a new role at a brokerage again as a senior analyst and that's where I'm at now.

Long term goal like a lot of people is some sort of investment related position from the ownership side. Acquisitions or asset management, doesn't matter. But I also see how much you can make in brokerage and that is enticing. I'm not 100% sure on what I really want to do in the future so we'll see.

Really interested to see if anyone else has had a similar experience or has a non-linear path and ended up where they want to be or is surely on their way there.

1 Comments
 

Excepturi aut aut aut quae. Doloremque hic itaque fugiat vero. Sint consequuntur dolor possimus ut.

Amet itaque laborum ea. Veniam eaque voluptatibus aut placeat consequuntur aut eius.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
GameTheory's picture
GameTheory
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
DrApeman's picture
DrApeman
98.9
10
bolo up's picture
bolo up
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...”