First Development Job Offer - Help?
After working in architecture 5-6 yrs, putting together construction sets and zoning submittals, doing RFIs and construction admin, and studying a masters of real estate development part-time for 2 of those years, I finally pulled my first job offer in South Florida. It's for a small firm of maybe 10-20 people and I'd be basically doing project management on like, 2 small retail projects (<1000 sf) a month along the East Coast for a year or two while they grow their pipeline. These projects would basically be almost exclusively site work coordination, whether zoning, overseeing contractors, dealing with whatever the client / franchisee brings up about their new property. Financials would be limited to keeping track of project budgets. 55k salary, 10 PTO days (sick and vacation total), no mention of bonus, promise to reassess later on if I can handle the work.
Here are my concerns:
1. Is this a good entry into the world of development? or would a more sophisticated developer see this work 2 yrs down the road and pass me over in favor of a candidate with different experience
- Is this pay fair for my skills and experience? I keep being told how great of an asset architecture skills are, but I feel like it's the same pay as someone who might have just graduated the same masters at 22 without ever working a full time job and I am not sure if it's just me or I am being lowballed.
I am both debating taking it despite feeling overqualified just to get my foot in the door on the development side of the world but also openly questioning whether all my time spent getting licensed and learning architecture was completely worthless when I am about to make the same as people with no work experience. I feel, to put it bluntly, conned.