Am I being underpaid, Office Leasing Agent in Secondary Market.
Pretty straightforward, I'm a few months in to a LL rep, Office leasing job and am fortunate to be on a salary of $43.5K/year. I was happy with this offer when I got it, and would accept it again, but lately I've overheard some conversations and I'm curious if this is a low number for someone in my position. Secondary market that is growing fast, company is a regional firm with a very strong local reputation. This is my first full-time job out of school.
If you are bringing in new listings, finding/setting up meetings with tenants in the market, then you are underpaid.
If you are still learning the basics and taking on a more support/analytical role, I think you are being compensated fairly for your first year.
Pretty fair for a first year, probably fair for a second year too if it's a good firm/ team.
Is that a salary, salary + bonus, or salary + commission?
Either way, my first gig as an office broker was $21,500 + a $5,000 signing bonus + commission, of which there weren't many. Any salary is a good deal at major brokerage shops, and one you can actually exist on, like yours, is even better.
For the purposes of learning, what year was that around? Or is that still the going rate from what you've heard?
That was in 2012. Doubt it's the going rate now, but betting that it's still below poverty hah
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