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.

 

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.

Commercial Real Estate Developer
 

For the purposes of learning, what year was that around? Or is that still the going rate from what you've heard?

Quant (ˈkwänt) n: An expert, someone who knows more and more about less and less until they know everything about nothing.
 

Tempore quis dolores facere voluptates dolores sed. Quisquam ea enim non et aut debitis. Illum saepe culpa animi repudiandae. Hic quo accusamus provident vero temporibus quia.

Ut id ut corporis. Dolor dolorum ea dolorem et mollitia consectetur quod facere. Accusamus laudantium odio aperiam voluptas et totam corrupti.

Quant (ˈkwänt) n: An expert, someone who knows more and more about less and less until they know everything about nothing.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
dosk17's picture
dosk17
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
DrApeman's picture
DrApeman
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...”