I'm interested in brokerage (I'm still not exactly sure which type). The thought of a "eat what you kill, high risk/high reward, meritocratic" career excites me as I am coming from a mundane, subjectively driven career. I understand the first 1-3 years can be a grind hours-wise and have low expectations salary wise. I'm ok with this as my wife makes 6 figures and we have no debt/decent savings. I am going in with the intention to stay long term, but just forward thinking, it sounds like the exit opps are pretty open and relationship driven (like much of CRE)- REITS, development, acquisitions, etc.
I don't mind taking a haircut comp wise from my current role to brokerage, but if I decide brokerage isn't for me or see something that better aligns- would any of the aforementioned roles be considered a 'step up' compensation wise or more of a lateral/step down? I would be concerned to 'start over' in brokerage and then, for example, 'start over' again if I wanted to, for example, move to a REIT or development. I currently have 5 yr unrelated operations experience in a second tier city (Dallas/Denver/Houston/etc).
Would also appreciate if anyone would be willing to share their path/comp/advice regarding CRE brokerage? I can PM or post more specific questions.