Seen similar posts about RE comp in general. I'm very curious to hear from the brokers/IS/Analysts at brokerage shops (all markets, asset classes, different sized shops) in the current market. How is your comp structured? On average, what are you pulling in year 1 and subsequent years?
Do you get paid when a deal is finalized? If so, what happens if you're on a shit team but you're a rock star IS analyst? Has anyone been successful deferring commission by shaving points and putting that into the deal as equity (assuming you have a good relationship on a buy side deal)? Percentage participation?
All thoughts welcome.
Associate is similar to Senior Analyst, but at some point at my firm they start paying you above standard analyst comp. It varies by firm/group, but I lead financial analysis and manage the due diligence process. I also package the OM, but in a more supervisory role over an analyst and graphics person.
I went from development/acquisitions at a family office back to brokerage to get into multifamily. 4 years of experience - 3 at family office, one at a prior brokerage shop
IS is great if you can hitch your wagon to a stud and be their #2 execution guy, then bird dog for middle market business. I am the #3 on a team and do all the work while the #2 guy gets paid a meaningful chunk of the commission on my back. It's incredibly frustrating. My goal is to get back into acquisitions even if I have to lateral right now. Development would be great in a big institutional shop like Hines but smaller shops scare me right now at this point in the cycle.
Feel free to ask me specific questions if I can help.