Commercial Real Estate— Compensation

So I had a few questions about compensation. Then I realized... Curiosity Killed The Cat?! It’s time to close some deals and make some money! Thanks for all the Feedback!

12 Comments
 

I've honestly been out of the brokerage game for about 7 years now. I don't have any insight on what is market these days in terms of comp.

Bump though.

Commercial Real Estate Developer
 
Most Helpful
"newbiegoodie" (JLL/ CBRE/Colliers/Cushman).

So, Colliers.

Anyway, a lot going on here. First, you don't know how to run and close a deal. Not executing on a couple off-market deals gave you no experience in how to run a deal start to finish. Also - no such thing as an exclusive off-market agreement. If you brought up this as defending points, that's why you got the smirk. Honestly, would have been a lot worse most other places so the guy must be pretty relaxed.

Not sure if the 10% was the pooled amount or just off what you find. Pooled team commissions work for teams of about 4, with clear leadership and roles. I won't start on that unless that's the case.

Typically, as an associate, you get 40-60% of what you kill. That increases as your role expands, and most of the time you get to dip into the other 40-60% once you're managing juniors. That's typical though - it's not typical to be offered an associate position on a top team without any experience, so either you're being blown smoke or gave the greatest single interview performance ever witnessed.

 

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