How much do brokers actually pull in?
I'm talking about your net of everything. So you pull in your commission and have a split with the company (anything from HFF/ CBRE to smaller boutique shops). Larger deals typically have multiple hands in the bucket (at least from what I've read- correct me if I'm wrong). So you split with your partner(s). Typically brokers have to source their own business- so after expenses of doing that (maybe it's client dinners, maybe software, etc.)
I am just curious. Comp has been talked about on other threads and I know it can go wildly all over the place. Some lazy broker in the middle of nowhere can make 0, Darcy can make it rain. I'm just curious.
This question applies to both Investment Sales, Leasing, and Debt/ Capital Markets/ Structured Finance.
** Also, where do you see the future of broker compensation? Is the space getting more or less crowded?
Private Equity Interview Course
- 2,447 questions across 203 private equity funds. Crowdsourced from over 500,000 mem.
- 9 Detailed LBO Modeling Tests and 15+ hours of video solutions.
- Trusted by over 1,000 aspiring private equity professionals just like you.