What do you guys think about joining Marcus and Millichap as a way to become a market expert in a specific property type and build relationships, with 3-5 year goal of becoming an owner? Also is Marcus likely to present the possibility of meeting the right people and forming a partnership down the line to do small opportunistic development or investment deals? I'm talking about the path to real estate entrepreneurship with a small group of partners.
My thought process is since they specialize and are the market leader in private investments under $10 million I would be able use my market knowledge acquired at Marcus to do private deals later better than working on institutional deals at an internationa brokeragel firm. Or maybe I would get picked up by a small developer and team up with him.
I've read all the comments here about brokerage and it seems to be pretty well disregarded as not good analytical training, but I m wondering if the market expertise would present other options.
I'm looking for feedback from people who can offer a perspective on a career at Marcus and brokerage in general as way to do smaller deals in your market and whether it's possible to become an entrepreneur or value add investor with that experience.