Hi, i'm in Silicon Valley and am considering making the switch to commercial RE after almost 3 years in residential. I've been traveling to Asia every two months building up my database and have made some solid contacts with developers as well as some HNWIs who are looking to purchase hotels and office buildings.
I understand you're expected to focus on one niche in the business. I'm starting to setup meetings with MD's at Collier's, JLL, CBRE, and possibly NGKF (C&C here) to try to land interviews . I've also had the KW Commercial director of one of the local offices ask me to join but obviously they are a small time player compare to the others and I don't think that'll be beneficial to me.
What are splits like? I've read that most places start you at 50/50? I look at that as robbery....
What's everyones opinion on those brokers? For those of you who've made the switch from JLL to CBRE or CBRE to Colliers, etc.... can you list some pros and cons? I'm a firm believer that people ultimately hire you for your personality, experience, and what you will do for them- the brokerage comes second, but I want to be with the best. At my current brokerage, we dominate in every aspect, marketing support, etc... and even though the highest possible split isn't as high as somewhere like KW, everyone knows and trusts our brand in this market so I choose to stay with them.