Navigating CRE brokerage as a recent graduate starting my career and need advice.
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[{"id": "f0vg5mv", "text": "Go to a regional firm and sell multifamily. You don't need to be with the national guys to make money. What state are you in?", "replies": [{"id": "f0vijl0", "text": "I\u2019m in south Florida.", "replies": [], "depth": 2}], "depth": 1}, {"id": "f0vizk3", "text": "Good topic, looking forward to other responses.\n\n* Do you like to network? This will be important for growing your book but also for switching firms later. You can do everything you asked about via networking.\n\n* Is this the market you want to spend the rest of your life in? If you move to another city in a few years, those contacts you had won't really be as valuable anymore.\n\n* Good brokers still need to be able to understand the financials. If a client asks you a question in a meeting it's not a good look if you don't know that stuff. Not that you have to grind it out for years as an analyst, but the fundamentals are still important.\n\n* Are you busy? Sometimes the biggest negative to a small firm is the low deal flow. The more deals you have to work on, the more scenarios you experience and the faster you learn.", "replies": [{"id": "f0vzl0d", "text": "Appreciate the feedback! \n\nI love to network! That\u2019s why part of me thinks I\u2019ll be just fine if I start here. As a recent graduate I feel like I already have a strong network for a person my age/career level.\n\nThat\u2019s another thing. I like where I am but I don\u2019t know that I want to stay here forever. I\u2019m about an hour north of Miami (west palm beach), and I like the idea of getting out of the town where I grew up, and into a major market.\n\nThat\u2019s where my struggle lies. Working on smaller deals, I\u2019m not sure how thoroughly I would really dig into the numbers to gain that foundational knowledge you need when talking to clients on bigger deals down the road. \n\nAnd yes I\u2019m relatively busy, but as an intern with no experience I\u2019m not really sure to what degree I should be working on different things (deals, meetings, cold calling, etc)", "replies": [], "depth": 2}], "depth": 1}]