What is the Industry Standard?
I am a graduating senior that will be working for a small brokerage starting this summer.  I will spend my first year working doing research type stuff until I move into a full time broker.  I just wanted to see what the typical pay for this type of position is and if the firm usually pays for the real estate licensing 
[{"id": "dh01nfx", "text": "&gt; typical pay for this type of position\n\nStraight out of school: $40k-$45k\n\n&gt; the firm usually pays for the real estate licensing\n\nIf you are interested in becoming a broker, loyal to company, and do a good job, then it's likely they will pay.", "replies": [{"id": "dh3iybt", "text": "Alright thanks a bunch for that, I'm definitely getting less than that and they are having me pay for the license. do you think that is something I should be worried about?", "replies": [{"id": "dh48g5m", "text": "honestly at the end of the day, a $500 license is not a big deal.\n\nWhat you should be worried about is their plan/structure for you moving into brokerage. Are you going to be a lone wolf? Calling a list of 100s of businesses that receive brokerage calls every week?\n\nOr are you going to be placed with a team, and taking the role of executing business while the senior guys bring in new business?\n\nUnderstanding your role/placement is critical. I've seen a lot of guys get bent over, after being told they are going to be making 100s of thousands of dollars and have a steady feed of business from the firm, when in reality they are handed a laptop and told to go out and make it on their own. Be realistic and get a solid understanding of their expectations.", "replies": [{"id": "dh51ugy", "text": "you're right in the scheme of things that one time fee is nothing, I was more concerned about the pay.  The reason I chose this place was because I have a clear role and a set plan for moving into brokerage.  I've already got the team I'm working with and the plan is year two I get a small cut of some of the deals they get that I work on and a larger cut of any business I bring in and they close.  \n\nThanks again for taking the time to talk to me", "replies": [{"id": "dh521r5", "text": "&gt; The reason I chose this place was because I have a clear role and a set plan for moving into brokerage.\n\nRushing into brokerage is not always the best thing. I did an entry analyst stint for 2 years. In that time I learned who the bullshitters were, who the trustworthy guys were, and how things work.\n\nI was offered placement on a team that liked me and was going to take care of me. It was definitely better than going in blind.", "replies": [], "depth": 5}], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "dh5g388", "text": "I started at a top boutique cre shop doing this in a Tier 1 market. Starting salary was $40k straight out of UG. They covered all my training and license fees.", "replies": [{"id": "dhwu280", "text": "is making a good chunk less than that something I should be worried about?", "replies": [{"id": "dhziq34", "text": "This role did not include any commissions. Was a research/financial analyst role. $5-$20k bonus. This was a very low compensation compared to market. \n\nI'm not sure what market you're in, but if you're cost of living is low, then it might be fine. For me, I was spending more than half of my income on rent.", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}]