Real estate underwriter/ analyst pay question in the Dallas ft worth area
Currently a mred student and was wondering what the average analyst pay was for someone that does strict underwriting for a company.
[{"id": "iwhlw1x", "text": "Wall Street oasis has a good spreadsheet that people update with this kind of stuff", "replies": [], "depth": 1}, {"id": "iwie4fz", "text": "Depends on the sector and location of the company. I would target $100-150 base as a rule of thumb if you have experience prior to your masters- bonus will be dependent on the sector and location but should sit around the 20-75% range. \n\n&amp;#x200B;\n\nIf you don't have experience, I would target $80-90, but try and push hard on the bonus target to aim to reach around 40%.", "replies": [{"id": "iwjom7f", "text": "Where did you pull these numbers? That\u2019s for full on underwriters with experience kind of money. UW analyst pay for first year analysts is more like $65k + 15% bonus or so", "replies": [{"id": "iwjotwk", "text": "Mainly my personal salaries and friends in the industry. Depends on the horsepower of the analyst but I assumed since he\u2019s getting a masters in redev, he\u2019d be pushing the bounds of the salary band you provided.", "replies": [{"id": "iwq92py", "text": "More like with the masters they are able to at least interview.  Masters are not magic bullets that make someone amazing.  Usually the top tier ones will get you more beneficial standing, but that's also due in large part to the relationships and less on what the school taught.  Having a masters now a days is more of a pre-requisite than and differentiating factor imo.", "replies": [{"id": "iwqg0fx", "text": "I did preface it with experience prior to masters. Also, I worked on the private capital side of redev. Probably should have prefaced that prior to stating the bands. A large institutional debt fund offered my friend $100k salary with a 20% bonus target for an analyst 1 position back in April. These numbers aren't pulled out of my ass, the real estate job market is just bifurcated, and pay varies significantly.", "replies": [], "depth": 5}], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "iwinq48", "text": "Here is the annual cel salary survey. Industry standard salary tool. \n\nhttps://celassociates.com/cel2022compensationsurveyresults.pdf", "replies": [{"id": "iwjogzh", "text": "I don\u2019t see anything that is titled \u201canalyst\u201d", "replies": [{"id": "iwlbevk", "text": "There are 9 different analyst positions on the sheet. IT and Finance probably don't apply, but the other 6 cover varied areas of the industry directly.", "replies": [{"id": "iwlt8cf", "text": "If residential asset manager base is from $85k-$130k then what would it be for asset management analysts?", "replies": [{"id": "iwm21le", "text": "Under residential, there are two splits. Is it more buy/hold acquisition strategy or more of a heavy renovation or development strategy. That will determine whether you are looking at the operation analyst or the project analyst in that category type.", "replies": [{"id": "iwm4ga7", "text": "I\u2019m looking for analyst on the debt side", "replies": [], "depth": 6}], "depth": 5}], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "iwiobjf", "text": "I used to live in Dallas and hire analysts straight out of undergrad for a large, private, industrial developer. We typically started our analysts at $55K with a 10%-15% bonus. Sometimes a moving stipend/signing bonus was included. This was from 2013-2016. So with inflation and the fact that you have a MRED maybe you're targeting like $75K-$85K. Some places don't want to pay up for a masters degree through so be aware of that.", "replies": [], "depth": 1}]