Career trajectory for Capital Markets analyst for CRE brokerage?
Just got a job as an analyst for a capital markets team for a very well known firm. I assist originators with the structuring of loans and I guess a bit of underwriting aspects to the job as well. Not really sure where I can go from here. Would love some help.
[{"id": "ic1nzkh", "text": "Go as fast as you can from analyst to broker. After being a broker and getting the grasp on the larger picture of real estate go do whatever or start your own company.", "replies": [{"id": "ic1o34j", "text": "Brokers are full time sales and 100% commission right?", "replies": [{"id": "ic1oyiy", "text": "Yes. You can have more financial success if you can do deals and a get a percentage of them versus a salaried pay.", "replies": [{"id": "ic1qqgz", "text": "How do you get clients? Seems like a tough gig", "replies": [{"id": "ic1vkx2", "text": "Make calls, network, etc. your not gonna get payed a lot ever in real estate until you bet on yourself", "replies": [{"id": "ic1vlmq", "text": "&gt; gonna get *paid* a lot\n\nFTFY.\n\nAlthough *payed* exists (the reason why autocorrection didn't help you), it is only correct in:\n\n * Nautical context, when it means to paint a surface, or to cover with something like tar or resin in order to make it waterproof or corrosion-resistant. *The deck is yet to be payed.*\n\n * *Payed out* when letting strings, cables or ropes out, by slacking them. *The rope is payed out! You can pull now.*\n\nUnfortunately, I was unable to find nautical or rope-related words in your comment.\n\n*Beep, boop, I'm a bot*", "replies": [], "depth": 6}], "depth": 5}], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "ic1w1dk", "text": "Any lender would be a potential exit opportunity if that\u2019s the path you want to take. Or could become an actual producer/debt broker. \n\nGreat place to learn as someone new. Assuming your team does a lot of volume, wouldn\u2019t worry too much about jumping into a brokerage position right away. Learn as much as you can ideally financing a variety of property types and then two years from now you\u2019ll have a better handle on what you want to do.", "replies": [{"id": "ic1w793", "text": "Would asset management for an investment management company be a doable exit op?", "replies": [{"id": "ic1wrud", "text": "Like loan asset management? Absolutely. If want to move to the equity side, I\u2019m sure you could make that transition as well but would take a little more effort from a networking standpoint. I\u2019m going to guess you\u2019re newer into your career so I wouldn\u2019t worry too much about getting stuck on a specific career path. Assuming your team is doing a lot of deals, you\u2019ll get great experience and be able to make a transition down the line if you want, equity or debt. Debt brokerage is a good place to be.", "replies": [{"id": "ic1x0gd", "text": "Well at the end of the day, I\u2019m looking for a career that has good WLB, decent comp, and not too stressful. Which path would this be?", "replies": [{"id": "ic1xx7j", "text": "This can vary so much shop to shop it\u2019s hard to say. I think there are a lot of career paths in CRE that can offer this. Brokerage definitely can, but there are also guys working a lot. Same with asset management/acquisitions at repe shops. In my experience, brokerage folks work less than anyone in private equity on average, but I know certain brokerage teams that are sending me emails at 10pm for deals. So like I said, it can really vary.\n\nI think this would be a good starting role, gain experience, and then if you think it\u2019s too fast paced can always transition. Starting out in your career, I\u2019d focus most on experience as that will give you the most optionality later to find the exact job you want.", "replies": [], "depth": 5}], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}]