Best CRE Brokerage for MFR in San Antonio - Current Investment/Wholesale Agent Earning around 120K Looking for a Brokerage where I can have more leverage and ultimately increase income.
Hi everyone, I have been in real estate for 3.5 years working for an investment and wholesale brokerage that doesn’t allow me to create my own team or office instead I must work under a current GM appointed by corporate I am 29yr old as of May. I’ve completed around 110 transactions both multi unit and single family. My earnings this past year were around 120k and I am set to do similar numbers this year. The biggest thing with my current brokerage is leverage and creating my own small team or hiring assistants isn’t a possibility and is discouraged unless it’s utilizing a newer sales member on our team.

I am heavily considering joining perhaps EXP Commercial, REMAX Commercial or maybe KW commercial as these are the main brokerages that pop up when I search MFR on Loopnet for my area, so I can begin growing my career with a little bit more control and leverage. However I have also heard several members of this group promote CBRE, JLL and other larger commercial brokers as better opportunities and much more serious places to truly develop a long term career in CRE and have more mentorship.

I am looking to mainly focus on the multi family niche, and perhaps expand from there. I’m looking for overall advice on the best place to start and to hear your take. I do not have a BA so not sure if CBRE or a similar group would work but I do have a good amount of actual hands on experience and several completed mfr and sfr transactions. I also adapt well, learn quickly and have been successful in sales for over 9 years. Winning a number of awards with my current brokerage.

I also like freedom and to be able to set my own schedule and not have a career that feels like a 9-5 even if it is high paying. 

Any advice is welcome, thanks
[{"id": "ifxj84e", "text": "I do a lot of multi family work in central Texas (though not brokerage) and would say that one of the big firms would be your best bet if MF is your true passion. CBRE and JLL have a big hold on the MF sector and Newmark is another one that I can think of off the top of my head. The brokers that I deal with from places like KW on these deals typically are doing mostly single family with a little bit of multi family sprinkled in here and there.", "replies": [{"id": "ifxnsfa", "text": "I appreciate the advice, I\u2019m going to reach out to CBRE tomorrow.", "replies": [], "depth": 2}], "depth": 1}, {"id": "ify14wa", "text": "You might want to check out NorthMarq.  They have a growing investment sales group that deals exclusively in Multifamily.  Their debt group has access to Freddie, Fannie and many other capital sources.  And they have a group that specializes in equity which can often come in handy for the right deals.  I have worked with them on many deals and would recommend you give them some consideration.  These guys are about relationships and getting deals done. \n\nCBRE and JLL are certainly the 500 lbs gorillas, but I get the sense that NorthMarq is a place you can show off your skills.  Zar Haro heads up the Investment Sales team in San Antonio.", "replies": [{"id": "ifzn7t2", "text": "Thanks for the advice, with my current brokerage I have a two year non compete to not do any wholesale/assignment/double close transactions, does NorthMarq do any transactions of that type?", "replies": [{"id": "ig2cop5", "text": "I am probably not quite smart enough to answer in that detail.  \n\nThe investment sales group will list properties, they sell properties, they collect a commission.  Repeat until you are rich.\n\nCheck out their website at [www.northmarq.com](https://www.northmarq.com)", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "ifztb1u", "text": "I am with KW Commercial and I love the freedom with my team while having favorable splits at 70/30 until I cap at about $21K yearly, after which I earn 100% commission aside from a $50 transaction fee per transaction to my brokerage. The downside? I have a hurdle to jump each time I tell someone I'm with **KW** Commercial, because they assume that I'm a resi-mmercial agent since Keller Williams is so established as a residential brokerage. I'm currently working on my CCIM to give myself more credibility in the market, and it also hasn't been as much of a problem as I gain experience. \n\n&amp;#x200B;\n\nFrom what I've heard about CBRE, JLL, and other larger commercial brokerages, the splits are something like 50% for every deal you close with no cap. You're also pretty much at the mercy of the MD and the other higher ups so not a lot of freedom either. But the advantage is that you have market presence on day one and you can close larger transactions to earn a great living. \n\n&amp;#x200B;\n\nBest of luck and looking forward to seeing an update post on what you decide!", "replies": [{"id": "ifzxle7", "text": "Thanks for the advice, I do value the freedom aspect a lot. How long is the CCIM program?", "replies": [{"id": "ig01v7w", "text": "CCIM can take as little as six months and I know some brokers that do it in a few years. There are a few classes to take in different topics and it's offered in a classroom and virtual setting.", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "ig1mslv", "text": "M&amp;M and Northmarq will get you into anywhere you want after a few years. Zar Haro and Marcus Siller are big hitters in Central Texas.", "replies": [{"id": "ig1p2gt", "text": "Thanks for the info, do you have a link to M&amp;M I wasn\u2019t able to find them.", "replies": [{"id": "ig1pfvx", "text": "https://www.marcusmillichap.com/about-us/offices/sanantonio-texas", "replies": [], "depth": 3}, {"id": "ig1pgu4", "text": "Marcus &amp; Millichap. \nhttps://www.marcusmillichap.com/about-us/offices/sanantonio-texas", "replies": [{"id": "ig1pkgt", "text": "Ah got you!", "replies": [], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}]