What would i be doing as a new hire at a development company?
Hey, everybody (Happy Thanksgiving) I am a senior in college about to graduate with a finance degree. 

I have possibly two career options when I graduate. One as a commercial real estate broker and one with a company that strictly develops. 

I know that with brokerage I will not make much money for a year or more, but the money you can make if you are successful is a lot. 

I'm wondering if I decide to take a job on with a developer what would a new guy be doing? There are pros and cons to each job (brokerage or development) The thing that steers me to the development company is a steady salary. This company is smaller but growing fast. Do you get bonuses working for a development company? How does pay structure work? 

Thanks!
[{"id": "dq8ws4s", "text": "I would take the development job. It will be a more valuable experience in my opinion. Here\u2019s way:\n\n1. Brokerage jobs are much easier to land, since they are commission based, and valued less on a resume unless you are staying in sales\n\n2. You are learn the ownership/development side of the business from a functioning company in the industry.\n\n3. Brokerage is extremely hard. If you really think it\u2019s the career you want to pursue, I\u2019d argue working for a development / ownership company first could be tremendously valuable to your success in brokerage later.\n\nPlain and simple, gaining experience while in a stable environment is invaluable. You can easily switch to brokerage later if you think you made the wrong decision but it is much harder to switch to the ownership side after being in brokerage. ", "replies": [{"id": "dq8z5cy", "text": "Totally agree with everything said here. I'm in development and finance. ", "replies": [{"id": "dq98j5y", "text": "Same. I concur.", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "dq90rd5", "text": "I just accepted a job at a medium sized development company where I had interned for the last two years. I would 100% take the development job. You will gain so much more experience and better understand how the real estate process works. I have worked with so many brokers who are just absolutely clueless even from some of the bigger firms. My company offered me a solid base plus I get paid a percentage on profit from every deal we do. ", "replies": [], "depth": 1}, {"id": "dqaeq6i", "text": "I might disagree from the general trend here a little and say it really depends on what you want to do. I heavily looked at both top brokerages and development companies before finding my current position with a small but growing, highly-agile developer in a very strong market. I took this position because my end goal is development for myself. The experience with that in mind is absolutely out of this world. \n\nIf you want to become an acquisitions guy at a top shop though, brokerage might be more attractive for you given the deal flow you will get in the field. It really depends on what kind of brokerage you are looking at. Eastdil? HFF? CBRE? A regional mom and pop shop doing leasing? \n\nThe other thing I would say is that I suspect a lot of people overestimate how rigid career paths have to be. Real estate, out of all the financy fields, is so much about who you know that if you have a good contact at a firm you want to go to, doors will be open...as long as you seem smart and capable and have a decent resume. I just talked to a market leading broker in my city who said a number of mid-career acq/development guys go over to take on producer roles at great brokerages since they already have great contact lists. \n\nBut if you want to make the real 7-figure+ money, that will more likely come with ownership/development.\n\nTL;DR you're going to get better skills and have a lot more fun at the developer but if you have your heart set on acquisitions at a top firm, getting in with a respected broker could be beneficial. But you can probably do whatever you want from either path. ", "replies": [], "depth": 1}, {"id": "dqd16z8", "text": "I'd vote developer -- all day!", "replies": [], "depth": 1}, {"id": "dqfpwmj", "text": "Every broker I know is trying to become a developer. That should tell you all you need to know. ", "replies": [], "depth": 1}]