Newbie question about an analyst role: Marcus &amp; Millichap vs Institution Property Advisors
[deleted]
[{"id": "io4k5ge", "text": "Isn\u2019t Institutional Property Advisor owned by M&amp;M?\n\nI feel like \u201cprestige\u201d depends a lot on location. In one market a certain company might be considered the best but in another it\u2019s not as well regarded. \n\nFor the rankings of the companies - it\u2019s not an apple to apple comparison. Half the ones you listed are brokerage firms and the other half are the owners. The brokerages may own some buildings but not to the extent of a Brookfield or Blackstone.", "replies": [], "depth": 1}, {"id": "io4ynxc", "text": "The ones with lower turnover usually offer the best compensation. Eastdill is top of the heap here.", "replies": [], "depth": 1}, {"id": "io55m5x", "text": "IPA is far more prestigious", "replies": [], "depth": 1}, {"id": "io5qyl1", "text": "IPA is a division of MM. More even commissions splits compared to MM in exchange for more resources.", "replies": [], "depth": 1}, {"id": "io5vnyi", "text": "IPA is M&amp;M and it\u2019s their institutional side. You will UW a lot of big deals. It depends on what you\u2019re looking for after. The brokers on IPA don\u2019t necessarily make more $. There\u2019s a lot more mouths to feed when working large IPA deals that are complex.", "replies": [], "depth": 1}, {"id": "io6axju", "text": "Depends on your career goals. Blackrock managed investment funds vs M&amp;M is mostly a brokerage business.\n\nAt IPA and M&amp;M it is market specific. You could be working for a top performing team with a lot of volume or you could be at a location that only does a handful of deals.", "replies": [], "depth": 1}, {"id": "io6yfob", "text": "The companies you mention are not closely comparable.", "replies": [], "depth": 1}, {"id": "io74ymi", "text": "Worked as a broker for 5 years with M&amp;M in BK and you\u2019ll work on far bigger/more interesting deals working within the IPA role. I personally would find out what agent you\u2019d be assisting bc the top agents at each office are all VERY different. \n\nPersonally, like others on this thread mentioned, career trajectory wise you\u2019d be better offer looking for a role with a place like Blackrock. I think your growth with IPA would depend on the agent your working for in whichever office your working.", "replies": [], "depth": 1}, {"id": "io7bhqd", "text": "I worked at IPA as a SIP. \n\nIPA is a subsidiary of M&amp;M. IPA still uses a lot of M&amp;M resources: Lexus nexus, salesforce, training, etc. You\u2019re still beholden to M&amp;M policy and benchmarks. IPA only goes after 20MM and above deals. For Multifamily it\u2019s over 200 units. I would say it\u2019s more prestigious, but a lot of the owners I called didn\u2019t know who IPA was. M&amp;M is obviously the more recognizable name. I would still rank CBRE and Colliers above though. \n\nAll that said\u2026don\u2019t work there. It\u2019s still M&amp;M to it\u2019s core and they churn and burn through people like crazy. It\u2019s always better to work in the principal side anyway and you\u2019ll get far better experience.", "replies": [], "depth": 1}]