What are some potential careers paths a real estate broker could transition to
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[{"id": "i318wei", "text": "A friend of mine left brokerage and started a drone photography and app business catering to real estate", "replies": [{"id": "i318zuw", "text": "That\u2019s actually really cool", "replies": [], "depth": 2}, {"id": "i33pewy", "text": "\u201cAnd app\u201d? Could you elaborate?", "replies": [{"id": "i34pwpd", "text": "https://www.nestedtours.com", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "i31bpg9", "text": "Alcoholism", "replies": [{"id": "i31dknb", "text": "this guy brokers!", "replies": [], "depth": 2}, {"id": "i32bqj5", "text": "Yeah, you actually do this in real life, I can tell", "replies": [], "depth": 2}, {"id": "i32z509", "text": "This is very true. Commission sales can eat you alive. I\u2019ve been in the residential side for 23 years and i can attest- the level of addiction to cope with the stress of this business is insane. It\u2019s a tough, tough business", "replies": [{"id": "i357zzu", "text": "I work in commercial real banking originating debt and equity. I started as an analyst and after about 4 years, took a shot at moving into the sales side. Most miserable year of my life. I will literally never do sales again. I was fortunate that I was able to transition back into a senior analyst role. I'm so much happier and there is so much less stress when I'm at my computer doing data analytics than I am trying to make sales.", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "i31cekt", "text": "you could start your own company doing something else but I believe that if you are a successful broker it would be tough to move onto a capped salary based position.", "replies": [{"id": "i31wfx9", "text": "I\u2019m trying to figure out if I should do an internship at Investment sales or mortgage brokerage company? What are your thoughts", "replies": [], "depth": 2}], "depth": 1}, {"id": "i31dpea", "text": "Acquisitions is a good transition. A lot of similar skills. The cold calls are slightly warmer and you can learn more about managing properties, funds, leasing etc. \n\nAlso I think any entry level sales role would be a good fit. \n\nLastly, and this is prob a larger stretch, but I\u2019ve worked with a few younger CRE brokers who were able to transition into wealth management roles. The client facing sales/ aspect helped. The technically stuff they learned.", "replies": [{"id": "i31hdmt", "text": "&gt; were able to transition into wealth management roles\n\nthats interesting, everyone I've worked with in that has a law license.  I always thought that seemed like a pretty cool job.", "replies": [], "depth": 2}], "depth": 1}, {"id": "i31kd9t", "text": "If office...you can transition to the end user side and manage leasing, projects, etc for a large global office occupier.", "replies": [{"id": "i31obxc", "text": "you don't even have to work for a large global office user.\n\nThere are companies out there that just consult on 'moving' offices and handle everything from hiring the movers, contracting it solutions, and hiring a broker to find a spot.", "replies": [], "depth": 2}], "depth": 1}, {"id": "i31qj73", "text": "It\u2019s better to become a real estate tycoon\n\nwww.retycoonsnft.com", "replies": [], "depth": 1}, {"id": "i31tg4y", "text": "I know of some brokers that became appraisers.", "replies": [{"id": "i32btru", "text": "Why though?", "replies": [{"id": "i32c5ab", "text": "Couldn\u2019t tell you. Just know that I know of some who do. The money at the top end for brokers is more but the average for either I would assume is close.", "replies": [{"id": "i32c9ok", "text": "Sounds mind-numbingly boring, but I guess more stable income", "replies": [{"id": "i32chzc", "text": "Yeah, I\u2019ve often heard of appraisers leaving the field because it gets monotonous. From the short time I\u2019ve been doing it I can see how that happens if you aren\u2019t doing interesting properties.", "replies": [], "depth": 5}], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "i31w9pe", "text": "Appraiser or property tax agent. Big money in fighting property taxes", "replies": [], "depth": 1}, {"id": "i320txh", "text": "I have met some that transitioned to investors, property management or went and worked for developers.", "replies": [], "depth": 1}, {"id": "i321fm5", "text": "Sounds like you don\u2019t want to be a broker - nothing wrong with that - i would try something else\n\nNeither is better or worse. It\u2019s sales - just a different product.", "replies": [{"id": "i3237ex", "text": "The goal is to be an investor and I think brokerage is the best way to do that. What do you think?", "replies": [{"id": "i3256cr", "text": "What do you mean by investor?", "replies": [{"id": "i325b9g", "text": "Either outright own or as an gp/lp", "replies": [], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "i3229ko", "text": "Tech sales", "replies": [], "depth": 1}, {"id": "i326gtn", "text": "Just curious, why are you leaving being a broker?", "replies": [], "depth": 1}, {"id": "i327fke", "text": "One good investor behind you,  be a developer.", "replies": [], "depth": 1}, {"id": "i32bt9s", "text": "Handjobs", "replies": [], "depth": 1}, {"id": "i32c241", "text": "RE Private Equity, Acquisitions. Easiest transition to the buy-side and then once you prove yourself you can lateral to a different department or climb the latter.", "replies": [], "depth": 1}, {"id": "i32c8fs", "text": "The BEST career path for a real estate broker is this - use your commissions to acquire buildings and transition into being a principal/property owner.", "replies": [{"id": "i32ds5o", "text": "100% this. Slog it out for a few years as a broker, when those killer deals come across your desk, snatch them up and start building your own little empire.", "replies": [{"id": "i33dbgu", "text": "And have checks coming in", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "i3423sa", "text": "I did a short stint in investment sales after college and left that space to get into debt and equity brokerage. It\u2019s not without some of the headaches that come with sales brokerage, but I found that there was a little more of a science to that side of the business (where\u2019s the market, the numbers work or they don\u2019t, etc.). \n\nI also thought it gave me a good fundamental skill set / network to pivot into other areas of the business\u2026as I\u2019ve since left that shop to work for a bank. It\u2019s not necessarily everyone\u2019s chosen path, but bigger picture I think it provided solid exit opportunities.", "replies": [], "depth": 1}, {"id": "i343j8a", "text": "I went into property management and like it way more", "replies": [], "depth": 1}]