What were the first 5 years of your CRE career like?
Currently an intern - and this is one of my go to questions to ask senior brokers. I am curious on how people adjust to the industry and what they noticed along the way. Year 1 is going to be much different than year 5; so what advice do you all have for someone starting CRE in 2022?
[{"id": "idibxat", "text": "Almost exactly like the next 5 years (but nowhere near as much money).", "replies": [], "depth": 1}, {"id": "idjw1ud", "text": "A grind.", "replies": [], "depth": 1}, {"id": "idjy4wb", "text": "A grind. A few slow months, one (comparatively) good month, a bunch of bad months, etc. it was tough. \n\nA lot of phone calls and rejections,\nA lot of wasted time on not serious buyers/potential sellers.", "replies": [], "depth": 1}, {"id": "idkh48g", "text": "I'm going on my second year - still a fair bit of grunt work (working under 2 seniors). This was expected &amp; I wouldn't change anything. Learning the industry is so crucial, being able to hold conversations with tenants/ landlords/ buyers/ sellers is a game changer. Talk less - listen more. Learn as much as you can, it'll only help you in the long run. Try to hop on calls with your seniors &amp; just listen to the conversations, go on tours, network with local brokers (get your name out there), ASK questions, keep up with the local CRE news in your market, understand lease terminology/ structure. It doesn't happen overnight; it takes time &amp; patience.", "replies": [], "depth": 1}, {"id": "idldfj8", "text": "Every day I question if I made the right choice.. Im a Tenant Rep :')", "replies": [{"id": "idq7y8z", "text": "I feel this \n\nI was debating whether I should do acquisitions or asset management and do brokerage part time", "replies": [], "depth": 2}], "depth": 1}]