Career Path Question
Hello all, I am a retail broker trainee in a great market but I am wondering what the long term career path looks like for commercial brokers? What can you really expect to make long term, what do these people go on to do or not do, and if I end up not liking this what is a good exit or pivot that you see other people doing with success?

All input appreciated!
[{"id": "fegzfhb", "text": "This is from personal experience. In my opinion retail is the worst asset class to be involved in.\n\nYou often do more work than an office or industrial lease and get paid less. Of course there are people making great livings in retail but I feel it is much fewer than other sectors.", "replies": [{"id": "feh3p9d", "text": "Tend to agree. Retail deals take longer, fall apart far more frequently, and the fees are lower. There's money to be made, but the volume required is greater than the other asset classes. Also, try to negotiate a lease with Starbucks just once and you'll rethink all your life choices.", "replies": [{"id": "feh4gyi", "text": "I laughed out loud on the Starbucks comment. I recently had the broker that represents Starbucks in my region interested in one of my properties and the broker said \u201cI will check out the building tomorrow morning from 7-9am, Starbucks makes all brokers physically sit and count the traffic for 2 hours\u201d.", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "feh1tm6", "text": "If you were a broker, that is your career path. A broker is a broker. It\u2019s about building a book of business/clients that can facilitate whatever lifestyle you\u2019re looking for. That\u2019s why 20% of the market gets 80% of the business. The better and bigger the clients the more money you\u2019ll make.", "replies": [], "depth": 1}, {"id": "feh40gk", "text": "dont worry about long term career path or \"exit options\" . if you're going to succeed in brokerage you gotta be all in balls to the wall", "replies": [], "depth": 1}, {"id": "feh75wn", "text": "My experience in retail investment sales is quite lucrative. Especially value add deals with high vacancy. Those things fly off the shelf. Can\u2019t speak to leasing.", "replies": [], "depth": 1}, {"id": "feh8sej", "text": "ive been in the business only two years so take my word with a grain of salt.\n\nretail deals are best in high volume, and with good B or A class rated centers. crappy low end B\u2019s and C\u2019s will net you low commission and stupidly low success rate with how many people think they can open a business, but dont even have a business plan or reasonable capital. \n\nthat being said, retail investment sale and high end listings are great end goals. low end stuff like 1000 SF barbershops or water n ice stores in low B strip/neighborhood centers are perfect learners and GREAT for getting experience. \n\ni learned more in my 1200 SF lease of a low end retail client than i did with a 4000 SF newly built office space. every deal is different.", "replies": [{"id": "fehg8lz", "text": "What does comp look like?", "replies": [{"id": "feibs8m", "text": "What do you mean by comp? Competition in the marketplace? Comps to the deals?", "replies": [{"id": "feij7i9", "text": "Compensation", "replies": [{"id": "fejwsvb", "text": "the percentages i make are confidential. sorry pal", "replies": [{"id": "fejx6pb", "text": "I\u2019m not asking for specifically what you get.  I\u2019m asking what market compensation is.", "replies": [{"id": "fejxv4g", "text": "between 3 and 8 percent", "replies": [], "depth": 7}], "depth": 6}], "depth": 5}], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "fehbtlg", "text": "Retail leasing or sales? \n\nAre you selling CVS or are you leasing water stores? The career path is very different. \n\nLong term for brokers? I dunno, I don't think the business will go the way of resi brokers, but there is more commodification of brokers and the gatekeeping element is disappearing. \n\nIt really depends on your team. They should be killing it right now, even in retail, but they should be worried that things are changing or are about to change. This is the feeling of every broker I have talked to. But for the time being, development is high, lease rates are super high, vacancy is low ... oh wait, I am talking about industrial. Fuck retail man. \n\nGo to one ICSC conference and see if it is in your blood or not.", "replies": [], "depth": 1}]