Recent Graduate Brokerage Options
Hi There.

&amp;#x200B;

I am currently graduating after the current semester and I am applying for investment sales broker positions. I have experience in two different sales internships including one last summer in an NYC commercial multifamily sales brokerage, in which I learned about and gained interest in CRE brokerage.

I understand that many of these jobs offer 100% commission pay structure, which is not something I am against. I am looking to figure out more about how firms compare in both **training** and **commission** structure. If anyone has any advice as to which firms offer what type of commission, or the quality of training they offer, I'd be thankful for the advice.

\*Also, I am originally from the east coast, so therefore I am searching/apply for positions all across the east coast, but mostly to NYC brokerages or investment firms.

&amp;#x200B;

Thanks
[{"id": "ejfho0f", "text": "Marcus &amp; Millichap has good training for multi-family investment sales from what I have heard.", "replies": [], "depth": 1}, {"id": "ejfqbq9", "text": "Honestly, the commission structure when you start isn't all that important as that will likely change as you gain experience as a broker. Regardless, you are going to make very little the first two years as you are learning the business and \"paying your dues\". It's just the nature of a pure commission job. I would add that the amount of face time you are getting with a top producing broker or team should be of utmost importance at this point. You need to work a lot of hours with a successful senior broker who can mentor you and teach you the business. That is probably even more important than the company you work for.", "replies": [{"id": "ejfr9oa", "text": "Awesome advice, thank you. I understand the commission structure when you start off is going to be the least favorable. I\u2019m slightly concerned with joining a firm that would end up raising my commission either slower or ultimately lower as my broker business grew. I would like to stay at the same firm, under the same senior broker for as long as I could, assuming it\u2019s a good fit. I will definitely take that advice into account and focus on finding the right senior broker. ", "replies": [], "depth": 2}], "depth": 1}, {"id": "ejg2i4h", "text": "If you join a big firm, you won\u2019t be able to be a junior out of the gate doing investment sales. You will likely have to be an analyst first. As another poster said, M&amp;M does give you the opportunity to come in as a junior immediately but tread carefully with them. You may be able to get into other local or smaller firms as a junior but the best path is to honestly grind it out as an analyst at big firm for 2-5 years and then become a junior that way ultimately.", "replies": [{"id": "ejufzz2", "text": "I worked on the construction side of interior commercial RE for about 5 years and the analyst turned brokers were the ones in my experience that had the most success.  They spent those first few years out of college (when everyone doesn't know shit about what they are doing) being taught the underlying financials and trends of particular markets, and getting paid to do it. It's kind of like finishing school for CRE financials. I talked and met with enough brokers and sat in enough high level meetings to see the trend. ", "replies": [], "depth": 2}], "depth": 1}]