Have the opportunity to join CBRE at a small national team. $50k salary 1st year, 100% commission thereafter. Pros/Cons?
I have the opportunity to join CBRE as a junior broker on their brokerage team. The pay is $50k my first year and thereafter year 1, 100% comission on a 50/50 split. The biggest draw down for me personally is the 1hr,15min commute each way. Worried I will get burnt out fast in addition to the responsibilities the job demands.

Anyone have any thoughts to share? Pros/Cons/Etc.?  


Edit: Thanks for feedback, I should mention my other option is to join ten-x auctions at manager role and make $80k base and up to $150k OTE. Obviously both different career trajectories in their own respect. 
[{"id": "fjleok5", "text": "Do the splits escalate with the more deals you do? Just a thought, ours go up as high as 90/10 when you reach a certain level of income. Sounds like a good deal though.", "replies": [{"id": "fjliamm", "text": "The split is 50/50 for your first $350k but you don't see any commissions till year 2.", "replies": [], "depth": 2}, {"id": "fjlo6kx", "text": "The big shops don\u2019t go that high.", "replies": [{"id": "fjlqvj7", "text": "Yea I think she said there are different tiers but it goes something like this:   \n1) Up to $350k (50/50 split)  \n2) $350k - $450k (55/45)  \n3) $450k - $550k (60/40)   \n.... and so forth.", "replies": [{"id": "fjltk1b", "text": "That sounds right. 60% or 65% is generally top waterfall tier unless you\u2019re a top top producer like an Exec Vice Chairman and get supersplits on top of that.", "replies": [], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "fjlfdby", "text": "The commute will kill your productivity. Either move closer to work or find a firm closer to where you live now", "replies": [{"id": "fjlicok", "text": "Yes, my concerns exactly. It's a great opportunity with a small team but I can't relocate until at least a few months.", "replies": [{"id": "fjlo9as", "text": "So deal with it for a few months, then move closer if it\u2019s going well", "replies": [{"id": "fjm8zrw", "text": "Lol spoken like a father to their naive child. Spot on bud. Don\u2019t know why people have to overthink and make things so complicated.", "replies": [], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "fjlmkh2", "text": "You should do fine. Get an electric car. Commercial is hard to get into.", "replies": [], "depth": 1}, {"id": "fjlng6f", "text": "That\u2019s a great firm, and that sounds like a great opportunity. I know people who have gone to CBRE and they speak very highly of it. The hardest part about getting into CRE is the beginning period where a lot of people easily go a year without making money, this position sounds like a great way to overcome that hurdle.", "replies": [{"id": "fjlnkca", "text": "Yea it\u2019s this or a client manager at ten x commercial managing auctions, 80k base salary with OTE up $150k... tough choice.", "replies": [], "depth": 2}], "depth": 1}, {"id": "fjlqlyd", "text": "50/50 doesn't strike me as a bad split for a new junior broker at an established firm like CBRE, but I have a few questions:\n\n1. If you are joining an existing team, do the more senior brokers also get a % of your commissions? If so, is that coming out of CBRE's half of the 50/50 or your half? Conversely, will you share in any of the team's commission revenue, or are you expected to generate all your own business?\n2. Any idea how much commission revenue the team currently generates? I would want to get a handle on this ahead of time so you can get an idea of what your personal income will look like in Years 2+.  \n3. Will you be focusing on a particular product type? My recollection is that most \"national\" teams at CBRE are specialty practices, e.g. student housing, data centers, etc. The advantage of these product types is they are very niche, and with CBRE having only one team in the entire country covering that product type, the team gets a lot of inbound business \"by default.\"\n\nI will say that, in my personal experience, commuting sucks. If you'll be conducting lots of property tours, you might be on the road a lot anyways, but that probably won't be the case when you're first starting out.", "replies": [{"id": "fjlr4fo", "text": "Yea except you can't collect any commission for your first year. You are stuck at the $50k salary. I believe there is profit sharing amongst the team but I don't know the split. Their public pricing is not disclosed (ie: price on request) so I don't know how I could calculate that. The recruiting manager said their team is \"very successful\" \n\nThey work in self-storage, extremely niche.", "replies": [{"id": "fjogysj", "text": "I think the more niche, the better. Not an expert but my impression is the self-storage industry is growing fast. I'd say go for it -- I'd power through the commute for a year and if you end up liking the role and see real upside potential, relocate closer to work.", "replies": [{"id": "fjoj7px", "text": "Thanks. Yea I\u2019m already exposed to self storage a bit after working with a client and facilitating entitlements and build out for his storage facility and I\u2019ve witnessed how quickly it\u2019s growing. Particularly states like Idaho and Utah. Seems like a very lucrative space to be in and amongst all other asset types, this is the best to be in from a national stand point, in my opinion. I\u2019m going for it. Thanks.", "replies": [], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "fjlqvvr", "text": "It entirely depends on the market, team, product type. Are these rainmakers bringing in business, or will you be cold calling hundreds of 5-unit brownstone owners to get listings?", "replies": [{"id": "fjlqy08", "text": "Product type is self-storage, extremely niche.", "replies": [{"id": "fjlramc", "text": "I\u2019d be careful. Depends how much market coverage these guys have. CBRE is an awesome company but there are teams that are extremely weak. In brokerage the team/people are much more important than the company on your business card. The fact that they are offering you a base salary the first year is a good sign. I would google the team and see how active they are.", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "fjlxj6e", "text": "I hate cbre.   but good luck", "replies": [{"id": "fjlxkow", "text": "Care to explain further? Do you work there or do you hate them because they are a competitor?", "replies": [{"id": "fjlz90o", "text": "lol.  I wouldn't consider them heavy competition.  I've been boutique only forever.  just never liked cbre and their snotty nosed douchebag brokers.  they churn and burn brokers, which is why 90 percent of the guys you deal with , you'll never see them in 2-3 years. plus I swear I've never seen a black or hispanic broker there. its like they went to some waspy country club and handpicked a bunch of tennis nerds who went to Dartmouth to come work for them. \n\n\n\n all the big shops are like that though.  part of their business plan.", "replies": [{"id": "fjn69ec", "text": "sounds like you have some personal issue", "replies": [{"id": "fjnolx4", "text": "I got lots of personal issues my friend   what about you", "replies": [], "depth": 5}], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "fjm95pj", "text": "50K is great for your first year. Much higher than competing firms. Couple thoughts:\n\nYears 2 and 3 are going to be hard/lean. This is just the nature of the business with long deal cycles. \n\nI\u2019d really suggest focusing on finding the best mentor/team.  If you want to be a top 100 broker than you\u2019ve got to learn from a top 100 broker (it at least helps).\n\nFor your commute: cbre has offices pretty much everywhere. I\u2019d move closer to the office (don\u2019t know your situation but I drove in my first year and it was exhausting).\n\nCbre is a great shop. I\u2019m a big supporter of going to one of the top 3 (top 5) firms and learning from the best.", "replies": [], "depth": 1}, {"id": "fjmmnz8", "text": "Im currently on the same boat as you. Im getting paid $40k salary 1st year and 100% commission thereafter. My commission split is 70%. But i dont think i would get any on my first year because everyone say youll eat sh*t for the first few years. \n\nAs for commute, mine is 2 hrs away. 3 nights out of the weekdays, i would sleep in my car. Its about how bad do YOU want it. I want it because after grinding for 2 years, I can work from home. Bitter sweet brother.", "replies": [], "depth": 1}, {"id": "fjmqhzd", "text": "OP, CRE broker is a big money thing. If you can build connections, you can make millions in this.", "replies": [], "depth": 1}, {"id": "fjmt044", "text": "50/50 splits are standard. \n\nHaving had recruited many brokers and also now having many customers who are the heads of offices and regions, I will tell you that a new broker makes on average $60k in gross commissions a year their first year. That means you\u2019ll make $30k. The commute will kill you. \n\nNow, if you\u2019re part of a team with a lot of listings who can feed you leads, you\u2019ll make much more - depending on the number of listings and referrals they generate. \n\nWish you the best. It\u2019s a great industry, but it does come with sacrifices at the beginning", "replies": [], "depth": 1}, {"id": "fjoaxhq", "text": "Definitely do it", "replies": [], "depth": 1}, {"id": "fk2xj6y", "text": "Pretty standard broker starting comp. If you're passionate about the industry and are a killer networker go for it.\n\nOne thing I'll say though is brokerage hours can be BRUTAL especially for juniors, so if you're commuting over an hour it could be tough.", "replies": [], "depth": 1}]