Has anyone worked at CBRE?
I've been talking with them for about month and they made me and offer, I was wondering if any of you have worked their or have and opinion. 
[{"id": "crh13gt", "text": "Using a throwaway here since I don't have a professional account.\n\nI have worked at CBRE for nearly 6 years in a Top 10 market. During that time, they have fostered in me a well rounded understanding of the CRE market. The company has allowed me to serve in multiple facets of the different service lines and I feel like they really do allow you to make your own way and they encourage you to take hold of your career.\n\nThey also have a sink or swim mentality as I imagine a lot of CRE firms do. If you're shit, then you won't be there long. Unless you are an admin. They hire the dumbest wastes of space for that though. I have no idea why. It's crazy. We have some of the smartest and most professional brokers and sales people but emails drafted by our admin staff look like a fucking 5th grader wrote them. Frankly it is really embarrassing. \n\nHowever, the other support staffs of marketing and research are above and beyond my expectations. Really great crews there. Can't recommend enough.\n\nAt the end of the day, I would really suggest you take the offer. It's a great company (excluding the mentioned admin fiasco) and I hope to stay there through the rest of my career.\n\n", "replies": [{"id": "crhcpkx", "text": "How much is the starting salary ", "replies": [{"id": "crhefmr", "text": "Honestly? $0/annually. Welcome to Real Estate: Eat what you catch.\n\nMary Ann Tighe (look her up) and the most junior sales assistant start Jan 1 of each year with the same amount in commissions, that's the beauty of CRE, and that's the burden of CRE. \n\nGood luck out there, happy hunting.", "replies": [], "depth": 3}], "depth": 2}, {"id": "crhxgdp", "text": "hey! if you dont mind me asking, how much do u think the entry level research analysts got paid? Atleast an estimate? And does every CBRE office hire research analysts or do some markets have only brokers and do not need analysts?", "replies": [{"id": "crkw8ir", "text": "Was a research analyst at CBRE 2012 hire- offered $40K starting with great benefits.  4% raise at 12 months, and promotion inside 15 months- $10K additional plus a bonus of $5K. Florida market. Quit to become a CRE Agent but loved it there. Good luck. ", "replies": [{"id": "crkx4t2", "text": "hey! thank you so much for taking the time to reply!, and thanks for the info! I just have one question, do you know if brokerages like CBRE just like development firms also hire \"financial analysts\"? are those jobs harder to get than research analysts? any difference in pay? From my understanding, I know development firms/reits use financial analysts for financial modeling, working on whether future acquitions, investments are worth it, do financial analysts play a different role in brokerages considering that they do primarily sales?", "replies": [{"id": "crky7g6", "text": "Yes CBRE hires financial analysts too. Usually specific teams do the hiring- there is no financial analyst dept, like there is for research. I don't know what a typical starting salary is but I know it is higher than a research entry level position. Sometimes they structure pay for that position to include a commission split which is nice. ", "replies": [], "depth": 5}, {"id": "crky9vl", "text": "Oh- and yes, the role of a financial analyst is completely different from research analyst. Completely. You would be the numbers guys for the team. Research's role  is to highlight market trends and projections and provide insight relevant to multiple teams. You are deal focused for your specific team. ", "replies": [], "depth": 5}], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "crhh3j6", "text": "What kind of offer did they make you? I work there as an analyst. I can confirm that a lot of their admins are a waste of space and money. The company has a TON of resources for brokers though.", "replies": [{"id": "cri71e2", "text": "hey! if you dont mind me asking, how much do u think the entry level research analysts got paid? Atleast an estimate? And does every CBRE office hire research analysts or do some markets have only brokers and do not need analysts?", "replies": [{"id": "cri91hf", "text": "I'd guess that every CBRE market has a research analyst. the salary: 40k annual.", "replies": [{"id": "crihp35", "text": "oh wow, thats a little lower than I thought, maybe Im thinking about a \"financial analyst\" and not a research analyst? Do u know if every brokerage or atleast CBRE has financial analysts, and how much do they get paid? Thanks!", "replies": [{"id": "criktn0", "text": "From what I've seen (smaller markets), every Investment Sales team has a financial analyst. If the team is large enough, and doing enough volume, they might have two analysts. I do not know how it works for much larger markets like NY, LA, or Chicago - I'm sure there are multiple financial analysts per team. A friend of mine is a financial analyst in what i would consider a secondary market, and he makes 45k with small bonuses per deal. Given - he is on a team that has two analysts, he is is the junior of the two. \n\nResearch analyst positions are much easier to attain, and every market has 1-10 of them (depending on market size)", "replies": [{"id": "crilhcg", "text": "hey! thank you so much for taking the time to reply!,and yeah I now get it. Also, I would love to be a financial analyst for a brokerage or a development firm/reit, and in fact thats why I plan to go to grad school for my masters in RE finance. Just curious, I know that devleopment firms need analysts to do like financial modeling, work on acquisitions and play a key role in finding out whether future acquisitions/investments are worth it. But for brokerages who primarily do sales/representing tenants etc, do financial analysts play a slightly different role? Would they still do financial analysis, and also can a financial analyst jump from a brokerage to a development firm/reit or are the skills not really transferable. Thanks a lot for your help!", "replies": [], "depth": 6}], "depth": 5}], "depth": 4}], "depth": 3}, {"id": "crkwdku", "text": "Every office has at minimum one analyst (Jacksonville, LI, etc) . Some have whole teams( Miami, Tampa, NYC, Chicago, etc) ", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "crhnf9e", "text": "It has it's pros and cons like every other firm. \n\nDespite what most people who haven't worked there believe, their education and training programs are very poor to non existent. I can't speak about the wheel program as I never did that, I hit the ground running.\n\nThey won't charge you for fees like other brokerages. The only thing you will have to pay is insurance which is $100/month. They don't bill you, it just gets deducted from commissions. \n\nYou don't have to sell the brand as most people know who CBRE is. \n\nThey have the best admin support in the industry hands down, nobody comes near them. You can literally just knock doors and make calls the whole time you are there and source out all the other work to researchers and admin. Their research is the gold standard in the industry, most of the other brokerages just copy and paste CBRE's material. \n\nThey really like team structures and this can hinder you. If you are the new guy you have like 4 bosses instead of just one. One senior team member wants you to do this, but the other senior guy wants you to do that, and then over time they get upset because you might start to choose sides. There's also a lot of team competition and not necessarily in a good way, you might have two teams with senior brokers who hate each other so they will pit their junior brokers against each other.\n\nTheir markets are all split up and you can't work outside of your niche/market. If you find a lead in another market you need to refer it out. If you find a lead that is a different niche you need to refer it out. They also have a SPOC (single point of contact list) so before cold calling you have to check it to make sure you are not calling another broker's client. If you do call somebody's client you have to call the broker and let him/her know it was an accident. \n\nYou can go whale hunting. You can walk right into the biggest building you see. Most of the c level guys will be happy to see you and if it is over your head one of your senior team members are well qualified to help you on the deal. \n\nMost of the offices are not all about call call call like M&amp;M. They want their young brokers to really know the market. They're not going to sit there and go over your call records every month like some brokerages do.\n\nIt's nice getting respect from people in the industry for just being a broker there. \n\nThe 50% commission split doesn't allow you to go after small deals which can make it difficult for new brokers to get going. Some of the guys will throw you small deals, but you really need to think about it before you take it. You're thinking sweet easy money, but if that deal drags out and you spend too much time on it it could mean the end of your career there.", "replies": [], "depth": 1}]