Advice when searching for (entry level) CRE jobs?
As the title says I’m searching for an entry level CRE position. I have 2 years of Resi RE experience and 4+ of other sales, Economics, and consulting work under my belt. My main question is what is the best way to break into this field? Additionally, how common or uncommon are draws (or drafts) in this field for an entry level investor/analyst. Thanks for all of the help and advice! I have some friends in the CRE side, but my specific knowledge of terminology isn’t he field has room to grow. Thank you!
[{"id": "fez8aug", "text": "Analyst positions are usually salaried rather than commission. Investor... Well that's not really a job. More of a personal pursuit, so that's not something that's paid by commission/draws on commission. Many people on this subReddit suggest starting in an analyst role, but it sounds like you've already worked in real estate sales and economics. Are you interested in going into brokerage or do you really just like crunching numbers?", "replies": [], "depth": 1}, {"id": "ff256fi", "text": "I work in retail investment sales as an analyst right now and earn 32k salary + commission on any deals I bring to the VP's that close (commission on those will be nothing since it has to be split so many ways) but this position - or at least with the people and lack of development this company has - there is no learning to be had here until a deal comes through. I wish I was actually doing real analyst things like research and deal reports and diving into the details but unfortunately I'm stuck with this for now.", "replies": [], "depth": 1}, {"id": "ff25tlf", "text": "I\u2019m working in investment sales in a large city. Draws from when I interviewed were very uncommon. Came out of school and started in a all commission position on a team.\n\nAt bigger companies (say CBRE) you can start out in research with a salary for a year or two then transition. Others like Marcus and Millichap and other boutiques you can be an analyst but most likely a broker making tons of calls, no salary. \n\nLmk if you have any questions.", "replies": [], "depth": 1}, {"id": "ff2zxfr", "text": "Dependent on the market, draws are starting to be less and less common, but they are still out there. However, draws are for brokers, not analysts. All depends what you are looking to do", "replies": [], "depth": 1}, {"id": "ff3v4wj", "text": "Look at jobs in the research departments of the big brokerages.  That was my foot in the door.", "replies": [], "depth": 1}]