Valuation and Advisory Cushman &amp; Wakefield Position
Been going through the interview process with Cushman &amp; Wakefield in NYC for a valuation &amp; advisory position. Currently going on my third interview, however I just received a job offer from another company for a staff accountant real estate accountant position. Kind of looking for some advice on a decision. I’m fresh out of undergrad (finished in December) currently working as a junior accountant For a small business. My questions are:

1. Does anyone know what starting comp is for this position at C&amp;W

2. Which position do you guys think will ultimately help me in the long run if my goal was to find an analyst position on either the debt or equity side.

3. Regardless if you don’t know salary, what’s a typical day like in Valuation &amp; Advisory at any CRE shop.
[{"id": "hwc3asn", "text": "Go C&amp;W, harder to go up from small. Learn from the best and big companies only getting bigger. The Deal flows thru C&amp;W NYC must be insane.", "replies": [], "depth": 1}, {"id": "hwc3zfn", "text": "1. Not sure, but as a junior appraiser I'd guess $70-$90k (very market dependent so maybe more because you're in NYC)\n2. DEFINITELY the valuation role at C&amp;W. That will give you real insight into market trends, property values, development costs and lease rates, and an insight into how deals are completed. I'm guessing you're an accountant by training given your current role and if you accept a staff accounting role you are continuing on that track, regardless of whether that role is in a CRE business. Valuations on the other hand gives you a very strong platform to move into a PE or other buy side senior analyst position.\n3. A typical day for a junior appraiser would involve researching and writing content for appraisals (market trends, property information), pulling and compiling sale and lease data from software like CoStar or RCA, building financial models in Excel or on Argus Enterprise (or Developer), reviewing and extracting key terms from leases, reaching out to brokers for information on a specific sale or lease, going on property tours, and generally assisting with administrative duties like managing data transfers, compiling PDF files etc...\n\nFWIW, I used to work at Cushman in Capital Markets for 7 years and we worked with appraisers frequently.", "replies": [{"id": "hwcrflo", "text": "I work in V&amp;A for one of C&amp;W\u2019s competitors but not in NYC. This is a pretty good description of my general thoughts. The salary thing is tricky to answer though. We usually pay a base salary for about 6-9 months, then roll you to a commission split at my company in my market. Not sure if that\u2019s what C&amp;W does in NYC but they should be able to give you info in the interview on that side of things.", "replies": [], "depth": 2}, {"id": "i0fwctx", "text": "This is spot on other than the salary I think. I\u2019m not in the NE but I work as an associate appraiser for Cushman &amp; Wakefield in the SE and comp is notoriously low for entry level appraisal positions so I wouldn\u2019t expect much. But the information you learn and have access to is great in return, I have learned an immense amount since starting. Long term appraisal can also be a very lucrative career, a senior director in an NYC office that has his MAI could probably bring in 500k net I would assume.", "replies": [], "depth": 2}], "depth": 1}, {"id": "hwdh58f", "text": "Valuation Advisory is infinitely better and better comp if you want to be in the real estate industry.  If you want to be a CPA / cfo someday, then accounting can be good start (but then you should be trying for the big accounting firms probably).", "replies": [], "depth": 1}]