Marcus and Millichap New Broker Training
I've been in CRE for just over 7 years now and am at the point in my career where I am re-evaluating some of my business practices, habits and general way of doing things.

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Something that crossed my mind was a few years back Marcus and Millichap, on their website, had some spiel about how they had the best training course and brokers that got on board and followed their training were guaranteed to make $200k after like 3 years or something silly like that.

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Does anyone on here work, or have previously worked for M&amp;M that could provide some insight as to what the training was like, if it actually accomplished what it said it would, etc.?

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Thanks in Advance!
[{"id": "g08lt2k", "text": "M&amp;M Broker here:\n\nMarcus &amp; Millichap has two known reputations, Puppy Mill and Monster Mill... Every house I know of at Marcus has a bunch of puppies who are being taught basics such as business development, cold calling, and understanding the fundamentals of Commercial Real Estate Brokerage. All in all we push for calls and understanding how to sell yourself, the team, and the platform. All the while there are these monster 7 figure brokers in the house that help guide and mentor. I started brokerage at a small boutique shop, then went to Avison Young, then M&amp;M and I would honestly suggest to anyone who wants to learn how to create a solid foundation in this business is to start here. If you like how a specific office culture works than stay but the company is known for producing good quality agents in markets that start there and end up with CBRE, Cush/Wake, and all the other top dogs.", "replies": [], "depth": 1}, {"id": "g08oka8", "text": "I worked at MM for 6 months. Month 4 was the start of me questioning my career path with MM. by month 6 I hated brokerage altogether. I\u2019m personally more interested in asset management and operations side of CRE. I signed on as a SIP (sales intern program) and got paid $7.25/hr to learn and analyze and get a grip on the industry. They don\u2019t even follow their own new hire training programs/manuals. All they care about are numbers, so I got thrown into the new brokerage associate training halfway through its training cycle, and was chained to a desk to make cold calls to institutional guys (the kind of guys that have in-house analyst, and they know the other institutional companies, REITS, and developers). Why do they need a broker? I\u2019m in over my head, and the only support I got from my senior is \u201cmake phone calls\u201d. It\u2019s a shitshow and you\u2019re treated like a cog. Although the bare bones basics they teach are noteworthy. \n\nM&amp;M is purely transactional. As others have said, they burn through young people with a smug superiority. The Sr. Broker I was with, a woman, bragged about never stopping work and even taking calls up until she walked down the aisle at her wedding. That was a red flag to me. I like to work hard, but work is not supposed to literally consume every minute of your life.", "replies": [{"id": "g09rc3k", "text": "This. Thanks for this. I was working for a number of years in Asset Management and now, while getting my RE license I was looking at M&amp;M. Went for an interview one day.. but I don't see myself taking work calls on the day of my wedding or in my run to the bathroom. That's just kind of insane....", "replies": [], "depth": 2}], "depth": 1}, {"id": "g09ikhx", "text": "FWIW. All of good multifamily brokers I know have spent some time at M&amp;M or are at M&amp;M.\n\nThey might be a burn and churn broker mill. But the training there does produce good brokers.", "replies": [], "depth": 1}, {"id": "g0a7df6", "text": "Over the years I've worked with M&amp;M brokers and young brokers from other shops of every size. As odd as it sounds everything in this thread about m&amp;m is true. It is burn and churn. In some areas M&amp;M doesn't have a fantastic rep among other brokers, either. But you learn in trial by fire, or you don't get paid.\n\nThe M&amp;M style does teach foundations, but it's not for everyone and it's not the only way to learn. None of them are easy, but not all of them have a counter on the desk.", "replies": [], "depth": 1}, {"id": "g0ltar9", "text": "Other then joining Marcus and Millichap is their any companies you recommend to start out with ?", "replies": [], "depth": 1}, {"id": "gcnxwea", "text": "MM Broker Here:\n\nBeen at Marcus for almost a decade and can confirm the training here is top notch. A lot of the comments in this thread are accurate, but there are a couple things that can make or break you here. \n\n1) Who you manager is/What office you join. Some teachers are better than others and this will impact your success.\n\n2) Who your mentor is. See #1\n\n3) What product type you choose. If you're going into Multifamily there is a lot more competition than other product types (Self Storage, Senior Housing, Golf Course, etc.)\n\n4) How motivated are you? The earning potential here is UNLIMITED, but how hard are you willing to work to attain it? If you think this is a job where you just walk in and start making money... it's not. You have to work your ass off to make a name for yourself in this business, build relationships, and successfully close properties. The training here (if you follow it, which a lot of guys/girls don't) will help you compress timelines to make money sooner. \n\nI was on my honeymoon in Thailand sending emails. I was on the top of a mountain with my snowboard strapped on closing a deal (made $60k). Some posters said that they don't want that life... that sounds like laziness to me. I like that I can literally make money anywhere in the world and all the work I'm putting in is for ME... not some company. \n\nIt's true that a lot of folks don't make it here! Of the hundreds I've seen pass through the doors, the ones that actually commit to the training and the process are successful....plain and simple.", "replies": [{"id": "hsj78u8", "text": "I know this is an old post, but how would you recommend getting hired? I'm not that young and have CRE training, however I want to do larger multifamily deals and would like the training that they provide at MM.", "replies": [], "depth": 2}], "depth": 1}]