Leasing Agent Salary
Long time lurker, first time poster.  
  
I'm looking at entry-level CRE retail leasing positions in Texas (Dallas, Houston, Austin, San Antonio, etc.) and there doesn't seem to be a consensus of the data I've found online for how compensation is structured (salary, base+commission, hourly, etc.).  
  
Is there a number range I can expect for these positions that aren't commission only? Thanks.
[{"id": "d4o8k75", "text": "I've never actually worked in leasing, but my undertanding is that most of these shops pay a draw (a minimum salary) and the bulk of comp comes from commissions, i.e. a certain % of the gross value of the lease over its lifetime.\n\nI would expect comp to be pretty barebones when you're just getting started as the more senior guys are gonna be closing most (if not all) of the deals. It will probably take a few years before you start earning serious commission", "replies": [{"id": "d4ocitf", "text": "Thanks!", "replies": [], "depth": 2}], "depth": 1}, {"id": "d4obp99", "text": "I work for a major commercial real estate firm in Florida doing mostly retail tenant representation and some landlord leasing. \n\nVery few have any salary. Most, if not all, will be draw + commission and a 50/50 split with the company on all revenue you generate. You don't see your half of the revenue until you re-pay your draw. \n\n", "replies": [{"id": "d4ociwa", "text": "Thanks!", "replies": [], "depth": 2}], "depth": 1}, {"id": "d4onnh1", "text": "In Canada for the first two years you generally make between 30-40k with commission, then it goes to 100% commission.", "replies": [], "depth": 1}, {"id": "d4oo2lg", "text": "If you join a successful leasing team, many would be willing to pay 30-40k base for the first year, *maybe* the first two years. After that they will ensure you are providing some good deal flow and transition you off to 100% commission.", "replies": [], "depth": 1}, {"id": "d4ovjgk", "text": "From my experience most other firms offer either a draw of $30,000 or are straight commission... split varies. I know of a smaller full service commercial firm in Dallas that pays associates $30,000 salary with 20% split on business the agent procures and 20% split on house deals. ", "replies": [], "depth": 1}]