Looks like I might be holding off on CRE
After a lot of self debate I have decided to hold off on an associate position with a boutique firm in a major city. With a rent that’s $900 a month and  with my savings I don’t believe I have enough to make the switch. I still want to pursue this eventually and am 27 years old so I have time. I’m going to continue to save until I have enough to feel comfortable jumping into this role.
[{"id": "emxs1qk", "text": "I'm glad to see normal conversational topics on this sub!", "replies": [], "depth": 1}, {"id": "emxu52j", "text": "Cool", "replies": [], "depth": 1}, {"id": "emxv1v3", "text": "I\u2019m lucky enough to be living with my parents right now but I know where your coming from. First few years are more about learning then earning.", "replies": [], "depth": 1}, {"id": "emxzr08", "text": "Have you interviewed anywhere that offers a draw?", "replies": [{"id": "emy0zeu", "text": "I didn\u2019t. Just M&amp;M and a boutique firm.", "replies": [{"id": "emy2sc9", "text": "Check out NAI or CBRE if they are in your area. The earlier you start the better", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "emyd2sj", "text": "See if you can enter the research department at CBRE or other major firms. You will get some experience while still having your toe in the water. \n\nSales is a difficult position. Good luck.", "replies": [{"id": "emyp6um", "text": "I did this same thing but with Cushman and it\u2019s worked out well!", "replies": [{"id": "enjv69v", "text": "Where are ya now? Or are you still in the same position executing your plan to get your foot in the door?", "replies": [{"id": "enkf5is", "text": "Now, I\u2019m in property management for an owner operator. I have a portfolio just under a million sf of both suburban and CBD assets. All office and retail on lobby levels.", "replies": [], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "emyek14", "text": "Don\u2019t know if ya don\u2019t try", "replies": [], "depth": 1}, {"id": "emyj0r9", "text": "I started this industry at 22 and the key is getting in a team. Find somone who is looking for someone to help get started.\n\nI think you'll be surprised by how many senior brokers want help many tasks and really do want to help\n\nIt Cushman is in your market that would be a great spot to start", "replies": [{"id": "emyjrbh", "text": "This seems like a fairly good opportunity I\u2019m passing on (not final yet). It\u2019s a small office opening in Chicago, but the main office in Boston area. The guys who started it were at M&amp;M for years and by the sounds of it they are having trouble getting people in at this Chicago office. My would be mentor seems like a knowledgeable guy and knows the market really well but I just can\u2019t afford to go 9-12 months with nothing.\n\nI feel like I might be passing up a great chance to get in on the ground level and any listings that come in I might be able to be apart of during this growth stage.", "replies": [{"id": "emykyeq", "text": "I would really think more on the big 4 (CW, JLL, CBRE and Colliers)\n\nI personally think the boutique shops are going to have a hard time keeping up with the changing that is happening in terms or depth required and additional in house services that clients are coming to expect (a set services, valuation, global research, labor etc..)\n\nPassing may be the right move but go walk into one of the offices I mentioned and tell them what you want, why you're nervous and why you would be great. \n\nThat conversation will likely reconcile your issue one way or the other.", "replies": [{"id": "emymxn9", "text": "Thanks for the heads up. I will mention that these guys focus primarily on multi-family, mixed-use, multi-tenant retail, and single tenant. thoughts?", "replies": [{"id": "emynbr3", "text": "That sounds like just about everything. Dont under value Leasing. \n\nGo have the talk with one of the firms and let that be the guide. \n\nI really think it's important to dabble in all assets until you pick one.\n\nIt took me 3 years of being a generalist to become an industrial specialist. That being said Chicago is a very large market (top 3 for industrial in NA).\n\nYour first focus will likely be dictated by the needs of the firm until you are established", "replies": [], "depth": 5}], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "emyku0u", "text": "They don't give a salary?", "replies": [{"id": "emymywl", "text": "Unfortunately not. Independent contractor status.", "replies": [], "depth": 2}], "depth": 1}, {"id": "emz6z90", "text": "Keep reaching out to firms, it\u2019s very possible to get a full salaries analyst position while you learn the ropes and then transition when you\u2019re ready.  All it takes is one cold e-mail gone right", "replies": [], "depth": 1}]