Marcus and Millichap Commercial Real Estate Analyst Position
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[{"id": "et9ow5n", "text": "Is it commission or is there a salary?", "replies": [], "depth": 1}, {"id": "et9q31l", "text": "Does the position require you to have a real estate license? If so, you\u2019ll probably be making cold calls. \n\nIf not, it will probably be mostly analyst work, and maybe you\u2019ll have to make calls to get up to date rent comps depending on what product type the team does. Getting rent comps as an analyst is just calling the apartments or seniors housing or self storage facilities and pretending you want to lease a space and find out about their pricing for the various spaces.", "replies": [], "depth": 1}, {"id": "et9q45g", "text": "It depends. I worked for them in New York and was a sales agent. I cold called all day every day. However, the larger and more successful teams needed analysts to run the numbers, look at the markets, help price the deals, and eventually, help calculate the commissions. A couple of the guys were ex-agents that needed stable income and eventually went back to the broker lifestyle after weathering a storm. Personally, I went the opposite way, starting as an agent, taking analyst classes in my free time, becoming an analyst with another company, and now working for a developer as a broker and doing my own analysis.  \n\n\nTLDR: If the broker has high deal flow and needs someone to run their numbers, you'll probably do that. If they start running low on product to sell, you might be asked to pick up the phone. Kind of difficult to tell w/ not a ton of info.", "replies": [], "depth": 1}, {"id": "et9t9gq", "text": "you have to start somewhere.  BUT when you go into the bigger companies its all grunt work.  You should be looking for some smaller local real estate companies where you could actually get a mentor and learn the business.  Otherwise its a much tougher job to learn.", "replies": [], "depth": 1}, {"id": "et9uad9", "text": "I work there. Sounds like a team is hiring for an analyst. Feel free to PM me", "replies": [], "depth": 1}, {"id": "et9zdwm", "text": "I worked in multi family there, didn\u2019t love it", "replies": [], "depth": 1}, {"id": "eta20hg", "text": "I am currently in my second year as a junior broker in Indianapolis. A financial analyst on our team looks at and underwrites deals but if you're a broker you're essentially just starting you're own company, cold calling and building a database of clientele. \n\nIt's a straight commission job and it's hard but I find the big picture of just getting introduced to real estate at such a young age to be worth it. Other large RE companies will bring you on as an analyst and build you up to agent but here you're just getting right into it.", "replies": [], "depth": 1}, {"id": "etd9rr0", "text": "I didn\u2019t know Marcus did analysis... I thought they just threw some grass in there air to check the wind and threw a cap rate on it", "replies": [], "depth": 1}]