{ "media_type": "text", "post_content": "I’m a manager making roughly $120K, but am interested in exploring different career paths. Most recently, Commercial Real Estate has struck me as an interest. I’m comfortable with the idea of taking a step back in my career (in terms of salary and role level) as long as it isn’t a hard reset (starting again from the very bottom). Any recommendations on how to pivot effectively without encountering severe financial setbacks?", "post_id": "5f2d94da8053890020d3bc85", "reply_count": 7, "vote_count": 2, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting" }

I’m a manager making roughly $120K, but am interested in exploring different career paths. Most recently, Commercial Real Estate has struck me as an interest. I’m comfortable with the idea of taking a step back in my career (in terms of salary and role level) as long as it isn’t a hard reset (starting again from the very bottom). Any recommendations on how to pivot effectively without encountering severe financial setbacks?

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Commercial Real Estate is not the place to be right now

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I’m open to other ideas! Just trying to pivot into something (outside consulting) that would be more interesting than Healthcare consulting

Lol im in CRE sales and it's tough. But if u get in now i actually think u will be positioning urself for a powerful boom once the dust settles. We're in the pits now, but RE is boom & bust industry. Once big players figure out how to repurpose retail, begin hotel & Multifamily conversion -> affordable housing things will get rosy real quick. A couple years tops i think. Esp with money this cheap...

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Best time to start is right at the bottom. Most of the competition will be blown out of the industry. Like a real estate broker that started in 2009 rode the wave all the way up. Like buying after the 35% drop in the market.

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What firm? That's seems low for a Manager. I'm making 115k as an Associate.

I agree it’s low but i think that’s mostly because i only have 4 yoe and this is the only job I’ve held post college. So it’s all from internal raises/promos

CRE might be one of the worst possible industries to get into post-COVID. No one knows if it will ever be at the level it was before given everything that’s happened. Expect a lot less office space and a lot more WFH/remote

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