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Investment Real Estate Associates

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Decent Place to Start - Anonymous employee Investment Real Estate Associates Employee Review

2.0
18 Jan 2017
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Overall, this company is a decent place to start a commercial real estate career. Raffi is a very helpful resource and is awesome to work for.

Cons

The splits with IREA are some of the worst in the business, and they don't do much training. You will get out of it what you put into it. You will have to teach yourself almost everything. There are much much much better brokerages to be a part of, and most former employees I keep in contact with are doing much better at other places.

Explore other reviews about Investment Real Estate Associates

5.0
29 Apr 2015
Recommend
CEO approval
Business outlook

Pros

While at IREA, I received a tremendous education as it relates to deal transactions. From day 1 I had the opportunity to work with senior agents that helped me get started and worked with me on my business goals and efforts. All new agents are given this same opportunity.

Cons

It possibly could take a few months to get your first deal (which is very normal as a commercial real estate agent with any Brokerage company)

4.0
4 May 2015
Recommend
CEO approval
Business outlook

Pros

I worked at IREA for 4 years, and eventually left the industry, not because of the firm, but due to other opportunities that were more suited to my interests. I had a very successful career with IREA and learned a lot from the upper management and senior agents, helping me to advance in the industry. Despite having abundant success as well as receiving numerous awards and recognitions from inside and outside the firm, the business itself wasn't to my liking. Had I remained in the industry I would have stayed with IREA due to the amazing co-workers and team-like environment where we shared deals instead of keeping them all to oneself like in other firms. At times I had disagreements with the broker, and we would arm wrestle over practices. If I was able to prove my point, he would acquiesce. I often went “outside the box” and was able to pursue my personal business plan with guidance and support from the broker. I would recommend IREA as a great firm to start with. It is a tough industry, but the management trains new agents well and partners them with senior agents to help guide them on to success.

Cons

Commercial real estate is tough no matter what firm, and IREA is no different in that regard. Be prepared to go months without a paycheck, and work your tail off farming clients and leads. There are deals to be had by those willing to put in the effort with a positive attitude and integrity.

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