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.