Starting a Career in Commercial Real Estate

 

If you have your real estate license and have been in the residential market for some time, it may be a great time to look at further career options. A great way to change things up a little and have more real estate opportunities is to consider commercial real estate. Here are some tips on how to get involved in commercial real estate.

Interview Current Commercial Real Estate Agents

Before you begin down the path of becoming a commercial real estate agent, it’s a good idea to interview someone who is already in the field. Write down a list of questions you have so that you’re prepared for each interview. Once you’re finished interviewing, ask them for a list of a few more individuals that you can call for advice. If you’re satisfied with the answers, you can continue down the path of commercial real estate.

Partner With a Real Estate Lawyer

Because of the complexity of financial transactions, it’s a good idea to partner with a commercial reale state Ponte Vedra lawyer. By finding a law firm that you trust, you can feel confident when it comes time to close on your commercial real estate transactions.

Join a Residential and Commercial Brokerage Firm

If you currently work with a firm that only handles residential sales, it’s a good idea to look at firms that offer both residential and commercial transactions. One way to do this is to ask around. Ask family members, friends, co-workers and your circle of influence who they’ve used for commercial purchases. Many firms are either mostly residential or mostly commercial sales so you may have to choose which is most important to you. If you’re ready for a change in your career though, consider switching firms to gain more knowledge and experience.

If you’re interested in a career in commercial real estate, interview people who are in the field, partner with a real estate lawyer and join a brokerage firm that handles residential and commercial transactions.