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There’s No Better Time for Residential Agents to Break Into CRE
Working as a residential real estate agent is a rewarding and fruitful career, but what happens when you want to keep growing? Fact is, no matter how dedicated you are, residential deals can only bring so much money per transaction. Geographic areas and the housing market can really limit you, but one commercial deal will open you to a much larger market.
Great news for those looking to expand and grow: your residential experience is uniquely valuable in the changing market of commercial real estate.
Why Make the Move?While this may surprise you, there is no special license for selling commercial real estate. If you’re legally able to sell residential real estate, the only thing standing in the way of your first commercial deal is you.
Dipping into commercial real estate doesn’t mean you have to abandon your roots. You can easily integrate a few commercial deals into your residential workload if that’s the path you want to take. And if you do, expect to see a much larger commission. Commercial transactions have a much higher total value and often give a much greater commission to the agent.
Ready to take on some commercial opportunities?
How Can Residential Experience Help?The sale of multifamily properties is one ... more

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