I just posted my 5th blog titled Is ActiveRain TOO popular? with some tips I recently learned about hard it is to get your blog noticed and it got FEATURED, totally destroying my premise that it's hard to get featured lol It was a great day, nonetheless, and I met a lot of wonderful folks who read what I had to say and commented. I learned more than I offered.
Now, I'm posting my 6th blog without using any of the tips I gave. Weird, huh? This is serious, though. I hope you take advantage of Commercial Real Estate Academy and use it, both to learn and earn.
If you're a residential agent, you will occasionally have a customer who wants you to sell a commercial property. That’s always tempting. It’s not always a good idea. But, there is a way to profitably take advantage of some of those opportunities.
On larger, more complicated properties I highly recommend that you find a 
(Certified Commercial Investment Member) and refer the listing. In almost all cases, you will make more money referring the listing than trying to perform a task outside your comfort zone and knowledge. Find a CCIM
However, there is no downside to learning the basics of commercial real estate, and becoming qualified to successfully market smaller properties. In addition, you may be thinking about investing in income-producing properties for your own current income and retirement. That’s one of the purposes of the new free commercial real estate course we are launching.
I can’t stress enough that there are numerous reasons that referring larger, more complex properties is a profitable and successful strategy. You can read about why I refer residential prospects to residential agents in Refer My Motivated Buyer to Another Realtor? No Way! I practice what I preach, because it works both ways.
One reason referral is a good idea is that a has gone through seven forty-hour weeks of education in every aspect of marketing commercial properties. On cannot even earn the designation unless he or she has significant experience. They have the training necessary for a successful outcome, and that will make you money.
In addition, the sources of prospects and the tools utilized by a are totally different. Most residential agents are not premium members of 
, for instance, and that is where it all happens, not on the MLS. The relationships have with real estate investors is another critical aspect. The reasons referrals are a profitable idea are numerous.
But, all that aside, there are opportunities you can take advantage of to increase your income in your local market on less-complicated properties, as well as learn how to make some great investments of you own.
If you want to learn everything there is to know about how to understand, analyze and own commercial properties, sign up for a FREE MEMBERSHIP in our Commercial Real Estate Academy.
Did I mention it’s free?
Take advantage of the free training and learn how to increase your commission income. There are no catches. Just keep in mind that it's just now being launched and the website is just functional for joining with no content at this time.
See you there!
Comments(4)