Recently I heard people using the word "Resimercial" quite often in a varied ways. Sometimes as a derogatory term and other times more common sense practical real estate practice.
I don't think there is anything derogatory in it. In fact, often the commercial deals some of the residential real estate agents do are more investment related buying and selling.
Now, on the other hand, commercial brokers (and vendors offering services to commercial brokers) are often try to downgrade resimercial. They feel that they are the only one qualified. But, when it comes to helping out their own friends in residential real estate, they will do so without thinking twice.
In my opinion, real estate is real estate.
Is there a lot of knowledge one must have in either residential or commercial real estate? Yes.
Is there way to specialize? Yes.
However, real estate is a relation business and when clients have their trust in a specific agent, that agent will hopefully repay that trust by either quality work or by referring the client to a specialist.
So all you Resimercials out there, good for you!
Happy 4th of July!
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