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Updated almost 9 years ago on . Most recent reply
Getting a Commercial Agent Start
Greetings all!
Backstory: A close friend of mine runs his own commercial real estate/development business in the Boston area. For years, he has told me to get my license because it would be easy for him to throw things my way since he doesn't usually use a broker.
He tends to acquire 1-2 locations a year and uses his existing contacts to locate a tenant (mostly national).
I went with him recently to a business meeting regarding a gas station he was looking to buy. Some local guys were going to be the tenant but a national company wanted to brand the location. Again, he didnt use a broker to locate the property or source the tenants.
Present Day: I passed my exam last September but never did anything with it. I mostly took the exam for the challenge and thought it might be of use someday.
Question: With no experience, how do I even start down the road of getting into commercials? He mentioned I should find a local commercial broker and see if they'll mentor and bring me along part time.
Sorry for the long post but hoping some color about the situation would help with any advice you may have.
Thanks,
EJ