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Updated over 6 years ago on . Most recent reply

User Stats

77
Posts
42
Votes
Mindi Rosser
  • Rental Property Investor
  • Oahu, HI
42
Votes |
77
Posts

Getting into commercial real estate as a newbie? Pros and cons?

Mindi Rosser
  • Rental Property Investor
  • Oahu, HI
Posted

Just got my real estate license in late July. Hung my license with Keller Williams in Northwest Indiana. Had a session with my Productivity Coach to set my CGI (Career Growth Initiative) goals (i.e. how much I need to gross to achieve my net income goals.) 

That meeting was an eye-opener... I'd need to sell a LOT of single family homes to achieve that number, AND I have another full-time job running a marketing business.

Got me thinking about other options within the real estate business. I've been more interested in commercial real estate than working with the typical residential sellers/buyers. 

Questions: How does a new agent get into the commercial side of the business? Is it necessary to spend time in residential first? What would be next steps for an agent wanting to make the switch? What are the pros and cons? Is being successful in commercial real estate require being immersed in it full-time?

Any insights would be welcome!

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