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I’ve read a lot of BS online about it. I’ve known several people that are rich doing it. However, I’m really confused about how this business works. Right now, it seems to me like you have to already have a lot of money or real estate to make it in commercial real estate. Those prime locations and huge building are really expensive. I don’t have a lot of startup money and I don’t want to risk much of what I do have. Is it possible to startup small in this business? If so, how? TIA for any help!
I’ve been a commercial real estate agent for about 4 yrs now, and I still don’t have a steady flow of clientèle. Anyone that’s done brokerage knows that its tough, any specific suggestions would be helpful i.e. cold calling, listings,etc. Not really looking for a pep talk I can stay motivated.
Thanks!
I have a completely different background, but thinking about getting into the real estate business. I might have a chance to start by helping a top commercial real estate broker in the city, but I want to know what to expect. I can’t even find books about it in the bookstore. What is the best way to start and make at least some money to survive till you hit big? I can’t afford to wait several months to get the first deal. I understand you have to be naturally good with people, but is there any way you can learn to improve your skills to get things done? How different is it from the residential real estate? I have so many questions because I don’t know anything about it, so where do I find more information? How do I know if I should get into this business? I guess starting to learn from someone with great knowledge and experience will be a plus for me, but I want to know I will be good too.
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At first i was thinking of becoming a residential real estate agent but then, someone told me about commercial real estate and i was wondering would that be a better career choice and does it work the same as residential. If so, that would be major commision on a $40 million building and that would be a better route i would love to take.