Your Questions About Commercial Real Estate Jobs
March 10th, 2011 by Land Lover

Jenny asks…

What are some good jobs in Commercial Real Estate?

I have been working in Commercial Real Estate as a researcher for over a year now. It is an entry level position and a good way to get into the company. It is not somewhere you will want to stay forever, so what are some good jobs other than being a Broker to pursue within this field? I was considering appraisals... but I am not so sure. Any insight would be great.

Land Lover answers:

Go to the library and read 3-5 books on real estate investing and include commercial RE investing!

Lizzie asks…

Graduating college - I want to find a job with a commercial real estate firm?

Hey

I am about to graduate college this coming spring. I would like to start off in the commercial real estate world. I have no idea however where to look for jobs in this area. Anyone know websites or anything to find more information about job searching this area?

Thanks

Land Lover answers:

Try primerica.com. Or go to Job Search (http://getting-hired.com/job-search/) and type in commercial real estate and your city and see what kind of jobs pop up...

Joseph asks…

How does one get a job in commercial real estate?

I am looking to make a career change and get into my companies commerical real estate division, but I have no idea what training/education to get now to get me in that direction. Please help!

Land Lover answers:

Depends on what your division does. If they do development, then it would be very difficult to get into the group b/c jobs in development are few and in general hard to secure. If they go out and find space for your company to expand into, then I would suggest taking a job first with a real estate broker such as CB Richard Ellis, or Cushman Wakefield as a broker or tenant representative.

Steven asks…

I would like to get a job in Commercial real estate but can't decide in a company, help please?

I just recently graduated and have decided for 2 years now I would like to be in commercial real estate. With the commitment I'm willing to make for one of these companies how do I distinguish which is the right fit for me? Thanks for any help...

Land Lover answers:

You are right on track by wanting to find the right fit. Some offices are very relaxed and some are highly charged, competitive environments - and everything in between. If you get your list narrowed to 3 or 4, make appointments to have an interview in the office. Ask to be shown around to get a feel for the office. Is there art on the walls or motivational posters? Take notice if the people are warm and welcoming or act like they'd trip their grandma to get the listing. Only you know what environment you will thrive in.

There are plenty of things you can spend money on, and it is important to have a clear picture of this up front. Ask about desk fees, transaction fees, franchise fees, who pays for advertising, business cards, signs, letterhead, postage, training, E&O insurance and web site fees.

Commercial is challenging, so you are going to need to know how you will be trained or mentored. Sometimes if you do this with a principal broker, there are minimal financial ramifications. But if you have to split commissions with an experienced broker for X number of transactions, that can add up.

Once you have taken a look at the offices and what they have to offer, compare apples to apples and make a great decision. People will tell you it does not matter which office you pick because you can change offices at a moment's notice and that is true, but it will cost you $$$ and clients each time you change, so choose well in the beginning.

Good luck to you!

Maria asks…

What are the top jobs in Real Estate?

For example, commercial real estate, real estate banking, etc.

Which one is the top job in pay and employment?

Land Lover answers:

Just plain real estate but you have to build yourself up possibly from trailers to mansions. Also you have to know how to sell and have that magic touch

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