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Im trying to get information about the commercial real estate industry.

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2 Responses to “what is commercial real estate? How do people in the business get paid?Where can I find info about the career?”

  • K_Alexandra:

    Commercial Real Estate involves the brokering of the sale and leasing of commercial properties – like businesses and office buildings.

    Most commercial Realtors are paid on comission, some that do commercial property management (say, for a shopping center) make a small salary, plus comissions.

    Your best bet is to get into residential real estate before ever attempting commercial. Commercial Realtors are what most refer to as a “good old boys club” and are usually resistant to new agents. There is so much more liability involved for a Realtor dealing in commercial properties that you really need a good handle on real estate laws, etc before you begin your foray into commercial.

    Good luck!

  • Onesmaartlady:

    Commercial real estate are properties zoned for businesses- the actual land and/or buildings on them are meant to be for business ownership. People in the business of selling or renting these properties are usually licensed in their state for real estate sales, and either work for or begin their own business of buying and selling these properties, and make the commissions set for these sales based on the selling price of the property.

    This site has some information which may help you get more information.

    http://www.costar.com/

    I am sure there are many others.

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