Question: How Do You Get Into Commercial Real Estate?

  • Step 1: Earn a Sales License. In order to become a licensed commercial real estate broker, most states require prior real estate sales experience.
  • Step 2: Gain Real Estate Experience.
  • Step 3: Earn a Broker License.
  • Step 4: Become a Commercial Broker.
  • 10 Popular Schools.
  • 10 Popular Schools.

How do you get your commercial real estate license?

How to Become a Commercial Real Estate Broker in 11 Steps

  1. Understand State-specific Commercial Licensing Requirements.
  2. Take Required Commercial Real Estate Courses.
  3. Pass the Agent Exam & Apply for a License.
  4. Choose a Commercial Real Estate Market.
  5. Gain Experience as a Real Estate Agent.
  6. Build a Brand & Network.
  7. Complete Qualifying Commercial Broker’s License Courses.

How much does a commercial real estate agent make?

Salary. The BLS reports an average yearly income just over $44,000 for all real estate agents and $56,790 for higher-trained real estate brokers, but its statistics are generally skewed toward residential real estate sales. Most sources indicate that commercial real estate agents earn somewhere around $85,000 annually.

Is commercial real estate a good career?

After all, you can have hundreds of commercial real estate agents working under you. One of the most lucrative career opportunities is being a property manager. If you have great interpersonal skills and the talent for helping agents and brokers, one of the rewarding careers in real estate is being a coach.

How do commercial real estate agents get paid?

The amount a commercial real estate Agent receives on a commission is calculated as a percentage of the total commercial property sale price or lease value. While it’s illegal due to anti-trust laws to set a market- or industry-wide standard for commission percentages, most Agents earn anywhere from 4% to 8%.