Hi Everyone!!!
I have been in real estate for just over 4 years. Im also a recent college graduate, and currently working for an investment firm that specializes in the condominium market. Ive been doing residential and brokerage mostly, but I have always been intrested in swtiching over to commercial. What are the cons and pros? Is there more money involved in commercial? I know that you need to have reserves for 6-12 months before you get to close something, but arent most companies offering a salary + commissions? I love the real estate field, but Im just thinking of ways to make more money, just like everyone else.

Thanks

Some companies offer salary like 50,000 plus they take a huge chunk of the commission,so while it sounds good 100k a year in commercial it's peanuts.Some deals take years to close been working on one for 2 years where I will pocket 500k.There are many avenues in commercial you can focus on business brokerage,land deals,land assemblages for revitalization projects,being a lease property manager,site location for businesses Home Depot,Lowe's,Walgreens,Checkers,etc.,or selling the buildings.Then you can get into subsets like office properties,shooping center,industrial,& warehouse properties to name a few.


I particularly like it because I have always been an entreprenuer who has owned multiple businesses.

....you can't work in both at the same time?