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Thread: i want to be a COMMERCIAL/INVEST specialist

  1. #1
    Join Date
    May 2005
    Posts
    12

    Default i want to be a COMMERCIAL/INVEST specialist

    im 21 and am loving the real estate profession. i've only been doing this for about 3 months and have closed a couple of deals and got a very happy and welcoming pipeline. i want more out of this profession and was thinking of drifting into the commercial and investment side. what do other C and I specialist think of this idea? there is also less competition in that so thats always good. i'd love to hear what people in this profession think of the path im about to take. thank you in advance =)

  2. #2
    Join Date
    Jun 2004
    Location
    Auckland, New Zealand
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    594

    Default Re: i want to be a COMMERCIAL/INVEST specialist

    What excites you about the business so far. What excites you about commercial and investment?

    Personally I'd aim to get more general experience under your belt before "drifting" anywhere. 3 months in most jobs is just enough to knock off the rough edges.

    Good luck

    Sarah
    FTR: I'm not an agent

  3. #3
    Join Date
    Apr 2004
    Location
    Nanaimo
    Posts
    16,026

    Default Re: i want to be a COMMERCIAL/INVEST specialist

    Do you have a site yet? If not and you can close like that, then why not concentrate on the web side of things a bit, get a site ranking up there, start getting tons more leads, then tons more closings and finally start your own team.

    Once your team are able to manage and close your leads for you, you would have a steady stream of income and could dabble a lot more in the C and I

    The doors are open for your bro - best of luck!
    Starting LEC 7 soon but it won't be called LEC 7 - LEC 2012 coming soon!

  4. #4
    Join Date
    May 2005
    Posts
    12

    Default Re: i want to be a COMMERCIAL/INVEST specialist

    thanks for the advice...

    im actually building on right now. the site name is going to be "1socalrealestate.com"

    how come you're all suggesting that i should get more experience under the belt with residential rather then just pouring energy into C and I? and how much time and enough time to say i have a good amount of experience. honestly, i feel as if im confident enough to hold my own right now, but i know for sure, i still got loooooooots more to go. =)

  5. #5
    Join Date
    Jul 2005
    Location
    Atlanta, GA
    Posts
    147

    Default Re: i want to be a COMMERCIAL/INVEST specialist

    Commercial is a good business to be in, I love it. Take my advice you can make your money alot faster in residential.
    Infinity Commercial Group - Commercial Lending Services

    Infinity Website

  6. #6
    Join Date
    Jul 2005
    Location
    Melbourne, Florida
    Posts
    3

    Default Re: i want to be a COMMERCIAL/INVEST specialist

    If you have the desire to jump into commercial, do it! I became a licensed realtor in Florida 3 years ago and immediately started in commercial having little to no experience. Now, I am a Licensed Broker and pursuing the CCIM designation. Learn as much as you can. Take classes. If you can, find a mentor that has commercial experience and work for him for free. You will learn much faster. If not, just go for it but realize, it could be some time in between commission checks. Within 3 months of receiving my license I landed a $1,650,000 vacant commercial land deal. The contract was for a cash sale with seller financing. My buyer had the option to pay the seller $10,000 per month to extend closing for 1 year, which he did. I was not paid until 13 months after beginning the negotiation process, but when the closing did occur, the commission was substantial.

  7. #7

    Default Re: i want to be a COMMERCIAL/INVEST specialist

    Hey Mason,
    I am located in Tampa. I just started real estate classes and plan on taking the test sometime in September. I have a few friends that work for builders and each make good money. I have other friends that basically just buy up contracts and sell them to investors. I really am interested in the commercial side of real estate and was wondering if you knew anyone in Tampa who I could work under... I can for free for up to six months. I would like to start soon! Thank you... BMP

  8. #8
    Join Date
    Jul 2005
    Location
    Melbourne, Florida
    Posts
    3

    Default Re: i want to be a COMMERCIAL/INVEST specialist

    Unfortunately, I do not have any recommendations for commercial brokers in Tampa. I know many brokerages require 2 years experience in commercial before they will consider you. Check around with both large and small firms and see if any are flexible in working with you. If you don't get anywhere, you may have to start at a company in residential to get your foot in the door for commercial.

    Reagan Masone
    Austin Investments, LLC
    http://www.reaganmasone.com

  9. #9

    Default Re: i want to be a COMMERCIAL/INVEST specialist

    Thanks for the info. I'm ready to do anything, just want to see what's out there.

  10. #10
    Join Date
    Feb 2006
    Location
    Bulgaria
    Posts
    9

    Default Re: i want to be a COMMERCIAL/INVEST specialist

    Iread what you`ve written and I would like to ask you something.I`m also real estate agent but I only sell properties in Bulgaria. Now our company is aiming to develope in international selling and more specially I would like to bring people here in Bulgaria to buy properties.So is it possible to talk about some future business relationships between us and you.we are going to deal 50-50.Please think about my proposal and excuse me if I disturbed you.


    Quote Originally Posted by tnguyen24
    im 21 and am loving the real estate profession. i've only been doing this for about 3 months and have closed a couple of deals and got a very happy and welcoming pipeline. i want more out of this profession and was thinking of drifting into the commercial and investment side. what do other C and I specialist think of this idea? there is also less competition in that so thats always good. i'd love to hear what people in this profession think of the path im about to take. thank you in advance =)

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