Author Box
Articles Categories
All Categories
Articles Resources

Do You Want To Be A Commercial Real Estate Agent?

April 10, 2012 | Comments: 0 | Views: 127

Becoming a commercial real estate agent is a challenging job. The term Commercial real estate involves selling properties that are used exclusively for commercial purposes. Hospitals, restaurants, chain of restaurants or chain of supermarkets are included under this category. If you like buying and selling properties with a profit, you can take this as a serious career option. You need to take specific courses for this. You need to become a licensed real estate agent in order to gain more profit and reputation. Commercial transactions are a little risky and hence require sufficient knowledge on the latest market trends. You can take up real estate classes. When you attend these classes, you will be more confident to write the state and the federal licensing exams. There are so many private institutions that offer such courses. You can join these courses, as they follow the syllabus which is used for these licensing exams.

If you are planning to become residential agent, then you need to pass the specific exam for that. On the other hand, if you are planning to become a commercial realtor, the exams are entirely different. If you have any history of bankruptcy, then it will actually restrict your ability to become a realtor, as you will not be considered as a reliable realtor.

Initially, as an agent, you need to undergo an internship program under the guidance of a well qualified real estate broker. This will give you sufficient experience as well as confidence to take up new projects in the future. This will be carried out for two years. During this period, you will be well monitored and the rate of performance will also be noted. When the preliminary course is over, you can sign up for certain tests like real estate salesperson examination. This exam comprises of two main segments. One part will be testing your knowledge on the legislative rules of your state. The second part will be about the federal laws. You can retake this test for many times within a period of five years. However, there is a certain fee amount for each of these tests.

There are so many real estate agencies and you can become a member in these entities. For example, you can choose the certified commercial investment group and get membership or you can try the National Association of Realtor. Though you complete the main courses needed for becoming a real estate agent, you need to always keep yourself abreast with the latest trends in the market and with the current news pertaining to this industry. The more you participate in conferences and the more you maintain friendship with other realtors, the better will be your prospects in this field. State licensing agencies will ask you to complete two years of course. The syllabus for these courses will cover the general information on real estate. But you can also select courses that exclusively deal with lessons on commercial properties.

The SBA 504 loans are the best commercial real estate loans for entrepreneurial small business owners looking for commercial property financing.

Source: EzineArticles
Was this Helpful ?

Rate this Article

Article Tags:

Sba 504 Loan


Commercial Real Estate Loans


Commercial Real Estate Financing


Sba 504 Refinance

The documents are inevitable to assess your age, income, employment and residence. For the loan to be petitioned from the bank, you need the right procedure of application.The documents are

By: Simon Liva l Real Estate > Buying l November 20, 2012 lViews: 258

The main reason why people tend to be apprehensive about moving homes is that it entails packing everything in the home, transporting it and then unpacking it in the new home. The entire process of

By: Ringo Star l Real Estate > Moving Relocating l October 27, 2012 lViews: 211

There are a number of benefits to owning a second home. Buying to let is a long term investment. The property will usually accumulate value over time and also can generate rent on a shorter term

By: Alan Trotter l Real Estate > Investing in Real Estate l October 19, 2012 lViews: 241

Building a home, especially your first one, can be an incredibly daunting task - there are a number of factors, including budget and planning, that must be taken into account before any sort of

By: John K. Taylor l Real Estate > Building a Home l July 10, 2012 lViews: 333

When you're ready to sell your house, the first thing you'll probably do is find a real estate agent to help you through the process. It can be so inviting to seek out the discount Realtors who offer

By: W Josh Anderson l Real Estate > Selling l July 10, 2012 lViews: 263

You see the signs everywhere, especially in a strong economy: For Sale By Owner. For some reason, many people believe they'll do a better job of selling their homes without the assistance of a real

By: W Josh Anderson l Real Estate > Selling l July 10, 2012 lViews: 241

This property market is changing quickly and in many different ways. Keep on top of the current issues with good market intelligence and information. In this way you can tap into the opportunities

By: John Highmanl Real Estate > Commercial Propertyl June 06, 2012 lViews: 160

When you need to list a commercial property for sale or for lease, it pays to have some checklists to move through the process and capture all of the information. Here are some tips for agents in the

By: John Highmanl Real Estate > Commercial Propertyl June 05, 2012 lViews: 155

Are you aware that there are practically hundreds of thousands, if not millions of properties throughout the Western world that have been foreclosed on in the last year alone? Many of these

By: Steve Hilll Real Estate > Commercial Propertyl June 03, 2012 lViews: 215

Before you think about investing in any commercial property, carefully survey the market and pick the right kind of property for your needs. If you choose real estate randomly, you could lose some

By: Steve Hilll Real Estate > Commercial Propertyl June 03, 2012 lViews: 196

The Philippines is full of potential employees and great business opportunities. You need to find a good location for your business if you want to make the most of these merits. This article will

By: Debra Crowl Real Estate > Commercial Propertyl May 31, 2012 lViews: 208

When it comes to a slower property market, you need some solid goals and targets to take you forward and focus your efforts. Here are some strategies used by commercial real estate teams today.

By: John Highmanl Real Estate > Commercial Propertyl May 30, 2012 lViews: 163

Discuss this Article

comments powered by Disqus