You are currently browsing comments. If you would like to return to the full story, you can read the full entry here: “Who Is the Future of Commercial Real Estate?”.
You are currently browsing comments. If you would like to return to the full story, you can read the full entry here: “Who Is the Future of Commercial Real Estate?”.
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One word,
CREW,CREW,CREW!!!
Sorry, Duke, but could you clarify the point you’re trying to make?
Seriously, though, I agree that CREW can play a central role in this, as can the commercial members of WCR.
Me
The real estate industry is one of the most “perfectly” competitive professional industries in existence due to its ease of entry and lack of artificial barriers to success. A real estate license is a general license to practice real estate brokerage. This means that if a person really wants to practice commercial real estate (or any other market segment), he/she can.
Only two things prevent an agent, young or old, from practicing commercial real estate: KNOWLEDGE and EFFORT. Many people still expect the brokerage shop or their employers to train them on the intricacies of the business. However, history proves that many commercial real estate veterans started WITHOUT any formalized training from their associated firms and they did so at a time of very limited training resources being available.
Yet, they made it rain. They took the initiative to learn what they needed to know in order to perform effectively and applied themselves to the real estate brokerage process. And that’s the bottomline. New and veteran agents must take responsibility for their own learning and professional development.
There are so many training resources available today than there ever has been. Agents must not wait for opportunities to come to them, they must go after it on their own accord and vigilence.
I am a small business owner (29 years of age) and am currently working on my Real Estate License. I feel the reasons I would love to work in the commercial sector would be centralized around working with people and coming up with innovative ways to gain clients. I do favor the potential pay structure, but like anything you’ll have to break in the industry first.
CREW is a great way to bring in new agents and brokers to the industry but lets not forget that diversity does not come only in genders or ages. Race and backgrounds from various disciplines can be places where professionals come together to collaborate to connect to potential clients.