Commercial vs Residential Real Estate Career
Commercial vs Residential Real Estate Career
I am becoming a licensed real estate salesperson on the 18th and am looking at possible brokerages to sponsor me.
I am 28 years old and I have a degree in Business Management so I think the Commercial business is more in line with what I fit. I know that it is a patient and long career of feast or famine. I know that I will be banging the phones and building my book of business for the first few years. My question is what really is the difference besides the length and clientele of both businesses'?
What are the pros and cons of both?
Does anyone recommend Residential vs Commercial and why?
This is a CRE forum so you probably won't get the responses you want.
But, commercial is a different animal. It is much more cut throats and requires a different skill set. I do know many residential brokers who make a killing. There's one guy I graduated with from my town who is Keller Williams top sales guy in my state and he's selling 1M+ homes like hot cakes (that's pretty big in residential world lol)
I would definitely go the CRE route with that said. If you ever want to exit to a more Acquisitions/ Development role, you would have it much easier with commercial experience.
Do you like B2B Sales or C2C sales?
B = Business C= Consumer
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