Becoming A Commercial Real Estate Agent - PowerPoint PPT Presentation

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Becoming A Commercial Real Estate Agent

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A commercial real estate agent has the freedom to work as an independent and must be employed or work as a member by a licensed broker or commercial real estate brokerage firm , an employer of commercial real estate agents, or as a member of a commercial real estate brokerage firm. Visit for more information. – PowerPoint PPT presentation

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Date added: 8 April 2019
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Title: Becoming A Commercial Real Estate Agent


1
  • Who is a commercial real estate agent?
  • A commercial real estate agent is a middleman
    between sellers and buyers of commercial real
    estate, who helps clients sell, lease, or
    purchase commercial real estate. A commercial
    real estate agent has the freedom to work as an
    independent and must be employed or work as a
    member by a licensed broker or commercial real
    estate brokerage firm , an employer of commercial
    real estate agents, or as a member of a
    commercial real estate brokerage firm.
  • What is commercial real estate?
  • A property is classified as commercial real
    estate when it is only used for the purpose of
    conducting business. Generally, commercial real
    estate is owned by an investor who collects rent
    from each business that operates from that
    property.
  • Educational Requirements for a Commercial Real
    Estate Agent
  • The basic requirement for becoming a commercial
    real estate agent is a high school or diploma or
    an equivalent educational qualification.
  • Income of a Commercial Real Estate Agent
  • The commercial real estate agent income is based
    on the commissions generated by sales. The
    commercial real estate brokerage commission is
    negotiable and, on average. If the property is
    being leased rather than sold, then the
    brokerage commission fee is decided on the basis
    of square footage and net rental income.
  • Advantages of hiring a commercial real estate
    Agent
  • A commercial real estate Agent can help
    prospective clients save money and time by
    carrying out the following functions
  • Target community and building network In each
    area that a commercial real estate agent intends
    to work in sale or when a prospective buyer
    emerges in the community, so they create a
    network with important members of the concerned
    community.
  • Understanding tax and zoning laws Many
    individuals refrain from investing in commercial
    real estate because of the large number of
    complex rules and regulations governing the
    taxation and purchase of commercial property. A
    commercial real estate agent must have an
    excellent understanding of tax and zoning laws to
    complete the

2
  • aforementioned formalities on their clients
    behalf and, thus, remove a barrier to investment
    in commercial real estate.
  • Evaluating business plans A commercial real
    estate agent evaluates
  • their clients business plans to determine their
    feasibility. They often use statistical analysis
    (such as break-even analysis) to determine the
    basic margin of safety on a clients investment.
  • Negotiating with clients A commercial real
    estate agent must have an excellent
    communication and persuasion skills to
    successfully navigate the negotiations with
    clients.
  • Conducting research Often, the success of a
    clients business depends on local conditions. A
    commercial real estate agent has to provide
    prospective buyers of commercial real estate with
    research regarding local demographics,
    businesses, environmental quality, property
    maintenance costs, and the desirability of the
    location of the property.
  • Analyzing lease payments A commercial real
    estate agent researches and analyzes trends in
    lease payments for commercial real estate in the
    area in which she/he operates.
  • Commercial real estate agents Baton Rouge who
    love and like what they do and are good at it
    will always find best deals, and will always reap
    the fruit of their labor with large amounts of
    money.
  • Article Source http//www.apsense.com/article/who
    -is-a-commercial-real- estate-agent.html
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