The Commercial Real Estate Industry touches virtually every aspect of business in the United States and most of the free world. Still others work in specialized areas such as resort management or assist government agencies with the redevelopment of industrial sites or reclamation of land. Very few companies can grow without acquiring more land or additional office space, patients can’t use the services of a hospital unless it’s constructed and consumers can’t shop at a Wal mart without the development of Real Property. Whether someone is starting their first small business, developing a parcel of land, or considering an investment in real estate rather than an investment in a mutual fund or money market, the understanding of commercial real estate is fundamental to their decisions.
Commercial Real Estate Brokers encompasses all aspects of sales, leasing, management, investment in or improvement of retail property, investment property, farmland, businesses, industries, medical facilities and dozens of other types of property. Their careers include many specializations. Some commercial associates specialize in particular types of property, such as office property, develop-able farmland or even amusement parks. Our job in the industry is to assist in the lease, management or sales of property, and to advise our clients of their best courses of action when deciding how to invest in or improve real property or a commercial asset. Commercial Real Estate is an exciting and rewarding field of study and can lead to dozens of different career opportunities.
You will work directly with industry leaders, community leaders, government officials, lawyers, zoning officers, accountants, mortgage companies, banks, title companies, appraisers, utility companies and everyone in between to put together sales or develop property to its full potential for a client. Other commercial associates specialize in particular forms of consulting work for Real Estate Investment Trusts insurance companies or utility companies. While you can’t make decisions for our clients, you can assist them in making better informed decisions, and you can help our clients to understand what the highest and best use may be for a particular property, or what type of investment vehicle might be best for your client.
You will work with property owners who may want to sell a property, lease a property, have a property managed or determine what use might be better for the property than the current use. Commercial real estate agents and brokers work with individuals, investors, organizations and corporations to develop property to its highest potential. You will work with users of properties to find the best location for their business or investment, to determine if it’s better for the user to lease a property or purchase and to understand the tax implications of their decisions. Additionally, You will work with investors to determine which real estate venture might be their best investment to meet their particular goals and needs.