Showing posts with label real estate agent. Show all posts
Showing posts with label real estate agent. Show all posts

Wednesday, January 15, 2025

5 Reasons Why It Seem Like Commercial Real Estate Is Less Popular

In most jurisdictions in the United States, all real estate sales license are the same. This means that although there may be special designations and certificates that indicate that a real estate professional specializes in a certainty type of real estate sales, there is no difference in the type of a license that a commercial real estate salesperson obtains that distinguishes it from the licenses of a residential agent. It is for this reason that most commercial real estate brokerages have extensive training programs and some require up to a year of mentoring before an agent to attempt to pursue a listing on their own. In contrast, licenses for a real estate attorney or a real estate appraiser are distinct and require different types of training. So, if most real estate sales license holders can sell both commercial and residential real estate, why do most choose to only sale residential real estate? Some of the reasons are presented below.