How to become a commercial real estate agent in 2020

Key quotes:

• "What Is Commercial Real Estate Missing? How to become a commercial real estate agent."
• "How much does a commercial real estate broker make? How much does a commercial real estate broker make? How much does a commercial real estate broker make? How to run a commercial real estate company."
• "Obviously, these are phrases that are used when someone is Googling and wants to do some research about what it takes to get into commercial real estate."
• "10 Reasons You Will NEVER Become A Commercial Real Estate Broker."
• "One of the first impressions someone gets about the business of commercial real estate is my seminal (look it up) rant about why they don’t have what it takes to make it in our business."
• "If you took the time to look there were also other articles about the business of commercial real estate."

Key quotes:

• "We are in the early innings of what I call the “institutionalization of home buying and selling.” Unlike the last wave of real estate innovation pioneered by the likes of Zillow and Trulia (in full transparency, I was a founding team member of Trulia), this wave of transformation is not being powered by companies that have real estate agents as paying customers."
• "In a failed attempt to appease its real estate agent customers and keep them relevant to the home buying and selling experience, NAR restricted Homestore from displaying critical information on Realtor.com, including past and recently sold homes used to determine home prices."
• "Trulia launched in October 2005 as the first independent home search engine, basically “Google for Real Estate.” We went directly to brokers and agents to get their listings on Trulia.com to avoid the information restrictions NAR placed on Realtor.com."

Transcript: Hello welcome back to the shadow er been on a break lately because I was kind of sick last week but I'm here to shadow a friend of mine underdressed too much good to see Matt yeah how you doing right here that's a sweet setup you got there man yeah so you just have meetings with people a lot yeah this is this is you know where we have meetings we have little pep rallies per se with the agents you know we try to do is when he deals with in the company with one another so we you know we talk a lot here or if I bring a client in that has a need like hey I needed to find a second restaurant location or I need to to buy an office condo for my growing business you know we just sit down we look at the computer you know it's kind of like just hop on Google Earth and see what's see what's out there yeah that's nice so how did you end up getting into this job you know what when I was like 16 years old my dad gave me a book Rich... See more →

Key quotes:

• "While your personal brand as an agent is of the utmost importance, at the end of the day, agents know that working for the right brokerage can be a make-or-break for their career."
• "At Metro 1 (https://www.metro1.com/), we seek to elevate our brand within the industry by investing in strategic marketing initiatives, so that our agents always have a leg up on the competition."
• "You can usually define a company’s culture by analyzing: its core values; how agents engage with leadership; whether fellow sales professionals and executives are personable and eager to teach, and learn; how active and involved the brokerage is in the community; and most importantly, what clients say about working with the brokerage."
• "Our team at Metro 1 is more like a family, and we spend time together inside and outside of the office."
• "Sometimes the difference between closing a deal and letting one go is how well your team of agents is able to work together."

Key quotes:

• "Like a well-oiled machine, our office hums with activity as my coworkers dial prospects and plan appointments."
• "Deep in the hollowed trenches of reports, emails and meetings, I have carved out a humble space here where I can successfully live and breathe commercial real estate."
• "Although 2019 is nudging into its mid-life crisis and a slowdown remains uncertain, overall analysis seems bright for the future of commercial real estate investments."
• "Whether you are concerned about a recession or want to navigate your investments with ease; you will need these 10 steps to proactively manage your portfolio: Smart money is educated, understands the landscape, has a plan and follows through."

Key quotes:

• "However, real estate software solutions and technology integration into practices are already making their way into the sphere."
• "It comprises the real property objects, their characteristics, owners, companies, renters, agents, so real estate data analytics is inevitable for successful business development and revenue generation."
• "Being a real estate business you cannot do anymore without custom real estate software solutions and CRM tools for a better staff, resources and customer management as well as better document administration and access anytime from anywhere."
• "One should either spend tons of time on it or use modern real estate predictive analytics tools to detect problems, prospects, and solutions."
• "AI and machine learning have in fact brought the technology of the sphere to the next level, being extremely good at data analysis through the real estate analytics tools, intuitive, easy to use, and reliable."
• "Cloud property management software solutions are becoming increasingly popular among evolving digital real estate trends."