Commercial real estate is a promising career for many types of individuals in a wide array of positions. This field allows realtors, tenant representatives, real estate brokers and more to get involved with commercial real estate and engage in a lucrative job position. Although in the past real estate experienced a dip in sales, the truth of the matter was that commercial real estate didn’t experience too hard of a hit as residential real estate. These days, both residential and commercial real estate fields are getting back to their promising positions and returning to normal in the cities, suburbs and even rural areas. The following will list some prime commercial real estate careers in both Chicago and throughout the United States.
Commercial Real Estate Agent
If you are eager to take part in the actual commercial real estate transactions and work one-on-one with the seller or purchaser, then considering a career as a commercial real estate agent is a great idea. As a commercial real estate agent you can represent buyers and sellers who deal with commercial real estate purchases and sales. You will be their go-to person from the very beginning to the end. Commercial real estate agents deal with their clients, their real estate brokers, financial institutions, title companies, real estate attorneys and others. When you start a career in commercial real estate as an agent, you are seeing the entire process before your very own eyes.
Commercial Real Estate Broker
If you want to play more of a supervisory role in commercial real estate and you have prior experience in commercial real estate, becoming a commercial real estate broker is an option. The commercial broker supervises the activities of their agents and helps out when managerial issues arise. The commercial real estate broker is the lead in the commercial real estate firm and is the individual whom the commercial real estate agents report to in their daily business dealings.
Another wonderful option, perfect for those who wish to play a role in commercial real estate, is a tenant rep career. Those who are tenant representatives will help the commercial real estate tenants with every aspect of their business leasing. This individual will help the prospective commercial real estate tenant find a commercial office to lease, help them in their dealings with the commercial landlord and basically be the tenant’s contact person whenever they have an issue during their tenancy and wish to have someone by their side when they speak with the landlord. A tenant representative is a real estate career individual who wears many hats and serves many roles. This person will work alongside of the tenant and not have any individual loyalties with the commercial landlord.
Any and all of the careers listed above are excellent choices for those seeking a job in the commercial real estate field. Depending on your individual experience and desires, you may be more suited to one career over the others. The commercial real estate field is a continually growing one and certainly filled with a vast array of job options for those seeking work in the real estate industry.