CBRE Group, Inc., a Fortune 500 and S&P 500 commercial real estate company headquartered in Los Angeles, is the world's biggest commercial real estate services and investment firm (based on 2023 revenue).
Top brokerages are CBRE, JLL, Colliers, Cushman (barely).
Commercial Real Estate Agent Salary in California Annual SalaryHourly Wage Top Earners $142,607 $68 75th Percentile $118,400 $57 Average $99,982 $48 25th Percentile $80,400 $39
To answer the question of can a residential realtor sell commercial property, know that the answer is, "Yes." Various states have different licensure requirements, but they typically include taking a certain number of hours of an approved course, passing an exam, and working with a licensed firm.
The California real estate exam is considered to have moderate difficulty by many. However, the level of difficulty can vary depending on an individual's level of preparation and understanding of concepts. The exam is 3 hours long and consists of 150 multiple choice questions. All you need is a score of 70% to pass.
Getting Started In Commercial Real Estate Investing: 4 Steps To Begin Step 1: Educate Yourself On The Commercial Real Estate Industry. Step 2: Define Your Investment Goals & Strategies. Step 3: Secure Financing For Your Investment Opportunity. Step 4: Identify and Evaluate Properties.
Conviction of a crime could result in license denial. Complete 135 Hours of Pre-License Education through an Approved School. Pass the Course Final Exam. Pass a Criminal Background Check. Pass the California Real Estate Salesperson Exam. Find a Sponsoring Broker to Work for. Complete the License Application.
Many of the issues confronting industry stakeholders in the new year are interrelated. High Financing Costs. Massive Commercial Real Estate Debt. High Cap Rates. Soaring Insurance Costs. Increasingly Unaffordable Housing. Rise in Artificial Intelligence. Impact of Extreme Weather. Lingering Office Vacancies.
Types of Seller's Disclosures For example, you must disclose hazards on the property, including things like mold, radon, or other environmental hazards. If the property is located in a flood zone or wildfire risk area, that information must also be disclosed to the buyer. Another critical area of disclosure is zoning.