Due to years of experience, commercial real estate experts have more access and a vast network of connections — access to listings, resources, tools, and data that someone on their own would not be able to access; connections that have been fostered over years of working in the industry.
It can add a dynamic and promising resource to your portfolio whether you lease it to others or move in yourself. Yet that makes hiring a commercial real estate broker all the more critical. Such a professional can supply you with industry knowledge, networking prowess, transaction representation, and more.
Commercial Real Estate Agent Salary in Arizona. $75,900 is the 25th percentile. Salaries below this are outliers. $111,800 is the 75th percentile.
Education – Complete 90 hours of “in classroom” or online Real Estate Broker pre-licensing education at an approved Arizona real estate school and pass the examination at an ADRE approved real estate school, college or university.
Commercial agents and brokers serve as liaison between multiple parties in a commercial transaction, know extensive demographic and location information, and provide in-depth financial analyses to determine whether a property is good for their client's bottom line.
Both residential and commercial real estate agents require a license. However, commercial real estate firms often have specific strict hiring requirements.
In Arizona, business brokers are regulated by the ADRE, which requires them to hold a real estate license.
◊ Be at least 18 years of age when applying. ◊ Complete 90 hours of real estate salesperson pre-licensing education through an ADRE approved school, and pass the school final Salesperson examination, in person. ◊ Register for and pass the Salesperson State Exam.
List of 10 Popular Property Selling Apps in India App NamePlaystore Ratings NoBroker 4.5/5 99acres 4.6/5 Magicbricks 4/5 Makaan 2.8/56 more rows •
If you're looking to sell, it's generally recommended that you do so during times of economic growth. This is when the market is strong and prices are high, and commercial real estate prices tend to go up during periods of expansion. This will ensure you get a good return on your investment.