How does one get into commercial real estate after getting a real estate license?
[{"id": "dyu9pia", "text": "Networking. I asked myself that same question last September when I passed the test. I had no connections whatsoever; just hammered LinkedIn and sent out 20+ emails a day. Took 7 months but I eventually had multiple brokerage offers. Persistence is key in this industry. Be polite and professional, but talk to everyone at least once a week. Go on CBRE/JLL/C&amp;W website and find your local office, the emails are available. Send an introductory email asking to meet for coffee. I promise you do that for six months and you\u2019ll have an offer. ", "replies": [{"id": "dyuoprg", "text": "Thanks for the info. What did they have you do every day and every week?", "replies": [], "depth": 2}], "depth": 1}, {"id": "dyvlj6h", "text": "Took me about 7-8 months of just pounding out emails/phone calls/ informational interviews with every commercial broker in the city before I got an offer, just gotta be persistent.\n\nIts actually excellent pre job training, since you'll be doing the exact same thing for a few years after you get in!\n\nBiggest piece of advice. Have solid savings, or live with your parents. Unlike residential deals, commercial transactions can take months, if not YEARS. Even if you score an early phase transaction day 1, it could take 4-6 months before you see a penny in commission.\n\nThis is a field that can take 5+ years to start seeing stable income streams. Starting out its either a young mans game (can live with parents) or a career changer with A LOT of savings and a large network. I made 0 dollars my first 6 months.", "replies": [{"id": "dyywx2n", "text": "Is this talking about commercial leasing or investment sales \\(for curiosity's sake\\)?", "replies": [{"id": "dyyxbns", "text": "Both. This is not an industry to enter if you need to make fast money. If you can live of ramen noodles for a couple years though, there is a massive upside ", "replies": [{"id": "dyyygzt", "text": "That's definitely what I've heard. Is there a higher upside to either leasing or investment sales you think or is it all case by case? Is one more prestigious than the other and can you start as an analyst making ~50k at either?", "replies": [{"id": "dyz01hz", "text": "Its market specific, but 'generally' speaking, tenant rep ( leasing ) makes the most money, definitely in my market (Phoenix). You get higher commission than landlord rep, and once you get a good network the deal flow is higher and steadier than investment sales.\n\nHaving said that, if you're on a TOP investment sales team in a top metro area (NYC, LA), you'd probably make more than most leasing guys, and you can also get access to deal participation that helps increase your revenue. But again I'd say most established tenat rep teams make more than most investment sales teams.\n\nPrestige? Meh. Either one you're basically just a salesman. Neither is terrible technically demanding. Doctors, lawyers and investment bankers are all going to be deemed more ' prestigious' roles, as again they require more expertise. Sales is sales. You dont even need a college degree to get into this industry.  Personally i care more about making money than what others think of me.", "replies": [], "depth": 5}], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "dz3i7p2", "text": "Took me 2 weeks, interviewed with every major brokerage firm and got the call from the very last firm I interviewed with.  Been at it for 10 years now and literally cannot imagine a better career.  I do whatever the hell I want.", "replies": [], "depth": 1}]