22 Year Old at a Crossroad - Starting a CRE Agency
[deleted]
[{"id": "f7bylsa", "text": "Depending on which state you are in, a brokers license will be required in addition to sales license. You are probably aware of this.", "replies": [{"id": "f7bynrs", "text": "The guy I would be partnering with is my current broker.", "replies": [{"id": "f7c4avt", "text": "CRE is MUCH more relationship driven than residential. The real question is: Can you get people much older than you to trust you at a young age and with minimal experience? Can your partner fill that role, and if so, what value do you bring?", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "f7csor4", "text": "I'm still in college but I have a great job at a boutique CRE company and I'm very close to sitting for my broker exam. Let me tell ya, there are plenty of people in this industry who don't know anything other than how to talk. Your relationships will make or break the business long before a lack of knowledge will. If you have a great network of investors/brokers AND knowledge of the industry, you have it made. I can say with some confidence that I know more about the CRE business than anyone in my graduating class, but I'm not ready to start out on my own just yet simply because I don't know enough people. So, for the sake of building my own network, I'd like to see what happens with your business and help out if you ever need it.", "replies": [], "depth": 1}, {"id": "f7ngnbd", "text": "Go for it.", "replies": [], "depth": 1}]