What's it like working in Commercial Real Estate?
Hi all,

Considering getting into the commercial real estate industry, starting with a very junior role and working my way up very slowly (maybe in a company like CBRE). I have a law/accounting background from University, but I'd like to stay away from anything overly technical - like the overly technical legal side of CRE. I've got great interpersonal skills and I'd like to utilise this in this industry, however, I'd also like to steer clear of the sales side of things. 

What are your thoughts on working in this industry? Is now a good time for me to get into it and start working my way up?

There's a job opening for a Property Lease Administrator at one of the big CRE firms, what are your thoughts on this position? 

Honestly, any information is good information! 

Thank you!
[{"id": "fjcpx5x", "text": "There\u2019s a lot of money to be made in CRE but you won\u2019t have any of it if your goals are to work your way up very slowly. You won\u2019t make much money in any industry with that attitude.\n\nGet into investment sales. That\u2019s where the money is made. Then become an owner and investor. That\u2019s where the REAL money is made. \n\nGood luck. Aim higher. Take risks. Or forever be meh.", "replies": [{"id": "fjcqh6k", "text": "&gt;investment sales\n\nFair dinkum mate. Strong advice. Can you elaborate on investment sales? I'm unsure about what EXACTLY that entails.", "replies": [{"id": "fjcr7xz", "text": "Think multi family(anything over a 4-plex), office buildings, etc...", "replies": [], "depth": 3}, {"id": "fjd3nw3", "text": "your selling the building that an investor is going to buy", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "fjcy90o", "text": "In DFW, CRE brokers are making a killing. I second the other comments, having equity is key. Large companies are great for the resume and likely will teach you the right way. Smaller companies will give you more exposure to different aspects of the field but could potentially teach you bad habits.", "replies": [], "depth": 1}, {"id": "fjd54pd", "text": "I work in NYC in Investment Sales. I actually just started my career after doing 3 years in Residential Rentals and Sales (also a good gig) but couldn\u2019t see myself in the long run doing that. Can\u2019t tell you how it is, but I have friends that are in it and are doing welll. It\u2019s all relationship base, cold-calling, being creative with finding leads.\n\nWork on a team, a GOOD team and don\u2019t waste your time trying to do it yourself. Look into commercial teams. The team leader has been in the business and has a buyer/seller list that can help.\n\nLuckily in corporate for me, i receive base salary, team commission, and individual commission.", "replies": [], "depth": 1}]