Part-time Job for CRE Broker?
Hello everyone. I am going to be starting at a commercial brokerage firm specializing in triple net leases soon. The job is 100% commission and I was wondering if any brokers out there had any advice on part-time jobs to supply myself with some sort of steady income? Or is it even feasible with the work-load of a new, inexperienced salesperson? Thanks.
[{"id": "ew527jw", "text": "If you want to make it in brokerage, you won't have freetime for a long time.", "replies": [], "depth": 1}, {"id": "ew57bz9", "text": "Waiting tables - you can work the nights for extra cash and grind during the day", "replies": [{"id": "ew5bhnq", "text": "This is the only real option. Or bartend. CRE is a full time 9-5+ job. Nights and weekends are all that\u2019s left. If you try to do CRE part-time you won\u2019t make it.", "replies": [], "depth": 2}], "depth": 1}, {"id": "ew5bxng", "text": "I was going to say bartend. Basically something you can do on nights and weekends that won't cut into getting your business started.", "replies": [], "depth": 1}, {"id": "ew5d2lg", "text": "My boss started his own brokerage a year ago. He has 15 years experience and investors behind him. At the end of year one we have 9 listings around 15 million in value, and 5 clients we are representing on the buy side. \n\nIt\u2019s been rough to say the least and the first 7 months he worked 5am-7pm every day.\n\nGood luck.", "replies": [], "depth": 1}, {"id": "ew5d3qr", "text": "Can confirm spent the last 15 months waiting tables but now I\u2019ve got a 18million under contract with a closing on Thursday and another at the end of the month :).", "replies": [{"id": "ew5f0tx", "text": "Congrats!!!", "replies": [], "depth": 2}, {"id": "ewd11wf", "text": "As a residential agent myself , typically 3%s what does % commission look like on a deal like that?", "replies": [], "depth": 2}, {"id": "ewdfmud", "text": "Nice , what do you expect to net on the $18 mill deal after split etc ?", "replies": [], "depth": 2}], "depth": 1}, {"id": "ew5ysmv", "text": "I do bpos in down town, also do some inspections for insurance companies. Not a lot of them as I dont have a ton of time but they are good gap fillers.", "replies": [{"id": "ew5yt5v", "text": "Hey, baumbach19, just a quick heads-up:  \n**alot** is actually spelled **a lot**. You can remember it by **it is one lot, 'a lot'**.  \nHave a nice day!\n\n^^^^The ^^^^parent ^^^^commenter ^^^^can ^^^^reply ^^^^with ^^^^'delete' ^^^^to ^^^^delete ^^^^this ^^^^comment.", "replies": [], "depth": 2}], "depth": 1}]