Has anyone ever changed markets completely?
If circumstances (family, other external factors) arise where you have to move to a different city, is it possible to do in this industry?

I'd be curious to hear how a broker could be successful when moving to an entirely new market.
[{"id": "cpwr5ys", "text": "I'm not a broker but have been involved in the CRE industry for nearly 10 years.\n\nI would say it is no different than starting anew as a broker breaking into the industry as far as relationship development is concerned and that you should expect the standard 6-12 months before you start gaining traction in the market and getting deals done.  However, depending on your experience, this time period may be reduced due to your established understanding on HOW to developer relationships and get deals signed up and executed.  Further,  your experience may be a valuable asset by certain brokerage teams who may want to add you to the team, reducing the wind up time even more.\n\nObviously, you have to weigh personal stresses such as family, current savings, etc.  but I believe that if you had moderate success in one market, you can replicate it in another.\n\n\n\nGood luck", "replies": [], "depth": 1}, {"id": "cpwse76", "text": "Depends what you do I imagine.  Most of my contacts are local, I think it would majorly suck for me.  \n\nThat said I have mailing lists with thousands of national investors I'd take with me, so if I did start getting listings I think I could definitely sell faster than someone just starting completely new.\n\nFor retail brokers that do tenant rep, depending where they moved, they may be able to keep some accounts? \n\nMost appraisers I know travel a lot anyhow.  If they stayed within a few hundred miles I'd think they could maintain relationships though I'm not really sure how that works.  \n\nMortgage origination would seem like a tough one.  \n\n*shrug*  what do you do now?", "replies": [{"id": "cpwt1tn", "text": "I am currently an analyst considering leasing brokerage within the next couple of years, just out of college. I ask because I am not 100% set on my market, I guess I'm going through a quarter life crisis as far as where will I settle down? I've learned that this is not a career where you can just leave somewhere else and still retain value, as it seems that market knowledge and relationships make a huge majority of any broker's value.", "replies": [{"id": "cpx8z9c", "text": "Totally agreed, wouldn't say it's impossible by any stretch but you'll be competing with those who have invested time in local market knowledge and relationship building before you arrived. Outside the box, if you have developed a specialized niche you could always transition to a developer, REIT, etc... also, I am some (retail, investment sales??) have clients that might be able to follow you. ", "replies": [], "depth": 3}, {"id": "cpyjta7", "text": "If you are early in your career, it's no big deal. It's a little painful anytime you move markets, but as your market knowledge grows it will only get harder to move as the years go by. If your overhead is minimal, now's probably a good time in life to see what else is out there.", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "cpxs79k", "text": "I'm moving to a different country entirely, and I have an Independent Sales Associate position lined up for me already. Although, I come from a salaried background in Commercial Real Estate Management. I already have one prospective commercial building (600 Square Meters for $700K USD; LMK) for sale in the new market, my issue is how will I sell it. BIG MOVES AND FAITH here. :)", "replies": [{"id": "cpxu44y", "text": "That's a big leap, best of luck for you. I'd be interested to hear how it works out. It seems like the key would be to use your experience to negotiate a viable compensation package or join a team.", "replies": [{"id": "cpxu84f", "text": "Have you already transitioned into your new market? If so, how long has it been, and how do you rate your progress?", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}]