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Posted over 9 years ago

5 Reasons to Become a CRE Professional

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We've all been in that moment when you graduate college or realize it's time to face reality and find a job that's actually going to benefit your career, rather than just pay for your next meal. When the time comes, you're encouraged to do what you love and in doing so, establish the mentality that you won't be working a day in your life.If you're reading this post, you're likely considering commercial real estate as a potential next step. Whether you're jobless or on the verge of leaving behind an unfulfilling position you can't wait to escape, the upside is that you determine your next move. Here's why you should go the commercial real estate route:

1. The People

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If you've ever walked into an office that deals in real estate, you know what I'm talking about. Not only are these people friendly and genuinely nice, they go out of their way to talk to you on end about whatever you want. Stop and ask for help and you can practically consider it done.

Consequently, break room interactions become tolerable and morale around the workplace skyrockets exponentially. Meaningless conversations are hard to come by, and productivity increases in an environment that exudes work ethic and success.

It's important to be this type of person in the world of real estate. These people work all day to help others. Whether finding an office for a new start-up, occupying and maintaining a landlord's precious property, or developing a new shopping mall to promote commerce, these pros want to see you succeed alongside them, which is viewed as a perk of the business.

2. Buying & Selling Stuff is Fun! Real Estate Listing Document on Realtor Desk

Everyone likes to buy things, and everyone likes to sell things so they can then buy some more. If you're a broker, all you're doing is buying and selling property with someone else's money. Property managers get paid to spend money, simple as that. Developers spend their own money, but experience the thrill of building an empire in the process.

Chances are, you used to play games as a kid that would require you to build, buy and sell. For me, it was Roller Coaster Tycoon. You may have been a loyal Monopoly connoisseur, but you have to admit it was fun. Why not do that on a daily basis on a much larger scale, and of course, with real money?

3. Assets are Tangible

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The currency of CRE is a physical object. Unlike trading stocks and bonds, betting within an electronically represented market, real estate allows you to easily get all your ducks in a row and maintain a stable sense of value, risk, and reward.

You have in your possession something that people want, and always will. Whether it's an office, retail space, medical facility, residential property, industrial park or plot of land, a growing population creates a growing need for a finite amount of space.

Therefore, people will come to you out of necessity rather than on a hunch that it's time to invest their money. While there are a fair share of investors in real estate, and for good reason, the horizon of the real estate industry is quite vast compared to that of a stock broker. This is the result when dealing with tangible assets, and allows a company to make a hefty profit when providing a wide array of services for them.

4. A Desk Job Without A Desk

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Most careers in real estate don't require you to sit at a desk from 9-5, but still allow you to achieve the same income level, or greater, of those that do just that. In fact, most real estate professionals spend the majority of their time outside the office.

Sure, the office has a place in the world of real estate, as market research, listing reviews, marketing packets, accounting processes and administrative tasks are important business practices.

However, since the trade is in tangible assets, people are going to want to see the product and get a feel for what they're looking for before making a decision about what they want. This means that most of the money made is brought in away from the office, a huge perk as far as I'm concerned.

Don't be one of the many that come in to work at 9 and leave at 5 each day, all the while trying to figure out when to utilize the 2 delegated weeks of vacation time each year. Life isn't meant to be a struggle, so don't fall into the dull routine that for some odd reason has become the norm in today's workplace.

Real estate offers something new each day, compensates productivity, and rewards those willing to make a difference.

5. You're in Charge

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Now, the first couple of years are going to be an invaluable learning experience, and I guarantee your superiors will ride you pretty hard to get you where you need to be. That is, as long as you're at a respectable firm that believes in you and knows you can succeed.

With that being said, once it's time to make something of yourself, you are responsible for running your own show. Effectively becoming your own boss within a company is a great spot to be in. While this mainly relates to the brokerage aspect, it still holds true for property managers, project managers, and even administrators.

It's all about results, and in this industry, hard work pays off. No matter what it is you're doing, if you do it well, people are going to notice. As you build your brand and reputation, you're able to slowly start going out on your own. It's your prerogative to schedule meetings, make time for the nitty gritty, and earn your pay check.

The freedom to set your own schedule and maximize productivity by knowing your own preferences is a huge upside in the CRE industry. I know people that work 4 in the morning to 2 in the afternoon, because they know that's when they get the most done, or they want to be home with their kids in the afternoon. A flexible work schedule is a luxury in the workplace today and is just another reason to get into commercial real estate.

Is this why you want to be, or already are a CRE professional? Let me know why you chose the CRE path in the comments below.


Comments (2)

  1. Good to hear!


  2. This really inspires me thanks!