When you think of Real Estate the first thing that might come to mind is someone showing a house to potential buyers. So what is Commercial Real Estate? Well it is somewhat the same except usually instead of an agent trying to fill a home with a new family it is an agent trying to fill Hotels, Retail Spaces, Office Spaces, Industrial Warehouses, Special Purpose Spaces and Multi-Family Units. Commercial Real Estate or CRE is the buying or selling of property for business or to provide a company with a space to operate their business. Though the buying and selling of commercial properties is a big part of CRE, the steady cash flow comes from leasing vacant spaces to companies who in return pay a monthly amount for rent. A Commercial Real Estate business can be as small as a few people to a company that has hundreds to thousands of people. Usually there is a team of of Commercial Real Estate Agents who help a Broker find properties to buy, sell, and lease. You do not necessarily need a team of agents, as a broker you can perform all aspects of the Commercial Real Estate business on your own. Commercial Real Estate is huge and can provide a great opportunity to those who are interested.
Interested?
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