{"id":23866,"date":"2019-12-24T15:24:03","date_gmt":"2019-12-24T13:24:03","guid":{"rendered":"https:\/\/www.commercialcafe.com\/blog\/?p=23866"},"modified":"2025-03-25T14:11:07","modified_gmt":"2025-03-25T11:11:07","slug":"become-commercial-real-estate-broker-2","status":"publish","type":"post","link":"https:\/\/www.commercialcafe.com\/blog\/become-commercial-real-estate-broker-2\/","title":{"rendered":"How to Become a Commercial Real Estate Broker"},"content":{"rendered":"

With the right drive and determination, <\/span>Commercial Real Estate Broker<\/span><\/a> is a great career choice.\u00a0<\/span>Brokers work independently, helping clients buy, sell,<\/span> or lease commercial properties. They act as mediators between buyers and sellers in this competitive but highly rewarding industry.<\/span><\/p>\n

As such, a career as a Commercial Real Estate Broker is perfectly suited to individuals with the confidence, <\/span>communication skills<\/span><\/a>, and love of the industry to create opportunities and close the deal.\u00a0<\/span>But how can you get your first step onto the career ladder? Here are our top tips to help you succeed as a Commercial Real Estate Broker:<\/span><\/p>\n

1. Do Your Research<\/h2>\n

Before you decide to hand in your resignation, make sure you\u2019re suited for a career as a Commercial Real Estate Broker. Follow this link to see if you have the <\/span>six attributes every broker needs<\/span><\/a>.<\/span><\/p>\n

You also need to make sure you understand the financial implications. Your salary will be based on commissions. While some larger firms may offer you a small supplementary salary when you initially work as <\/span>an agent<\/span><\/a>, your commissions will most likely form the majority of your income.<\/span><\/p>\n

A Commercial Real Estate Broker usually retains around 3% on all sales and <\/span>leasing<\/span><\/a> transactions, with the brokerage firm receiving around one-third of that fee.\u00a0<\/span><\/p>\n

Also bear in mind that it can take months to close a deal. So don\u2019t assume you\u2019ll be earning the big bucks from day one.<\/span><\/p>\n

2. Understand The Licensing Requirements<\/h2>\n

You need to get a commercial salesperson\u2019s license before you can start work. This is state-specific so you\u2019ll need to do a bit more research to find out what\u2019s required in your location.<\/span><\/p>\n

In general, broker licensing requirements usually include:<\/span><\/p>\n