Question: Should I Sell Commercial Or Residential Real Estate?

Can a real estate agent sell residential and commercial?

“If you’re a certificate of registration holder in real estate, or you are licensed to sell real estate, you can sell non-residential property, that is, commercial, industrial and retail property.”.

How much money can you make selling commercial real estate?

The BLS reports an average yearly income just over $44,000 for all real estate agents and $56,790 for higher-trained real estate brokers, but its statistics are generally skewed toward residential real estate sales. Most sources indicate that commercial real estate agents earn somewhere around $85,000 annually.

What is the standard commission on commercial real estate?

about 99%In reality, about 99% of the time there is a market standard commission in the commercial real estate industry for a particular type of commercial property lease or sale that everyone agrees to. The total commission usually paid by a landlord or seller is 5-6% of the total rent over the lease term or the sale price.

Is there more money in commercial or residential real estate?

Rental yields – commercial properties typically offer rental yields between 5% and 12%, whereas residential properties typically offer around 3-4% yields. As a result, commercial investments are more likely to be cash-flow positive than their residential counterparts.

How much do top commercial real estate brokers make?

The typical commercial real estate broker salary is well in excess of $100,000 a year. I know several seasoned commercial brokers who earn a seven-figure income annually.

Should I do commercial or residential real estate?

Commercial real estate tends to award investors a much wider range of potential investment. For example, there are more commercial property investment funds than residential ones. On the other hand, residential real estate investing tends to give investors a more active role in the property.