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chitownj12 asked:


I have a background in Real estate lending, residential wholesale and retail but am considering a move to the commercial side as an appraiser. I am currently located in Chicago which I feel is about the best place I could be for this line of work.

Does anyone know what I have to do as far as mentoring, internship, etc? I know I have to take classes and such, but from what I have read it seems I must also “shadow” a licensed appraiser or become an assistant to one for a certain amount of time before I can get a license.

Also, does anyone know what to expect as far as salary and or commission for this position? Would I work for a firm and get assigned jobs, or would I be looking for my own work?

Any help is appreciated

jay asked:


I know that I need to get a R/E Licence but what about the rest? Is there a MLS type program for the Commerical side? Does the firm that you work for pay for that access or does each individual agent do that? What could a first year rookie Commercial R/E agent expect to happen in the beginning? Is there a better way to start off than just going for it? I this might be my calling but before I jump into anything, I want all the facts.

KUZIKAN asked:


I need help and info on the different types of funding that are available (loans, grants). Are there companies out there that will pay for the training in return work for them for several years? I know the military is one, but I’m too old to apply for any pilot programs.

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Bryan D asked:


I’m a college student in Hawaii who wants to become a commercial real estate broker.. I don;t know if i should stay in honolulu or head back to the mainland where i am from.. Would I find it easier to break into the business in a major city in California? With a college degree in finance and a desire to succede what are my chances for success in this industry? Also what are some other careers in commercial real estate?

Thanks

thatguy asked:


Just got a job as a commercial lender last week and was wondering what some stats were for other companies out there.

What is your average loan size?
What is the average commission?
What % of that commission do you get?
Do you get a base pay?

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Frank asked:


I want to work in commercial real estate. I am working in Hotel Management at the moment, but think commercial real estate is interesting. Im young enough where a career change is not out of the question. What types of things do employers look for? Is there a high demand for people in commercial real estate?

Rebecca * asked:


I am looking to make a career change and get into my companies commerical real estate division, but I have no idea what training/education to get now to get me in that direction. Please help!