How much money do commercial leasing agents make
Pay for this job rises steadily for more experienced workers, but goes down noticeably for the few employees with more than 20 years' experience. Add this chart to your site: Commercial real estate brokers usually serve as leasing and sales agents for business properties, and an associate's or bachelor's degree and state-required real estate licensing are generally required for this position.
Commercial real estate brokers should be confident and have strong communication skills to work well with clients. Because income is largely driven by commission, they should be self-motivated and able to pursue, obtain, and maintain clients.
Organizational skills are also important in this position to keep track of clients, leads, and sales with a database system. Commercial real estate brokers spend time both in and out of the office and often work outside of traditional business hours.
While in the office, they must maintain their client and property information and keep all databases up-to-date, and they also use this time to chase down leads and market their services to interested parties. Successful commercial real estate brokers are also adept at marketing themselves through various media, including phone, e-mail, social media, and business canvassing.
When out of the office, these brokers visit properties in their listings, take photographs, and become familiar with the characteristics of each location to offer the best-possible information to their clients. They also meet with clients regularly for interviews, showings, and final paperwork.
Commercial Real Estate Brokerage
Commercial real estate brokers must be professional in dress and manner and able to serve as a middleman to ensure satisfaction for both their client and the opposite party, and they must also function well as team players who work together to ensure the success of the brokerage itself. Pay by Experience for a Commercial Real Estate Broker has a positive trend.
Average total compensation includes tips, bonus, and overtime pay. Cost of Living Calculator. What are you worth? Find out what you should be paid. PayScale in the News. What am I worth?
What should I pay? Commercial Real Estate Broker Salary. X All compensation data shown are gross 10th to 90th percentile ranges.
Take the PayScale Survey to find out how location influences pay for this job. X Total Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity stock compensation, cash value of retirement benefits, or the value of other non-cash benefits e. Is Commercial Real Estate Broker your job title?
Get a personalized salary report! Find Out Exactly What You Should Be Paid Job Title: Job Description for Commercial Real Estate Broker. Draw up and file leases and sales.
Meet with clients and prospective clients, provide property tours. Negotiate lease and sales terms for properties.
Commercial Real Estate Broker Job Listings. Pay by Experience Level for Commercial Real Estate Broker.
Commercial Real Estate Broker Advice. What is it like working as a Commercial Real Estate Broker? Being always honest, fair, truthful, respectful and empathetic is a sure path to success. Key Stats for Commercial Real Estate Broker.
Years of Experience Less than 1 year. Commercial Real Estate Agent. Experience Affects Commercial Real Estate Broker Salaries.
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