There are a plethora of reasons why we love being commercial real estate brokers and working in an investment brokerage. Reasonable hours, working with people, relatively low risk and high reward are just a few of them. Brad Umansky with The Massimo Group, an investment brokerage firm that offers commercial real estate consulting and coaching, feels the same way. He recently published a blog post describing the many reasons why investment brokerage is an awesome career. Read the excerpt of his article below, then click the green button at the bottom to read the full post.
What a great business to be in! Over the years, I’ve spent a lot of time thinking about the virtues of being in commercial real estate, especially after a particularly difficult week, and I quickly realize how lucky I am to be a part of such a dynamic industry AND that I genuinely enjoy this business.
One of my roles as owner of Progressive Real Estate Partners is recruiting new brokers and sometimes I’m asked “Why someone would want a career in investment brokerage.” Here are a few of the reasons:
1) Risk VS Reward
It’s difficult to think of another business that provides so much reward compared to the amount of risk required. For the most part a commercial real estate (CRE) investment sales broker is just risking their time, a relatively small amount of money and their knowledge for a business in which the top earners make over a $1M a year.
2) Quality of Life
Although there are a lot of demands in CRE, brokers have plenty of flexibility in planning their schedules and being able to achieve a balance between their job and home life. Many careers with the same high earning potential involve a lot of travel and time away from home. Most brokers are able to be home every night, have few work related weekend commitments and have the flexibility to leave in the middle of the work day to handle personal business. Don’t get me wrong – – this doesn’t mean you can make a great living while taking a lot of time off. It just means you have flexibility…