Chisholm Trail Parkway Progress Report

Chisholm Trail Parkway benefits many businesses between Fort Worth, Burleson and Cleburne. Angmar Realty has the commercial space you need that is located along Chisholm Trail Parkway. The newest project in Burleson, the Standard at ChisenHall, is located at Hidden Creek Parkway next to Chisenhall Baseball Fields, approximately 17 miles south of downtown Fort Worth. Retail and office spaces available with an estimated completion of 1st Building, Summer 2017. Click here for more information about the Standard at ChisenHall.

Chisholm Trail Parkway Description

The Chisholm Trail Parkway, is a 27.6-mile toll road extending from downtown Fort Worth south to Cleburne. More than 50 years in the making, the toll road was a collaboration between the North Texas Tollway Authority, Texas Department of Transportation, the North Central Texas Council of Governments (NCTCOG), Tarrant and Johnson counties, along with the cities of Fort Worth, Burleson and Cleburne, and Western Railroad and Union Pacific Railroad.
New Speed Limits Approved for CTP

On Aug. 18, 2016, the North Texas Tollway Authority’s Board of Directors approved new, permanent speed limits for the 28-mile Chisholm Trail Parkway.

From Forest Park Boulevard to University Drive, the speed limit will be 50 mph.

From University Drive to Arborlawn Drive, the speed limit will be 60 mph.

From Arborlawn Drive to Altamesa Boulevard, the speed limit will be 65 mph.

From Altamesa Boulevard to north of FM 1216, the speed limit will be 70 mph.

From north of FM 1216 to Industrial Boulevard (near U.S. 67), the speed limit will be
55 mph.

The increased speed limits will not be in effect until the signs are in place. That work is anticipated to be complete in mid-to-late September, weather permitting.

Here’s What Drivers Are Saying About CTP
The Chisholm Trail Parkway was an idea more than 50 years in the making. Now that the toll road is open to the public, connecting drivers to their destination is faster, safer and easier. See what is being said about mobility on the CTP.

“A commute that normally takes 40 minutes took less than 20 minutes…‎Once it is totally landscaped and complete it will be a perfect asset for Fort Worth, Tarrant County and Johnson County. A true work of art.” J. Jordan, Fort Worth

“I took the Chisholm Trail Parkway to work this morning and it was fantastic. Thanks for building it for me! My normal commute takes me around 40 minutes. Today, I arrived at work about 10 minutes earlier…Love it – got my TCU toll tag and everything.” Michael W., Fort Worth

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Source: https://www.ntta.org/roadsprojects/projprog/ChisholmTrail/Pages/default.aspx

Commercial Vs. Residential Real Estate Investing

Commercial Real Estate
Commercial real estate is generally land or buildings intended to generate a profit. Commercial real estate is frequently referred to as investment or income property. Commercial real estate also includes rental residences or properties housing five or more units. However, most commercial real estate is office and retail space and industrial-type buildings. Commercial real estate investing tends to draw in people with much money and business experience or education.

What Is a “Commercial Property?”
Commercial properties may refer to:
•Retail buildings
•Office buildings
•Warehouses
•Industrial buildings
•Apartment buildings
•“Mixed use” buildings, where the property may have a mix, such as retail, office and apartments.

Positive Reasons to Invest in Commercial Property
Here are some of the pros of buying commercial real estate over residential property.
Income potential. The best reason to invest in commercial over residential rentals is the earning potential. Commercial properties generally have an annual return off the purchase price between 6% and 12%, depending on the area, which is a much higher range than typically exists for single family home properties (1% to 4% at best).
Triple net leases. There are variations to triple net leases, but the general concept is that you as the property owner do not have to pay any expenses on the property (as would be the case with residential real estate). The lessee handles all property expenses directly, including real estate taxes. The only expense you’ll have to pay is your mortgage. Companies like Walgreens, CVS, and Starbucks typically sign these types of leases, as they want to maintain a look and feel in keeping with their brand, so they manage those costs, and you as an investor get to have one of the lowest maintenance income producers for your money. Strip malls have a variety of net leases and triple nets are not usually done with smaller businesses, but these lease types are optimal and you can’t get them with residential properties.

The Downside of Investing in Commercial Property
While there are many positive reasons to invest in commercial real estate over residential, there are also negative issues to consider.
Time commitment. If you own a commercial retail building with five tenants, or even just a few, you have more to manage than you do with a residential investment. You can’t be an absentee landlord and maximize the return on your investment. With commercial, you are likely dealing with multiple leases, annual CAM adjustments (Common Area Maintenance costs that tenants are responsible for), more maintenance issues, and public safety concerns. In a nutshell, you have more to manage; and just as your tenants have to worry about the public eye, you do as well.
Bigger initial investment. Acquiring a commercial property typically requires more capital up front than acquiring a residential rental in the same area, so it’s often more difficult to get your foot in the door. Once you’ve acquired a commercial property, you can expect some large capital expenditures to follow. Your property might be humming along for a few months and wham, here comes a $10,000 bill to address roofing repairs or a new furnace. With more customers there are more facilities to maintain and therefore more costs. What you hope is that the gains in revenue outweigh the gains in costs, to support purchasing a commercial property over a residential one.

Residential Real Estate
All single-family type homes and one-to-four-family rental residences are considered residential real estate. Condominiums and cooperative units are also included in the residential real estate category for investment purposes. Many people invest in residential real estate by buying homes or similar rental properties and then becoming landlords or even house “flippers.” Flipping a house is simply buying it at a low price and selling it at a higher price, usually after fixing it up a bit.

What Is a “Residential Property?”
Commercial properties may refer to:
•Condominiums
•Investment Properties
•Manufactured Homes
•Multi-Unit Properties
•Second Homes (Vacation Homes)
•Single-Family Residences
•Townhouses

Investing in Residential
Relatively low start-up costs make it so almost anyone can go into residential real estate investing. If you’re investing in residential real estate to flip it, you make your income on the profit margin between your purchase price and your sale price. However, many people buy residential real estate and become landlords because it’s relatively easy to find paying tenants. On the downside, residential real estate investing may mean you’ll be experiencing landlord property management responsibilities, deadbeat tenants and other issues.

Depth of Involvement
Your required depth of involvement in real estate investing depends on whether you intend to flip the property or become a long-term investor or landlord. Many house flippers are buying homes, fixing them up on weekends and then reselling them. Commercial real estate investing itself can be a bit exotic, with purchase and leasing deal language that’s equally exotic. Though it usually requires more hands-on attention, residential real estate is easier to not only finance but also to manage.

Seller Financing
Owner financing is available with both residential and commercial real estate. Due to the higher down payment requirements for commercial loans, a buyer may turn to seller-assisted financing to help offset these requirements, or, in some cases, eliminating the down payment requirement completely. With residential real estate, which is typically in higher demand, seller-assisted financing is more common with distressed properties, to provide an added incentive for buyers.

Bank Size
If you are new to commercial property investing, staying with smaller, local banks where you can make a personal case for why the bank should make your loan will make the process easier. Local banks may have more of an interest in investing in your local community, and the economic development that local commercial investment brings.

Deloitte Perspectives:
Commercial Real Estate Outlook 2017

Deloitte Reports:  The real estate industry is increasingly influenced by rapid technological advancements and significant demographic shifts, which include growing urbanization, longevity of Baby Boomers, and differentiated lifestyle patterns of Millennials. In addition, macroeconomic and regulatory developments continue to impact profitability. How can companies gain a competitive advantage and drive top- and bottom-line growth? Here are some trends to pay attention to in 2017.

Economic outlook: Growth tempered by higher interest rates?

Gross domestic product growth will likely increase 2.5 percent in 2017, according to Deloitte’s Q3 2016 US Economic Forecast. The modest economic improvement could temper the pace of commercial real estate (CRE) transaction activity.

Volatile global markets have led to continued low interest rates. The Deloitte economics team anticipates the Federal Reserve is likely to raise interest rates in the short-to-medium term. Higher interest rates are likely to increase mortgage costs and could deter real estate investments to some extent.

An improving employment scenario and rising labor participation are expected to result in an unemployment rate of less than 5 percent. The employment-to-population ratio is projected to peak in 2018, as retiring Baby Boomers may reduce the share of employed. The improving labor markets and household wealth will likely boost consumer confidence.

2017 Commercial Real Estate Outlook
Regulatory outlook: Greater compliance costs on the horizon

New accounting standards on lease accounting and revenue recognition will likely increase the compliance and administration costs for real estate investment trusts (REITs) and engineering and construction (E&C) companies.

While increased exemptions under the Foreign Investment in Real Property Tax Act of 1980 (FIRPTA) will increase foreign investments in CRE, risk retention rules will likely lower commercial mortgage-backed securities (CMBS) issuance and reduce capital availability in secondary and tertiary markets.

In addition, the Protecting Americans from Tax Hikes (PATH) Act of 2015 will not only ease REIT tax provisions and research and development (R&D) tax credits for E&C companies, it will also increase the flexibility to invest in startups for R&D experimentation. At the same time, corporate tax reforms will reduce flexibility for corporations to spin off real estate assets into REIT structures.

Disruptive trends: Shaking up the CRE marketplace

Collaborative economy. Startups based on the sharing or collaborative economy, like Airbnb or WeWork, are disrupting the way organizations lease and use CRE. Companies face challenges from new competitors that are providing dynamically configurable spaces and flexible leases. Owners need to rethink their approach toward space design, lease administration, and lease duration.

Disintermediation of brokerage and leasing. Technological advancements are making CRE data more ubiquitous and transparent. These changes are enabling online leasing in a cost-effective, real-time manner and threatening the traditional brokerage model. Traditional brokers should consider diversifying their core business focus to include consultative opportunities, invest in data and technology, and collaborate with startups to get ahead in the game.

Competition for talent. A shortage of candidates with strong skills in science, technology, engineering, and math (STEM); rising urbanization; and Millennials’ preference for an open and flexible work culture are changing the employment marketplace and will result in significant competition for talent. There is likely to be greater demand for mixed-use developments as consumers prefer to “live, work, and play” in proximity; office space usage will be redefined and even rationalized. Companies should choose locations in areas that have concentrations of STEM talent and revamp design and development teams to cater to changing consumer preferences.

Last mile. Online retailing, on-demand manufacturing, and innovations in speed and mode of delivery (such as same-day delivery and e-lockers) are disrupting the retail and industrial markets. Demand for large retail and industrial spaces will contract, and there will be a blurring of lines between these two property types. For example, retail properties could double as fulfillment centers. While retail owners can try different store formats and enhance end-customer experience, industrials should potentially focus on smaller and more flexible spaces within cities to enable faster delivery.

Future of mobility: Emergence of “pay-per-use” is beginning to challenge the model of personally owned vehicles. Along with this, the advent of self-driving vehicles will potentially transform the entire mobility ecosystem. This has the potential to change demand-supply dynamics, free up large parking spaces in prime areas that can be put to different uses, and shift tenant demography. Companies need to be more strategic in analyzing the impact of mobility patterns and options on their long-term revenue and profitability, exploring design changes to existing spaces, and revisiting tenant strategies.

Click here for more information.

ANGMAR REALTY AND WINDMILLER PROPERTIES BREAK GROUND FOR THE STANDARD AT CHISENHALL

Pictured from Left to Right: Mica Puryear, Senior Advisor, AngMar Realty; Alex Phillips, Economic Development Manager, City of Burleson; Blake Fanning, President, Citizens National Bank; Tim Windmiller, President, Windmiller Properties; Ronnie Johnson, Councilmember Place 6, City of Burleson; Aaron Stalberger, VP of Operations/Broker, AngMar Realty; David Kirsch, Senior Architect, Windmiller Properties.

Pictured from Left to Right:
Mica Puryear, Senior Advisor, AngMar Realty; Alex Phillips, Economic Development Manager, City of Burleson; Blake Fanning, President, Citizens National Bank; Tim Windmiller, President, Windmiller Properties; Ronnie Johnson, Councilmember Place 6, City of Burleson; Aaron Stalberger, VP of Operations/Broker, AngMar Realty; David Kirsch, Senior Architect, Windmiller Properties.

BURLESON, Texas (August 12, 2016) ─ AngMar Realty and Windmiller Properties, along with City of Burleson officials, its business partners and other special guests, broke ground yesterday to mark the start of construction for “The Standard at Chisenhall,” located at 279 W. Hidden Creek Parkway, in Burleson, Texas. The new 7.5 acre, mixed use development will include 58,600-square feet of retail space and 15,400-square feet of office space and once completed, it will be a vibrant center for both the City of Burleson and the region.
Located approximately 17 miles south of downtown Fort Worth on I35W, the project is located minutes away from Burleson’s town center, Hidden Creek Golf Course, Chisenhall Baseball Fields and the City’s walking trails. The new development will feature state-of-the-art offices, retail spaces and restaurants. A walkway connecting the complex with a nearby pond and the City’s walking trails will provide a natural green space and convenient passage. The restaurants, including local favorites, will provide options for the nearby neighborhoods and apartments, and there will also be an outdoor bandstand and Pavilion for public and private events.
“We are extremely pleased to get started on this project,” said Tim Windmiller, President of Windmiller Properties. “Developments of this size which offer combined retail and restaurant establishments, alongside City amenities, are nonexistent within Burleson and the surrounding communities. By adding ‘The Standard at Chisenhall’ to our community, it will ‘set the Standard’ for the City of Burleson, providing Burleson residents and DFW Metroplex with an attractable and viable option for shopping, dining, and entertainment all in one place.”
Leading the design team in conjunction with Tim Windmiller is David Kirsch, senior architect for Windmiller Properties, along with Michael Constantino, Windmiller’s in-house artchitect. Anticipated completion date of Phase I is slated for first quarter 2017.
“This is a great day for AngMar Realty, Windmiller Properties and the City of Burleson,” said Burleson Councilmember Place 6 Ronnie Johnson. “Because of AngMar and Windmiller’s commitment to the community and foresight toward the growth of our City, we will soon have an incredible new multi-use development for retail, shopping and hosting of all types of events for businesses and citizens alike. We cannot wait to see the new ‘The Standard at Chisenhall’ at its official grand opening/ribbon cutting ceremony.”
For more information about “The Standard at Chisenhall” call 817-501-2246 or visit its Facebook page here or AngMarRealty.com.

Managing commercial properties

Commercial properties offer much more financial rewards in comparison to non-commercial properties. But did anyone also tell you that managing commercial properties is quite a bit riskier? There are so many issues like financing and identifying CRE prospects, just to name a few, that make commercial properties more difficult to manage.CRE

Financing a commercial property is difficult.

This is not to be underestimated. It is not all that difficult to get financing for purchasing residential rental properties, as there are a large number of lenders available who will offer loan for a period of 15 to 30 years. Usually, the residential real estate isn’t that expensive anyway and is something that can even be paid off using rent money. In the case of commercial properties, the loan amount will be amortized for less than 30 years and will mostly follow a balloon payment mode. This means that the entire balance of the loan will be due after a certain amount of time — let’s say after five or 10 years. The investor is supposed to pay off the loan when the balloon payment is due. This is not always convenient for the investor. Many investors look forward to getting refinanced when the balloon payment comes due, but if the market changes, refinancing the loan is difficult.
Add to that the fact that commercial property is usually more expensive to purchase, and things get even more difficult. It’s true that larger properties can yield a more steady income, but to get that kind of money from a bank, you’ll need experience to go with it.

Finding tenants takes longer with commercial properties.

Though commercial properties can enjoy long-term leases of three or even 10 years, once vacant, it usually takes much longer to find suitable tenants for these properties. Since these properties are rented out for business purposes, finding a suitable match between the location of the property, the type of the property and the business requirements of relevant companies usually takes a longer time. That has a pretty big effect on the cash flow. The owner is also expected to cover all the costs during this period. This can be a huge burden on the owner, as taxes can be a lot higher compared to residential real estate.

Trends you can use to identify CRE prospects:

Dramatic shifts in occupancy levels.
When a property has a meaningful shift in its occupancy for the better or for the worse, it frequently leads to a sale. When buildings fill up, many owners try to monetize their good fortune and sell the building at its new, higher value. On the other hand, buildings that empty out force owner that cannot afford the diminished cash flow to put them up for sale.
New planned construction.
New competing buildings coming to a market generate a healthy reason for owners to sell before their tenants move out. To fully capitalize on this information, you will need to be well ahead of the actual commencement of construction. After all, buyers may be wary of taking on existing buildings once new construction is underway.
Recent sales in the area.
When a building in a given area sells, there are two reasons that other owners may be more willing to put properties on the market. If the existing sale is at a particularly good price, it may motivate them to take advantage of a hot market. The other motivation comes from the fact that there may be buyers that are interested in the area but did not win the opportunity to buy the other building. When offers circulate, sellers tend to listen.

Our goal at Angmar Realty is provide you with in-depth knowledge on how commercial properties are bought, sold, and leased in your markets and vice versa. Partnering with Angmar Realty sets you apart and allows you the flexibility to position yourself as a full service agent or agency that will exceed expectation when it comes to managing your residential and commercial listings.

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Effective CRE Marketing Avenues

As the CRE market continues to grow in 2016 and demand for commercial real estate strengthens, here are some tips to help you stay ahead of the curve.
Marketing Package
The key to building a great marketing package is tell each listing’s story and engage qualified buyers to find out more. This means you should think about what sets your property apart and highlight the features that make it distinctive. The quality of the print collateral you send to your clients, says a lot about you as a company. If it’s been some time since you last updated this or you still don’t have professional graphic design for your marketing materials, consider investing in new collateral.
Property Website
The fastest way to make your listing details accessible is to build out a listing page online. This reason it’s beneficial to use your own real estate website is that it gives you a dedicated place to refer to on all of the other online channels, such as LoopNet or your email campaigns. Your website is the foundation for all of your digital marketing efforts. A joint study by Google and Loopnet has shown that almost 80% of tenants and investors search for commercial real estate online. This means your website is critical to gaining brand visibility, acquiring prospects, and helping drive sales and lease-up efforts for your company.
Online Listing Websites
By far the most popular listing website for commercial property is LoopNet, but there are also several other niche listing services such as CCIM, CityFeet, TotalCommercial, and many more. The residential MLS also includes a commercial real estate section, which shouldn’t be discounted.

When faced with an abundance of different marketing practices, it can be all too easy to fall into the trap of spreading your game plan thin and lose focus on those core goals. By keeping yourself organized with a detailed plan of attack, you’ll set yourself apart from other brokers and stand out in the eyes of your prospects and clients.

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Residential Agents: Do You Know Your Strength & Weaknesses?

As real estate agents in the Fort Worth area we know how difficult it can be to manage client expectations. We want to be all things to everyone and sometimes that’s just not the case. We can better serve our clients by providing them with the most knowledgeable and best staff capable to meet their needs. Partnering with Angmar Realty sets you apart and allows you the flexibility to position yourself as a full service agent or agency that will exceed expectation when it comes to managing your residential and commercial listings.

Most residential agents focus on only residential and can often fall short on knowing all the facets of the commercial real estate business, thus hurting their clients in the long run. The same goes for commercial agents who are trying to pursue residential properties. As a solution to these common problems, Angmar Realty has recently introduced new Residential Lunch & Learn Events where we will discuss the strengths and weaknesses that we have as both residential and commercial real estate agents. Our goal is provide you with in-depth knowledge on how commercial properties are bought, sold, and leased in your markets and vice versa.

During these events we will discuss topics such as:

  • Helping you & your clients to have a better understanding of Commercial Markets.
  • How to become a full service Real Estate agent knowing your commercial clients can & will be taken care of properly.
  • What tools and tactics it takes to become and serve as a Commercial Real Estate Agent.
  • Better understanding of how to qualify a commercial listing and referral
  • Competitive Referral Schedules and how they work
  • Your Most pressing Commercial Real Estate Questions Answered

Working as a team will show our clients that we all have the complete knowledge of the real estate industry and are willing to go above and beyond for our clients. By partnering with Angmar Realty and attending our upcoming residential lunch and learn events you can rest easy knowing that your clients will be served in the quickest and most professional manner possible, making you leaders of your industry. We hope you’ll join us at our next event on February 24th at Southern Oaks Golf Club and we look forward to meeting you!

For more information on Commercial Real Estate tips, listings and news follow us on Facebook or Twitter.

Click here to view our next event flyer.

Is Investing In Commercial Real Estate In Texas Right For You?

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Two of the main things that keep potential Texas Commercial Real Estate Investors out of the game are time and money. Most people who would otherwise be inclined to invest in Commercial Real Estate in Texas don’t do so because they are afraid they either don’t have the money or credit to start or will take up too much of their time. The good news is, both of these two things can be avoided.

Money

Let’s talk numbers first and financing Commercial Real Estate in Texas. When people first think of getting into Commercial Real Estate they think that they have to already have huge sums of money just to enter the game.

This isn’t true.

In today’s Texas Commercial Real Estate environment, there are plenty of people who would be willing to back you IF the deal is good enough and if they see themselves making a tidy profit from the deal. Also, banks have been more open to making Commercial Real Estate deals in the past few years due to the rebound of the economy.

So, as far as money goes, you have some options. If you are willing to do your research and find a property that really makes sense money will follow. Remember, if the deal is good enough, people will want in on it.

Time

People who are afraid that investing in Texas Commercial Real Estate more often than not envisions themselves cold calling property leads on the phone for long hours. They think that investing in Texas Commercial Real Estate basically means a huge time commitment with no real payoff. This will lead to them spinning their wheels, getting frustrated and eventually deciding that investing in Commercial Real Estate just isn’t for them.

Work smarter, not harder

Don’t be fooled, investing in Commercial Real Estate does take some time, but it isn’t as much as you would think. Start small, start calling a few property leads a day, start sending out direct mailers, start a website. Whatever you do, just start small. What this will allow for is small wins. When you start experiencing small wins you will work harder and harder and start experiencing bigger and bigger wins thus launching your Commercial Real Estate Investing goals through the roof.

Wrap Up

To succeed in Commercial Real Estate investing in Texas you must have 3 things:

  1. Willingness to learn
  2. Ability to bounce back from mistakes
  3. People oriented

Let’s face it, not every Texas Commercial Real Estate deal you do is going to be a grand slam of a deal. People make mistakes, we’re all human. What successful Commercial Real Estate investors do though that separates them from the pack is that they learn from their mistakes and come back even stronger on the next deal. Successful investors don’t let the small things get them down. They keep a positive but realistic attitude and know how to find good deals over and over again through their experience of past wins and even more importantly, their past mistakes.

Don’t let money or time get in the way of you investing in Commercial Real Estate in texas. Always remember, if there is a will, there’s a way. Work hard, learn and find ways to make deals happen……do these and you will be successful!

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Angmar Realty Joins CREW for a Cinco De Mayo Golf Tournament!

Angmar Realty Advisors join CREW Fort Worth for “Crew De Mayo”!

This “Nacho Average Golf Tournament” will be held on May 5th, 2015 at the Southern Oaks Golf Club in Burleson, TX.

Registration starts at 10:30am and Tee Off will be at 12:00pm

Tournament activities will include lunch, happy hour and dinner. All proceeds will benefit CREW Fort Worth’s Leadership and Professional Development initiatives including the Carla Higgins Memorial Scholarship.

For sponsorship opportunities, please contact
Chris Brooks at (817) 712-2690 or Monica Luera at (817) 810-5304.

Tickets:

  • $700.00 Team of 4 Tickets
  • $175.00 Individual/Single Player Ticket
  • $35.00 Dinner Ticket
  • $15.00 Lunch Ticket

CLICK HERE TO GET MORE INFORMATION OR TO REGISTER YOUR TEAM!

Top 5 Reasons to Become a Commercial Real Estate Agent

Ask yourself 3 questions:

  1. Do you enjoy working with people?
  2. Do you feel stuck in a 9-5 job with no potential?
  3. Do you like to be your own boss and not stuck in a cubicle?

If you answered yes to any or all 3 of these questions, being a Commercial Real Estate Agent might be the perfect career choice for you. Being in the Commercial Real Estate business is tough work, it is definitely not for the faint of heart, but the potential rewards are well worth it.

Here are the top 5 reasons why you should become a Real Estate Agent:

1. Flexible hours

Probably the most well known advantage of being a Commercial Realtor is that you are essentially self-employed. Many agents choose to work as independent contractors. You are essentially your own boss, ideal for an entrepreneurial spirit. You set your own hours and can work them as flexibly as you like. As an agent, you will likely have unlimited earning potential.

This does mean, however that you may not be able to go on vacation at a moment’s notice. Though the field is time-sensitive and clients like constant updates, you can enjoy more wiggle room in your schedule than other professionals.

2. You can work with a lot of different people

If you are a “People Person”, then you will need to seriously consider a career in Commercial Real Estate. Commercial Real Estate agents deal with a lot of different people every single day. They are always on the phone and meeting with new clients, title companies, loan officers and other agents.

One of the keys to a successful career in Real Estate is the ability to make connections. If you are an interesting, likable person that can carry on a conversation with everyone, your connections will grow and so will your referrals. This business is built on referrals, and the more people like you, the more they will refer you  to their friends and family.

3.  It’s a natural fit for people with an entrepreneurial spirit

If the thought of working for yourself is what really drives you, you’d be in good company in the Commercial Real Estate business. Most Commercial Realtors work for themselves. While they might work for a broker or company, most Commercial Realtors work on commission. This means that to make it in the Commercial Real Estate business you must have the entrepreneurial drive to go out there and get business. While this is great for people who are naturally aligned for this, it is scary to some. To have a successful career in the Commercial Real Estate business, you must be open to some risk in exchange for possible huge earnings.

4. You can raise your family and still have a career

A lot of Commercial Realtors are the main providers for their families. the good thing about being a Commercial Realtor is that you can have a career and a family and not have to sacrifice one for the other. Does your son or daughter have a soccer game in the afternoon? Great! You would be able to go and watch it with a career in Commercial Real Estate.

5. Unlimited income potential

Since World War II,  some of the wealthiest people in the world have made their money in Commercial Real Estate. To have a successful Commercial Real Estate career you need to be business savvy, hard-working, willing to take risks and fortunate. Remember, there are others who would also like to become wealthy in real estate and will be submitting offers and finding buyers for properties just like you will. It is important to think carefully of how you will succeed in this ultra competitive  business through better wits, a superior management system or by finding your specific niche market.

If a career in Commercial Real Estate interests you, We Are Hiring! We are  looking for qualified sales‬ agents with 3 or more years of experience in commercial real estate leasing and selling! Please submit your resumes to aaron@angmarcompanies.com

For the latest CRE news, tips, listings, advise and more follow Angmar Realty on Facebook or Twitter.

 

© 2014 AngMar Realty, an AngMar Company.