The Commercial Real Estate Industry touches virtually every aspect of business in the United States and most of the free world. Very few companies can grow without acquiring more land or additional office space, patients can't use the services of a hospital unless it's constructed and consumers can't shop at a Wal-Mart without the development of Real Property.
Commercial Real Estate encompasses all aspects of sales, leasing, management, investment in or improvement of retail property, investment property, farmland, businesses, industries, medical facilities and dozens of other types of property. Our job in the industry is to assist in the lease, management or sales of property, and to advise our clients of their best courses of action when deciding how to invest in or improve real property or a commercial asset.
Commercial real estate agents and brokers work with individuals, investors, organizations and corporations to develop property to its highest potential. Our careers include many specializations. Some commercial associates specialize in particular types of property, such as office property, developable farmland or even amusement parks. Other commercial associates specialize in particular forms of consulting work for Real Estate Investment Trusts, insurance companies or utility companies. Still others work in specialized areas such as resort management or assist government agencies with redevelopment of industrial sites or reclamation of land.
The path you choose to take now, venturing into a career in commercial real estate, may open many unexpected doors in the future.
Upon completion of this course, the student should be able to understand: