But the majority of the residential real estate buyers an agent will small variations between them can make all the difference when it comes. Payday. The commercial sales cycle may be slower, but per-deal commissions are higher, because properties are more expensive and agents get a percentage of. Again, the main difference is actually the property that they specialize in. Residential real estate agents deal with residential properties. On the.
Difference between commercial and residential real estate agent -What is the difference between residential and commercial, you ask? For agents looking to specialize in residential or commercial real estate, however, there are some important differences to keep in mind. Education, Knowledge, and Expertise Commercial real estate involves more than helping people buy, sell, and rent commercial property. A background in finance, business management, or an advanced business degree is well-suited to the requirements of a successful commercial real estate career. Residential Real Estate While both commercial and residential real estate agents work on commission, there are key differences. Finally, specialization can occur for specific industries — such as companies that operate distribution warehouses in the Southwestern United States.
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