Commercial property is considered any kind of property or real estate, which includes buildings as well as land, that is meant to yield a profit. Profit gains can be generated due from capital gains from the property, or from renting or leasing the property. Commercial property examples are office buildings, shopping malls, hotels, and retail stores.

Commercial property management is one of the many jobs and careers that exist within the field of commercial real estate. Generally speaking, commercial property managers are hired to oversee the operation and maintain commercial properties or buildings. Commercial property management is expected to increase by 15% in terms of workforce by 2016.

When an individual decides to enter the commercial property aspect of real estate, it is important to have several things in mind. Firstly, commercial property and real estate will not have the same laws and regulations that apply toward residential real estate; furthermore, there other aspects to consider such as investment concerns and forecasting potential revenues. Therefore, hiring commercial property consultants may be the best route to take.

Commercial property agents are specialized in dealing with the different kinds of commercial property. Furthermore, commercial property consultants will be more focused in analytical data and information rather than dealing with clients on the terms of liking a particular piece of commercial property.

In other words, commercial property’s most important aspect is how it is to produce substantial revenue for the owner, and thus, the emotional process of purchasing this kind of real estate is essentially removed.

Commercial property agents must have an aggressive nature and be willing to work extremely hard in the field. Commercial property consultants will typically have at least an Associate’s Degree in business or hospitality; though no formal education is required. One can attend a vocational school that will provide for the necessary skills and knowledge necessary to pass any state required licensing exams. 

However, more and more commercial property consultants will have Bachelor’s Degrees in related fields. However, much of the success of the commercial property agents will come from their individual personalities and willingness to put in the time and work in their careers, simply because most commercial property consultants work on a commission basis.

When considering investing in commercial property or real estate, it is important that such a venture will differ from that of residential real estate investments. The applicable laws, regulations, financing, and even paper work will be quite different. Therefore, consulting with a commercial real estate agency is probably the best starting point.

Aside from determining one’s goals regarding investments in commercial real estate, it is important to know the ultimate purpose that is to be served by the commercial property. Commercial real estate companies will have the knowledgeable staff and experience to be able in assist their clients find the commercial real estate that best fits their needs within the financial investment limits or budget. 

Aside from such basic considerations, a commercial real estate agency will take into account other aspects of commercial property that will play a factor in the overall success a client may have. Location of the building or property is extremely important, though it will depend on the type of company or business that is to be established. Other important aspects will include the overall square feet of the property or building and when the structure or building was built or constructed.

Commercial real estate companies essentially assist individuals, companies, and corporations find the most appropriate commercial property or building in which they can set up their operation and have success.

Commercial real estate brokers will differ in terms of the responsibilities and overall job experience that they will have in comparison to residential real estate brokers. Commercial real estate brokers will concentrate on selling property and buildings such as office space, hotels, and retail space. Often times, commercial real estate brokers will specialize in particular types of commercial property.

Commercial real estate brokers will typically work in commercial real estate firms, though often times, many of the larger firms will provide for both commercial and residential real estate services. However, the firms that specialize in commercial properties will provide their commercial real estate brokers to work with larger corporations and companies. 

In such a case, commercial real estate brokers, aside from their abilities to sell and close, may also need to be knowledgeable in the realms of research and real estate analysis of the regional, and sometimes, national market.

Commercial real estate brokers will have varying experiences depending on the nature of their position and where and who they ultimately work for. Commercial real estate brokers can sometimes work a typical forty hour work week, though some may put in as much as seventy hours a week. 

Commercial real estate brokers will have extremely good sales skills, but must also have good initiative and people skills in order to be successful in their careers. In order to become a commercial real estate broker, one must obtain the Certified Commercial Investment Member accreditation in order to practice in the field of commercial real estate.