Learning from the Ground Up: How Property Management Became My Stepping Stone into Brokerage.

How I got started in Commercial Real Estate

From dreaming of following my parents in their footsteps to earning $100 commissions, my Commercial Real Estate journey probably wasn't what my parents had in mind when I graduated college. After responding to a job ad without any research, I landed a 'manager in training' position, earning a whopping $27,500 per year salary as a leasing agent.

(But hey, I got a 25% discount on my apartment!)

I learned from the ground up about apartment operations, got promoted to property manager, and even considered a brokerage role, but was wisely advised not to without two years of savings - which I definitely didn't have. So, I saved up and learned as much as I could.

Moral of the story? Sometimes, success doesn't come in the package you expected - but the lessons learned along the way make it worth it.

What does your CRE Broker journey look like?

#crebroker #multihousinginvestments #bostoncre #fbf

3 Things to Consider Before Getting into the CRE Brokerage Business

Starting a career in Commercial Real Estate Brokerage can be a rewarding and challenging experience. To increase your chances of success, consider these three key factors before taking the leap:

🔑 Financial preparedness: Make sure you have at least 12 months of living expenses saved up, as the role is typically commission-based and may take time to start earning a steady income.

🔑Team support: Joining a team or working with a mentor can help you avoid obstacles and gain experience more quickly. While it's possible to succeed on your own, working with a team increases your chances of success.

🔑 Vetting brokerage companies: Not all brokerage firms are the same. Look for a firm that provides an "integrated platform" that offers technology, resources, training, research, and brand recognition to help you conduct your business more efficiently and effectively.

Remember, these three factors are not requirements for success, but considering them before starting your career in Commercial Real Estate Brokerage can greatly increase your chances of success.

Good luck!

#crebrokers #berkadia #adamdunncre #multihousing

I'm back with The CRE Deal Room™ answering questions!

Welcome to the latest episode of The CRE Deal Room™ where we discuss the rapidly changing landscape of technology in the real estate industry.

From prospecting to marketing to transaction management, technology is reshaping how brokers conduct business.

The future of brokerage will be shaped by AI and the top 1% of advisors will leverage technology and personal branding to provide a better service to their clients.

Join me as I discuss the opportunities and challenges facing the industry and how brokers can stay ahead of the curve.

After 12 months of planning and a hefty dose of procrastination, we have The CRE Deal Room™.

Let me know what you think!

Hey Everyone!

My name is Adam Dunn and I am a Managing Director of Investment Sales at Berkadia.

Welcome to The CRE Deal Room. 

In this space, I will be giving you an insider look at Commercial Real Estate from the people who are making the deals. We will go over the good, the bad, and the ugly and share our experiences along the way.

I hope you enjoy this impromptu look and listen to my first deal.

If you'd like to be on The CRE Deal Room Podcast, just send me an email here: [email protected]

I'll see you next time, on The CRE Deal Room.