Can a residential realtor sell commercial property in Florida?

Do you need a license to sell commercial real estate in Florida?

Business Brokers in Florida are required to have an active FL real estate license, hung with their Broker of choice. While we don’t sell houses, we do occasionally sell commercial real estate, but only when a business that we have listed is selling their commercial real estate as part of their assets.

What is considered commercial real estate in Florida?

While laws differ from state to state, in general if the property you are purchasing will have more than four residential units, you are purchasing a commercial property.

Who makes more money commercial or residential real estate?

Earnings: Commercial property tends to present a higher earning potential than residential real estate. Although it is easier to get a residential property off the market, commercial agents can make a higher commission from the properties they sell.

How much money does a real estate agent make in Florida?

Average Florida Real Estate Agent Income:

Average Salary: $94,076.

What is the difference between commercial and residential title?

With so many names, what exactly are the differences between these units? The answer: the land title. The title for a condo is residential while that for a serviced apartment, SoHo, SoVo, SoFo and SoLo is commercial.

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Why do people use commercial real estate as an investment strategy?

Often, core investors favor yield over appreciation and will view real estate as a relatively safe place to invest capital. This investment approach can be seen as an alternative to bonds — with the added benefit of being backed by a physical asset — and offer a potential hedge against inflation.

Is it better to buy commercial or residential real estate?

Any type of property, whether it’s commercial or residential, can be a good investment opportunity. For your money, commercial properties typically offer more financial reward than residential properties, such as rental apartments or single-family homes, but there also can be more risks.

Is now a good time to buy commercial real estate?

The dollar volume for commercial real estate in the U.S. was 57% lower year over year in the third quarter of 2020. So it should be easier to find a commercial property right now — especially compared to other assets on the market.

What is a good rate of return on commercial real estate?

The average return on investment differs based on property investment strategies. Residential real estate has an average ROI of 10.6%, commercial real estate has an average return on investment of 9.5%, and REITs have an average return of 11.8%.