Commercial Property Job Questions & Answers

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What exactly do commercial property mortgage bankers do? Do they need a license? Do they get paid by commission or salary? Average pay for someone starting in the biz? Pros and cons and your overall impressions of the industry?
1 answer - Asked By: ABC - 8/25/2006
I work in a commercial property information company. As part of my job, I regularly have to liase with commercial property agents. Having done the my job ofr a while now, I really enjoy the work that agens do. Is it too late to become an agent. If not, what kind of training is involved?
2 answers - Asked By: zabeonline - 9/22/2007
I have a shop I want to rent out in the northampton area, can anyone recommend a good Commercial Property Management Company in this area please? thank you in advance for your answers
1 answer - Asked By: Joanne - 3/22/2013
I have heard recently due to the property market drop ,the goverment has made a new rule allowing foreign citizens to invest(buy) in COMMERCIAL properties in america and they get green card! What is the minimum amount required ? Is it really that easy?
6 answers - Asked By: - 8/3/2009
I'm interested in maybe becoming an appraiser for housing and commercial properties but I'm confused as how to actually go about doing that. Is anyone out there one and if so are you in Michigan, I know each state has their own set of rules.
2 answers - Asked By: kristonianinstitution - 8/17/2007
What were the economic reasons for these booms and busts of the Commercial Property Market?
1 answer - Asked By: madmax - 11/13/2007
I'm planning on buying a commercial property with the hopes of turning it into a residential accommodation. However, before I get too excited about a potential bargain, is there a cost associated to rezoning a property from commercial to residential? Or is this dependent on your local government? I know it needs to be approved by the towns elected members, but I can’t see any details about cost. If it helps anyone give me some kind of answer, this is for a property in North California. Thanks!
1 answer - Asked By: Simon - 5/31/2006
I have recently decided to start a janitorial service that focuses on commercial properties. While I have successfully owned and operated a business before, I did quite a bit of research and think that I could do very well in this business. I have read many different things online about how to go about obtaining customers for this business, but I wanted to ask from anyones personal experience. Tell me what method you found to be most successful in getting customers for this kind of business. Thank you.
4 answers - Asked By: williamjohnwelch - 9/21/2009
We just moved into this new neighborhood 10 months ago. Behind us was commercial property with a few 1 story buildings that we could not visibly see from the ground. 4 months into living here, a contractor started breaking ground for what is now going to be a huge 2 story warehouse with the loading dock right at our back fence. The building is set so far back from their road, that their back wall is about 15 feet from our fence! it's unbelievable how close it is. I blocks about 75?f our view from our patio and is almost taller than the power lines that run across the back of the community. I have a 15 foot utility easement to make things worse. That's half of my yard! Any ideas of what i could build or plant to help block this horrible view?
4 answers - Asked By: jeepchickie77 - 9/15/2007
Long story short, I quit my job today and deleted all the emails I sent and received while I was working there. Is this illegal? Could he press charges? The business I worked at was in a residential home instead of a commercial property and was warned by the county that it was illegal and we would be fined if we continued business there, which the manager has been continuing to work there for a few months. Does that help my case at all?
1 answer - Asked By: Kirsten Stevens - 2/18/2011
I am a teacher who ended up bad credit after borrowing money for college and with the expenses of my child. I have steady income. I need some money to pay off some bills(credit cards,loans, other stuff about a $50,000 debt. I own some inherited commercial property that is worth about 25-30 thousand dollars. I want to remodel the old house on it but I don't have the cash. Also I would like to borrow some money on the place to pay off some bills. I am more than 6 months behind on a lot of my bills. Is it anything that I could do to get some money with bad credit. I have owned this place for 3 years but can't earn any profits off of it because I don't have any money to invest in it. The property is in North Mississippi in a very good location of business. Also I would like to know what type of loan do I say that I need? Th property has never had any liens on it. Any advice would be appreciated! My income is less than 33,000
2 answers - Asked By: singlemomtryin - 10/14/2006
This land contract is on a commercial piece of property (not yet operational business) and it required a balloon payment. I would like to keep this as civil as possible and not incur large legal fees. But the buyer will not respond to my phone calls and is two months late with the final payment, What is the procedure to regain possession of the property? The property is in Wisconsin.
2 answers - Asked By: cheri f - 5/19/2009
I'm a sophmore in college and am interested in commercial real estate. I do know of people who have been laid off from their jobs in this market, but I still want to do more research. I am intrigued at the thought of buying and selling commercial properties but would it become a downward spiral of a job, especially in this economy? ( I live in Dallas, TX if anyone has any input on the particular real estate situation here that would help)
4 answers - Asked By: espandya - 9/14/2010
Can't believe the democrat run state is pacifying big business with all these tax cuts and incentives New York State now has one of the lowest corporate income tax rates in the Northeast. In addition to lower corporate taxes, New York offers a variety of incentives to companies expanding or relocating in the Empire State. These include: Cash Incentives. New York State offers low-cost loans and grants to companies that invest significant capital in the State and commit to the creation and retention of private sector jobs. Terms can be customized to each project; other criteria apply. Emerging Technologies. New York State has enacted tax incentives for: investors in Qualified Emerging Technology Companies (QETCs); job creation by QETCs; and R&D investment, R&D expenses and qualified high technology training costs incurred by QETCs. Investment Tax Credit (ITC). Businesses that create new jobs and make new investments in production property and equipment may qualify for tax credits of up to 10?f their eligible investment. New businesses may elect to receive a refund of certain credits and all unused credits can be carried forward for 15 years. Lower Corporate Tax. 6.5?ate for Qualified New York State Manufacturers. No Personal Property Tax. Unlike many other states, which tax both real property and personal property, property taxes in New York State are imposed on real property only. Personal property, whether tangible or intangible, is exempt from state and local taxes. Real Property Tax Abatement. To encourage development, expansion and improvement of commercial property, a 10-year property tax abatement is available to offset increased assessments due to improvements to business and commercial property. Research and Development (R&D) Tax Credit. Investments in R&D facilities are eligible for a 9?orporate tax credit. Additional credits are available to encourage the creation and expansion of emerging technology businesses, including a three-year job creation credit of $1,000 per employee and a capital credit for investments in emerging technologies. Sales Tax Exemptions. New York State offers exemptions for purchases of production machinery and equipment, research and development property, and fuels utilities used in manufacturing and R&D. Other exemptions may be available through local Industrial Development Agencies (IDAs). Visit your local regional office page for a list of IDA contacts in your area. Single Sales Factor Apportionment. Formula for Taxable Income. http://esd.ny.gov/businessPrograms/Taxes_Incentives.html
3 answers - Asked By: RJC - 4/28/2013
In the future (the far future, as I am 19), I would like to have my own business and own a small store. Specifically, I would like to own a candy shop. That's where I had my first job and it was a wonderful experience. Can anyone buy a commercial property? Exactly how do you start a business? Not counting the commercial space, how much money do you need? Any advice would be appreciated!
1 answer - Asked By: pretty + poisonous - 2/1/2009
I was wondering which rel estate company is best to work with in south carolina to mow yards for? Does anyone know of commercial properties in sc that are looking for bids and people to do landscaping for them?
1 answer - Asked By: Bob Simons - 4/24/2009
I'm looking for large property management companies who manage more than 20,000 SF of commercial office properties. We're a commercial cleaning company who specialize in environmentally friendly equipment & products. We're not franchised & we own all our equipment. We've grown from doing 800 SF offices to whole 600,000 and up SF complexes & office parks. We care for many 'A Class' buildings all over Miami & Ft. Lauderdale and expanding into Palm Beach counties, including Boca. We specialize in Medical facilities because of our unique system. We do a beter job but don't cost any more than our competitors. We will meet with you, talk & write up a proposal at no obligation or cost to you.
1 answer - Asked By: Angel H - 10/10/2006
I ran into someone that offered me a job cleaning 26 offices and 4 bathrooms. She said I would need to be bonded. Which I know nothing about? She said would I be intrested , if so she would talk to her husband and to give her a call. I am really considing it. But I don't know were to start. I have to call this week. I need to know where to get cleaning supplys cheap? about bonding? prices? anything?
2 answers - Asked By: candys2toys - 2/11/2008
Apart from Estate Agents? By properties I mean houses and commercial properties..like shops and offices...
11 answers - Asked By: Daisyhill - 8/11/2008
I currently work as an estate agent and have a background in accountancy. I enjoyed aspects or both the jobs and am currently doing some of my own property investment. I am NOT in a position to make my own property investment work my full-time job but would love, if possible, to work for a company and do this or something similar for a career. You might call it property investment acquisition but am struggling to find these jobs on the internet, what it would be called, how I would get into it and what experience/qualifications I would need.... Any help pointing me in the right direction would be hugely appreciated.
1 answer - Asked By: Adam - 11/23/2012
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Property Manager

Salaries

$26,500.00 - $90,200.00
Typical Salary for Property Manager
(1255 Respondents)
Source: Monster.com Careerbenchmarking Tool

Education / Training

Bachelor's
34.2%
Some College Coursework Completed
26.1%
Associates
13.6%
High School
10.9%
Certification
5.3%
Master's
4.8%
Professional
2.7%
(733 Respondents)
Source: Monster.com Careerbenchmarking Tool

Property Manager

Maintains property rentals by advertising and filling vacancies; negotiating and enforcing leases; maintaining and securing premises.
Rate of Growth
6.00 %
Size of Industry in 2006:
304,000
Source: Bureau of Labor Statistics, May 2006

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