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Getting Started in Commercial Real Estate: In Today’s Modern Economy, Many Opportunities Exist


Industrial and multifamily properties are hot commercial properties in the Midwest, everything from apartment buildings to warehouses. The region is experiencing an unprecedented real estate boom, and experts don’t see any signs of a slowdown any time soon.

Whether you’re looking to invest in St. Louis or thinking about starting a career in commercial real estate here, let my success with Cardinal Realty Group help you achieve your success. I’m Hal Halstein, President and CEO of Cardinal Realty Group, and I’ve been in the real estate business for more than 35 years.

Investing in Commercial Real Estate

Commercial real estate investment involves a serious amount of money, so it pays to dig more deeply into the property you’re interested in. Ask the previous owners about the rates and fees they had to pay. Talk to other businesses in the area to find out the pros and cons about doing business there. See how they’re doing, whether they plan to renew their lease, and so on.

Take the time to understand the ins and outs of the commercial real estate businesses in St. Louis – or in any other area you’d like to focus on. It also helps to partner with an expert local real estate team.

In St. Louis, the Cardinal Realty Group, are specialists at selling and leasing commercial properties. Our advanced customer-centric services can equip you with the tools you need to make real estate transactions as smooth and hassle-free as possible.

Becoming a Commercial Real Estate Agent

Commercial real estate is a wholly different arena than residential real estate. For one thing, it’s harder to become a commercial property agent, and it can take as long as a year before you can close your first sale. Therefore, patience and perseverance, among other necessary qualities, are a must.

It also pays to hone your skills in both traditional and modern ways of marketing. Examples of the former include signage, print ads, billboards, flyers, and billboards. Modern marketing techniques include web banners, keywords, blogs, Facebook ads, and Google ads. You must also learn to uphold your customer service responsibilities at all times and see a project through.

As for education and age requirements, the state of Missouri requires an agent to be at least 18 years old and have their fingerprints taken and run through. The prospective agent must also meet any one of the following:

  • Be a licensed attorney
  • Attend real estate school and take a 48-hour salesperson pre-examination course
  • Pass both the “general” and ”state” portions of the Missouri broker examination
  • Possess an active real estate license in a different jurisdiction, take the 24-hour Missouri Real Estate Practice (MREP), and pass the “state” portion of the Missouri broker exam

Once you complete the pre-licensing coursework and exams, you may receive your state-administered real estate sales license.

At Cardinal Realty Group, we welcome fresh talents to our roster of commercial real estate agents. If you believe you are ready to begin a career in St. Louis investment properties, please don’t hesitate to reach out to us. With our support and guidance, you can thrive in this exciting area of Missouri.

Call 636.225.0385 for inquiries or email hal(at)cardinalrealtygroup(dotted)com.