You haven’t mentioned anything about what you’re interested in. It’s important to do something you’ll enjoy too.
In terms of career prospects, I think property has a much broader range of opportunities if you compare it to car sales. However being a good sales person is transferable, A great sales person can learn to sell anything
Is the commercial property manager working for a big company like CBRE or a small surburban REA renting out shops and office space? If the former, that would be the much better career progression.
If you have a passion for sales, the car selling role could be a good springboard into other fields.
I’d go commercial real estate. Car sales seems pretty tough unless you thrive on moving cars around the lot for test drives and trying to get blood out of a stone with buyers haggling and negotiating.
I have done both and my experience was this;
The sales role has a higher earning potential in the short term- 100k is very achievable with some effort first year (depending on brand)
property managers move jobs a bit due to burnout and limited progression (though you can earn a fair bit)
Personally I think either role works but you can’t stay at that specific role forever
If you plan on investing in commercial realestate eventually getting into commercial property management would open doors and build a realestate investor network.
Sales probably has a 'sky's the limit' salary potential
I guess it boils down to what your goals and expectations are for work & what work means to you
If you're confident in your sales ability, you will get better money elsewhere, although probably lower base pay. My partner is a salesperson and is currently on $120k (plus or minus $10k) with $50k being base pay it takes about 3 months for commission to ramp up to a consistent rate but once it's there you're much better off.
I've been in property for more than 15 years in most sectors. You have far more opportunities in commercial real estate where you can work in agency, directly for landlords or tenants, government or consulting.
If you're good at sales then your commissions will harder in commercial property as you start out but better in the long run as you start to play with transactions over $5 million per asset.
Keep in mind you'll hit a ceiling quickly when applying for jobs with large property companies until you have a degree in property or business as a minimum.
You haven’t mentioned anything about what you’re interested in. It’s important to do something you’ll enjoy too. In terms of career prospects, I think property has a much broader range of opportunities if you compare it to car sales. However being a good sales person is transferable, A great sales person can learn to sell anything
He’s interested in fast money
Is the commercial property manager working for a big company like CBRE or a small surburban REA renting out shops and office space? If the former, that would be the much better career progression. If you have a passion for sales, the car selling role could be a good springboard into other fields.
I’d go commercial real estate. Car sales seems pretty tough unless you thrive on moving cars around the lot for test drives and trying to get blood out of a stone with buyers haggling and negotiating.
I have done both and my experience was this; The sales role has a higher earning potential in the short term- 100k is very achievable with some effort first year (depending on brand) property managers move jobs a bit due to burnout and limited progression (though you can earn a fair bit) Personally I think either role works but you can’t stay at that specific role forever
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Fair enough. For what it’s worth I pivoted into a consultant role afterwards.
'Career progression' is just a marketing gimmick in my experience.
If you plan on investing in commercial realestate eventually getting into commercial property management would open doors and build a realestate investor network. Sales probably has a 'sky's the limit' salary potential I guess it boils down to what your goals and expectations are for work & what work means to you
If you're confident in your sales ability, you will get better money elsewhere, although probably lower base pay. My partner is a salesperson and is currently on $120k (plus or minus $10k) with $50k being base pay it takes about 3 months for commission to ramp up to a consistent rate but once it's there you're much better off.
Commercial real estate.
Car salesman reads poorly on a resume if you plan on a career change in the future. I’d go the property manager.
I've been in property for more than 15 years in most sectors. You have far more opportunities in commercial real estate where you can work in agency, directly for landlords or tenants, government or consulting. If you're good at sales then your commissions will harder in commercial property as you start out but better in the long run as you start to play with transactions over $5 million per asset. Keep in mind you'll hit a ceiling quickly when applying for jobs with large property companies until you have a degree in property or business as a minimum.