News: Brokerage

Coaching: Why CRE commissions are so important to you by Rod Santomassimo

Rod Santomassimo, Massimo Group Rod Santomassimo, Massimo Group

Inevitably when I ask someone why they decided to pursue a career in commercial real estate, the vast majority of the time the answer is financial freedom. They feel they can be their own boss and make lots of money. While I am the first in line to support capitalism, ultimately there needs to be some reason other than making a lot of money.

When I first started my career in CRE, my official (not intern, gopher, runner) career that is, I was 25. I simply wanted to pay my bills, learn as much as I could about the craft and party! That was my “why.” Of course as the years flew by my “why” evolved. I wanted to start investing and saving, and I am sure along the way I simply wanted some more “stuff.” Funny, today all I want to do now is purge as much stuff from my life as I can.

Today my “why” is much different. Why? Simple. I want our clients to be in position of achieve their “whys.” Personally I want to insure my children have the luxury of options. I want to give much more than I do today; more time, money and effort. Likewise, I want my wife and I to also have the opportunity to say no when we prefer to and yes whenever we wish. Does this take money, of course it does. But I didn’t build a CRE coaching and consulting organization simply for the money. I choose this path based on what I am trying to achieve in my life.

I challenge you to ask yourself why you too decided to pursue a career in commercial real estate. Just don’t say it was simply for the money. Focus on the way, and the money will come.

Rod Santomassimo, CCIM, is founder and president of Massimo Group, LLC, New York, N.Y.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.