Here's how you can transform a layoff into a career growth opportunity in commercial leasing.

I believe such situation needs to be taken positively. It's an opportunity to look within and streamline things. In an industry such as real estate - Commercial leasing is mostly about networking. The more you know people the higher are the chances that you shall be able to match the requirements of either party.

In my experience Post-layoff or taking a voluntary break in career both can be equally exhausting. The abruptness of the situation shall be navigated through significant organisational changes. It is more realistic to focus on cultivating stronger network and equipping oneself with updates instead of rationalising lay-offs.

Embracing change is vital when going through changes. Understand that your skills from previous roles can be valuable in this new field. Start by making a list of skills that you possess that you can bring to the table. Venture out and explore new opportunities. Take a step back and appreciate the challenges with a growth mindset.

Any layoff can be a heartbreaking event for any person, getting a grip of the situation is the first step. You need to come out of the negative news by converting it to a positive thought and venturing into the realty space. Given one`s experience in sales from any background, one can get into the commercial leasing business. Thinking positive about the change is the first step to getting into the stream.

CAREER GROWTH OPPORTUNITIES in REAL ESTATE One of the beauties of a career in Real Estate is the myriads of vertical and lateral moves it can offer. Whether you start in property or construction management, where a greater understanding of the value it creates and diversity of professionals you’ll meet, and friendships you will foster. When I was the President of the New Jersey Chapter No. 1 of the Institute of Real Estate Management (IREM NJ) we shared a greater collective vision of the need to advance a better understanding of our industry and the importance of a new generation of professionals.

Invest in upskilling. Enroll in courses or obtain certifications related to commercial leasing, property management, or real estate finance. Attend industry events, join professional associations, and connect with key players in the commercial leasing sector. Networking can open doors to new opportunities and partnerships.

The real estate sector now requires minimal technical education. Rising demand and population growth will inevitably increase costs, so the real skill lies in identifying rapidly developing regions. During unemployment, commercial leasing is a viable alternative with low initial investment and quick transition. Layoffs can be opportunities to explore new sectors. Successful commercial leasing can be more fulfilling than traditional employment, with an easy exit when a new job arises. This period is ideal for gaining new skills such as relationship building, marketing, and branding. The software boom has sparked interest in entrepreneurship, making commercial leasing a promising opportunity in today's economy.

As the last point says, its pivotal to make connections which could lead to new oppurtunities or even newer career paths. Interactions helps gaining more raw and helpful informations.

Once the decission to get into the commercial leasing business is on, the next step is to connect with all your existing contacts-clients,friends,associates,etc. Staying in touch with industry experts always is helpful, as you can understand the business and get ahead with positivity. You may even end up giving employment to many as this field requires all hands on deck to get ahead. Connect with new people using social media, check for any conferences related to the field, meet developers as many as possible.

Networking is essential so that your peers know what you’re up to and what you’re working on. It’s all very well sending updates/details/progress reports, but nothing beats face to face interactions. Don’t brag, don’t show off, just share what’s going on.

This last point is crucial. Understanding the legal do’s and dont’s is critical. You don’t need to be a lawyer. Just know enough to recognise when a lawyer should be involved.

Today`s day, its all about data and numbers. Check for market sentiments, prepare reports related to a particular market by researching the market, prices, compare projects in the area you are wanting to lease, compare the competition. Understanding the numbers of the related market is always a boon, get into negotiation in real or practice with someone in the field to understand how the price dynamics works.

One thing in specific I would suggest, that identifying skill set which is irreplaceable in nature.& to hone that.Makes the individual in demand & relevant.Alongside working on today’s tech one should keep an eye on changes which are in future & are expected to happen.Instead of being victim of the change,become key talent to execute the change.Be relevant!!