Cap Rates Explained in Plain English (and Why They Matter for Your First Deal)
Learn cap rates in plain English. Discover what cap rates mean, how to calculate them, and why they're essential for your first commercial real estate deal.

Learn cap rates in plain English. Discover what cap rates mean, how to calculate them, and why they're essential for your first commercial real estate deal.

Finding your first commercial real estate client doesn’t have to be complicated. In this guide, Michael Simpson breaks down simple, proven strategies to help agents start conversations with property owners, build a pipeline, and land their first deal. Learn how to leverage your existing network, approach the right people, and position yourself confidently in commercial real estate — even if you’re just getting started.

Commercial real estate is evolving quickly — and the next decade will bring major opportunities for those who understand where the market is heading. In this article, Michael Simpson explains the key trends shaping commercial real estate in 2026 and beyond, including the rise of multifamily housing, the expansion of logistics properties, and the transformation of retail and office spaces. Discover how investors and agents can position themselves for success in the next era of commercial real estate.

Think you need a CCIM to start in commercial real estate? Think again. Michael Simpson, Founder of NCREA, explains why credentials aren’t the key to success & how you can start closing commercial deals today without spending years (& thousands).