What exactly is real estate consulting?

What exactly is real estate consulting?

Real estate consulting is about advising clients on building or investment activities in the market in order to offer them a quality and, transparent choices, both in the types of services that you can receive and how those services can be paid for. A true consultant is trained to provide a thorough needs analysis and then offer responsible options in how those needs can be addressed.

The major differences between consulting and sales:

 The Real Estate Consultants are paid to share their expertise and knowledge to help the consumer to make well informed decision about their investments. They also help their clients to solve their problems. A consultant typically starts a relationship with a new prospect by meeting with him/her to discuss objectives. For example, a property developer might need to learn about the viability of putting in a new commercial floor, while an investment bank may want to diversify into real estate investments. After learning of the client's objectives, the consultant prepares necessary research tools and set out a schedule to perform and report on research. For the property developer, the consultant’s research may involve site-based visits; meetings with government officials i.e. land department, municipality and local real estate professionals, as well as secondary research compiling data that provide direction on broader trends in regional property development. The consultants are paid based on their time, experience, knowledge and research report.

 The Real Estate agent helps clients buy or sell properties and only paid for a complete transaction.

Real estate agent/broker helps a property seller list a property (could be residential or commercial) for sale and same time work with the clients who are looking to buy or lease a property. This involves entering a property in the local real estate multiple listing services and markets the property within the community. This also includes researching properties that meet the client's parameters and then show the client the properties. Agents sometimes offer insights and recommendations on properties and offer prices, the buyer typically directs the preparation of an offer to buy. During negotiation the agents help facilitate offers and counteroffers until both parties agree to a contract. The agents typically get 3 to 4 percent commission on the sale.

 Why to hire a Real Estate Consultant?

Buying a property is one of the best investments a business can make. Although, achieving your way through the real estate market can be intimidating. Not only do you wish to find the right property in the right location but, you also need to find a property at the right price. You must ask yourself; is it worth it to go it alone, or should you work with a commercial real estate consultant? Do You Know a Good Deal When You See One?

 Finding an affordable property can be accomplished in many ways, but you also need to remember no one is going to give the property away or sell it for less than it’s worth. If you are considering buying property directly from the owner, or an off plan property – you may want to think again. Contacting a real estate consultant from Al Ruwad Real Estate could help you bypass some of the pitfalls that can occur when buying directly from the owner. Are You Up On Real Estate Law? Why else should you consider working with Al Ruwad Real Estate Consultant? Unless you are an expert on real estate contracts, you could get yourself in big trouble.

 When purchasing commercial property there are many legalities that need to be considered. Although it may seem like a great idea to buy property without having to pay a real estate agent, you could end up with a property you don’t want or that is in a bad state of repair, among other things. Working with a real estate consultant can help you determine how much you should pay, what types of inspections and approvals you may need, and who will be responsible for specific costs and fees.

 Consulting covers a variety of skills and can be used to reach a variety of outcomes. Sometimes the consultant’s research indicates not to buy or sell at all so the client can make an informative decision about the investment. Consultant can tailor their services based on what the client needs to reach their goals.

 By the way, Al Ruwad Real Estate consultative service is not limited to transactions. As an example, wouldn’t it be great to be able to receive (and pay for) just a couple of hours of objective counsel on the real estate market when you’re not sure what you want to do?

Any agent can call themselves a “consultant”. But if you want the real thing, choose Al Ruwad.

Yasser Abdulkareem

Real-estate Investment and Finance Professional.

9 年

Super like

回复

?????

回复

要查看或添加评论,请登录

社区洞察

其他会员也浏览了