A real estate consultant, otherwise known as a real estate advisor, specializes in sharing informed advice and opinion with clients who intend to purchase or make other kinds of investments in real estate. Real estate consultants often deal with clients who intend to invest in real estate commercially. Hence, they rarely deal with people who invest in real estate for domestic purposes. To be a professional real estate consultant, one must be licensed and sometimes earn a Counselors of Real Estate (CRE) designation. Real estate consultants often function as back-end experts who conduct detailed research or guide their clients through real estate investment decisions. Their advice usually entails a broader scope, as they focus on the overall success of investment decisions rather than assessing them in isolation.

1. The Pros of Hiring a Real Estate Consultant
Stuart Hansen China

2. Introduction
A real estate consultant, otherwise known as a real estate advisor, specializes in
sharing informed advice and opinion with clients who intend to purchase or make
other kinds of investments in real estate. Real estate consultants often deal with
clients who intend to invest in real estate commercially. Hence, they rarely deal with
people who invest in real estate for domestic purposes.

3. To be a professional real estate consultant, one must be licensed and sometimes
earn a Counselors of Real Estate (CRE) designation. Real estate consultants often
function as back-end experts who conduct detailed research or guide their clients
through real estate investment decisions. Their advice usually entails a broader
scope, as they focus on the overall success of investment decisions rather than
assessing them in isolation.

4. Real estate consultants are often well versed and experienced in the property and
real estate market. They also have connections in different segments of the real
estate industry. Therefore, they are the best bet in helping an investor achieve
expert predictions and assessments of their real estate investments.

5. They often have meetings with their clients to determine their immediate and remote
objectives or goals for investing in a particular property or group of properties. The
consultant then drafts a cost-effective and feasible implementation plan upon
determining these goals and objectives.

6. For instance, if a client intends to build blocs of flats on a particular property, the
real estate consultant might conduct market research or engage in other forms of
consultancy. They might set up meetings with the city planners or community
leaders to help their clients determine how lucrative such investment might turn out
to be, putting other factors into consideration.

7. Real estate consultants might also engage in other services that might help their
clients optimize their returns on a particular real estate investment. For example,
they might negotiate to ensure their clients get the best deals from their
investments. However, they do not engage in buying and selling real estate.

8. They advise or help their clients regarding tedious, time-consuming, or complicated
transactions. They make their skills and professional know-how available to their
clients, such that the clients can bypass bureaucratic processes, achieving seamless
transactions.

9. Also, because real estate consultants work with different clients, they often
streamline their consultancy to the type of client at a particular time. A consultant
advising on a property development project starts the consultancy process before the
clients secure the land. Hence, the consultant might be required to visit the site to
discuss with other real estate experts on site.

10. Real estate consultants might also help their clients search for and determine
properties that meet their investment needs. Real estate consultants can save their
clients the drudgery of investigating the market to select a suitable property and
manage the lease or sales agreement.

11. Further, other professionals in real estate investment, like real estate investors,
investment banks, and property developers, often depend on the professional advice
given by real estate consultants. Therefore, one can conclude that real estate
consultants are indispensable in the scheme of things in the real estate investment
process.

12. Finally, the real estate consultant often discloses information that other real estate
professionals might withhold from the clients. For example, the consultant might
reveal the real intentions of the seller of a particular property. They might also
disclose insufficient transaction data or defects in a property or that the estate agent
intends to hide from their client.