Realty Bang Advisors & Consulting provides real estate and urban economic consulting services to developers, owners, occupiers, institutional investors, and public sector organizations in Canada. The difference in our team is the expertise of our experienced professionals, who are the foundation of our service offering.
Navigating complex real estate challenges, these professionals are committed to understanding the specific needs of every individual client and implementing solution-driven results.
This ensures that our clients can make real estate decisions using the strategic advice provided by our team, reduce costs, create value, and improve performance.
We have placed our expertise and experience in a wide range of industry areas for your business. From strategic analysis and planning to evaluation and consulting studies, we leverage the strengths of your national network to provide relevant and timely insights to the success of your business.
Our strategic consulting gives you the intelligence you need to react effectively and efficiently to changes in physical, legal, and economic business and investment conditions. Our abilities include:
- Market studies
- Due diligence
- Feasibility Study
- Lease / Purchase Price
- Optimum utilization study
- Realty Tax Appeal
- Business cost review
What is a real estate advisor & consultant?
A real estate advisor is one who gives special investment and financial advice to clients wishing to buy, sell, or invest in a property. They work closely with people during the process of buying and selling property.
A traditional real estate agent, a real estate consultant is completely optional. Although both roles typically require a real estate or broker’s license, a real estate consultant is there to advise clients and provide research and analysis to discover the feasibility of different properties or sites. As they are not involved in the sale of an asset, an advisor cannot change an agent or broker during the actual transaction.
The advantage of using advisors is in the additional services that they can offer, including market analysis/modeling, lease management, and asset management.
Therefore, real estate consultants work with a wide variety of clients, including construction companies, business owners, or third-party investors such as banks or credit unions, and even financial lenders.
Unlike regular agents, real estate advisers and consultants in the US will often set hourly rates for their services when working with clients.
Role of a real estate Advisor & consultant
The primary responsibilities of a real estate consultant are to help their clients through the buying or selling process to help them meet their personal goals. When the first meeting with a client, real estate advisers will expect to speak with them about what their intentions are.
Once the goals are established, the consultant can begin conducting appropriate research to help the client achieve those goals in a timely and cost-effective manner. Ultimately, their job is to have an honest expert opinion on whether a real estate investment or transaction is a sound financial decision.
For example, if a property owner wishes to place a lot in a 30-unit apartment building, real estate development consultants will do some research and compile any relevant reports on their findings with their professional insights.
This analysis may include site-based visits, meetings with local real estate professionals, meetings with city executives or community leaders or officials.
A real estate agent will simply help the customer buy a home because they want to. A real estate adviser will ask the buyer about their specific goals and motivations, which will help them to fit their property. Once a specific property is chosen, the advisor will help the client analyze whether it is a strong financial decision to buy a home with heavy consideration of financial stability and risk aversion.
A real estate advisor can often disclose information to the buyer that the agent did not. For example, they may discuss the owner’s intentions for selling or leasing to their customers, bad transaction data, or anything else that agents do not want to disclose. The role of the counselor is to provide as much detail as the client needs to make its decision so that fewer problems arise later on the road.
Realty Bang keeps your building safe and flexible.
Essential Skills for a Real Estate Advisor & Consultant
Modern real estate advisers must have strong analytical capabilities to effectively evaluate properties and investments for their clients. Strong attention to detail is required to manage all aspects of the consultation agreement.
Also, a real estate expert will potentially work with multiple agents or clients. Due to various people who work with consultants, having an access control service can enter advisory spaces. If you are working with a customer or buyer for a short period, an easy way to share or re-access a property without using an access control service like RealtyBang is to collect keys, fobs, or pin codes It is possible. The advisor can be assured that his properties and his client’s investments are fully protected. An access control system, which can enable various members of the advisory team to enter with their phones or cards, helps a real estate consultant easily manage small details.
Using an access control system for their real estate also helps to keep the property safe and secure. This helps to ensure that only those who have been given access are allowed to enter the property.
How to become a real estate Advisor & consultant?
Real estate advisors are required to have a high school diploma or equivalent. However, many people working in this field will choose to get their real estate license, which will require you to take real estate classes and pass the state license exam. Some real estate advisers will also try a certificate through the International Association of Real Estate Consultants.
Being a real estate consultant can be a useful addition to the services of a real estate agent. They can give their clients invaluable insights into the real value of a property as well as the sustainability of the local real estate market. When a client uses just one real estate agent, they can remember the complete picture of the development that a real estate advisor can provide.