While most people are familiar with the concept of a real estate agent or Realtor, a real estate consultant can be a different story. This type of real estate professional can be considered to be a hybrid between a financial planner and a real estate investor. If that sounds interesting to you, read on below. We’ll cover more about what a real estate consultant is, how this job works, and how you can get started on the career path.
What is a real estate consultant?
First, let’s compare real estate consultants and financial advisors. Put simply, real estate consultants are professionals who specialize in helping buyers and sellers make informed decisions about their real estate transactions. For example, they can help conduct a financial analysis for a particular property or assist with strategic planning when trying to build your portfolio.
Since their role in a transaction is more geared toward asset management, these consultants tend to work with real estate investors rather than residential buyers and sellers. For someone trying to become a real estate mogul, for instance, bringing a consultant on board can be a great way for them to develop a comprehensive real estate investment strategy and set