Who Are Real Estate Consultants?

Real estate consultants are accredited, licensed, knowledgeable, and experienced professionals that understand the market, value principles, and the forces that affect them.  

Some may claim to be consultants but do not have accreditation, licenses, or a designation of any kind, and should be avoided. (Bowen & Associates Ltd. is fully designated, accredited, & licensed.)

What does a real estate consultant do?

A real estate consultant simplifies complex real estate and property issues providing the client with a detailed report, analysis, recommendations, advice, or guidance to make informed property-related decisions.

The consultant first assesses the client’s problem, needs, and objectives. Given these objectives, the consultant will determine what type of analysis is necessary and how comprehensive it needs to be. This may include market, highest & best use, land utilization, feasibility, and investment analysis. These studies will be explained in detail within later discussions. From the analysis, a use-strategy or implementation strategy is developed and communicated to the client.

A consultant is essentially a strategic advisor. Clients could be a user in search of a site, a property owner looking to understand its site’s best potential use, an investor in search of an opportunity, or a developer looking for direction.

If you have any further questions or would like more insight into this process, please contact us.