If you are an investor who prefers to conduct certain parts of real estate transactions yourself, then a real estate consultant can save you money. When you work with experts in Arkansas real estate consulting, you are working with someone who knows the market.
If you are a savvy investor and can manage some parts of the commercial real estate sales process yourself, you can’t always do it all alone. Get help with the contracts, title search and other technical processes when you hire a real estate consultant in Arkansas.
You can save money by hiring Arkansas real estate consulting services on an hourly or contractual basis. So, talk to our professionals when you need help with the following.
- Market Studies. Macroeconomic analysis that details market conditions, including demand, supply, and pricing or demographic information.
- Feasibility Analysis. Profitability of a project is analyzed to determine if it is achievable in the proposed market.
- Investment Analysis.Compares the acquisition price against future benefits of a proposed real estate investment.
- Highest and Best Use Analysis. Determines the best feasible and legal use of vacant or improved property.
Real estate consultants are professionals in the field who can also conduct appraisal reviews and insurance valuation, among other services.
Real Estate Consultant for the Buyer
If a buyer, especially an investor conducting many transactions, wants to save some money when they buy a retail or commercial property, they should follow the consulting model. This means they can pay hourly to see properties, locate the property on their own, or pay the consultant hourly for assistance with any real estate transaction.
At closing, the commission is rebated since the services used have already been paid for. This can result in significant savings.
Real Estate Consultant for the Seller
A seller can also select the consulting model and prepay a portion of the listing fees. This non-refundable compensation is for the real estate professional’s time to perform the up-front listing task, such as preparing the comparative market analysis and receiving help with pricing the property. Any other services can be contracted with the real estate agent or through your own network.
Contract negotiations, marketing, and all other services that you do not want to do on your own can be paid for per transaction in lieu of a sales commission when the property sells.
Arkansas Real Estate Consulting
Ferstl Valuation Services offers real estate consulting services as well as property appraisals and litigation support. Partner with us for your Arkansas real estate consulting needs and save money on commissions by handling pars of the process you are comfortable with. Visit Ferstl Valuation Services online, or call us at (501) 313-0641 for more information.