Real estate consultants specialise 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 building your portfolio.

While a realtor helps clients buy or sell properties, a consultant advises their clients on building or investment activities in the local real estate market. If you’ve ever purchased a home or commercial property, you’ve worked with a real estate agent.

Main questions to ask when buying a house:

• What is the monthly cost of utilities? 
• What appliances are included in the sale? 
• Have there been any additions or renovations?
• What’s the risk of a natural disaster?
• Are there health or safety hazards? 
• How old is the roof? 
• Are the major systems of the home in good condition? 
• How much do homes sell for in the area?
• Why is the seller leaving?
• How long has the house been on the market?
• What is the neighbourhood like?

Before you search for a home:

• Figure out what you can realistically afford.
• Take stock of your income, debt, savings, and other financial obligations.
• Use a mortgage calculator to get an idea of the home price and monthly mortgage payments that would work for your budget.

Step 2: Prequalify for the right loan. 

The next move is to meet with a lender to discuss loan options and current interest rates. The lender can provide a prequalification letter indicating the maximum amount the lender is willing to lend you via a mortgage. 

Step 3: Call a real estate agent. 

Once you know what you qualify for, save time and energy by narrowing your search to homes that fit your financial criteria. Try to preview properties online and have your real estate agent show you only listings that are right for your needs and budget.

Step 4: Lock in your mortgage.

After accepting an offer, it’s time to apply for a mortgage. You typically have 45 to 60 days to fulfil your purchase contract — so you will need to act fast, locking in your interest rate and giving your lender time to order a home appraisal.

Step 5: Prepare to close.

Once your mortgage is approved, and at least three business days before you close, you will receive a closing disclosure. It lists the fees you must pay, typically 2 to 5 percent of the home price. Once the loan closes, which may take a couple of days, the funds go to the seller, you get the keys, and the home is yours!

After a thorough analysis of your assets and project goals, we recommend, based on our expertise, how your investment can be increased. Our team of experts and network of designers combine to give a creative recommendation about how best to maximise the investment in a property.

This goal can be reached through a combination of long and short-term strategies- including lease-term analysis, renegotiations, management contract changes, banking relationships, strategic physical improvements, and tax evaluation strategies.

Just as we have the strength to increase the value of a property, we have the means and expertise to save a depreciating one. Our team considers all factors, including your portfolio, needs, limitations, and assets, to determine how best to handle this property.

Whether it’s a redevelopment or a market increase using different management strategies or whether we can make small changes to prepare for a sale. Our team can provide what you need to help with a depreciating property.