cardinal

INSIGHTS

SCROLL

8 Times You Need a CRE Consultant

8 Times You Need a CRE Consultant

“You need help.”

If you are a leader with a real estate portfolio, it is important to know real estate brokers do two things – they inform and transact. If this leaves you wanting more, consider talking to a consultant before hiring a broker. Often, leaders hire a broker, when they think that they are getting a consultant. During a time when real estate has become increasingly complex, executives making this mistake is causing dissatisfaction in the industry.

Since 1979, when Harris Insights & Analytics started polling Americans about the prestige in which they hold various occupations, real estate agents have consistently placed at the bottom of the list. Only car salesmen and politicians rank lower.

But do the Harris findings show that the brokers are not providing a much needed service? After all, the client is hiring the broker to inform and transact. Without them, there is no marketplace. I believe that the broker gets the owner more money and confidence in the sale process than if the seller was to attempt it on their own.

The problem is, the client often does not know how to buy what they need. They hire a broker when the project often requires a consultant who can bring clarity to complex issues through objective and intelligent advice. After that, there is a role for a broker to transact.

Here are the 8 ways that Cardinal consults with leaders to bring clarity to complex real estate issues.

  1. Site location analysis and acquisition
  2. Lease vs. purchase evaluation
  3. Disposition strategy and execution
  4. Strategy and execution on special purpose – contaminated and stigmatized assets
  5. Expert witness
  6. Investment advisory
  7. Market analysis
  8. Portfolio due diligence

 

Do you need a thoughtful, clever, and experienced real estate expert in your corner? Get some help from the real estate nerds at Cardinal Partners at 704-953-5500 or send an email.

P.S. – The findings produced by The Harris Poll have led to significant changes in societal behavior and public policy. For instance, in 1975, a survey about the myths and realities of aging led to the abolishment of mandatory retirement at 65!

Real estate transactions can be fraught with frustration and pitfalls.

Sometimes the hardest part turns out to be working with your broker, the person who is supposed to help you through the complexities. Veteran commercial real estate broker and client advisor John Culbertson discovered that brokers’ interests aren’t always aligned with those of their clients. He realized there was a better way to advocate for clients and get the deal done.

related
INSIGHTS
Subscribe

Stay up-to-date with our latest insights.

TESTIMONIALS

Our clients get senior-level attention.

We’re grateful for our clients. They are extraordinary leaders who have achieved tremendous results. When we think about the companies and people we are fortunate to work with, we are blown away.

Ready to get started?