Most of us go to school early on in life and then work in the field we studied. This means we may lack the skills and knowledge to invest in real estate effectively. If you want to start a real estate business later on in life, real estate consulting may help you make sound decisions as you pick the right property.
In addition, consulting offers neutral, disinterested advice. Players in the Real Estate game have their own priorities, tied to their remuneration. For example, realtors get paid on making a sale. This may create bias that isn’t in the interest of the investor. When you hire a consultant, advice you receive is neutral, because the consultant isn’t paid on a commission.