The 10 Types of Work when hiring a property consultant

So what are the big boys in property consulting offering these days if you have an abundance worth of property. These are the type of work . People also use consultants to find Bandung Property if they wanted to invest there.

So here are the The 10 Types of Work when hiring a property consultant


Market & Marketability Study
The Study that gives an analysis of what is the current market situation of a specific type of property, and how to market should you decide to invest in such type of property


Highest & Best Study
From the name of it you will understand the proximity of facilities in the designated location for example a peace of land you bought or in a process of pitched by the sales. The study will analyze the maximum Return On Investment (ROI) for the utilization of that certain property. It also identify and map whether such use are existing nearby.


Development Feasibility Study
As an investor of property when its a go for development for example a residential of commercial complex. The calculated ROI, IRR based of important assumptions of Capex (Capital Expenditure) and OPEX (operating Expenditure) with assumptions usually from other studies such as Market Study.


Corporate Finance
Gives a hint on how to finance your property in a sensible way, prudently using to create a balanced cash-flow that can give healthy growth utilizing internal finance or external ones.

Corporate Valuation
The study that will measure the current value of the property or company based on several things such as the generated cash flow. Or the future income based on existing plan which is currently in the development phase.All done to give a bottom line value of the property


Debt Restructuring Plan
Your property and your company has large debt and cant pay all of it at once. So an expert must help to analyze a restructuring plan or a rescheduling payment plan which is feasible and can affordable for the company.

Picture source : http://www.banke.ae

Due Diligence
In short terms is checking if everything is cool. The financing of the property,the property manager's competence to run the business, the legal aspects. If it is only legal they call it legal due dilligence. Like a audit but more complex.


Sales & Investment
The consultant's service of helping boost sales for the owner. A targeted number is usually a written target and the consultant must create a Sales Plan and execute it.A consultant can also sell by offering to their existing network.

Market & Communication
Marketing and creating a communication campaign to target the segment that is the objective. Market theory suggest that each segment has a different marketing mix (Product, Price,Place,Promotion) because each product could have different positioning of product.For example : minimalist architecture with luxurious facilities for students is positioned for students demography.


Property Asset Management
Managing a property consist of plenty activities. The goal is how to operate efficiently utilizing i.e service charge income and other income to maintain the property value or increasing it by excellent service.Consultation is also given for plans for the asset that generates optimum value.


Cheers