All About Careers in Real Estate Consulting
Real estate consulting jobs include work in a variety of areas such as appraisal and valuation, entitlement services, portfolio strategy, enterprise M&S, workplace strategy, location footprint strategy, site acquisition and analysis, among others. Professionals who take positions at real estate consulting firms typically possess expertise in a specialized area of real estate for which they’re hired to handle project-specific client engagements.
Search our list of jobs in real estate consulting and appraisal or use our advanced search page.
Typical Titles Real Estate Consulting Jobs
There is no industry convention for titles in this area of real estate.
Where They Work
Consultants most often work for real estate consulting firms, real estate advisory firms, or independently as freelancers. These professionals are engaged in a variety of projects, which can be highly dynamic and varied in nature. Project engagements may be on-site at the client’s location or conducted remotely, and the duration of these projects can range from a single day to several years, depending on the complexity, scope, and size of the assignment. This flexibility allows consultants to tackle a wide array of challenges and provide tailored solutions that meet the unique needs of their clients.
General Duties and Responsibilities
Duties of consultants are wide and varying depending on the company, specialization, and project. For instance, a consultant hired to complete the year-end appraisal of a portfolio of real estate assets would have duties and responsibilities related to completing the valuation process per the company’s requirements.
Common Requirements
As with duties and responsibilities, the requirements of a consultant depend largely on the engagements the consultant is required to undertake. Nevertheless, in general an advanced degree and/or specialized skills are necessary to secure real estate consulting projects. At minimum, a Bachelor’s degree and experience in real estate are prerequisites to get into real estate consulting.
How Much do Real Estate Consultants Make?
See our section on salaries in real estate for more information.
Keys to Success
Successful consultants excel in their specialized areas, making them highly sought-after by real estate companies and consulting firms. Their expertise and proven track record in delivering high-quality results set them apart in the industry. Individuals aspiring to pursue a career in real estate consulting should focus on developing deep knowledge and skills in a specific real estate discipline. By becoming an expert in a particular niche, they can enhance their marketability and attract opportunities for challenging and rewarding projects. Continuous learning and staying updated with industry trends are also crucial for maintaining a competitive edge and achieving long-term success in this field.
Conclusion and Resources
In conclusion, real estate consulting jobs offer a diverse range of opportunities for professionals with specialized expertise in areas such as appraisal, valuation, portfolio strategy, and more. The roles and responsibilities of consultants vary greatly depending on their specialization and the specific projects they undertake. Success in this field requires a strong educational background, relevant experience, and a commitment to becoming an expert in a particular real estate discipline. For those interested in pursuing a career in real estate consulting, focusing on these key areas can lead to rewarding and sought-after positions in the industry.
Explore our job listings in asset management and portfolio management or utilize our advanced search page to find your next career move in real estate consulting. In addition, if you are looking for a consultant, check out A.CRE Consulting to find a deal-seasoned advisory team.
To further help you as you plan your career, we’ve developed a variety of these career and education resources here at A.CRE that we’ve found valuable as we’ve blazed our own career paths (see below). Moreover, for those ready to actively pursue new opportunities, consider using our Cover Letter Composer tool. This custom GPT is designed to help you craft compelling cover letters tailored to various roles in commercial real estate, enhancing your applications and improving your chances of landing an interview in this competitive field. Utilizing resources like this can be a significant step towards advancing your career in CRE.
CAREER RESOURCES AT A.CRE
- A.CRE Commercial Real Estate Job Board
- Day in the Life Series
- General Content on Careers in CRE
- Help with CRE Interviews
EDUCATION RESOURCES AT A.CRE
- A.CRE 101
- Deep Dive Series
- Glossary of CRE Terms
- Series on Graduate Programs (MBA and Masters) in Real Estate
- Learn real estate financial modeling with the A.CRE Accelerator
Frequently Asked Questions about Careers in Real Estate Consulting
What do real estate consultants do?
Consultants handle specialized, project-specific client engagements such as appraisal and valuation, entitlement services, portfolio strategy, location analysis, workplace strategy, and more. Duties vary based on specialization and project scope.
Where do real estate consultants work?
They typically work for real estate consulting or advisory firms, or as independent freelancers. Projects may be on-site or remote and can range from a single day to several years.
Is there a standard title for real estate consulting roles?
No, there is no industry standard for job titles in real estate consulting. Titles vary depending on the firm, role, and area of specialization.
What qualifications are typically needed to become a consultant?
Most roles require at least a Bachelor’s degree and real estate experience. Advanced degrees and specialized skills are often necessary for more complex consulting engagements.
How much do real estate consultants earn?
Earnings vary based on specialization and experience. For detailed information, refer to A.CRE’s section on salaries in real estate.
What makes someone successful in real estate consulting?
Success comes from developing deep expertise in a specific real estate discipline, continuously learning, staying updated with trends, and delivering high-quality project outcomes.
What kind of projects do real estate consultants typically work on?
Projects include year-end asset appraisals, location strategy assessments, site acquisitions, market feasibility studies, and workplace planning, among others.
What resources are available to help build a consulting career in real estate?
A.CRE offers job boards, career prep tools, a cover letter composer, financial modeling courses, and guides to graduate real estate programs to support your career development.
