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What is a real estate consultant and how to become one
Real estate consultants have a special role to play in the acquisition or sale of land. They would likely set an hourly rate for customer services and enter into a consultation arrangement with them. In comparison to a conventional real estate agent, consultants are optional for customers.
The main duty of a real estate consultant is to assist buyers during the buying or sale process to help them accomplish their objectives. This assistance may include analyzing emerging developments in the market and potential acquisitions, including a wide variety of financial portfolios. Whenever a customer is involved in a house, the agent can also assess its existing state and compare its valuation.
There is no fixed educational prerequisite to becoming a real estate consultant after high school graduation since you can work as an individual consultant or as an entity. Many individuals in this area receive their real estate licenses within their states. General criteria include being at least 18 years old, attending real estate courses, and completing a certification examination. To demonstrate your qualifications as a real estate agent, you can apply for certification through the International Association of Real Estate Consultants.
What general advice would you give to a Real Estate Consultant?
Dave Bunton
President, The Appraisal Foundation
Avg. Salary $92,358
Avg. Salary $59,228
Growth Rate 5%
Growth Rate 0.3%
American Indian and Alaska Native 0.32%
Asian 6.97%
Black or African American 5.39%
Hispanic or Latino 13.52%
Unknown 4.32%
White 69.48%
Genderfemale 38.46%
male 61.54%
Age - 50American Indian and Alaska Native 3.00%
Asian 7.00%
Black or African American 14.00%
Hispanic or Latino 19.00%
White 57.00%
Genderfemale 47.00%
male 53.00%
Age - 50Stress level is manageable
7.1 - high
Complexity Level is challenging
7 - challenging
Work Life balance is poor
6.4 - fair
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Real Estate Consultant career paths
Key steps to become a real estate consultant
Explore real estate consultant education requirements
Start to develop specific real estate consultant skills
Skills Percentages Customer Service 10.65% Real Estate Market 9.45% Project Management 5.58% Financial Analysis 5.49% PowerPoint 5.29% Complete relevant real estate consultant training and internships
Accountants spend an average of 6-12 months on post-employment, on-the-job training. New real estate consultants learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a real estate consultant based on U.S. Bureau of Labor Statistics data and data from real real estate consultant resumes.Obtain the necessary licensing
Becoming a licensed real estate consultant usually doesn't require a college degree. However, you need to pass an exam to become a licensed real estate consultant in most of states. 34 states require real estate consultants to have license for their work. You can see the list of states below.State Education Exam License Url Maryland Degree required State exam required REAL ESTATE SALESPERSON Arkansas Specific course required State exam required Real Estate Salesperson California Degree required State exam required Real Estate Salesperson Connecticut Specific course required State exam required Real Estate Salesperson Delaware Degree required State exam required Real Estate Sales Agent Research real estate consultant duties and responsibilities
- Manage all accounting, cash management, budgeting and financing for individual LLC's and for corporate entity.
- Help to initiate partnership with Fannie Mae to monitor and sell their REO homes.
- Develop PowerPoint presentations and marketing materials to maximize potential client's interest.
- Create and deliver sales presentation for perspective clients, including PowerPoint presentation specific for the individual and property.
Prepare your real estate consultant resume
When your background is strong enough, you can start writing your real estate consultant resume.
You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a real estate consultant resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.
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Apply for real estate consultant jobs
Now it's time to start searching for a real estate consultant job. Consider the tips below for a successful job search:
- Browse job boards for relevant postings
- Consult your professional network
- Reach out to companies you're interested in working for directly
- Watch out for job scams
How Did You Land Your First Real Estate Consultant Job
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Average real estate consultant salary
The average Real Estate Consultant salary in the United States is $92,358 per year or $44 per hour. Real estate consultant salaries range between $61,000 and $138,000 per year.
What Am I Worth?
How do real estate consultants rate their job?
Real Estate Consultant reviews
My own schedule and meeting great people.
No guarantee on income or relevance
Flexible Schedule. Accompanying New Agents with business operation skills, critical communication skills, contract negotiation, problem solving, proactive approach to obtaining purchase agreement, assisting brokers with avenues to increase network for sales agent, conducting feasibility study for outmoded business models, providing ongoing business operation training, training programs for leadership/business development, building trust for agent sustainability.
Continuous solicitation of businesses to sustain. Louisiana has small window for Real Estate Consultants.
Flexibility and potential for making great money.
Not knowing where my next paycheck is coming from. Being unemployed in between clients.
Updated January 8, 2025
