They also agree to follow a code of ethics. ![]() Advisors with at least 10 years of experience can apply to join. The Chicago-based organization has approximately 1,000 members in 21 countries. The Counselors of Real Estate is a professional organization of real estate advisors whose members carry the Counselor of Real Estate (CRE) credential. Real estate advisors may have one or more designations that indicate some level of professional recognition or training. Real estate advisors don’t need special occupational or professional licenses, although they may be licensed real estate agents. They may also come from the ranks of appraisers, attorneys, financiers, asset managers and others, including long-time real estate investors. Real estate advisors may be agents or brokers who have chosen to devote themselves more to the advisory side of the business than to the transactional side. These fees, similar to those charged by agents and brokers, will be based on a percentage of the sale price of a piece of property. For instance, they may set a flat fee for performing a market analysis of a particular property.Īdvisors may in some cases get part of their compensation from commissions on real estate transactions. Generally speaking, real estate advisor charges usually range from $75 to $150 per hour. Advisors may also charge a flat rate for a specific service. Real estate advisors typically charge hourly fees for their services. ![]() Then the advisor could make recommendations improving amenities, expanding parking, fine-tuning operations, increasing maintenance or other methods for enhancing retention. For example, an advisor may help a client evaluate tenant retention issues with an income-producing property in the client’s portfolio. Generally, a real estate advisor seeks to provide an objective, informed viewpoint to help a real estate investor achieve the best returns on the assets. Study ways to improve tenant satisfaction.Create strategies for operational improvements.Study the feasibility of renovation projects.Some of the services real estate advisors provide can include: Rather than focusing bringing together buyers and sellers and marketing of properties, advisors typically look at how their clients can maximize the value of real estate investments that are already in the portfolio or may be added. He holds a California Real Estate Broker license, is a Certified Commercial Investment Member (CCIM) serving as former President for Greater Southern California and Is an active member of Young Presidents Organization (YPO).Real estate advisors do work that is outside the kind of services typically provided by agents and brokers. Rob received a BA in Business, with a concentration in Marketing, from Eastern Kentucky University (EKU) and an MBA in Finance and Entrepreneurship from Pepperdine University’s Graziadio School of Management. Prior to joining HPA’s executive team, Lee served in founder and principal roles including a real estate investment banking platform focused on institutional capital placement and advisory, and several non-healthcare related real estate investment platforms placing, advising on, or investing in over $4 billion in real estate capital for institutional and private investors. HPA has acquired over $500 million as a team since 2014. With over 20 years of experience in real estate investment experience, Robert Lee serves as Senior Managing Director and part of the leadership team where he leads the firm's efforts in strategy across acquisitions, dispositions, capital formation and transaction structuring. James has been licensed California broker since 1986. Jude Memorial Foundation as well as Vice Chair of various hospital fundraising committees. ![]() His community and civic involvement include being a board member of St. James has a BS in Business Administration with an emphasis in Finance and Real Estate from California Polytechnic University, Pomona, previous Chairman of the City of Brea Planning Commission, Brea Chamber of Commerce Board member, and a Rotarian. In 2014 he merged Val Mesa Management, a firm he co-founded, with The Innovation Institute to create an institutional level real estate investment management company with a focus on medical office property acquisition, development and management. He has principally invested in, developed, and managed numerous medical office assets over the last 30 years. James has deep experience in development, acquisitions, dispositions, construction management and leasing of prominent healthcare projects. As a real estate entrepreneur for more than 30 years, James has become a respected specialist in the medical real estate industry.
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