Consulting is the neutral analysis of real estate data, proposal or opinion; other than an appraisal or review assignment.
The Canadian Uniform Standards of Professional Appraisal Standards (CUSPAP) guidelines must be used if an appraisal is developed within the consulting assignment.
Consulting Services vary such as:
- Lease Analysis and Recommendation
- Land Utilization Studies
- Marketability, Feasibility & Investment Studies
- Specific Claims Consultation and Valuation
- Input on Land Use Planning
- Litigation Support
- Cost Benefit Analysis
- Highest and Best Use Analysis
Key Areas of Consulting:
- Real Property Consulting,
- Market Analysis,
- Cash Flow/Investment Analysis,
- Feasibility Analysis