Process & Fees

Process

  1. Prior to a projected panel visit, please complete an “Application for CRE Consulting Corps Assistance,” which provides a summary of the real estate problem for review by the Consulting Corps Steering Committee.
  2. You and the Consulting Corps Chairman will discuss and agree on the scope of the assignment and upon an engagement fee, which will be outlined in a formal engagement letter.
  3. To prepare the Consulting Corps team in advance of their on-site work, we will look to you to provide additional resource materials as needed. These could include maps, market information, and other relevant materials.
  4. Approximately 30 days prior to the arrival of the panel, the Consulting Corps Chairman, with your assistance, will identify and invite resource people (usually between 10 – 30 individuals) to be interviewed by the Consulting Corps team. These interviewees need to represent a cross-section of the community and provide a wide range of insights relating to the real estate problem, including but not limited to planners, developers, advocates, politicians, tenants, or brokers.
  5. A project typically last 5 – 6 days. Upon arrival, we ask that you provide a briefing session to the Consulting Corps team. This would include an overview of the real estate problem being addressed and a site visit.
  6. After reviewing extensive materials, meeting with you, surveying the site, and interviewing the resource individuals, the Consulting Corps team members convene for extensive deliberations on your real estate problem. Pooling their sophisticated experience, talent, and skills, members of the Consulting Corps team then create a strategic plan of action that will guide your way to a real estate solution.
  7. At the conclusion of the Consulting Corps team members’ work, you will meet with the team for a report on their final recommendations.

Fees

The fee for CRE Consulting Corps services is determined by the size, scope, duration, and travel expenses related to the assignment.

The fee is discussed and decided upon between the organization requesting assistance and the chairman of the CRE Consulting Corps Steering Committee. The fee is an administrative fee paid to The Counselors of Real Estate organization. Travel costs are also paid by the organization receiving the services of the CRE Consulting Corps.

The professional services provided by members of the CRE Consulting Corps are extended on behalf of The Counselors of Real Estate organization. Each project requires extensive time and effort, which includes the review of resource materials, site visits, interviews, deliberations, and the presentation of recommendations. However, members of The Counselors volunteer their time so clients retain exceptional service for fees dramatically discounted from current market rates for such high level counseling services.