What is Real Estate Consulting? NY Consulting Team

I've been interviewing with several NYC real estate shops for a first job out of college, and have come across several jobs on real estate "consulting" teams at firms like JLL and Newmark. What exactly do these consulting teams do? Do they get contracted out to other companies like Big 4 real estate teams, or do they work internally for production teams?

Trying to get an idea of the type of work, demands, and exit opportunities from an analyst role on one of these consulting teams. Thanks for any help.

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Hey Realzstates96, I'm the WSO Monkey Bot and I am sad to say, but this thread is lonely, so thought I'd post in here to try and help out. Some potential topics that might help:

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  • BROKERS: What Is Your Compensation In Real Estate? paid when a deal is finalized? If so, what happens if you're on a shit team but you're a rock ... is your comp structured? On average, what are you pulling in year 1 and subsequent years? Do you get ... Seen similar posts about RE comp in general. I'm very curious to hear from the ...
  • Multi Family Investing- New York City and first time real estate investing in general? Is there any advice you would give to someone like ... Thought this would be a good place to post some general questions as a real estate novice and ... that and I know this is currently a controversial, in-limbo subject in NYC, so there's that. ...
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I hope those threads give you a bit more insight.

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

As per my opinion, Real estate consulting means to help clients assess their existing and future space needs and develop a plan for executing their real estate and facility goals. To provide technical analysis tailored to the type of investment, the location of the project, the financial considerations, and the strategic goals of our clients. It means also to provide market information through demographic analysis, detailed property information, market rents/sales prices, and comparable sales.

 
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