The Housing Chronicles Blog: Special consulting offers at MetroIntelligence to start out 2011!

Monday, January 3, 2011

Special consulting offers at MetroIntelligence to start out 2011!

As a way for new clients to become familiar with the consulting work produced at MetroIntelligence Real Estate Advisors, they're offering an introductory special to start off 2011. Here's a summary of their most common consulting assignments and the special pricing you can expect as a new client:

Reality Check

Whether you call this a gut check or a reality check, the goal is the same: an objective opinion on the merits of the real estate project in question.

Cost: $100 to $300/hour depending on the complexity of research.

2011 Introductory Special for New Clients: 25% off customary fees

Turnaround time: A few hours.

In-House Feasibility Study

What is the current competitive posture for pricing and absorption in the appropriate market area? Is it wise to spend more money on the due diligence required to close the deal?

Cost: $2,000

2011 Introductory Special for New Clients: $1,500

Turnaround time: 1 to 2 days


Intermediate Feasibility Study

By combining the insights gained from in-house analysis and conducting an on-site visit, we can get a much better sense of locational issues as well as key competitors impacting your project.

Cost: $3,500

2011 Introductory Special for New Clients: $2,625

Turnaround time: 2 to 3 days


Competitive Market and Economic Overview

By tapping the expertise of our colleagues at Beacon Economics along with insights gained from in-house data analysis and field research, we can then review the assumptions the client has made for the project's revenue, sales rates, local job growth and where their buyers will be coming from.

Cost: $6,500+ depending on complexity of the analysis and the project's location

2011 Introductory Special for New Clients: $4,875+

Turnaround time: 5 to 10 days


Opportunity Analysis

Has the client selected the appropriate product for this particular building site? What other options should they consider? This option can also include consumer research and focus groups.
Cost: $9,500+

2011 Introductory Special for New Clients: $7,125+

Turnaround time: 10 to 20 days


Demand Analysis


Who are the client's buyers for their product in that particular price range? From where will they be coming, where do they work, and how do you translate them into buyers?

Cost: Variable depending on scope and complexity of assignment

2011 Introductory Special for New Clients: 25% off customary fees.

Turnaround time: 10+ days


Affordable Housing Market Study


These studies generally conform to the guidelines set forth by state governments or the Dept. of Housing and Urban Development. Builders of affordable housing must include them as part of their application packets for tax credits, tax-exempt bonds or HOME Funds to prove there is a need for their proposed project at a specific location.

Cost: $4,000 to $7,500 depending on complexity of proposed project, income levels and populations served.

2011 Introductory Special for New Clients: 25% off customary fees.

Turnaround time: 5-10 days

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