Wednesday, August 9, 2017

Planning Services | Consulting



Property Planning......
Planning applications frequently attract objections and representation from affected parties and as a results, a property consultant with technical planning knowledge and experience is required to represent the interest of the developer during town planning or appeal hearing. We also assist mining companies in acquiring land and determining complaince with land use legislation where mining licenses have been granted. You also need to have extensive knowledge in managing the process of turning agricultural based land into township land. As property consultants, we are also involved in urban planning which refers to the process of allocating and rezoning land for urban establishment. The process includes consideration regarding the environment, bulk infrustructure (water, electricity and sanitation) and distribution networks, Preparation of technical drawings, maps and illustrations, conducting surveys, measurements and analyzing other data, including working with architects, engineers and engineering technologists. As a property consultant with draughting background, I drew different types of maps such as cadastral, topographical and meteorological. I also copied final drawings and arranged completed drawings to be reproduced for use as working drawings. I have also been involved in a number of community-based development projects, undertaken applications of consolidations and subdivision of land, site development planning, electronic mapping and draughting.


Property Services.....
I'm commonly asked what differentiates the services of a property consultant from that of a real estate agent or property manager. It’s a difficult question to answer on the face of it, because we are also regulated by the Estate Agency Affairs Board and the Property Practitioner Regulation. We also have listings of properties with well worded description, site reports as well as professional photos. The difference would be the type of information included in the listings which consist of business analyses, building performance, etc. We do work closely with real estate agents when identifyimg sites or advertising the properties using signs, the internet and other marketing tools. We analyse the properties while conducting feasibility studies and present those to prospective property owners. We also evaluate sites for development including compiling an extensive property research as well ensuring that the property documentations are in compliance with legislation. We also assist property owner wiih the appointment of competent professionals in the planning and management of properties (i.e town planners, architects, engineers, contractors, etc) while carrying out periodic inspections, Reviewing rental levels, Arranging repairs and maintenance, including structuring and payment of bulk infrustructure services ( electricity, water, sanitation, etc).

Site Inspection......
What was previously a difficult and expensive task for property consultants is now being achieved in a much more cost-effectively way using a theodolite or remotely piloted aerial systems when conducting building survey and inspections of green fields, roofs, steel or timber structures, etc., but sometimes the inspections and survey would require the services of a rope access technician or the use of scaffolding. As a property consultant, I also rely on a series of high resolution images or high definition video of most hard to reach structures. I monitor the footage being gathered on the remote ground station screens to make sure I am getting exactly the images I require. And there’s no longer the need for anyone to leave the ground so the project is obviously much safer. As a property consultant with draughting including mechanical and electrical skills also called a "millwright" technician, I am often asked to inspect sites that are either too hard or too expensive to reach by conventional means. They also happen to be the type of sites which are just too dangerous for everyone else to get close to. Over the years I’ve photographed everything from factories to aircraft hangers and office buildings to schools including mining operations. I usually supply the site reports including footage in ultra high definition, 4K video format to clients, architects, engineers, real astate agents and contractors. I compile site reports which would typically show a small selection of the types of work that I've been commissioned to carry out as a consultant by the property owner. As a property consultant, I also compile site analysis and building condition reports which containing details of the condition of the fabric of the building and these are not a structural engineers reports but it is a comprehensive inspection of the property. These reports will advise clients on the condition and state of repair of the visible parts of the property. They also describes the method of construction where visible, detailing any defects which are apparent at the time of inspection and indicating the need for remedying such defects including areas requiring future maintenance, repair or further inspection will also be highlighted. Proposed alterations will also be included during the consultation prior to survey and inspection.

Business Properties......
Most business owners who own commercial real estate acquire those properties under separate holding companies, so it’s easy to treat the sale of those properties (i.e retail store, workshop, factories or manufacturing facility) differently than the sale of the operating business. Many buyers looking to purchase these businesses may prefer to rent, so even if the operating company owns a property, the owners may prefer selling the property separately or as an option. A real estate agent is a valuable contributor, whether it be on a commission basis during a sale offering, or on a fee-for-service basis as a consultant on how to approach the sale of the commercial property. However, when it comes to preparing an operating business for sale, and managing the transaction process to closing, hiring a real estate agent may not be the best approach. You see, an operating business is far more complex than a structure and land. A business has many dynamics that influence its performance and valuing such a business fairly, for both seller and buyer, is extremely complex – at least when it’s done correctly. I often see such businesses listed in the real estate sections of my local publication and wonder how an owner and the real estate agent could attract a client to buying such a business. As a property consultant, I want to see detailed income statements, balance sheets and cash flows for the past three years as well as a prospectus on the business that covers the history and the future, including detailed financial projections; Non-tangible assets; for example, I want to compare industry information and conduct a competitive analysis including a list of owner benefits; costs that the business absorbs, but benefits the owner on a personal level, such as vehicles etc; Employee performance histories and compensation levels. I’d also want to discuss terms, an asset sale versus a share sale, and explore areas where there may be risks for future litigation, i.e land claims, etc. just to name a few.