No Commission Rule:
The first rule to follow in every real estate deal should look for an adviser who does not charge commissions. A financial adviser will trouble you more if there is a commission involved.
Don’t confuse a fee-only adviser with a fee-based adviser because a fee-based advisor will include multiple fees in a deal. A list of advisers that work without commissions can be found in National Association of Personal Advisors.
Some of the fee-only advisers and brokers set a yearly percentage on your deal if they manage the asset long term.
Learn the Jargons:
It is important that you get a knowledge of all the main jargons used in an industry before stepping.
Before hiring a financial adviser to manage your deals, get to know the terms for better communication.
Terms like a buyer’s market, appreciation, and seller’s market are used often in real estate meetings. While a CPA (Certified Public Accountant) is someone that may help you out with your tax management.
It is important to search for reviews of someone you’re about to work with. If the adviser you’re searching for is also registered as a broker, it will get easier to search for his profile on the web.