Real Estate Development

Description

The real estate development industry involves the process of purchasing raw land, rezoning, constructing, and renovating buildings, and selling or leasing the finished product to end users. Developers add value to land by creating buildings or improvements and take on the risk of financing projects. This industry encompasses residential, commercial, industrial, and mixed-use developments. 

Something Cool

Most buildings and cities exist because of real estate developers.  Developers has the vision and courage to make their dreams a reality.

Types of Companies

• Development Firms: Specialize in the creation and construction of new properties. Examples: Hines, Related Companies.

• Construction Companies: Execute the building and renovation of properties. Examples: Turner Construction, Bechtel.

Further Education & Credentials Required

• Bachelor’s Degree: Typically in real estate, business, finance, civil engineering, or urban planning.

Entry Level Roles

• Real Estate Development Assistant

  • Description: Supports development projects by assisting with administrative tasks, coordinating with contractors, and managing project documentation.

  • Skills Required: Organizational skills, communication skills, basic knowledge of project management software.

• Junior Real Estate Analyst

  • Description: Conducts market research, financial analysis, and feasibility studies for potential development projects.

  • Skills Required: Analytical skills, proficiency in Excel, understanding of real estate markets.

• Assistant Project Manager

  • Description: Assists project managers in overseeing construction projects, ensuring timelines and budgets are met.

  • Skills Required: Project management skills, problem-solving skills, knowledge of construction processes.

How To Learn More

• Talk to someone doing the role you want.  Check out my writings on The Gift of Asking for Help, Mentors and Networking 101 on The Search page to learn how to do this.

• Ask you preferred AI assistant. 

  • Better understand your own skills and where you will be successful at Roles.

  • Check out my writings on various industries and departments at the Industries page.

  • Already know what you want to do but are looking for guidance on how to find a job within that industry?  Check out The Search for advice.