ISCO Specialization 1323.1.2 Property Developer
From Open Risk Manual
Definition
Property Developer: Property developers buy land, finance deals, order construction projects and orchestrate the process of development. They purchase a tract of land, decide on a marketing strategy, and develop the building program. Developers must also obtain legal approval and financing. When the project is finished, they may lease, manage, or sell the property.
Essential Skills
- Execute Feasibility Study
- Real Estate Market
- Audit Contractors
- Keep Records Of Work Progress
- Negotiate Land Acquisition
- Maintain Financial Records
- Budgetary Principles
- Provide Cost Benefit Analysis Reports
- Contract Law
- Create A Financial Plan
- Estimate Profitability
- Manage Contracts
- Investment Analysis
- Coordinate Marketing Plan Actions
- Market Research
- Compare Property Values
- Assess Financial Viability
- Follow Health And Safety Procedures In Construction
- Ensure Compliance With Legal Requirements
- Monitor Contractor Performance
Optional Skills
- Recruit Employees
- Leasing Process
- Attend Trade Fairs
- Monitor Parameters' Compliance In Construction Projects
- Building Systems Monitoring Technology
- Accounting Techniques
- Building Codes
- Provide Information On Properties
- Liaise With Financiers
- Negotiate Land Access
- Value Properties
- Manage Staff
- Business Management Principles
- Architecture Regulations
- Manage Maintenance Operations
- Develop Energy Saving Concepts
- Liaise With Quality Assurance
- Liaise With Shareholders
- Oversee Planning Of Security Systems
- Use Safety Equipment In Construction
- Energy Performance Of Buildings
Alternative Names
- Commercial Developer
- Housing Developer
- Speculative Property Developer
- Office Developer
- Speculative Developer
- Developer Of Real Estate
- Property Developers
- Land Developer
- Speculative Builder
- Domestic Property Developer
- House Developer
- Office Property Developer
- Commercial Property Developer
- Real Estate Developer
