Job Title : Real Estate Developer Owners

Being an inter-reliant and intricate process that involves numerous stakeholders from many disciplines each phase of the property development process needs the influence of one or more key stakeholders. These actors include but are not limited to landowners, developers, public sector & government agencies, planners, contractors and financial institutions as a result property development could also be seen as the coordination of these processes, stakeholders and actors. Ultimately not every development is the same and therefore may need different combinations of actors and processes.

Real estate is a wide-ranging field. It consists of different types of jobs which are: advertising sales agents, appraisers and assessor of real estate, financial analyst, market analyst, mortgage loan officer/ lender, investment adviser, Insurance agent/broker, real estate broker and plenty more. An advertising sales agent is one who sells advertising space to businesses and individuals. They work in variety of industries, which include radio, television, advertising agencies, and internet publishing. Appraiser and assessors estimate the value of land and buildings on the land generally before it’s sold, taxed, developed, mortgaged, or developed. Financial analyst supply guidance to businesses and individuals making investment decisions like the performance the function of stocks, bonds and other things. Market Analyst determine what products a company must generate and in what ways they should sell them. A mortgage loan

The most formidable aspect in real estate has to be maintaining one’s career. Although there are many agents in this career field, the competitive environment portrayed daily makes this career one that may prove to be unsuitable for the meek. Negotiations, persuasion, debate and often a frequent contest for supremacy in the agency are recurring tasks when trying to sell property to clients. One could think of this as similar to the board game “Monopoly”, in reverse. Rather than trying to own all the property around, these “players” attempt to sell as much land as they possibly can. Those who fail to recruit an adequate amount of clients find it hard making it “past go” and often fail in the agency or, much worse, lose their jobs.

Mr. Alexander is new to the property management arena and has no experience with multi-family dwellings. Due to our clients limited capital he cannot afford to hire a property manager. Because Mr. Alexander will also be working his normal full-time job, and doing the property management as a ‘side-job’ the ability to manage multiple subcontractors will be highly inefficient and could lead to disgruntled tenants and higher vacancy rates.

Real Estate Investment Trust (REITs) invests in and own properties by offering investors a highly liquid method of investing in high-density markets. Most REITs earn their revenue from

Gain Understanding of owner/developer issues within Real Estate Finance  Understand tools and methods for evaluating projects  Understand general structure of a project pro forma using multifamily case study  Gain basic ability to construct a project pro forma  Develop initial tools to quantify a project

The real estate work environment ranges from person to person. A single person may conduct his or her business completely alone, or teams of multiple agents may work together. Teams can also work under a brokerage or work independently, although a broker’s license is required for an independent team. Real Estate teams that work under a brokerage must pay a percent of earned commission to that brokerage. An example of a brokerage is Keller Williams Capital Partners. This brokerage has multiple teams conducting operations under their name. For every sale that a team makes under Keller Williams, they must pay a percent of their commission, or profit. By obtaining a broker’s license, a team or individual receives one hundred percent of the commissioned they make. This serves as an attractive business opportunity, however requires completion of another exam and classes separate from real estate licensing classes. In the year 2014, about 421,300 real estate jobs were recorded (bls.gov). A real estate agent spends much of their time working away from an office desk (bls.gov). An agent spends a majority of the workday with clients, helping

Market needs: To follow the client wishes, due to the highly raising prices of real estate, we were considering building affordable housing. Also, another option is to construct offices for the city to use.

Buying or selling a house or an apartment is one of the biggest decisions of a person’s life. And when selling or establishing a price for real estate, people seek out real estate agents to do the dirty work. A real estate agent has to convince a prospective homeowner that he or she is trustworthy and knowledgeable. In many ways, the agent acts as a counselor to individuals and families about to embark on a huge commitment. Real estate agents have a thorough knowledge or real estate market in their community. They

Developers are the first to be involved in the purchase of a parcel of land, financing and project feasibility. Once the use of the parcel is identified, a team of architects and contractors put together a set a drawings for building permit application. The local government jurisdiction then analyses the documents for code compliance to a set of building codes that has been created by even more engineers and government officials. Once approved, the drawings are released as approved documents for construction to contractors, subcontracts and engineers. During the construction process, the local government provides inspections to the project to ensure that the building is being completed per the specifications of the architect and engineer. Finally, the building is completed and approved for occupancy by tenants, who then hire insurance complies to insure their final product. The entire construction process is governed by a set of complex code requirements. Most typically from the International Building Code as written and adopted by the International Code Council. As stated in the introduction, these codes are the result of a generation of building disasters, which have been adopted by the States building division and enforced by the local jurisdiction. All parties in the process must interact with the code requirements, but

Real estate agents commonly work with clients for weeks, months, and even years before making any money from a sale, if they make a sale at all.

Duties included the administration of basic contracts and delivery/task orders against Basic Ordering Agreements and Indefinite Quantity contracts which encompass the spectrum of contract types from firm fixed price, cost types and special provisions. Reviewed contracts to determine required administrative functions to include coordination with the PCO, Contracting Officers Representative, contractor and DFAS. Monitored contractor performance for compliance with applicable laws, delivery schedules, payment provisions, contract data reporting requirements, and other contractual requirements. Analyzed contract funds status reports including the review and resolution of excess funds, request and review audits, monitor electronic payment functions, and resolve conflicting expenditures. Issued contract modifications and performed final closeout of assigned contracts to include reconciliation of funds and accounting for Government-Furnished property. Reviewed different types of audit reports to included systems, incurred costs and CAS issues and resolved penalty and other DCAA findings. Thoroughly researched inspection and acceptance problem tracked to a delegation issue, resolution enabling contract closeout. Provided Contract Audit Follow-up support to Administrative Contracting Officer on estimating

First of all, like any businessperson, a real estate agent likes making a quick and hassle-free profit. Secondly, many real estate agents do not have the experience, expertise, or willingness to handle the creative deals that real estate investors need.

This paper will seek to provide an overview of the real estate process and its affects on the real estate agent. An agent needs to be knowledgable about the steps required to make a sale, and the risks involved when the sale does not go as planned. Real estate sales require much of the agent, including sacrifices in their personal lives and in their financial stability. Agents must be teachable and willing to seek to see others succeed. A successful real estate sale consists of many steps, sacrifices to personal time, and an agent’s ability to work well with others while remaining incredibly flexible.

With a generally improving property market, real estate managers have become more and more important in the recent times. This isn't really surprising since they handle numerous tasks that busy property owners (especially individuals or corporations who own numerous units) can't tackle on their own. For one thing, property managers are responsible for the upkeep of residential and commercial buildings, ensuring they're structurally sound and making sure that maintenance issues are taken care of. They also have to screen prospective tenants, handle lease contracts, collect rent, and keep important paperwork.