How to become a property developer

Any profession or career path can lead to an individual or a group of individuals coming together to become property developers. They may come from construction, lending, architecture, real estate, law, accounting or any profession, among others. There are courses potential developers can take to learn the trade and get pointers as to how to become a property developer of note.

Being a property developer that delivers luxury property, mainstream residential property or commercial property does not mean having to be a large company. Individuals working as sole proprietors can be a developer as well as large companies with all the service departments one would expect from architecture to engineering and sales.

Becoming a developer does mean though that consideration needs to be addressed to many aspects of the development trade including environmental, economic, physical and political issues. Becoming a great property developer constitutes a range of attributes not least being able to deliver a quality on time and within budget.

Arthur N Levien, a prominent developer in the past, once described a real estate developer as follows "a real estate developer is a person who is not an architect, engineer, plumber, iron worker, attorney, appraiser, or any of the dozens of other professionals involved in the real estate development process. It is however someone that knows what each one of them does in detail so as to get exactly what he or she wants from each of them.