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What is a real estate developer?

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What is a real estate developer?

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A real estate developer is a real estate professional who specializes in creating new developments or renovating existing ones, marketing them successfully, and selling them. Real estate developers often work with partners to share the risk and the workload, and they may work for big companies which conduct real estate development on a large scale or use real estate development as one investment tool in a diverse portfolio. People can approach a career as a real estate developer from a number of perspectives; developers may hold degrees in real estate development, or come from a background as a real estate agent, contractor, or architect. Working as a real estate developer is very challenging. Developers need to be able to assess a wide variety of future sites and determine whether or not they will be workable and acceptable. A real estate developer can look at an empty lot and find potential in it, or tour a decaying building and create a vision for remodeling and successfully selling

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