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.

Alternative Labels

commercial developer

housing developer

speculative property developer

office developer

speculative developer

developer of real estate

property developers

land developer

speculative builder

domestic property developer

property developer

house developer

office property developer

commercial property developer

real estate developer

Regulatory Aspect

To see if and how this occupation is regulated in EU Member States, EEA countries or Switzerland please consult the Regulated Professions Database of the Commission. Regulated Professions Database:

http://ec.europa.eu/growth/single-market/services/free-movement-professionals/qualifications-recognition_en

Skills & Competences

Essential Skills and Competences

maintain financial records coordinate marketing plan actions create a financial plan provide cost benefit analysis reports execute feasibility study assess financial viability audit contractors manage contracts compare property values negotiate land acquisition follow health and safety procedures in construction ensure compliance with legal requirements estimate profitability monitor contractor performance keep records of work progress

Essential Knowledge

investment analysis real estate market budgetary principles contract law market research

Optional Skills and Competences

liaise with quality assurance manage staff liaise with financiers liaise with shareholders monitor parameters' compliance in construction projects recruit employees negotiate land access value properties attend trade fairs develop energy saving concepts provide information on properties manage maintenance operations oversee planning of security systems use safety equipment in construction

Optional Knowledge

building codes leasing process accounting techniques building systems monitoring technology energy performance of buildings architecture regulations business management principles

Concept URI

Concept Uri

http://data.europa.eu/esco/occupation/b9711647-463f-4991-a858-d5de66ff2f83

Status

released

Occupations