Where to Improve Real Estate: Training and Career Roadmap

Becoming_A_Developer

Find out how to grow an immovable property. Study the criteria of education and training, and learn about the skills you need to advance your real estate development career.

Will I be a developer of real estate?

Real estate developers are businessmen who purchase land, plan it for development and manage the process of construction. Such properties may be either industrial or residential. And, they ‘re still spending time debating proposals and public hearings. Many land developers move frequently, splitting their time between working on the site or in the field of their business.

Many real estate developers are self-employed and come from many educational backgrounds, making the necessary skill sets quite varied for success in this field. In February 2020, PayScale.com announced a median annual wage of $95.253 for commercial real estate developers.

Career Prerequisites

Degree LevelBachelor’s degree is standard; some employers prefer MBA
Degree FieldsCivil engineering, business, and management
CertificationCertification available but not required
Experience5+ years of experience
Key SkillsExcellent communication, leadership, problem solving, interpersonal, analytical, presentation, and project management skills; proficiency in Microsoft Office; the ability to read and understand blueprints; knowledge of construction and architectural design
Salary (2020)*$95,253 (median annual salary)
Sources: * Fares.com

Steps to Create an Immobilien

Let’s go over the steps you need to take in order to become a real estate developer:

Stage 1: Gain a Bachelor’s Degree

Although obtaining a bachelor’s degree is an essential step in becoming a developer of real estate, the degree does not have to be in a particular subject. Many majors have courses that can help improve the skills required for the position by aspiring real estate developers. Civil engineering, business , and management are important topics. A Civil Engineering degree can be useful because it can help students understand how things are made. Company or management courses, in addition to learning about current business methods, will help students improve rational reasoning skills , critical thinking and analytical abilities.

Tip for Success:

  • Strong communication skills grow. Clear communication skills are an important element needed by developers of real estate when communicating with various individuals. Students can find courses in communications, English, and public speaking to learn and improve these skills.

Stage 2: Get Real Estate Experience

A lot of professionals gain experience by working in a related field, such as real estate, before beginning a career as a real estate developer. To gain exposure in the industry, one may search for entry-level positions that require the production, purchase, or sale of real estate. Planning or consultancy jobs may also help train people for a career as a real estate developer.

Tip for Success:

  • Become a real estate agent authorised to you. Obtaining a real estate license will allow individuals to improve their knowledge in communication and transactions, as much of the job relies on excellent interpersonal skills. Therefore, it is important to familiarize yourself with the housing prices in the local market to help make wiser investment decisions once you become a developer. Eventually, this is a great way of networking and attracting new customers when establishing relationships with other industry leaders.

Step 3: Find a Degree with a Master

Master ‘s programs in real estate development can help students learn about the problems commonly faced by real estate developers including design , planning, land use and environmental regulations. Many of these programs combine various fields, including city and regional planning, economics, architecture and building science, public policy, law, sustainability, and management. Students participating in a real estate development master’s program should also expect to learn about negotiation, marketing , economics, local history, and structuring of transactions in all capacities, including manufacturing, office , retail, commercial , and residential. Certain related majors may include strategic planning or economic development.

Tip for Success:

  • Start a practicum. Most real estate technology master ‘s programs give students multiple opportunities to gain experience in training for their first jobs in the industry. Students may make useful friends by engaging in an internship, and learn how to apply the skills they have gained in a professional setting. There may also be services for the mentoring. Students work one-on-one with industry professionals through a mentoring program and learn how to contribute to the communities, serve clients, work with peers, and manage their businesses.

Phase 4: Focus on Certification

While qualification is voluntary, one can explore the Accredited Land Consultant (ALC) credential of the Realtors Land Institute. Individuals may need to request multiple pieces of documents to apply. Some of the qualifications include an active real estate license, at least six months of association membership, and a minimum of three years of real estate experience in areas such as real estate sales, brokerage, or growth. Alternatively, candidates must complete courses and pass an exam through Land University. The status of the ALC shall be valid for as long as membership of the organization remains active.

Stage 5: Pursue Learning

Prospective developers who wish to participate in industry learning may want to pursue a credential or continuing education plan. The Commercial Real Estate Development Association (NAIOP) has programs which lead to an Advanced Study Certificate in Real Estate Development and an Advanced Study Certificate in Real Estate Finance. For receive such certifications, a minimum number of courses must be taken. These courses range from advanced planning techniques, real estate law and land-use regulation, advanced real estate finance, and construction project financial analysis.

NAIOP also provides continuing education services that can help promote learning opportunities and encourage learning. Individuals who wish to complete a continuing education program can choose from eight choices of classes, including advanced accounting, site analysis, construction management and commercial leasing.

You’ll need to get a bachelor’s degree and gain experience in the industry to become a real estate developer.

Popular University

1. University of Pennsylvania

Education Data

School facilities:

  • Pennsylvania (field 1)

Programming Info

You can consider areas of research at the University of Pennsylvania including:

  • Graduate: Ba, Master’s degree, Master’s degree
  • Postgraduate Certificate: certificate of first career, postgraduate certificate, postgraduate certificate
  • Degree: Associate, Bachelor’s degree
  • Enterprise
    Accounting and accounts
    Corporate Economics
    Corporate Finance
    Business and operations management
    Company Marketing
    Company support and management services
    Managing human capital
    Control of the information infrastructure
    Company worldwide
    Merchandising and Sales
  • Specializing in sales
    Public Insurance
    Real Estate Trading, Valuation and Finance

2. University of Florida

Education Data

School facilities:

  • Florida (cluster 1)

Programming Info

You can consider areas of research at the University of Florida including:

  • Graduate: Ba, Master’s degree, Master’s degree
  • Certificate of post degree: Certificate of post degree
  • Degree: Associate, Bachelor’s degree
  • Enterprise
    Accounting and accounts
    Corporate Economics
    Corporate Finance
    Business and operations management
    Company Marketing
  • Specializing in sales
    Real Estate Trading, Valuation and Finance

3. Cornell University

Education Data

School facilities:

  • New York Centre (1 campus)

Programming Info

You can find areas of study at Cornell University which include:

  • Graduate: Ba, Master’s degree, Master’s degree
  • Non-Diploma: Coursework
  • Baccalaureate: Bachelor
  • Enterprise
    Corporate Economics
    Business and operations management
    Managing Hospitality
    Managing human capital
  • Specializing in sales
    Real Estate Trading, Valuation and Finance

4. University of Georgia

Education Data

School facilities:

  • Georgia (1 Unit)

Programming Info

You can consider areas of research at the University of Georgia including:

  • Graduate: Ba, Master’s degree, Master’s degree
  • Baccalaureate: Bachelor
  • Enterprise
    Accounting and accounts
    Corporate Economics
    Corporate Finance
    Business and operations management
    Company Marketing
    Managing human capital
    Control of the information infrastructure
    Company worldwide
  • Specializing in sales
    Merchandising Trend
    Public Insurance
    Real Estate Trading, Valuation and Finance

5. Marquette University

Education Data

School facilities:

  • Wisconsin (field 1)

Programming Info

You can find areas of research at Marquette University which include:

  • Graduate: Ba, Master’s degree, Master’s degree
  • Postgraduate Certificate: certificate of first career, postgraduate certificate
  • Baccalaureate: Bachelor
  • Enterprise
    Accounting and accounts
    Corporate Economics
    Corporate Finance
    Business and operations management
    Company Marketing
    Company support and management services
    Entrepreneurship and the growth of small businesses
    Managing human capital
    Company worldwide
  • Specializing in sales
    Real Estate Trading, Valuation and Finance

6. New York University

Education Data

School facilities:

  • New York Centre (1 campus)

Programming Info

You can find areas of research at New York University including:

  • Graduate: Ba, Master’s degree, Master’s degree
  • No-Diploma: Certificate
  • Certificate of post degree: certificate of first career, certificate of post master
  • Degree: Associate, Bachelor’s degree
  • Enterprise
    Accounting and accounts
    Corporate Economics
    Corporate Finance
    Business and operations management
    Company support and management services
    Managing Hospitality
    Managing human capital
    Company worldwide
    Merchandising and Sales
  • Specializing in sales
    Real Estate Trading, Valuation and Finance

7. Northwestern University

Education Data

School facilities:

  • Illinois (cluster 1)

Programming Info

You can consider areas of research at Northwestern University including:

  • Graduate: Ba, Master’s degree, Master’s degree
  • Non-Diploma: Coursework
  • Certificate of post degree: Certificate of post degree
  • Baccalaureate: Bachelor
  • Enterprise
    Accounting and accounts
    Corporate Economics
    Corporate Finance
    Business and operations management
    Company Marketing
    Entrepreneurship and the growth of small businesses
    Managing human capital
    Control of the information infrastructure
    Company worldwide
  • Specializing in sales
    Real Estate Trading, Valuation and Finance

8. Mississippi State University

Education Data

School facilities:

  • Mississippi (field 1)

Programming Info

You can find areas of research at Mississippi State University which include:

  • Graduate: Ba, Master’s degree, Master’s degree
  • Certificate of post degree: Certificate of post degree
  • Baccalaureate: Bachelor
  • Enterprise
    Accounting and accounts
    Corporate Economics
    Corporate Finance
    Business and operations management
    Company Marketing
    Control of the information infrastructure
  • Specializing in sales
    Public Insurance
    Real Estate Trading, Valuation and Finance

9. Temple University

Education Data

School facilities:

  • Pennsylvania (field 1)

Programming Info

You can consider areas of research at Temple University including:

  • Graduate: Ba, Master’s degree, Master’s degree
  • Certificate of post degree: certificate of first career, certificate of post master
  • Degree: Associate, Bachelor’s degree
  • Enterprise
    Accounting and accounts
    Corporate Economics
    Corporate Finance
    Business and operations management
    Company Marketing
    Entrepreneurship and the growth of small businesses
    Managing Hospitality
    Managing human capital
    Control of the information infrastructure
    Company worldwide
  • Specializing in sales
    Public Insurance
    Real Estate Trading, Valuation and Finance

10. University of Connecticut

Education Data

School facilities:

  • Connecticut (cluster 1)

Programming Info

Research areas you can find at Connecticut University include:

  • Graduate: Ba, Master’s degree, Master’s degree
  • Certificate of Postgraduate: Certificate of Postgraduate
  • Degree: Associate, Bachelor’s degree
  • Enterprise
    Accounting and accounts
    Corporate Economics
    Corporate Finance
    Business and operations management
    Company Marketing
    Company support and management services
    Managing human capital
    Control of the information infrastructure
  • Specializing in sales
    Public Insurance
    Real Estate Trading, Valuation and Finance