What do you do if you want to learn about real estate development? (2024)

This is from my own experience. You can shadow an expert who has experience and knowledge in the field. You can observe how they handle the various aspects of the development process, from finding and analyzing deals, and managing the properties' construction and operation. You can also ask them questions and get advice on how to start and succeed in the industry. Another way to learn about real estate development is to talk to a beginner who has been through this journey. You can learn from their challenges, mistakes, and achievements and get a realistic perspective on becoming a developer. By shadowing an expert and talking to a beginner, you can gain valuable insights and skills to help you understand real estate development basics.

O desenvolvimento de projetos imobiliários é uma atividade complexa em que é preciso partir de uma visão do que deve ser feito para a concretização dessa visão. O desenvolvedor é como um realizador de cinema: tem de ter a ideia do que quer fazer como guião e depois ser capaz de atrair os criativos e os recursos financeiros para que a ideia se transforme nos edifícios que imaginou.O conhecimento aprofundado do mercado em que vai desenvolver o projeto é essencial para a viabilidade do processo.

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E possível fazer uma transição de carreira saindo de um mercado totalmente diferente da Incorporação imobiliária. Eu sou prova disso.No início, meu desafio para área de novos negócios, ou seja, prospectar terrenos. Eu já tinha o perfil comercial, me faltava entender o mercado. Precisei ralar, ler muito, mas, principalmente, ouvir muita gente! Fiz muita viabilidade para poder entender como o empreendimento se comportava!

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Real estate education to consider:Masters DegreeThere are many universities with degrees in real estate development. Usually the program is just one year. They quickly give you an in-depth overview of profession and prepare you for a job in the industry. Urban Land Institute (ULI)The ULI is a professional organization for real estate developers. They have a variety of coursework online in topics that cover all areas of real estate development including financial proforma. The have both in-person and online classes.

Si estás empezando y quieres empezar a tomar contacto hay cursos gratuitos de plataformas inmobiliarias para empezar a conocer conceptos básicos y poder ampliarlos tanto como necesites.

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You can go solo and learn the hard way, losing lots of money in the way and likely giving up, or you can use a mentor. It doesn't need to a professional mentor. I am not, for example. But talking to them, even investing with them, it's the ticket to save you thousands of hours of pain and hard learning. I'm not kidding. If you are serious about the business, finding a mentor is invaluable. Just do the math, a couple of average amateur errors in "easy" flips can cost you 20k USD each... And we all have been amateurs. Wouldn't you pay 10 or 15k to save you that pain?Real estate is about investing. Find a mentor in your area, or that you like what he does, or that's following the path you're aiming. You'll thank me later.Now your turn.

Internship - Seek out internship or apprenticeship opportunities with real estate development firms, construction companies, or urban planning agencies. Hands-on experience working on real projects can provide valuable insights into the development process and allow you to learn from experienced professionals.

Speaking on the practical implementation of Development, unfortunately there is no substitute for experience. It is the hardest teacher and is often deeply unfair, which is what makes it such a great educator. Specifically though it is vital to understand both sides of the Development process, both Client / Employer, and Contractor. Moving up the chain, understanding how funders view risk and what they value is as important as delivering the correct product to market at the correct time and the right price. Remember, you don't need to be an expert in every field of the industry, but you do need people on the end of a phone who are. At management level you knowledge needs to be broad and shallow, let experts be experts and manage them.

Rode muita viabilidade, faça muito cliente oculto, leia muito book e converse muito com imobiliárias. São trampolins que unem a prática com o estudo.Visite a cidade inteira, vá em bairros variados em horários diferentes. Entenda como a cidade funciona.

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I’ve been in the real estate for over 20 years and I’m still learning daily. It’s a dynamic and exciting industry that is constantly changing and evolving. Believe you have all the knowledge and you will be left behind.

Staying ahead in real estate development hinges on embracing continuous learning and networking. It's vital to navigate market trends, regulatory shifts, technological advances, and evolving consumer desires. Enhance your expertise by participating in industry events and educational programs, and enrich your knowledge through varied reading materials. Pursuing further education and certifications will also elevate your professional standing. Cultivating a robust network and actively seeking feedback open new avenues for growth and innovation. Commit to these practices to remain competitive and achieve excellence in this fast-paced sector.

Networking: Build relationships with other professionals in the industry. Attend industry events, join professional organizations, and connect with people on LinkedIn.Develop your skills: Hone essential skills like financial analysis, project management, negotiation, and communication. These skills will be crucial for success in real estate development.Consider specialization: As you gain experience, you may want to specialize in a particular area of development, such as residential, commercial, or mixed-use projects.

If you're young, a possible path is internship, then employee of such company, carry the notebook of relevant people :), hear and learn from them. Ideally some schooling.If you are not so young and you need a faster track, then you need to pay for consultancy and trainings about the subject.Some basics to start with: learning to read an architectural plan, some urbanism knowledge, understanding generalities about valuation of a property, sales, building a buget, some basics in project management, profitability structures and investment calculations and the hardest: knowing the market and keep the pace in real time.