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Launch a new development every three months is considered to be a symbol of successful developer.
Maintain the flow of stock and do every thing it takes to keep the sales up right and high.
Review the market & all related risk. Also, emphesis the return from the property development after all expenses.
Besides knowledge of concepts and policies : the technical stuff;
To believe in what you are promoting.
To focus on positive aspects and emphasize on them.
Never give ambiguous descriptions.
Be creative and don't fall in the common and ordinary ways used around
Real estate development is the act of purchasing real estate, making improvements to the buildings on it or constructing new buildings and selling the real estate again. Real estate developers are professionals who specialize in this type of work. Real estate development can be a highly lucrative business but can also result in heavy losses as well. To succeed as a real estate developer, you must recognize potentially lucrative opportunities and predict market trends.
Build what the purchaser can afford.
Truthfulness, Sufficient resources and funds, Excellent knowledge about the Real Estate legislations and policies, High capacity to analyze the real estate market needs.
Understand your target market and the demographics, make sure that the product you will introduce suits best for them,whether be it style, value for money or location. Just make sure you don't over compromise the quality of the product just because you want it to be selling like hotcakes.. :)
Location Location Location
To succeed as a real estate developer, you must recognize potentially lucrative opportunities and predict market trends.
Having knowledge in the whole real estate cycle starting from the market research for having the best option for your development project and applying your knowledge in real estate valuation to make the feasibility studies for the project with having knowledge in construction and operation after project completion. Sales plan will start from the market research stage.
