Real Estate Development Training Programs

Build a successful career with real estate development training. A real estate developer is responsible for sourcing viable sites and locations on which to construct new developments.

They are also charged with analyzing and determining budgets required, (both in line with bottom line construction costs, and manpower necessary), and working to ensure the design of the development is suited to the task required. With so many balls to juggle, there is a growing need to real estate development training. It is a field which though affected by trends in the economy and social structure of a country, remains an integral part of modern society. An important role across a varied range of industrial and social sectors, they provide a key role to liaising between customer, architect and construction companies. Real estate development may also be have different labels for example property development with related studies in an area like construction management

Real Estate Degrees and Programs

Marylhurst University

• Accelerated MBA - Real Estate Studies
• BS in Real Estate Studies (Accelerated Program)

Drexel University Online

• Graduate Certificate in Real Estate

Florida International University

• Master of Science - International Real Estate

New England College

• Master of Science in Management - Real Estate Management

Allied Schools

• Certitficate and Diploma Programs (see individual state offerings)

Stratford Career Institute

• Real Estate Appraisal

Real Estate Development Training and Education

Though Real Estate Development training is open those who meet the training and licensing requirements, it is likely that a bachelor's degree will be required from most schools before entering into a program. In many cases one may have training in one area and then complete additional training in the real estate field. Throughout the program of study, the areas which are likely to be studied will include evaluation of development needs, state zoning laws and their variations, and appropriate financing.

Other areas where focus is likely is in project management, conflict management and completed project evaluation. Property management courses may also be include in the program of study, as well as:

• Construction methods and materials
• Cost estimation
• Building codes and standards
• Contract management
• Procurement

An important factor is the opportunity give to interrogate current professionals working in the field. Upon qualification, licensing may be needed dependent upon which areas will be worked in. However, it is experience that really counts here, which is why seeking internships throughout study is important.

Real Estate Developer Careers

Upon entering the world of real estate development, it is best to start on community projects, which give access to a varied number of concerns. A great learning curve, from here professionals can decide on which areas they would like to focus upon.

The position can be extremely exciting, and real estate development training can open many doors for a successful career. Whilst at the beginning, projects will need to be bid for, and budgetary concerns will be the major concern, gaining respect and reputation for doing a job well could have offers coming the other way. Architects often prefer to work with a particular developer, whilst much the same can be said of companies and federal agencies in particular.

A real estate developer can specialize in many areas. These can be for residential use such as private housing estates or social community projects; corporate development for office blocks and technology centers for companies; commercial concerns such as shopping malls, cinemas and event centers or federal projects which can include military installations.

Further than this though, it is also possible for a real estate developer to manage a property after constructions; whether to sell off in part or whole, act as a member of the facility management team, or maintain an ongoing presence over the first years of a building's lifecycle.

Estimated Income and Projected Career Outlook

Because of the diversity, salaries can be equally different. At entry level, a junior could expect to earn at least $25,000. However, over time, earnings could double, treble and easily hit six figures. While the real estate development field is certainly tied to the economy a real estate development manager salary can range between $76,323 and $140,323 and average about $109,030. The median annual wage of construction managers was $83,860 in 2010, and the employment of construction managers is expected to grow 17% from 2010 to 2020,(Bureau of Labor Statistics). If a private partnership is created, the potential earnings could increase, but can be affected by downturns in the economy is affected.

Real estate development training and architecture and engineering degrees