Property developer
Code 1323.1.2
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.
Essential skills
Knowledge
- investment analysis
- contract law
- market research
- real estate market
- budgetary principles
Skills and competences
- coordinate marketing plan actions
- execute feasibility study
- assess financial viability
- ensure compliance with legal requirements
- manage contracts
- provide cost benefit analysis reports
- create a financial plan
- follow health and safety procedures in construction
- audit contractors
- monitor contractor performance
Transversal competences
- estimate profitability
- compare property values
- maintain financial records
- keep records of work progress
- negotiate land acquisition
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What to assess for this role
Technical knowledge can be verified with tests and references. What never shows up on a CV are the transversal competences, and they explain most failed hires. Before closing, it pays to measure them with a standardised battery.
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Sources
This service uses the ESCO classification of the European Commission and the Mapha Taxonomy developed by OTIC SOFOFA (CC BY 4.0), in an adapted version. Group codes come from the ILO's ISCO-08. See sources and licences