Find Laws Find Lawyers Free Legal Forms USA State Laws
Home » Find Laws » Property Laws » Property Law » Property Developer

Property Developer

Property Developer

A property developer is an individual who performs real estate development for a living. A property developer, in other words, takes land or real estate property and then improves it in some fashion so as to sell it and thereby make a profit. Real estate developers might develop buildings and other edifices through renovation, but they might also perform raw land development, which might involve improving that land in some capacity to entice some form of construction to occur on the land.

For example, property developers might purchase large tracts of empty, raw land, and might then subdivide that land into a number of smaller units, each of which is easily built upon. Then, the property developers might contact a construction company and convince that company to produce buildings, like houses, on the property. Thus, these real estate developers would have created a housing subdivision, and would have profited by selling the land.

Becoming a property developer is often relatively difficult from a skills-based perspective, but relatively easy from a perspective of who might have the tools to do it. In other words, successful property developers are those individuals who either already are aware, or who learn quickly the important rules and tools of real estate development, but anybody might get into the career, with the right assistance.

In general, real estate developers will want to buy property at the lowest price possible, as this is one of the best ways to maximize profit, and will then develop that property for sale.

NEXT: What is a Special Administrator

Related Articles

Link To This Page


Find an VA Lawyer
Guide to Finding a Lawyer