Hi,I want to be a Real Estate Developer. I don't know what step I should take next at this point in my life. I have a degree in Architecture and I don't know if I should continue with school (MBA in Finance) or start working? But where can I start getting experience to be a developer? PLEASE HELP! I don't have contacts that can give me advice. Hope you can give me good advice! Thanks! ;)
If you want to be a real estate developer then first you should continue your MBA. After completion your MBA you have great knowledge about real estate business. You should do contact with real estate companies..If you really intereseted in this business then look forward in this and got info as much as you can !
If you want to be a Real Estate Developer you can study for an MBA that specialises in this topic, a good idea given that you have an architecture degree already. It's important that you do this as MBA's in finance can vary widely - from bond markets/derivatives to manufacturing finance. You wouldn't want to waste your time on those. MBA's with real estate finance will take you through property investment yields, land valuation etc. As for work experience, I suggest you contact a few architectural practices and possibly even property development companies. There's a huge difference between designing properties for construction and working as a developer. Developers are generally speculators and highly finance oriented. It depends what type of person you are; do you like architecture for the beauty of the design or the quick return you can make? Most property developers have little knowledge of architecture - the architect is the employee of their speculative enterprise. Finally, decide what type of property development you're interested in - residential or commercial. Perhaps a spell at some construction/building companies would help you decide - why not write to several. You may get lucky and get some invaluable work experience. These companies are often prepared to finance a part time MBA as well -then you've got the best of both worlds. Good luck!
