The objective of this course is to provide licensees with the working skills of commercial real estate development. This the second part to Real Estate Development 101. After taking this course, commercial and residential agents will be able to communicate effectively with developers on potential development projects, win more land listing pitches, sell more land listings, and/or earn attractive fees by providing development project management services.
Topics: Site Feasibility Checklist, Site due-diligence tasks and costs, How does Site “A” compare to Site “B”, Development Proforma, Calculating Yield Cost, Development financing aka the “Capital Stack”, Development Strategies, Splitting Profits, Lease terms, and Property Management Issues.