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People also ask
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What degree do most real estate developers have?
Graduate degrees in law, business, and architecture are among the most beneficial to the real estate developer. If you are interested in pursuing an advanced degree in one of these areas, you should complete the necessary preparatory work as an undergraduate.
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How do commercial developers make money?
They typically invest their money in the project and assume the financial risk. In most cases, real estate developers make their money by selling the properties for more than the cost of development. General contractors, on the other hand, are usually paid for their services through progress payments.
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What is the highest salary of a real estate developer?
Real+Estate+Developer Salary Annual SalaryHourly Wage Top Earners $134,500 $64 75th Percentile $108,000 $52 Average $84,748 $41 25th Percentile $50,000 $24
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What job in commercial real estate makes the most money?
High Paying Real Estate Jobs Commercial Real Estate Broker. Salary range: $30,000-$280,000 per year. ... Director of Physical Security. Salary range: $162,000-$220,000 per year. ... Facilities Director. ... Valuation Consultant. ... Security Operations Engineer. ... Security Architect. ... Security Engineer. ... Relocation Director.
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How do commercial developers make money?
They typically invest their money in the project and assume the financial risk. In most cases, real estate developers make their money by selling the properties for more than the cost of development. General contractors, on the other hand, are usually paid for their services through progress payments.
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What is a commercial real estate developer?
Commercial real estate developers direct the development of commercial properties (office buildings/parks, retail centers, schools, hospitals, government buildings, etc.), and residential builders oversee the development of residences of all types (single-family homes, entire neighborhoods, multi-family complexes).
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How do you become a commercial real estate developer?
Real estate developers must have a bachelor's degree in a related field, obtain a real estate license, gain industry experience, build a professional network and understand your market and contracts, among other things.
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What degree is best for real estate development?
The National Association of Realtors (NAR) offers certificates, associates, bachelor's and master's degrees through its NAR Academy at Columbia College. Graduate degrees in law, business, and architecture are among the most beneficial to the real estate developer.
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