Take The Quiz2018-04-09T20:49:39+00:00

Take The propertyCEO Quiz

Here’s a quick quiz to find out how much you know about developing property. At the end you get a chance to review our property developer job description to see if it might be a good fit for you. We think you may be surprised…

1) You need to have a lot of property experience to become a property developer?

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2) To become a property developer you need to have lots of money to invest?

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3) Property development always involves large scale, multi-million pound deals?

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4) You can’t possibly do property development part-time

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5) Property development can provide life-changing results

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6) You need to be a landlord or have set up some buy to lets or at least tried a few ‘flips’ before you can step up to property development

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7) Property development is risky

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8) Property development requires a unique skill set

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Job Description

JOB DESCRIPTION

Please find below a (hypothetical) job description for the role of 'Property Developer':

Historically this role has proved hugely successful, combining a basic management skills requirement with an entrepreneurial remuneration structure, enabling successful candidates to achieve significant income streams through their participation in the model, with no requirement for prior industry experience.

Location:

You will be based at home, but must be able to travel a limited distance occasionally, as part of the role. A current driving licence and own transport would be useful.

Full time/Part time:

The role may be performed either part time or full time, at your choice

Salary:

On target earnings for part-time positions are in excess of £100,000 annually rising to seven figures in the longer term if you are successful and willing to tackle additional and/or larger projects (this would be at your own discretion)

Responsibilities:

The role involves looking for potential projects, assessing their viability and overseeing their progression to a successful conclusion, using a team of experienced professionals to do most of the actual work.

A key attraction of the role is that it is entirely autonomous. This is made possible since you will have direct financial responsibility for the success of your own projects. As a result of this direct responsibility, you should be aware that poorly performing projects could potentially result in reduced income or even a financial loss, whereas successful projects can expect to generate a significant 6-figure or 7-figure income. Note: This differs to the standard ‘employee’ model in which you would be doing the work (in return for a much smaller salary), but any upside (or downside) ultimately goes to your employer instead of to you.

Skills Needed

No prior experience is necessary however you will need to be able to deploy the following core skillsets:

  • Organizational skills – you should be a self-starter who is able to organize your work effectively and to be able to create a schedule and manage it effectively
  • People skills – good communication skills are important, as is the ability to give clear instructions both face-to-face, by email and over the phone.
  • Management skills – you should be capable of managing a small team of people, however you will have no line management responsibility as all team members will be on temporary contracts. You will also be able to select all team members personally.
  • Decision making – you should be able to make decisions but only after receiving advice and direction from professionals who are experts in their field
  • Current role – your current job or previous job history do not need to involve property or property development, and you may choose to retain your existing employment and take on the property developer role in your spare time. You will however need to set aside the necessary time to complete a project once started
  • Previous experience – no previous experience is necessary, however it is essential that you obtain the appropriate level of training.
  • Performance reviews – the role will be fully autonomous; there will be no management reviews or performance management. You will be your own boss.

If property development sounds like it might interest you, you can check out our FAQs HERE

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