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Real Estate Development Team - Create It! Part 3 This is the 3rd in the series of articles on Creating Your Real Estate Development Team. Understanding the core team behind a successful property development it crucial to your success in this industry. The next several issues will inform you the reader about who your team is and what you need to understand before you even think about starting to develop property! But before I start, you must also realise that there is a successful method to developing property and a non successful way. The successful way will provide you with the maximum profit and provide you with a winning team that will want to work with you again and again. With out you, no one gets paid. Remember that fact! So what my aim is here is to give you the fundamentals to what is required to build this team and the first steps are to understand your team members and give them respect! In the first issue we began with the key person in your development team, The Architect, the second issue, the Structural Engineer, and now the Civil Engineer. When you think of Engineers, think 'Land' for Civil and 'think Up in the air' for Structural. There primary role for you the property developer will be for your land subdivision! They are the main people in this area who you deal with. If you have problems, you talk to the Civil Engineer. You will not even need or have an Architect in this area of Property development. Again, it is important to know what they do, but you do not need to know how to do it. This can be problem for some who want to know everything about everything. Don't waste your time, and don't waste the professionals time by trying to know exactly what they are doing! Here is a description of what they do! Civil engineers are, first and foremost, the creators of our environment: delivering our buildings and bridges, roads and tunnels, airports and harbours. They apply their talents to provide effective solutions to human needs: places to live, work and play, facilities for the provision of clean water, power, and the means of travel. Civil engineers are primarily employed by engineering consulting companies, government departments, local government authorities and private construction firms. Many are self-employed as consultants or construction contractors, while others may choose to work as university lecturers. Civil engineers are also employed by national, local, and state governments. Most cities and counties have engineering departments staffed largely by civil engineers. Civil engineers are employed in all levels of government, in consulting and contracting firms, and in the supply industries and these all directly or indirectly relate to your development in one way or another. They are not only in positions that require wide technical knowledge, but they can often have high levels of managerial and administrative responsibility. Civil engineers are engaged in addressing two fundamental questions. First, how do we protect our society and its infrastructure from the impacts of the natural environment? Civil engineers are employed by engineering consulting companies, municipal and other levels of government, and in many other industries, or they may be self-employed. As with all the other members in your team, you want the best! So the same story applies. Interview, obtain references, check previous works and previous clients. Do the leg work and do the research


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Real Estate Development Team - Create It! Part 3