Green Property Developers

A property developer is one who takes a piece of land and finds the best possible use for it for a client. Perhaps a client is looking to buy a piece of land to build a home. The property developer will find the right plot, lot or land to build the home as specified by the client.

Property developers can also buy up the land, plan and build certain types of homes or businesses and then sell them at a profit. A green property developer would make sure that green homes and businesses are built on this land, or would develop the land for use as a wind farm or other green venture.

What are the skills that are needed?

An eye for a diamond in the rough is needed. A working knowledge of real estate laws, practices and procedures is also necessary. Being able to verbally communicate your vision to investors if you need them is a must, and the ability to sell your idea once they are mature is also vital.

What educational background do I need?

Beyond real estate knowledge, you need to be at least familiar with construction practices, green concepts and practices and the zoning laws and regulations of the area that you are speculating in.

What licenses, degrees, certifications or other do I need?

A real estate license should be considered to be absolutely necessary. A degree in real estate law would be beneficial as would a business degree.

What is the potential income from this business venture?

Unlimited income, depending on the area that you are developing and the type of building that is put on the land is possible. You could buy a completely undeveloped piece of land, build a totally green house and sell it for five times what you bought it for in all reality. The amount of income would vary depending on the market of the area that you are developing, the type of development that went into the land, the initial purchase price of the land, and the amount of time it takes to sell it once the building is completed. Other factors would include the cost of the construction and the associated fees, taxes, etc.

What are the risks?

You could buy the land, develop it and then never be able to sell it. The housing market is not in good condition-that is common knowledge. No matter how great a place is, no matter how green and no matter what a great salesperson you are, if no one is buying in the area, then you might be stuck with a great, green property it is that simple. Look at every factor before choosing the land that you will develop, including the economic conditions of the surrounding area.

Green Entrepreneurship Resources
• *75 Green Businesses You Can Start to Make Money and Make A Difference
• *Finding the Sweet Spot: The Natural Entrepreneur's Guide to Responsible, Sustainable, Joyful Work
• *101 Ways to Turn Your Business Green: The Business Guide to Eco-Friendly Profits
• *Start Your Own Green Business (Start Your Own...)
• *Global Warming Is Good for Business: How Savvy Entrepreneurs, Large Corporations, and Others are Making Money While Saving the Planet
• *The Plot to Save the Planet: How Visionary Entrepreneurs and Corporate Titans Are Creating Real Solutions to Global Warming
• *Starting Green: An Ecopreneur's Guide to Starting a Green Business from Business Plans to Profits