Author: ashley herasme

My project proposal is to research the steps for getting into real estate development and the components that this career entails. As a real estate property developer, I would like to buy land or already existing homes and build/renovate them to later sell them for a profit. There’s certain things I want to include in my final project which I outline below:

1- What is real estate property development?

This section would clearly define real estate property development and a general overview of what this career entails. This section would also include the kind of work environment and day to day schedules/tasks of real estate developers.

2- How to get into property development?

This section encompasses the bulk of the project. I would research and include the steps someone has to take in school and other requirements such as getting licensure to become a real estate developer. This section would also analyze the financial components that is required for this career. Other important factors are the process of getting land or an existing home, the process of construction, the process of selling and getting a profit, and everything else that is needed. Lastly, I would explore the relationships and work collaborations that a real estate developer needs to have with others such as a bank, construction companies, real estate agents, architects/designers, etc.

3- Stats

This section would focus on statistics on real estate developments such as most profitable cities for this career, job growth, medium income, and other important statistics.

4- Example

This section would focus on one or two real estate development companies that closely resemble the work I want to do. I would research and give an overview of their business such as what kind of work they do, their price and profits rates, and essential information that would be beneficial to know about their company.

I believe that with his project proposal I can create a well rounded project that helps me learn about the future career I would like to have.

Ashley Herasme

       My dream job is to design and renovate residential houses and get into property development. My family’s business in the Dominican Republic is offering full design services to residential apartments and houses. They do everything from renovations to fully furnishing their clients’ home. Other members of my family in the Dominican Republic are in property development. They buy land where it’s most profitable and design/construct residential apartment buildings. The work my family does inspired me on the path of my own career goals and have helped me develop my design passion. 

        Starting my career, I would like to work in a company that designs new construction homes and also renovates existing residential properties. Since I would like to work more on houses, my ideal work environment would be more of a suburban setting rather than the city. I want to be able to work on floor plans, figuring out the layout of a house, such as the bathroom and kitchen placements. I would also like to work on design details such as picking out materials, finishes, countertops, and fixtures. 

        The type of architecture company I work for is important to me. Location is an important factor. I want to be close to my family, so my ideal location would be in or around New York, New Jersey, or Philadelphia. I feel like a small to medium sized firm would work best for me rather than a large company. I want to work in a collaborative environment where everyone supports each other. Having a good work and personal life balance is also an important factor. Later on in my career, I would like to branch out on my own and get into property development. I would love to develop beautiful properties and later on be able to sell them. I feel that being a property developer would give me more flexibility on designing homes to my preference and could potentially result in making more money.