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MARSHALL DURRETT: REAL ESTATE DEVELOPER
What does it mean to be
a real estate developer?
What does it mean to be
a real estate developer?
A real estate developer buys and sells property,
  either land or buildings, after he or she adds
value to the property. Value can be added to the
     property by subdividing the land, making
 improvements, or constructing buildings such as
       offices, shopping centers or housing.
What does a real estate
 developer do on any
      given day?
What does a real estate
 developer do on any
      given day?
 Work with Architects
What does a real estate
 developer do on any
      given day?
 Work with Architects

 Review Contracts
What does a real estate
 developer do on any
      given day?
 Work with Architects

 Review Contracts

 Meet with Clients
What does a real estate
 developer do on any
      given day?
 Work with Architects

 Review Contracts

 Meet with Clients

 Prepare Budgets
What does a real estate
 developer do on any
      given day?
 Work with Architects

 Review Contracts

 Meet with Clients

 Prepare Budgets

 Visit Jobsites
What does a real estate
 developer do on any
      given day?
 Work with Architects   Supervise Employees

 Review Contracts

 Meet with Clients

 Prepare Budgets

 Visit Jobsites
What does a real estate
 developer do on any
      given day?
 Work with Architects   Supervise Employees

 Review Contracts       Create Advertisements

 Meet with Clients

 Prepare Budgets

 Visit Jobsites
What does a real estate
 developer do on any
      given day?
 Work with Architects   Supervise Employees

 Review Contracts       Create Advertisements

 Meet with Clients      Work with Engineers

 Prepare Budgets

 Visit Jobsites
What does a real estate
 developer do on any
      given day?
 Work with Architects   Supervise Employees

 Review Contracts       Create Advertisements

 Meet with Clients      Work with Engineers

 Prepare Budgets        Read Market Reports

 Visit Jobsites
What does a real estate
 developer do on any
      given day?
 Work with Architects   Supervise Employees

 Review Contracts       Create Advertisements

 Meet with Clients      Work with Engineers

 Prepare Budgets        Read Market Reports

 Visit Jobsites         Analyze Profitability
What is needed to be a
real estate developer?
What is needed to be a
real estate developer?
 Vision
What is needed to be a
real estate developer?
 Vision

 Reading &
 Comprehension
What is needed to be a
real estate developer?
 Vision

 Reading &
 Comprehension

 People Skills
What is needed to be a
real estate developer?
 Vision

 Reading &
 Comprehension

 People Skills

 Confidence
What is needed to be a
real estate developer?
 Vision          Math & Logic

 Reading &
 Comprehension

 People Skills

 Confidence
What is needed to be a
real estate developer?
 Vision          Math & Logic

 Reading &       Communication
 Comprehension

 People Skills

 Confidence
What is needed to be a
real estate developer?
 Vision          Math & Logic

 Reading &       Communication
 Comprehension
                 Creativity
 People Skills

 Confidence
What is needed to be a
real estate developer?
 Vision          Math & Logic

 Reading &       Communication
 Comprehension
                 Creativity
 People Skills
                 Computer Skills
 Confidence
What is needed to be a
real estate developer?
 Vision          Math & Logic

 Reading &       Communication
 Comprehension
                 Creativity
 People Skills
                 Computer Skills
 Confidence
                 Problem Solving
Math Problems:
Math Problems:
I buy a piece of land for $100,000 and build a house
on it that costs $300,000 in labor and materials. What
is the total cost of my project?
Math Problems:
I buy a piece of land for $100,000 and build a house
on it that costs $300,000 in labor and materials. What
is the total cost of my project?

           $100,000 + $300,000 = $400,000
Math Problems:
I buy a piece of land for $100,000 and build a house
on it that costs $300,000 in labor and materials. What
is the total cost of my project?

           $100,000 + $300,000 = $400,000

I sell the house for $500,000 to a young family from
California. How much money do I make?
Math Problems:
I buy a piece of land for $100,000 and build a house
on it that costs $300,000 in labor and materials. What
is the total cost of my project?

           $100,000 + $300,000 = $400,000

I sell the house for $500,000 to a young family from
California. How much money do I make?

      $500,000 - $400,000 = $100,000 (PROFIT)
Math Problems:
I buy a piece of land for $100,000 and build a house
on it that costs $300,000 in labor and materials. What
is the total cost of my project?

           $100,000 + $300,000 = $400,000

I sell the house for $500,000 to a young family from
California. How much money do I make?

      $500,000 - $400,000 = $100,000 (PROFIT)

What percentage of the sales price is my profit?
Math Problems:
I buy a piece of land for $100,000 and build a house
on it that costs $300,000 in labor and materials. What
is the total cost of my project?

           $100,000 + $300,000 = $400,000

I sell the house for $500,000 to a young family from
California. How much money do I make?

      $500,000 - $400,000 = $100,000 (PROFIT)

What percentage of the sales price is my profit?

             $100,000 / $500,000 = 20%
Why did I choose to be
a real estate developer?
Why did I choose to be
 a real estate developer?
I like to create value and build properties that will
 bring people happiness for many years to come...
MARSHALL DURRETT: REAL ESTATE DEVELOPER
MARSHALL DURRETT: REAL ESTATE DEVELOPER
MARSHALL DURRETT: REAL ESTATE DEVELOPER


         Any Questions?

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Casis Career Day 2007

  • 1.
  • 2.
  • 3. MARSHALL DURRETT: REAL ESTATE DEVELOPER
  • 4.
  • 5.
  • 6.
  • 7.
  • 8.
  • 9.
  • 10.
  • 11.
  • 12.
  • 13.
  • 14.
  • 15.
  • 16.
  • 17.
  • 18.
  • 19.
  • 20.
  • 21.
  • 22.
  • 23.
  • 24.
  • 25.
  • 26.
  • 27.
  • 28.
  • 29.
  • 30.
  • 31.
  • 32.
  • 33.
  • 34.
  • 35. What does it mean to be a real estate developer?
  • 36. What does it mean to be a real estate developer? A real estate developer buys and sells property, either land or buildings, after he or she adds value to the property. Value can be added to the property by subdividing the land, making improvements, or constructing buildings such as offices, shopping centers or housing.
  • 37.
  • 38. What does a real estate developer do on any given day?
  • 39. What does a real estate developer do on any given day? Work with Architects
  • 40. What does a real estate developer do on any given day? Work with Architects Review Contracts
  • 41. What does a real estate developer do on any given day? Work with Architects Review Contracts Meet with Clients
  • 42. What does a real estate developer do on any given day? Work with Architects Review Contracts Meet with Clients Prepare Budgets
  • 43. What does a real estate developer do on any given day? Work with Architects Review Contracts Meet with Clients Prepare Budgets Visit Jobsites
  • 44. What does a real estate developer do on any given day? Work with Architects Supervise Employees Review Contracts Meet with Clients Prepare Budgets Visit Jobsites
  • 45. What does a real estate developer do on any given day? Work with Architects Supervise Employees Review Contracts Create Advertisements Meet with Clients Prepare Budgets Visit Jobsites
  • 46. What does a real estate developer do on any given day? Work with Architects Supervise Employees Review Contracts Create Advertisements Meet with Clients Work with Engineers Prepare Budgets Visit Jobsites
  • 47. What does a real estate developer do on any given day? Work with Architects Supervise Employees Review Contracts Create Advertisements Meet with Clients Work with Engineers Prepare Budgets Read Market Reports Visit Jobsites
  • 48. What does a real estate developer do on any given day? Work with Architects Supervise Employees Review Contracts Create Advertisements Meet with Clients Work with Engineers Prepare Budgets Read Market Reports Visit Jobsites Analyze Profitability
  • 49.
  • 50. What is needed to be a real estate developer?
  • 51. What is needed to be a real estate developer? Vision
  • 52. What is needed to be a real estate developer? Vision Reading & Comprehension
  • 53. What is needed to be a real estate developer? Vision Reading & Comprehension People Skills
  • 54. What is needed to be a real estate developer? Vision Reading & Comprehension People Skills Confidence
  • 55. What is needed to be a real estate developer? Vision Math & Logic Reading & Comprehension People Skills Confidence
  • 56. What is needed to be a real estate developer? Vision Math & Logic Reading & Communication Comprehension People Skills Confidence
  • 57. What is needed to be a real estate developer? Vision Math & Logic Reading & Communication Comprehension Creativity People Skills Confidence
  • 58. What is needed to be a real estate developer? Vision Math & Logic Reading & Communication Comprehension Creativity People Skills Computer Skills Confidence
  • 59. What is needed to be a real estate developer? Vision Math & Logic Reading & Communication Comprehension Creativity People Skills Computer Skills Confidence Problem Solving
  • 60.
  • 62. Math Problems: I buy a piece of land for $100,000 and build a house on it that costs $300,000 in labor and materials. What is the total cost of my project?
  • 63. Math Problems: I buy a piece of land for $100,000 and build a house on it that costs $300,000 in labor and materials. What is the total cost of my project? $100,000 + $300,000 = $400,000
  • 64. Math Problems: I buy a piece of land for $100,000 and build a house on it that costs $300,000 in labor and materials. What is the total cost of my project? $100,000 + $300,000 = $400,000 I sell the house for $500,000 to a young family from California. How much money do I make?
  • 65. Math Problems: I buy a piece of land for $100,000 and build a house on it that costs $300,000 in labor and materials. What is the total cost of my project? $100,000 + $300,000 = $400,000 I sell the house for $500,000 to a young family from California. How much money do I make? $500,000 - $400,000 = $100,000 (PROFIT)
  • 66. Math Problems: I buy a piece of land for $100,000 and build a house on it that costs $300,000 in labor and materials. What is the total cost of my project? $100,000 + $300,000 = $400,000 I sell the house for $500,000 to a young family from California. How much money do I make? $500,000 - $400,000 = $100,000 (PROFIT) What percentage of the sales price is my profit?
  • 67. Math Problems: I buy a piece of land for $100,000 and build a house on it that costs $300,000 in labor and materials. What is the total cost of my project? $100,000 + $300,000 = $400,000 I sell the house for $500,000 to a young family from California. How much money do I make? $500,000 - $400,000 = $100,000 (PROFIT) What percentage of the sales price is my profit? $100,000 / $500,000 = 20%
  • 68.
  • 69. Why did I choose to be a real estate developer?
  • 70. Why did I choose to be a real estate developer? I like to create value and build properties that will bring people happiness for many years to come...
  • 71.
  • 72. MARSHALL DURRETT: REAL ESTATE DEVELOPER
  • 73. MARSHALL DURRETT: REAL ESTATE DEVELOPER
  • 74. MARSHALL DURRETT: REAL ESTATE DEVELOPER Any Questions?