Traits the best real estate developers have in common

While most real estate developers are quite reputable, having gone through an intense career gauntlet in their lives to get to where they are, Gene Bernshtam notes that not all real estate developers are ideal for each and every project.

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As a quick guide, Eugene Bernshtam shares some tips for picking out the right developer for a project.

Education

Even though not often needed to be specified, having an education, as well as a certification and a license, are the bare minimum for real estate developers.

Experience

Eugene Bernshtam explains that some developers have more experience in developing properties for residential areas, while others specialize more in commercial or industrial properties. Property and landowners should be open to developers who have a good history of developing land and property for their purposes.

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Track record

In line with experience, land and property owners should do their due diligence researching the potential developers on their list. Some developers may have the credentials and experience, but upon deeper digging, they may have some skeletons in closet. Be careful, and always look for the testimonials of other clients with whom these developers worked prior.

Developed land

To tie up everything on this list, people who plan to acquire the services of a developer should make the time to travel and check out the land and properties potential developers developed previously. Most of the time, a quick look will give a person a good idea on what a developer is capable of, Gene Bernshtam adds.

Gene Bernshtam has been a CEO of multiple companies. He is also a member of the Ferrari Club of America (FCA) and is the secretary of state for the Lamborghini Club of America in Illinois. Learn more about car restoration on this page.

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