What Do Developers Do?

Developers can be individuals, small partnerships, or large companies. Some operate in a single market, such as Houston or Atlanta, while others focus on a larger region, such as the northeastern United States, or even on the entire country. A few U.S. developers operate globally. Some developers maintain a small staff and outsource many development functions, while others employ a large number of professionals and perform most development functions in-house.



Deciding What to Build and Financial Feasibility
After deciding where they might want to build, developers decide what they might want to build, and whether to go ahead with the project.
Read More
How Developers Get Started
Developers start with the land on which they will build. To decide where to acquire land in a market, they first conduct a market study.
Read More

Product Sectors

Developers engage in either for-sale residential development or commercial development, which includes income-producing rental apartments. The “Real Estate Developers and Product” chart shows the major products of residential and commercial developers, and the following sections provide further details.

You might also be interested in...

ABC Announces Its 2022 Young Professional of the Year
Associated Builders and Contractors today announced Luke Perry, vice president at Perry Contracting, Cincinnati, received ABC’s 2022 Young Professional of the Year Award. Perry was honored at ABC Convention 2022 in San Antonio on March 15.
Read More
Surviving ‘The Great Resignation’
Did you know an eye-popping 95% of all U.S. workers say they are now considering leaving their jobs? Find out what’s fueling the mass Exodus.
Read More
Raise Your Hand
"Do you want to advance in your career? Raise your hand. Raise it to volunteer. Raise it to take on a new assignment. Be open to the opportunities that come your way and let the experience take you to a broader understanding of your business and the people in it." Property manager Mayra Ramirez shares her professional journey in a new IREM Blog.
Read More
The David Barrett Memorial Scholarship
Scholarship alert! Calling all undergrad and grad students with an affinity for classical design! Enter the David Barrett Memorial Scholarship for a chance to win up to $12,000.
Read More
ABC to Congress: College Degrees Do Not Define Career Success
Frank Boecker testified on behalf of Associated Builders and Contractors before the U.S. House Committee on Small Business Subcommittee on Innovation, Entrepreneurship, and Workforce Development on the indispensable role that community colleges, trade schools and career and technical education programs play in the construction industry.
Read More
What’s a REIT (Real Estate Investment Trust)?
In the U.S., REITs support more than two million full-time jobs, including brokers, investor relations, accountants, architects, designers, financial analysts, property managers, marketers, developers, human resources, and more.
Read More