Property economists provide advice about the administration, development and use of land and property such as office buildings, shopping centres, blocks of flats, subdivisions, factories, hotels, resorts and farms.
Duties & Tasks
Property economists may perform the following tasks:advise on the best method of sale (such as leasing proposals or purchase of property) and improvements in property presentationarrange the sale of propertiesadvise on the leasing of new premises and negotiate with landlords, determining space requirements, the best geographical location and the costs involveddevelop and implement marketing strategies for investment properties and negotiate with tenantscollect and research information about properties and write comprehensive reportsprepare feasibility studies, carry out market research, evaluate the risks and returns of property developments, and manage projectsadvise on property investment, and on achieving the best return for an investment property or group of properties.
Property economists may coordinate a team of professionals for a property project. This may include accountants, architects, engineers, quantity surveyors, financiers, builders, real estate agents and property marketers.
- good communication and presentation skills leadership qualities aptitude for mathematics and computers sound judgment and analytical skills.