What Does a Real Estate Developer Do?
I get this a lot: How does your real estate developer background prepare you for launching Perch?
Fair enough! Perch is a strategic home planning and renovation service that helps homeowners clarify needs, steps, budget and vision before even picking up the phone to call a pro. It’s that home planning service to snag before you engage other home renovation professionals — and it doesn’t really exist out there (besides Perch).
My background for this home renovation expertise is in my work as a residential real estate developer. Partnered with my husband, we have assessed hundreds of homes and brought the final cut of those successfully to the real estate market with our business, Nicholwood.
Real estate developing, as we do it, is investing in a residential property and “developing” it, aka restoring/reconfiguring it to earn us a profit margin when we resell it. For us in particular, we also require that it adds meaningful value to the neighborhood and to the legacy of that particular structure.
We honor the life of that place and the future it will have. That will also mean that while a nod to the past is great, we need it to be warm when it’s cold out, have outlets where you need them -- basically to bring places that have become unloved into a modern era. My historian husband, Chris, often says: “I always want to restore something so that it’s valuable enough that it’s not cost effective to wipe it out.”
To do that, it has to earn its keep. The steps on the road to house beautiful:
market analysis
property search
offer decisions
offers & negotiation
purchase
planning, planning, planning
contracts
architectural plans
zoning
permitting
salvaging
demolition
construction
sourcing decisions
finish decisions
design decisions
quality control
municipality interface
neighbor interface
marketing
prep for sale
pricing
negotiation
sale
I’m making decisions about layouts and hiring contractors and analyzing bids all the time, with my investment on the line. Can you picture yourself going into those decisions for yourself with all the info and expertise you need? Why not leverage my expert house knowledge to your advantage? Let me empower you to make the right home decisions for you.
Check me out on Instagram, Facebook or schedule a free call.