Residential Development 101 vCourse

Course Outline

Understanding the Fundamentals: Before You Start

This section explores the fundamental drivers of real estate, the different models of property development, and the research that developers rely upon to make informed decisions.

Getting Started: Tools and Strategies

Here, we examine two critical tools - the project feasibility and the development program - to understand the importance of risk versus return.

We explore the due diligence process and how developers manage the risk of an opportunity through site investigations, acquisition strategies, and contract types.

Creating the Vision: Architecture, Planning, and Engineering

In this section, we bring together the architecture, planning, and engineering elements to understand how the vision for a project comes together.

We cover how to engage a team, develop a design concept, and navigate the complex process of getting a development approval.

Selling the Vision: Marketing and Legal Documentation

Here, we explore how to develop the creative identity of a project through its positioning, brand identity, and marketing strategy.

We delve into how to put together a marketing budget that responds to the marketing strategy and dive into the legal documentation required to seal the deal.

Building the Vision: Construction and Risk Management

This section covers how to estimate construction costs before building, the different ways to procure a building contractor, and how to manage the risks and opportunities associated with the construction process.

Funding the Vision: Capital Structure and Legal Considerations

In this section, we investigate the critical funding phase of the property development process by understanding the capital structure of a project, the difference between debt and equity, and the financial returns that banks and other financiers look for.

We also tackle the core legal issues that anyone borrowing money for property development needs to consider.

Bringing the Vision to Life: Settlement and Practical Completion

In the final section, we look at the most important process of all - settlement.

We provide an overview of the entire property settlement process, including practical completion, registering of titles, purchaser settlements, and defect liabilities.