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Land Economist
Land economists provide advice on the administration and
use of land and property such as office buildings, shopping
centres, blocks of flats, factories, hotels, resorts and
farms.
Land economists may perform the following tasks:
- advise on the best method of sale, leasing proposals,
purchase of property and improvements in property
presentation, and arrange the sale
- advise on the leasing of new premises, such as space
requirements, the best geographical location and the costs
involved, and negotiate with landlords
- develop and implement a marketing strategy for
investment properties and negotiate with tenants
- collect and research information on property and write
comprehensive reports
- prepare feasibility studies, carry out market research,
evaluate the risks and returns of property developments and
manage the project
- provide advice to achieve the best return for an
investment property or group of properties and on financing
the property
- advise on different types of property investments
including property trusts.
Land economists may coordinate a team of professionals
including accountants, architects, financiers, builders, real
estate agents and property marketers for a property project.
Land economists may specialise in property areas such as
industrial, commercial, rural and retail, or in property
research or property investment analysis.
Required Skills - Land Economist
- good communication skills
- leadership qualities
- aptitude for maths and computers
- sound judgment and analytical skills
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