Ali Ata Describes the Ideal Real Estate Developer

 

Ali Ata: Here's How to Choose Your Real Estate Developer



Ali Ata is a veteran of the real estate industry who believes that your choice of real estate developer requires a lot of consideration. There are hundreds, maybe even thousands of real estate developers out there. How do you choose the best developer for your needs? Here are aspects of real estate developers you should look into.

Schedule

When is the development scheduled to be completed? Does the developer have a good reputation for completing projects on time? Are there any potential delays that could impact the schedule?

Pricing

Is the pricing in line with other similar developments in the area? Are there any concerns that the prices could drop after completion? Ali Ata notes that these are all important factors to consider as you choose a developer.

Image source: istockphoto.com

 Track Record

 Does the real estate developer have, at the very least,   an acceptable track record? Have they completed   similar projects successfully in the past? Are they   well-respected in the industry? These are all   important factors to consider, Ali Ata adds.





Location

Where is the development located? Consider both the immediate surrounding area and the larger region. Is it in a desirable neighborhood? Is it close to public transportation and other amenities? What is the crime rate like? Ali Ata says that all of these factors will affect both the value of your investment and your enjoyment of living there.

Image source: istockphoto.com

Financing

How is the development being financed? Is the developer using pre-sales to finance the project? If so, what is the sales rate like? Are there any concerns about the developer's ability to finance the project?

Take a lot of time and do your research. Ali Ata notes that choosing the perfect real estate developer, especially for your needs, is an important decision that should not be taken lightly. By considering all of these factors, you can find the best developer for you.

Real estate veteran Ali Ata has written a series of blogs on real estate. They can be found on this site.

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