Land Economist

Land economists provide advice on the administration, development and use of land and property such as office buildings, shopping centres, blocks of flats, subdivisions, factories, hotels, resorts and farms.

Land economists may perform the following tasks:

• advise on the best method of sale (e.g. leasing proposals, purchase of property) and improvements in property presentation, then arrange the sale
• advise on the leasing of new premises, determining 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 projects
• provide advice on property investment, and on achieving the best return for an investment property or group of properties.

Specialisations:

Land economists may specialise in property sectors such as industrial, commercial, retail, hotels and rural areas, or in property research or property investment analysis.

Land economists may coordinate a team of professionals including accountants, architects, engineers, quantity surveyors, financiers, builders, real estate agents and property marketers for a property project.

Personal Requirements:

• good communication and presentation skills
• leadership qualities
• aptitude for mathematics and computers
• sound judgment and analytical skills.

Related Jobs:

• Auctioneer
• Management Consultant
• Valuer

Education and Training, Employment Opportunities and Additional Information

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