During the years that Paul Ognibene has spent working in real estate developing, he has seen many come and go due to the demands of the business. Over time, Ognibene has become intimately aware of the qualities that enable a developer to be successful and at the forefront of the processes associated with the industry. Paul Ognibene recognizes that everyone may not be aware of what qualities set successful real estate developers apart from the pack and includes a list of traits that a capable individual in the industry should possess.
Problem Solving: When developing a project, complications or obstacles can arise at any stage of the process. Paul Ognibene notes that, because there is such a capacity for problems to arise on the job, the ability for a real estate developer to be able to intuitively problem solve is paramount. Developers generally know more of the common obstacles that pop up during the development process such as zoning issues or communicating with adjacent landowners and know that there are a lot of ways to solve them. A quality real estate developer will work to have contingency plans for predicted complications, and they will also have the acumen and experience to deal with ones that come seemingly out of the blue as well.
Decisiveness: Real Estate developers know that time is money when it comes to many things and it is especially true in the real estate world. Even the smallest of timing setbacks in the real estate arena can lead to costly ramifications that effect both the timing of the project and the associated budgets. The ability to be decisive about the way in which the project is managed will help ensure that easy to avoid setbacks do not negatively impact scheduled projects. Working in tandem with the ability to problem solve, a real estate developer must be quick to make quality decisions once they have decided the correct course of action.
Excellent People Skills: Real estate developers that are the most successful invariably have great people skills. A developer can must work with a myriad of different people during the process such as; builders, councilmen, tradespeople, consultants, etc. Meaning, a real estate developer is in constant communication with individuals of all walks of life and with varying personalities. Paul Ognibene consistently attests to the fact that any developer worth their salt will know how to lead a team of people with different skills and backgrounds. The ability to listen to and communicate with an assortment of people is the cornerstone of the leadership responsibility.
Paul Ognibene CEO 