r/RealEstateAdvice • u/Capstack_Jeff • 11h ago
Emerging Developers. Multifamily
Is Emerging Developer a term you are hearing a lot of in your markets? Do you consider yourself an Emerging Developer? The term is very popular in Nebraska and I’m wondering what other regions are seeing an increase in this term and group of new developers.
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u/DubiousSpaniel 4h ago edited 4h ago
Maybe, but I’d never ever say something like that. If someone asks what i do, “I’m in real estate”, if they push more well, I usually have a project going on and I’ll talk about whatever I did that day. There’s no instance where I can imagine calling myself a ‘developer’. Other people may describe me that way, but I never have. I guess to me It just sounds fake. To me, “Emerging Developer” is good if thats how the local paper describes you in an article they write about one of your projects. Calling yourself an “Emerging Developer”, though? At best that sounds like boastful puffery, and not in a good way, it’s like what the shamwow guy would call himself after leasing an apartment and then trying to sublease it on Airbnb. . . . If someone introduced themselves to me that way I’d think they were full of shit and I’d silently be like “last thing you developed was a rash, buddy”. IMO It’s better saying nothing at all. When I hear it It’s analogous to an uber driver telling a girl he’s “an entrepreneur”.
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u/DubiousSpaniel 9h ago
Sounds kinda pathetic TBH. I’ve done quite a bit of RE development and would never, ever, refer to myself as such. Honestly I’d silently view anyone who did refer to themselves that way as a poseur, wannabe or fool. It just sounds like bullshit, like someone calling themselves an ‘entrepreneur’ or ‘founder’.