Real estate developers do a great deal more than simply buying and selling properties. They should have the capability to do market research. They buy properties at a lower price and develop it to get a higher return. For that, they obtain the necessary permits for construction, secures financial help, gets the designing and construction done and manages the over all process. The timings are important in the business. He must possess adequate knowledge of the trends as to when the market will be down and when it will be booming and good for the business. Negotiating skills is also important while making deals. A good negotiator can gain attractive profits from the business.