© 2018, 2019 by Plog Real Estate and Consulting, LLC

Raw Land Improvements & Subdivision Development

In conjunction with our Land Surveying and Civil Engineering sister company Plog Engineering, we can provide comprehensive development of raw land for homes, equestrian facilities and subdivisions.  We can work with you in many ways to get you to your end goal and we have a long track record of doing just that.  Some of the ways we can work with you include:

 

 

Fee-Based Land Development


As a Fee Developer, Plog Real Estate and Consulting (PREC) will take on all responsibilities of the development process.  A detailed agreement with the Owner will specify the scope of duties and authority assigned to PREC.

 

PREC will assemble and direct the Project Team, including architect, contractor, engineers, and other necessary professional services.  We will carefully define each Team member’s role to assure their expertise is best utilized and duplication of effort is avoided.  PREC will coordinate all Project Team meetings and communication.  We become the primary contact for the Owner, streamlining the communication process.

 

PREC and the Project Team will carry out all activity necessary to define the project’s market: conceptualize, plan, and design the project to meet that market; obtain all entitlements for the project; build public and governmental support of the project; attract interest in the project from prospective tenants and/or purchasers; and prepare the project for construction.  Additionally, PREC will establish and maintain the project schedule, review and approve all contractors’ and subcontractors’ bids, assure compliance to project budget, conduct field inspections of project progress, resolve design and construction problems, schedule and attend inspections, approve all change orders, coordinate owner-tenant concerns, prepare punch-lists, obtain occupancy certificates, and place the building in service.

 

Fee Developer services are provided on a percentage fee basis.  The fee is based on the total project cost.  PREC's percentage fee is on a sliding scale, reducing as the size of the project increases. General percentage ranges are 2-5% of the total project cost (soft/hard/land).

 

Development Consulting

 

As Development Consultant, PREC will provide consultation to the owner/developer regarding any requested elements in the development process.  This could include, but would not necessarily be limited to: input on concept and design, site analysis and selection, review of real estate contracts, market analysis, review of cost analysis and pro-formas, review of contractor’s bids, assisting in entitlement/permitting, and review of marketing/leasing plan.  This service is best utilized by owners/developers who plan on taking an active role in developing their project, but would like the benefit of professional, objective advice on an as-needed basis.

 

Development Consulting services are provided on an hourly fee basis, affording great flexibility to the owner/developer.  PREC's Development Consulting fees range from $125 - $175 per hour, depending on the anticipated scope of involvement.  Our Development Consulting Agreement is cancelable upon notice, if for any reason you do not feel we are bringing value to your project.

 

Project/Construction Management

 

PREC provides comprehensive Project and Construction Management services.  This service includes but is not necessarily limited to: coordination of the development team, scheduling and directing all development team meetings, establishing and maintaining the project schedule, obtaining necessary permits, reviewing and approving all contractors’ and subcontractors’ bids, assuring compliance to project budget, field inspections of project progress, troubleshooting design and construction problems, scheduling and attending inspections, approving all change orders, coordinating owner/tenant concerns, preparing punch-lists, obtaining occupancy certificates, and placing the project in service.  As Project/Construction Manager, PREC becomes the primary point of communication for the owner/developer during construction.

 

Project/Construction Management services are provided on a percentage fee basis.  The fee is based on the total construction cost.  PREC’s percentage fee is on a sliding scale, reducing as the size of the project increases. General percentage ranges are 3-6% of the total project hard costs.

 

 

Partnerships with Builders and Developers

 

Plog Real Estate and Consulting will consider partnering with builders and developers on select projects to provide professional services as a soft cost investor in a project.  If you have a project that could benefit from our investment and expertise, we would be happy to to take it under consideration.  

 

Partnerships with Individual Property Owners

 

Plog Real Estate and Consulting will consider partnering with builders and developers on select projects to provide professional services as a soft cost investor in a project.  If you have a project that could benefit from our investment and expertise, we would be happy to to take it under consideration.

 

Project/Construction Management

 

PREC provides comprehensive Project and Construction Management services.  This service includes but is not necessarily limited to: coordination of the development team, scheduling and directing all development team meetings, establishing and maintaining the project schedule, obtaining necessary permits, reviewing and approving all contractors’ and subcontractors’ bids, assuring compliance to project budget, field inspections of project progress, troubleshooting design and construction problems, scheduling and attending inspections, approving all change orders, coordinating owner/tenant concerns, preparing punch-lists, obtaining occupancy certificates, and placing the project in service.  As Project/Construction Manager, PREC becomes the primary point of communication for the owner/developer during construction.

 

Project/Construction Management services are provided on a percentage fee basis.  The fee is based on the total construction cost.  PREC’s percentage fee is on a sliding scale, reducing as the size of the project increases. General percentage ranges are 3-6% of the total project hard costs.

Resources:

Acreage Seller's  Guide (PDF)

Acreage Buyer Checklist (PDF)