EP145: WISDOM: Jerome Roith on profiting from property without even breaking ground
With over 25 years experience in property sales and development, Jerome Roith started in estate agency in a central London eventually founding his own agency. In this discussion Jerome shares his expertise on why he believes the best strategy in property development doesn't even involve breaking ground. Known as planning gain, this is the process of identifying and acquiring prime properties, and managing the planning permission process. He also talks about the importance of maintaining time efficiency and assessing the viability of pursuing certain developments.
KEY POINTS:
Jerome takes as through his six step planning gain process from identifying opportunities, gaining exclusivity, legal conditional deals, sub-sale transactions, marketing protocols, and finding buyers.
The importance of systemisation in the property development business. Jerome stresses the need to track processes, maintain fair timelines, and highlights the crucial role of communication in closing deals.
How the complexities of the property market led Jerome to establish a training course with a focus on 10 core principles essential for a successful property development business, extending beyond the professional aspects to the impact personal life.
ABOUT JEROME
Jerome Roith is the co-founder of boutique property developer Sensitive Developments and founder of market leading property development training provider, Property Planning Gain. With over 25 years experience in the UK property market Jerome has been involved in developments with a GDV in excess of £50m. These include multiple Office to Residential permitted development schemes in SE England, new build executive housing as well as being instrumental in delivering numerous planning consents across the UK.
Recently, Jerome has created his own 2 day, in person property development training programme covering the 10 core principles of property development and provides "real world" training in a crowded market.
Jerome is also an advocate for prioritising good mental health and practises meditation daily. Away from the office his passion is long distance running, regular gym sessions, long walks in the Lancashire countryside and Arsenal FC.
CONNECT WITH JEROME
Website: https://www.propertyplanninggain.co.uk/
LinkedIn: https://www.linkedin.com/in/eyeedul-haque/
Instagram: @propertyplanninggain
