Course Catalogue

Licence-Based

Skill-Based

Sales-Based

Advisory Board

Agent Alliance

Product

Online Mock Up Exam

Synopsis:

This subject covers the ethics and conduct of a real estate agent, and the business management.

Duration:

Approximately 20 hours of study.

Objectives:

After completing this subject, the student should be able to understand and be able to:

• Elaborate on the professional conduct of real estate agent and management of a real estate company.

• Describe technical , ethical and legal procedures.

• Handle any direct inquiries regarding the professionalism expected of a real estate agent.

Topics:

Real Estate Market

Physical and Economic Characteristics of Land; Definition of Market; Characteristic of Real Estate Markets; Supply and Demand factors; Real Estate Cycle; Factors Affecting Market Operations; Government Intervention and Effect on Market; Singapore Real Estate Stock.

Code of Conduct and Ethics

Characteristics of a Profession; Code of Conduct and Ethics; Misrepresentation; Disclaimers.

Real Estate and Other Forms of Investment

Definition of Investment; Qualities and Forms of Investment; Risk and Returns; Advantages and Disadvantages of Real Estate Investment in Comprison with other Forms of Investment; Measurement of Return From Other Types of Investment.

Business Management, Development and Office Management

Contract of Employment; Type of Estate Agency Firms; Business Development Opportunities; Business Development Efforts; Office Organisation; Management Information System; Principles of Accounting; Clients Accounts; Record Keeping.

Real Estate Finance & Analysis

Sources of Financing - Banks, Finance Houses; Insurance Corporations; CPF (Approved Residential Property Scheme); CPF (Approved Non Residential Property Scheme); CPF (HDB Scheme); CPF (Mindef Scheme); Term Loan; Overdraft Facilitiesl; Prepayment; Default; Valuation & Investment Analysis.

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