| Course ID: | IGI/GE-SE>ZARZPOŚ |
| Course title: | REAL ESTATE MANAGEMENT AND REAL ESTATE BROKERAGE |
| Semester: | 3 / Winter |
| ECTS: | 4 |
| Lectures/Classes: | 30 / 15 hours |
| Field of study: | Geodesy and Cartography |
| Study cycle: | 1st cycle |
| Type of course: | compulsory |
| Prerequisites: | |
| Contact person: | dr hab. Alina Kulczyk-Dynowska, prof. uczelni; alina.kulczyk-dynowska@upwr.edu.pl |
| Short description: | Course presents purposes, principles and procedures of real estate management and real estate brokerage. Course indicates features appropriate for residential and commercial properties. Specifies real estate management plan. Real estate investments. Submit contracts related to real estate - rental and leasing. Course treats property as a market object. |
| Full description: | Property as an object - historical aspects of real estate market. SWOT analysis. Four pillars of management. Evolution of real estate management. Professional activity in the field of real estate management and real estate brokerage. Consequences of legal deregulation. Civil and criminal professional liability. Participants in process of real estate management. Forms of real estate possession and ownership. Form and content of real estate agreement and real estate brokerage agreement. Rights and obligations of real estate agreement participants. Real estate acquisition of real estate management. Real estate agreements. Property owner guidelines for real estate manager; strategic goals and analysis of determinants. Procedures of operational management; accounting services; apartments house management, rules of social norms; preparing reports. Residential and commercial management. Real estate management plan: aim and functions; methods of its, information; examples of different types of properties. Taxes. |
| Bibliography: | 1. Daithankar, Jayant. SAP Flexible Real Estate Management. 2016. Web. 2. Manganelli, Benedetto. Real Estate Investing. Market Analysis, Valuation Techniques, and Risk Management. 2015. https://doi.org/10.1007/978-3-319-06397-3 https://link-1springer-1com-100001ded04a3.han.bibl.up.wroc.pl/book/10.1007%2F978-3-319-06397-3 3. Thomas J. Miceli & Katherine A. Pancak & C. F. Sirmans. Is the Compensation Model for Real Estate Brokers Obsolete? J Real Estate Finan Econ (2007) 35:7–22 DOI 10.1007/s11146-007-9026-x 4. Breuer, Wolfgang. Nadler, Claudia. Real Estate Finance. Gabler Verlag, Springer Fachmedien Wiesbaden GmbH, Wiesbaden 2012 https://doi.org/10.1007/978-3-8349-3864-0 5. Kulczyk-Dynowska A., Przybyła K., 2020, Residential real estate in the municipalities linked with Polish national parks, Eurasian Economic Perspectives pp 3-16, EBES Berlin 2018, Part of the Eurasian Studies in Business and Economics book series (EBES, volume 12/1), https://link.springer.com/chapter/10.1007/978-3-030-35040-6_1 |
| Learning outcomes: | KNOWLEDGE: Student knows the essence and goals of real estate management, form and issues of real estate management agreements and real estate brokerage agreements; rights and obligations of real estate agreement and real estate brokerage. Knows rules of real estate acquisition of real estate management. Student is aware of specific nature of residential and commercial management. Student knows main aim and functions of real estate management plan, and information range connected with it. SKILLS: Student can compose a real estate management agreement. Student can compose a real estate brokerage agreement. Student is able to put through acquisition of real estate management; has a knowledge how to conclude rental and leasing agreements, utilities agreements, outsourcing service supply, make reports for property owners. Student has an ability to manage various forms of real estate possession including commercial properties. Student is able to make a choice of optimal real estate management of various types of properties. Student can prepare a real estate management plan. Student understand the real estate investment process. SOCIAL COMPETENSENS Student is aware about constant professional ability improvement and is able to update and develop its professional skills. Understands economic phenomena and social changes in real estate market. Understands professional role and responsibility of real estate manager and real estate brokerage in economic development. |
| Assessment methods and assessment criteria: | Evaluation of classes 50%, evaluation of lecture 50% (classes 50%, lectures 50%) |