11037 (v.3) Real Estate Business 305

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Area:	School of Economics and Finance
Credits:	25.0
Contact Hours:	3.0
Lecture:	1 x 1.5 Hours Weekly
Tutorial:	1 x 1.5 Hours Weekly
Syllabus:	Procedures for the exchange of real estate, commercial and residential property marketing, negotiating real estate contracts, introduction to property management, regulatory framework of real estate agency, trust accounting requirements, management of real estate businesses, ethics.
Unit Outcomes:	On successful completion of this unit students will have - Knowledge of real estate agency principles and practice in Western Australia. Understood the use of various marketing techniques in sales and leasing of residential, commercial and industrial properties. Developed oral and written communication skills sufficient to engage effectively in real estate business. Understood the laws affecting real estate agency in Western Australia. Appreciated and endorsed the ethical behaviour required in real estate.
Text and references listed above are for your information only and current as of September 30, 2003. Please check with the unit coordinator for up-to-date information.
Unit References:	Real Estate and Business Agents Act 1978, Strata Titles Act 1985, Strata Titles General Regulations 1996, Real Estate and Business Agents (General) Regulations 1979, Residential Tenancies Act 1987, Residential Tenancies Regulations 1989, Commercial Tenancy (Retail Shops) Agreements Act 1985, Commercial Tenancy (Retail Shops) Agreements Regulations 1985.
Unit Texts:	Davis and Fanning, (1995),Messages McKay, New Harbinger, Oakland.
Unit Assessment Breakdown:	Practical Experience: to be completed to satisfaction of course co-ordinator 20%, Assignments 25%, Final Examination 40%, Lecture/Tutorial Participation 15%. This is done by grade/mark assessment.
Year Location Period Internal Area External Central External 2004 Bentley Campus Semester 2 Y