MQF Level 5 Award for Property Agents
Award
Property Agents
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€420 refund on this course
Course Description
Malta’s construction industry is currently one of the industries with rapid development, in which there is high demand for properties of all types.
This short programme will develop a number of skills and competences, post acquiring the knowledge, to deal with different relevant stakeholders.
In addition, modules will target various aspects to fully understand the market and help enhance career progression within this industry.
The overall course objectives are:
Knowledge:
Define, Explain and discuss the following topics:
- Permits required
- Property rules
- Promise of sale
- Purchase/Letting/Lease contract
- Valuations
- Land registration act
- Contract laws
- ERA and PA legislations
- Sales techniques
- Consumer relations
- Notarial role
- VAT Issues
- Buyers/Sellers databases
- FIAU
- Bank loans
- Anti-money laundering act and legislation
- Stamp duty, capital transfers tax, final withholding tax
- Civil law and property regulations and court procedures
Skills:
- Negotiation
- Decision making
- VAT calculation
- Keeping records of all stakeholders
- Recording property details on relevant databases
- Reviewing promise and contracts of sale
- Understanding the difference in law between countries
- Communicating information to all parties
- Discussing financial issues with both clients and banks
- Discussing different laws and legal notices directly related to propert industry.
- Apply anti-laundering legislation and civil law relevant to property legal matters Assist in applying money laundering and civil law procedures
Competences:
- Assist in bank relations
- Negotiate in a very competitive market
- Record stakeholders information
- Understand related PA and ERA legistlation
- Adapt to other communication styles
- Manage own intrinsic and extrinsic motivation to stay effective
- Apply relevant property tax to different types
- Conduct customer due deligence
- Writing SMART(er) objectives
- Communicate which permits required to complete sale
- Understand clients/suppliers’ financial positions
- Understand policies to the different property available
- Take part of marketing newly placed property
Entry Requirements
Candidates who apply for this course must have:
- School leaving certificate, passed examinations in English Language, Maltese (or mother language if it’s a foreigner);
- Minimum age: 16
- or · 3 years’ experience in relevant field
Target Audience
The target group focuses primarily on people already employed who wish to have a more thorough background in the subject in order to progress further in their career.
- Any person wanting to improve his/her employability opportunities
- A person wanting to progress onto higher qualifications in the areas of management
Career Paths
This course prepares students for relevant license to operate in the capacity property consultants, as mentioned in the White Papers entitled “Malta’s Property Code and Regulations”
Furthermore, this programme aims to increase employability of individuals interests to work in the real estate and construction industry.
Modules
You are required to complete all 4 compulsory modules (12 ECTS) to fulfil the requirements of this award.
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MQF Level 5 Award for Property Agents
How you’ll be assessed
All modules of study will be assessed by means of an end-of-module exam.
Students will be instructed to sit for a 2 hour exam per module Summative Assessment: The goal of summative assessment is to evaluate student learning at the end of each module by comparing it against module objectives.
Assessment
The programme specific assessment criteria, ensures that students have met the programme learning outcomes and module outcomes reliably, validly and fairly (please refer to assessment criteria table)
The summative assessment
- An understanding of core theories as they relate to module specific objectives.
- The ability to apply models, theories and concepts to real-world scenarios.
- The capability of conducting research and presenting findings – the ability to critically analyse and evaluate information.
Course Intake Dates
TBC 2024
Learning Outcomes
For Communication Skills:
The learner will be able to:
- Communicate with a large variety of people at different levels within own organisation as well as external stakeholders.
- Prepare and communicate information on complex contemporary issues in management, strategy and leadership to specialist and non-specialist audiences.
For Learning Skills:
The learner will be able to:
- Be in a position to understand different concepts and ideas
- Enhance their career by developing knowledge and understanding to systematically and creatively inform their management practices.
- Understand the relevant tools and be motivated to continue learning, developing and reflecting throughout their careers.
- Understand marketing strategies and apply relevant marketing models, theories and concepts.
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The road is rough and bumpy, but the satisfaction at the end of the journey is priceless. IDEA Academy administration, staff and lecturers made it feel more effortless than it looks. Success isn’t easy, but if you believe you can achieve it. No words can explain my gratitude for all the help and motivation provided throughout the course. It’s never too late to enrich your academic portfolio.
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M.Sc. in Governance and Management