Procedures and Processes for Property Agents
3 Credits (ECTS)
Procedures and Processes for Property Agents
Get 70% back via Tax Credit
Module Description
This module focuses on the requirements and regulations any professional looking to rent, sell, and lease a property (residential or commercial) will expect to find in the local market.
During the course of this module, students will be able to understand the procedures and processes to initiate a sale/lease by collecting all necessary permits and meeting various acquisition property rules.
Students will be exposed to the standard contractual clauses in a letting/sale contract, in addition to the fundamental regulations governing the property industry in Malta.
Entry Requirements
Candidates who apply for this course must possess:
- School leaving certificate, passed examinations in English Language, Maltese (or mother language if it’s a foreigner); and
- Minimum age: 16+
OR
1 year of experience in relevant field
Target Audience
This course is targeted at:
- Property Consultants
- Sellers
- Negotiators
- Administration
- Workers working in the real estate industry. The target group can be extended to groups such as: construction companies, contractors and developers.
Career Paths
This course prepares students for the relevant license to operate in the capacity of real estate agents, property brokers and property consultants, as per the ‘Real Estate Agents, Property Brokers and Property Consultants Act’, enacted in 2020.
Furthermore, this programme aims to increase the employability of individuals interested in working in the real estate and construction industry.
How you’ll be assessed
The mode of assessment varies and may include in-class tasks and home-based written assignments using diverse assessment tools which may include care studies, reports, proposals, essays, presentations, multiple-choice questions assessment, as applicable to the diverse modules.
Assessment
- Formative assessment will take place during the session in the form of discussions, feedback, etc., but it will not be graded and, therefore, will have no weighting.
Module Intake Dates
TBC 2024
Additional Info
Upon successfully completing the course, students will be eligible to get 70% of their fees back through the ‘Get Qualified’ Scheme. **
*Prices are applicable to students who reside in Malta at the time of applying.
**Terms and conditions apply.
*** For the price of individual modules, please contact the IDEA Academy team.
Learning Outcomes
Competences:
- Know how to apply procedures for intiating a purchase, letting or sale.
- Use different forms to communicate the required documents to clients.
- Understand different cultures and different approaches used to collect relevant documents.
- Appraise the importance of policies and procedures.
- Identify all risks involved in meeting policies and requirements.
- Understand consumer regalations and data protection.
Knowledge:
- Outline the principles of real estate management.
- Discuss the role of FIAU.
- Become knowledgeable about rental, buy-to-let, and sales aspects.
- Define various procedures and regulations of purchasing, letting, or selling property.
- Demonstrate an understanding of acquisition of property rules.
- Understand different permits involved throughout the process.
- Discuss property searches and permits associated.
- Learn how to solve any issues which may arise during real estate procedures and processes.
- Familiarise oneself with health and safety and sanitary regulations.
- Learn to identify common defects and malpractice in real estate.
Skills:
- Communicate acquisition of immovable property rules.
- Evaluate the client’s position and recommend relevant documentation.
- Explain relevant permits and how to obtain them.
- Deal with any procedural issues that may occur in real estate.
- Abide by and promote relevant health and safety legislation/regulations.
Module-Specific Learner Skills:
- Identify malpractice and effective ways to deal with it.
Module-Specific Digital Skills and Competences:
- Navigate through the online learning platform to find assignments, discussion boards, literature, tutorials, etc.