Apart from the role of an agent and a property manager, real estate brokers also function as asset managers. Asset management involves evaluating the client’s assets and finding ways to maximize their value.
Your client may have multiple properties to his name. Your job as an asset manager is to analyze the value of the properties your client holds and advise your clients about the next course of action.
This 3-hour course on Asset Management is designed to introduce students to the various aspects of real estate asset management. Some of the topics that you will study as part of the curriculum are:
- Definition of asset management
- Types of real estate assets
- Introduction to Real Estate Investment Trusts
- Property valuation
- Cash flow and fund flow analysis
- Return on Investment analysis
- Ratio analysis and NPV analysis
- Interest rates on property purchase and leasing
- Risks associated with real estate investment
- Federal and State level regulations regarding purchase and sale of property assets
The course is designed keeping in mind the requirements of different levels of learners. A good mix of theoretical background, with practical examples, is provided in the lessons. Content questions, quizzes, and case studies are also attached to the various modules of this course, to supplement the student’s learning.
- Course Delivery Online Interactive
- Credit Hours 3 hours
- Credit Type General
- Skill level All levels
- Language English
- Maximum students 1000
Upon completion of this course, the student will be able to:- Be familiar with the basic concepts of asset management- Be familiar with the common decisions faced by an asset manager- Know what a Real Estate Investment Trust (REIT) is and the benefits of investing in one- Understand the risks and rewards associated with real estate investment- Know how to conduct a useful market study- Understand how interest rates affect the real estate market- Be able to calculate the depreciation of residential and commercial real property held for business or investment- Be familiar with the financial ratio methods of valuation, including Price to Earnings Ratios and Cap Rates- Know how to create a pro forma projection for a real estate investment alternative- Know the basics of a Discounted Cash Flow (DCF) analysis- Know how to use the Net Present Value (NPV) and Internal Rate of Return (IRR) to compare the values of several alternatives- Be familiar with distressed properties and how to handle them- Know the important factors to consider when refinancing- Be able to apply these concepts in the real world