Real estate and property management teaches students effective ways to manage, administer and sell property owned by another party or entity. Professionals may handle all aspects related to a property, from finding potential buyers, maintaining house integrity, or making sure tenants respect their contractual obligations. Managed properties include residential and vacation properties, commercial retail space or industrial warehouse space. The real estate and property management discipline deals with four major areas: marketing and financial aspects, tenant and occupancy, facilities of property, and administration and risk. Real estate and property management integrates theories from other disciplines like: accounting, finance, business administration and strategic management.
Students will obtain in-depth knowledge of property maintenance and functional and aesthetical development of buildings. Future professionals understand information related to operating expenses and budgeting. Property managers develop negotiation and communication skills, as they have to solve disputes between tenants, negotiate prices when selling properties, and carry out their clients' requests.
Graduates can find careers in the field working as: real estate appraiser/broker, investment analyser, corporate asset/property manager, community association manager.Read more