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QQI  Level 5 Estate Agency Practice (5N3025) Assignment Example Ireland

The assignment on the course Estate Agency Practice (5N3025) discusses the learning outcomes of studying the course. Students pursuing the course can get a Minor award upon successful completion of the course.

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The course assists the learners to understand the principles and concepts of residential estate agency practice as also property management. The course also helps the learners to know about the roles of estate agents and to know how the professional handles residential property for sales, management, and letting purposes.

Estate Agency Practice (5N3025) Level 5 Course Learning Outcomes

The assignment helps the learners to understand the various outcomes of learning the course on Estate Agency Practice (5N3025).

Make a summary of important methods of selling commercial and residential property in Ireland

Several methods are used for selling commercial and residential property in Ireland and these methods include auctioning, tendering, and private treaties. These methods are discussed in detail in the course Estate Agency Practice (5N3025).

Understanding the function of a real estate agent, property manager, the auctioneer

The course in context helps the students or learners to comprehend the function of a real estate agent, property manager, and auctioneer. The course helps the learners to understand the relationship of the real estate agents with the buyers, landlords, vendors, financial institutions, tenants, and developers.

State the role and legal structure of management companies

The management companies in Ireland have a legal structure. Besides, they have functionality. In the course titled Estate Agency Practice (5N3025), the students can get to know about the role and legal structure of Irish management companies.

What are the functions of legislative and professional bodies in the Irish real estate business?

Irish real estate business is influenced by legislative and professional bodies. The course in context helps the learners to know about the laws about real estate and it also highlights how the various professional bodies influence the real estate business in Ireland.

Classifications of commercial, residential, and industrial property

Commercial properties are classified as malls, hotels, retail stores, medical centers, garages, warehouses, and farmlands. The types of residential properties include flats and apartments. The course in context discusses the classifications of commercial, residential, and industrial property. It also discusses the lease types associated with the properties.

Understand the conditions that are associated with commercial and residential lease agreements

The course in context also allows the learners to comprehend the conditions that are associated with various commercial and residential lease agreements. The students can also understand the legal importance of commercial or residential lease agreements.

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Power of advertising in the context of real estate business

Real estate properties can be sold quickly if the properties are advertised well. Various techniques of advertising are used. Advertising in the real estate industry uses the media. The course allows the learners to know about the various advertising techniques that are used in the real estate industry.

Understand the accommodation, location, and investment value concerning real estate properties

The course in context also helps the learners to understand the accommodation, location, and investment value concerning real estate properties. The purchaser of a property that is new to the real estate market must know its accommodation, location, and investment value.

What are the complimentary services in the real estate industry?

The Irish real estate industry has realtors who help the customers get the best commercial or residential properties at the right prices. The course in context also helps the learners to know about the complimentary services within the real estate sector.

How to create a press release for the letting or sale of a real estate property?

Creating a press release is an art. The course in context allows the learners to understand how to create a press release to let or sell a real estate property. The course on Estate Agency Practice (5N3025) also allows the students to know how to create brochures about the sale of real estate properties.

Design marketing materials for the auction of real estate properties

The course in context also helps the learners to know about how to design marketing materials for the auction of real estate properties. Auctioning of real estate properties in Ireland is done by auctioneering companies.

Know-how of procedures used in the real estate business

In the real estate business, certain procedures are used so that a real estate property can be sold properly. The course in context describes the procedures involved in the starting of a sale process right up to the ending of a sale process.

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Concepts of tangible and intangible marketing

There are various concepts of tangible as well as intangible marketing, particularly concerning real estate properties, and the company brand. The course in context helps the students or learners to know about the various concepts of tangible and intangible marketing.

Assess the sources of instructions for real estate property professionals

The course on Estate Agency Practice (5N3025) also helps the learners to assess the sources of instructions for various real estate property professionals in Ireland.

Weaknesses and strengths of various real estate agencies

Before seeking real estate services from a particular agency it is important to identify the weaknesses and strengths of real estate agencies. The course on Estate Agency Practice (5N3025) helps the learners to do that.

Find out the service charge needs for a multi-unit development

The course on Estate Agency Practice (5N3025) also helps the learners to find out the service charge needs for a multi-unit development.

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