LEVEL 2 - PROPERTY ADMINISTRATION COURSE
Part 2 of 4 – Real Estate Management Series Leading to the PPA– FIRMA Professional Property Administrator Designation
Learn the Basics of Property Management and start as a Property Administrator or run a small PM business in as short as 2 months with this 3-Day Master Class.
Course Inclusions:
Complete Handouts and Worksheets
Glossary of Property Management Terms Videos and relevant video links
No. of hours: 40
Attendees gets 12 CPD credits
Certificate of Attendance Passers gets PPA Designation & Certifications
Outline
LEVEL 2 -PROPERTY ADMINISTRATION COURSE
Part 2 of 4 – Real Estate Management Series Leading to the PPA– FIRMA Professional Property Administrator Designation
Module 1 – Introduction to Real Estate Management & Property Administration
1. An Introduction to Real Estate Management
2. History and Evolution of the Property Management Profession
3. Occupational Outlook for PAs and PMs
4. The Various Positions and Titles in PM
5. FIRMA- The Professional Organization of Property Management Practitioners in the Philippines 6. FIRMA Standards, Rules and Code of Ethics
Module 2- Property Administration -The Logistical Aspect of Property Management
1. The Roles and Responsibilities of Property Administrators/ Managers
2. Basic Parts of a Management Agreement
3. The Various Types of Real Property Assets
4. Managing Residential and Office Properties
5. Managing Retail & Mixed Use Properties
6. Managing Industrial and Special Type of Properties
Module 3 – The Management Agreement
1. The Importance of a Management Agreement
2. Scope of Authority, Responsibilities and Limitations of a PM under the Management Agreement
3. How to Effectively Negotiate A Management Agreement
4. Terms & Conditions
5. Financial Management of Funds
6. Management Liabilities and How We Can Protect Ourselves from These
Module 4 – The Traditional Day-to-day Roles of PA/PM
1. General Property Management Functions of a PA
2. Security, Reception, Housekeeping and Maintenance
3. Rent & Dues Collection
4. Human Resources Functions: Hiring, Training and Payroll
5. Budget Preparations and Reportorial Duties
6. Disaster Risk & Emergency Preparedness
Module 5 – The Evolving Roles of PAs/PMs
1. The Social and Communication Aspect of PM
2. Monitoring, Data Gathering, Inspections and Building & Financial Analysis
3. Addressing Request, Complaints, Quality of Services
4. Disaster Mitigation & Emergency Preparedness
5. Fiduciary Relationship with Owners
6. Responsible Handling of the Operating Funds, Deposits and Reserves.
Module 6 – The Reserve Funding Plan / Capital Budget Analysis
1. What are Reserves?
2. Components of the Reserve Study
3. Life Cycles, Useful Life and Remaining Useful Life
4. Data Gathering and Analysis
5. Financial Figures and Testing the Recommended Actions
6. Appearance and Presentation
