Jun 05, 2018

Read Time IconRead time: 2 mins

UCT Property Management | Course Trailer

Real estate can be an attractive investment option for individuals, creating professional opportunities such as the selling and letting of property for others. A crucial part of this economic activity is the management of the property so that it retains its long-term value and profitability.

Property management is a core component of the property industry, and knowledge of its principles and techniques can be of value to private investors and property professionals. The University of Cape Town Property Management online short course is designed to provide a comprehensive overview of the essential techniques and principles of property management in South Africa.

In this course, Sean Godoy, the Head Tutor teaches you to identify the key terms, principles, and functions of property management, while also enabling you to evaluate leases and circumstances relating to the leasing process. By the end, you’ll also be able to recommend ways to optimise landlord-management-tenant relationships, create a facilities and maintenance management plan, and compile a budget report for any given property.

Do you want to explore the exciting industry of property management?

Learn more about the building blocks of success in property management by taking the Property Management online short course.


TRANSCRIPT

It is widely known that property is an important part of any economy, but we might take for granted what it takes to develop and maintain property and the many different types of professionals who are involved in making a particular property, a success story. Your mind might jump to the investor who is financing a new building, or the architects, or the builder, or the eventual owner or the users of the building, but few people would think straight away of the property manager. However, in the same way that the architect and the contractor helped bring the vision of the building to life, the property manager helps to make sure that the owner’s vision for the building becomes a reality.

A property manager needs to stay on top of factors, such as budgets and related income and expenses, leases, and periodic maintenance, such as fire equipment and lift maintenance, as well as overall general administration. This can be a lot to juggle, hence the importance of implementing effective management procedures and record-keeping.