Certification Course for Leasing Managers
Details
Leasing is the most misunderstood, oversimplified and underrated aspect of real estate practice. Part of the problem is ignorance of the principles and international best practices.
This Lease Management Course is the product of years of research, data gathering and collation to come up with a comprehensive, systematic presentation that guarantees easy comprehension yet in-depth study of the subject.
NETSCORE REsource Management and Training Center Co. in cooperation with FIRMA - FILIPINO INSTITUTE OF REAL PROPERTY MANAGERS AND ADMINISTRATORS INC. will hold its third cycle of REAL Estate Administration & Management REAM 3-day Master
Class on Lease Management.
Outline
Part 1 of 4 – Real Estate Management Series Leading to the CLS – FIRMA Certified Leasing Specialist Designation
Module 1 – Introduction to Leasing
1. An Overview of Leasing Operations
2. The Origins of Leasing
3. Leasing Principles
4. The Difference between Renting and Leasing
5. The Leasing Cycle
6. Leasing under the Philippine Setting
Module 2- Leasing Best Practices
1. The Roles and Responsibilities of Leasing Managers, Brokers & Agents
2. Due Diligence Obligations in Leasing
3. The Various Types of Leasable Properties
4. Understanding the Difference between Residential and Commercial Leases
5. Lease Types- Gross, Net and Percentage Leases
6. Marketing the Properties For Lease
Module 3 – Leasing Agreements
1. Elements of the Lease Agreement
2. Crafting the Perfect Lease Agreement
3. Lease Negotiations
4. Lease Terms & Clauses
5. Lease Options & Concessions
6. Enforceability of Lease Contract Provisions and Stipulations
Module 4 – Enforcing Terms under the Lease Agreement
1. The Importance of keeping a Rent Roll and Rental Ledger
2. Collection best practices, Late Penalties and Fines
3. The Eviction Process
4. Leasing Laws in the Philippines
5. The Rent Control Act of the Philippines -RA 9653
6. Financial Reporting of Lease Operations under the IFRS
Module 5 – The Importance of Apps, Tools and Measurements in Leasing
1. Computing for and Determining Fair Market Rents
2. Using Third Parties (Appraisers) in Aid of Rent Negotiations
3. How to Use Your Digital Measuring Devices
4. How Buildings, Leasable Units, Spaces are Measured in the Philippines
5. Introduction to the International Property Measurements Standards
6. Why FIRMA has Subscribed to the IPMS Measurement Standards
Module 6 – The Leasing Business Plan / Lease Management Plan
1. The Importance of the Leasing Business Plan
2. Contents of the Leasing Business Plan or LMP
3. Choosing Your Subject Property
4. Data Gathering and Analysis
5. Financial Figures and Testing the Recommended Actions
6. Appearance and Presentation
Course Inclusions:
Complete Handouts and Worksheets
Glossary of Leasing Terms Videos and relevant video links
No. of hours: 40
Attendees gets 12 CPD credits
Certificate of Attendance Passers gets CLS Designation & Certifications
Schedules
| Tue, Wed, Thu | 09:00 AM — 05:00 PM |
Platform: Zoom
| No. of Days: | 3 |
NetScore Resource and Training Center came about as a result of the apparent need for a more up-to-date, more responsive and highly committed CPE provider in the Real Estate Service.
Its founder, RE Broker/Appraiser/PRC Lecturer/ Realtor NESTOR S. CORREA, has more than 36 years of marketing experience in various industries such as consumer electronics, photographic equipment, reprographics (copiers), power management, events management, cosmetic surgery and lastly, real estate. He is an independent Marketing & Communications Consultant before deciding to become mentor to up-and -coming brokers, appraisers and salespersons.
NetScore's proven track record of providing premium quality educational programs has drawn the acclaim of very successful alumni and practitioners such as:
1. RESTART for Entry-level real estate professionals,
2. REBUILD for aspiring Brokers,
3. REAP for beginners in the Appraisal practice
4. REARM for advanced brokers wishing to sharpen their skills, ...
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