- Module code
- 1019 / 1019DL
- Module leader
- Peter Morris
- Module level
- Module credits
- Min study time
- 150 hours
- Contact Hrs within study time
- 35 (campus-based) / 18 (distance learning)
- Teaching period
- Semester 2 / Varies (distance learning)
The different roles of an estate agent in a property transaction. Introducing the various professional bodies and regulations relating to an estate agent. The use, interpretation and range of property data, records and indices. An introduction to property agency and the role of the property agent, including the effect of human behaviour and personality on the process of buying and selling the property. The nature of negotiation, including the various negotiating stages, the legal effect of negotiation and the strategies, tactics, behind negotiation.
To achieve credit for this module, students must be able to:
- Identify the different roles of an estate agent in a property transaction.
- Identify the professional bodies and regulations affecting estate agency.
- Describe the mechanics and dynamics of a property transaction process.
- Use information technology to find and present property market data.
- Comment on property negotiations and be able to explain what might be the best approach for negotiations in order to achieve the best results for a range of clients.
|Coursework||Report - to act as an agent in the taking on and disposal of a property through to completion and report to prospective client.||50%|
|Coursework||Professional role play - the negotiating process of selling and buying.||25%|
Students should be familiar with the content of at least one of the following:
- Coates, R. and Attwell, N. (2001). Conveyancing. (4th edition). Cavendish Publishing.
- Gray, K. and Gray, S.F. (2009). Elements of Land Law. (5th edition). Oxford University Press.
- Harris, C. and Rodell, A. (2012). Property Law and Practice 2012/13. College of Law Publishing.
- Hewitson, R. and Silverman, F. (2011). Conveyancing Searches and Enquiries. (4th edition). Jordan Publishing.
- Sarton, P. and Cremona, M. (2000). Conveyancing. (3rd edition). Palgrave Macmillan. Available from RAU Library electronic resources website via ebrary.
- Baum, A. (ed.) (2000). Freeman’s Guide to the Property Industry. Freeman Publishing.
- Munro, B. (2004). English Houses: An Estate Agent’s Companion: Pictures, Glossary and Other Matters of Interest. Estates Gazette.
- Murdoch, J. (1993). Estate Agents and Property Misdescriptions Acts. (3rd edition). Estates Gazette.
- Norwood, G. (2005). 21st Century Estate Agency. Estates Gazette.
- Lenhart, K. (2013). Getting to Yes: Negotiation Skills and Strategies. CreateSpace Independent Publishing Platform.
- Ury, W., Fisher, R. and Patton, B. (ed.) (1999). Getting to Yes: Negotiating an Agreement Without Giving In. (2nd edition). Random House Business.
- Royal Institution of Chartered Surveyors (RICS) (2011). RICS UK Residential Property Standards. (5th edition). RICS. Available from RAU Library electronic resources website via RICS isurv.
- Fells, R. (2009). Effective Negotiation: From Research to Results. Cambridge University Press. Available from RAU Library electronic resources website via Dawsonera.