Financial Analysis for Residential Real Estate
About This Course
The proposed WSQ course is designed for residential real estate salespersons and homeowners who seek to enhance their financial analysis knowledge and skills, and to apply them when deciding the viability of a real estate purchase.
Using real estate pro forma which comprises Microsoft Excel spreadsheets, course participants will learn the measures of common real estate performance metrics and benchmark financial ratios that are often used to analyze real estate investments and to make informed purchase decisions, even for homeowners buying the property for their own enjoyment.
This course seeks to deepen and enhance the knowledge and skills of all the parties involved including real estate salespersons transacting the deals, business executives working for real estate agencies or property-owning corporations, and other stakeholders who may be facilitating the purchase decisions.
Mapped according to the existing technical skills and competencies (TSC) standards under the Retail framework in the functional area of Financial Analysis, i.e., RET-FIN-3001–1.1, the proposed course will offer insights into how to help prospective buyers make informed decisions by conducting the financial analyses.
What You'll Learn
Unit 1 - Ascertain viability of purchasing an income-producing residential real estate
Unit 2 - Compare analysis frameworks and methods of financial calculations for suitability of context
Unit 3 - Explain real estate performance metrics and financial ratios to determine viability of purchase
Unit 4 - Measure investment returns using different financial calculations
Entry Requirements
Learners should preferably:
1. Have basic literacy skills to read instructions (Preferably possess at least WPL level 5)
2. Have numeracy skills to prepare calculations (Preferably possess at least WPL level 5)
3. Have interpersonal and communication skills to prepare and present reports to immediate supervisors