Oxbridge New Real Estate Agents Practical Training
Oxbridge New Real Estate Agents Practical Training
Objective: To equip participants with the knowledge and skills necessary to excel in real estate sales and property management.
Duration: 8 weeks (can be adjusted based on needs)
Splits: 25% for Oxbridge’s leads, 50% for own leads
Must be a full member
Week 1: Introduction to Real Estate Industry
- Overview of the real estate industry
- Understanding different sectors: residential, commercial, industrial, etc.
- Legal and regulatory framework in real estate
- Prospecting (FSBO, FRBO, Aged, Withdrawn, Tenure, Google Map method, Social Media Leads)
Week 2: Sales Techniques and Strategies
- Introduction to sales techniques
- Understanding client needs and preferences
- Effective communication skills for real estate sales
- Developing a sales pitch and handling objections
- Projects
Week 3: Property Valuation and Pricing
- Basics of property valuation
- Factors influencing property prices
- Comparative Market Analysis (CMA)
- Pricing strategies for different types of properties (Commercial, Business, Industrial, Residential, Developments)
Week 4: Marketing and Advertising
- Marketing fundamentals in real estate
- Online and offline marketing channels
- Creating effective property listings
- Advertising regulations and best practices (SOIs, Price, Underquoting)
Week 5: Negotiation Skills
- Principles of negotiation
- Techniques for successful negotiations in real estate
- Handling counteroffers and reaching win-win solutions
- Negotiation ethics and etiquette
Week 6: Property Management Fundamentals
- Introduction to property management
- Responsibilities of property managers
- Lease agreements and tenant screening
- Maintenance and repairs management
Week 7: Legal Aspects of Property Management
- Landlord-tenant laws and regulations
- Fair housing laws and anti-discrimination practices
- Eviction procedures and tenant rights
- Liability and risk management for property managers
Week 8: Real Estate Technology and Tools
- Introduction to real estate software and CRM systems
- Utilizing digital tools for property marketing and management
- Data analytics for decision-making
- Emerging technologies in real estate
Final Project: Participants will work on a final project where they will apply the knowledge and skills gained throughout the program. This could involve creating a marketing plan for a property, conducting a mock negotiation, or developing a property management strategy.
Assessment: Regular quizzes, assignments, and a final exam will be conducted to evaluate participants’ understanding and proficiency in real estate sales and property management concepts.
Conclusion: Upon completion of the training program, participants should have a solid foundation in real estate sales techniques, property valuation, marketing strategies, negotiation skills, property management fundamentals, and legal aspects of real estate. They will be well-prepared to embark on a successful career in the real estate industry.
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