THE BAHAMAS INSTITUTEOF FINANCIAL SERVICES
"Keeping Financial Services Education Relevant to Industry Needs"
The Property Management program is designed to teach students how to evaluate and select investment properties, establish favourable leasing terms and conditions, and screen and select tenants. Students learn to identify maintenance concerns, hire employees and contractors, manage legal and financial issues, establish healthy tenant relationships, and enforce rent due dates. Special topics include specific housing markets, affordable housing, and continuing education.
The Property Management program is designed to teach students how to evaluate and select investment properties, establish favourable leasing terms and conditions, and screen and select tenants. Students learn to identify maintenance concerns, hire employees and contractors, manage legal and financial issues, establish healthy tenant relationships, and enforce rent due dates. Special topics include specific housing markets, affordable housing, and continuing education.
PROGRAM OBJECTIVES
-
List the personal and professional characteristics of successful property managers.
-
Outline the general scope of authority of property managers, based on the terms of the relationship with the property owner and property user.
-
Determine when to retain property management personnel, and when and how to hire skilled tradespeople and contractors.
-
Define business concepts related to property management, including advertising, marketing and promotions methods, record-keeping, systems implementation, comparative analysis, profit and loss, operating budget, and return on investment.
-
Describe how to target and screen for reliable tenants and how to handle tenant-related issues, such as obtaining security deposits, collecting rent, enforcing occupancy rules, and performing evictions.
-
Explain the importance of risk management and appropriate security for property and outline the steps to follow to assess liability and secure adequate insurance.
-
Property managers will also develop negotiation and communication skills via role-playing and videos, and learn how to solve disputes between tenants, negotiate prices when selling properties, and carry out their clients' requests.
-
And many more topics!
-
Tuition: $1,395 members | $1,695 non-members plus a $50 registration fee.
-
Payment plans are available
-
Duration: 12 weeks
-
Learning Platform: Google Classroom
-
Start date: June 22, 2023
-
Days: Thursdays
-
Times: 6:00 pm - 9:00 pm
ACCREDITATION
The National Accreditation and Equivalency Council (NAECOB) is a statutory body established under the National Accreditation and Equivalency Council ACT of The Bahamas on the 4th of October, 2006; assented on 29th of December, 2006 and came into force 28th February, 2007. NAECOB is responsible for registering and accrediting primary schools, secondary schools, post-secondary schools, and any institution that offers training in The Bahamas. The National Accreditation and Equivalency Council of The Bahamas began operation in 2016.
