Real Estate Brokerage
- Credits: 3
- Ending: Examination
- Range: 0P + 2C
- Semester: summer
- Year: 1
- Faculty of Business Management
Teachers
Included in study programs
Teaching results
Knowledge:
• It is a comprehensive view of reality, as this commodity is met by every graduate in life, both personal and professional. It can be a search for sublease, obtaining one's own housing, or building a family house, or a professional focus in a banking institution, insurance company, financial group or even in a development company.
• A comprehensive overview of real estate completes the broader horizon of the graduate's profile in an area such as real estate and related requirements. This is the area of structure and activity of the real estate cadaster, ownership relations related to real estate, real estate management, financing and real estate insurance, as well as easements and liens attached to real estate
• The participant in the processing and presentation of the development project must demonstrate the skills already acquired from the project, locating the strengths and weaknesses of the project, marketing direction to the interest group of potential applicants to the economic evaluation of the development project
Competence:
• Basic terms related to real estate (real estate) based on the Civil Code, the Building Act and the Real Estate Cadaster, as well as the division and types of real estate
• Comprehensive information on the real estate cadaster, administration and activities of the real estate cadaster, cadastral proceedings, cadastral portal, real estate records - title deed, cadastral map and geometric focus of real estate
• A brief overview of contracts related to legal acts with real estate, contractual documents and contracts used in real estate
• Ownership and possession of real estate, acquisition of real estate and maintenance of real estate, real estate registration, easements and liens attached to real estate
• Real estate market and real estate prices, determinants of real estate prices, participants in the real estate market, factors influencing the demand and supply of real estate, cycles in the real estate market, analyzes of the real estate market and the development of real estate prices
• Implementation and procedures for buying, selling and renting an apartment
• Financing and insurance of real estate, taxes in the real estate area, real estate management - types, function, content, administration performance and administration performance process
• Real estate activity - establishment of a real estate agency, activity, methods of management and functioning, database of clients, presentation and marketing, contracts in the activity of a real estate agency
• Development, types of development projects, participants in development projects, development team, process (phases) of development project, financing
Skill:
• Obtaining of basic knowledge about real estate (real estate), basic concepts in the real estate area, legal context - contracts used in the real estate area
• Overview of real estate ownership, real estate registration and acquisition, real estate cadaster as a central real estate register
• Pointing out specific real estate issues, such as easements and the establishment of a mortgage lien
• Procedure for the construction of a family house, land selection, permits for the implementation and use of the building, problems related to construction
• Procedure for obtaining a mortgage loan, documents, real estate appraisal, methods and principles
• Obtaining a comprehensive overview of the performance of real estate management, real estate taxes and real estate insurance
Indicative content
Thematic definition of exercises:
1. Introduction to the subject.
2. Ownership of real estate.
3. Contracts in the real estate field.
4. Encumbrances and liens.
5. Development project 1st stage.
6. Activity of a real estate agency.
7. Real estate portals in the Slovak Republic.
8. Development project 2nd stage.
9. Implementation of the construction of a family house.
10. Real estate management.
11. Real estate financing and insurance.
12. Development project 3rd stage.
13. Final test and evaluation of development projects.
Support literature
Basic literature:
1. KUBICA Milan a kol. Realitné maklérstvo : manažment nehnuteľností. 1. vydanie. Bratislava : KARTPRINT, 2018. 348 s. ISBN 978-80-89553-54-9.
2. KUBICA, Milan a kol. Znalectvo. 2. vyd. Praha : Wolters Kluwer, 2016, 332 s. ISBN 978-80-571-0115-4.
3. KUBICA, Milan a kol. Znalectvo – praktikum. 2. prepracované a rozšírené vydanie. Bratislava : Wolters Kluwer SR, 2019. 426 s. ISBN 978-80-571-0115-4.
4. ŠPIRKOVÁ, Daniela. Determinanty rozvoja bytového trhu na Slovensku po roku 2000. In Nehnuteľnosti a bývanie. Vedecký časopis STU v Bratislave, 2008, 3. roč., Číslo 1. ISSN 1336-944X.
5. ŠPIRKOVÁ, Daniela – ZAJACOVÁ, Jana. Trh nehnuteľností – Finančné a právne nástroje. Bratislava : Statis, 2010. 167 s. ISBN 978-80-8565-962-7.
Supplementary literature:
1. ANDERSEN, Bob – ANDERSEN, Luke. Residential Real Estate Development. Sydney : Lulu, 2006. 248 s. ISBN 9781847286093.
2. PAVELEK, Andrej. Cyklus v realitnom trhu [online]. 2017. [cit. 2017-10-23]. Dostupné na internete:
3. ASOCIACE PRO ROZVOJ TRHU NEMOVITOSTI. Financování developerských projektu. Praha : ARTN, 2015.
4. CÁR, Mikuláš. 2009. Vyber faktorov ovplyvňujúcich ceny nehnuteľnosti na bývanie na Slovensku. In Biatec [online]. 2009. [cit. 2017-10-20]. Dostupné na internete:
5. CÍSAŘ, Jaromír. Vybrané otázky z trhu nemovistostí. Praha : Vysoká škola ekonomická v Praze, 1998. 160 s. ISBN 80-7079-690-5
6. COLLIER, Nathan – COLLIER, Courtland – HALPERIN, Don. 2002. Construction Funding. The Process of Real Estate Development, Appraisal, and Finance. New York : John Wiley & Sons, 2002. 544 s. ISBN 978-0470037317.
7. CORTESI, Gerald. Mastering Real Estate Principles. Chicago : Deraborn, 2003. 552 s. ISBN 0793187664I.
8. ČAPO, Martin. Ako sa naučiť čítať realitný trh [online]. 2014. [cit. 2017-10-20]. Dostupné na internete:
9. ČERNOCH, Josef – SLABOCH, Ladislav – TOUŠEK, Stanislav Příprava a realizace investiční výstavby. Praha : Vysoká škola ekonomická v Praze, 1990. No ISBN.
10. ČSOB. Projektové financování [online]. [cit. 2017-11-10]. Dostupné na internete:
11. GADDY, Wade E. – HART, Robert E. Real Estate Fundamentals. 6P. Chicago : Dearborn Trade Pub, 2000. 333 s. ISBN 978-0793135059.
12. ĎURECH, Richard. Teoretické vymedzenie realitného trhu [online]. [cit. 2017-11-10]. Dostupné na internete:
13. DVOŘÁK, Petr. Bankovnictví. Praha : Vysoká škola ekonomická v Praze, 1998. 341 s. ISBN 80-7079-585-9.
14. GOODMAN, Richard A. Economics of Housing Markets. London : Harwood academic publisher, 2011. 160 s. ISBN 9780415269742.
15. HEJHÁLEK, Jiří. Domy s takmer nulovou spotrebou energie povinne od roku 2020 [online]. 2010. [cit. 2017-08-08]. Dostupné na internete:
16. HOCHELOVÁ, Andrea. Predaj nehnuteľností a s nám spojená daňová a odvodová povinnosť fyzickej osoby [online]. 2017. [cit. 2017-11-10]. Dostupné na internete:
17. HOSACK, Walter. M. 2001. Land Development Calculations. New York : McGraw Hill, 2001, 588 s. ISBN 978-0071603218.
18. IVANIČKA, Koloman a kol. Trh nehnuteľností a developerský proces. Bratislava : STU, 2007. 199 s. ISBN 978-80-227-2661-0.
19. IVANKOVÁ, Ľubomíra. Domov ako náš najcennejší majetok [online]. 2012. [cit. 2017-11-10]. Dostupné na internete:
20. MILES, Mike E. – BERENS, Gayle – WEISS, Marc. Real Estate Development Principles and process. 3rd ed. Washington, D. C. : ULI, 2000, 576 s. ISBN 978-0874209716.
21. NBS. 2017. Ceny nehnuteľností na bývanie podľa typu bytu a domu [online]. 2017. [cit. 2017-11-10]. Dostupné na internete:
22. SHUTTERSTOCK, Pravda, NBS. [cit. 2017-11-21]. Dostupné na internete:
23. SUCHÝ, Daniel 2017. Najväčší developeri: Pozrite si, kto postavil najviac bytov [online]. 2017. [cit. 2017-11-10]. Dostupné na internete:
Syllabus
Thematic definition of exercises: 1. Introduction to the subject, acquaintance of students with the conditions for obtaining credit. Definition of basic concepts in the field of real estate, division of topics into development projects and determination of individual stages of the project, deadlines and especially the structure of the project and its main requirements 2. Ownership of real estate, real estate cadastre and real estate registration. History and valid legislation related to real estate (cadastral law), classification of real estate, content of cadastre, administration and activity of real estate cadastre, cadastral proceedings, administrative fees, requisites for a proposal to deposit in the real estate cadastre, cadastral portal, title deed and cadastral map. Ownership and possession of real estate in personal ownership, cooperative and other types. 3. Contracts in the real estate field, contract as a legal act and requisites, purchase contract, lease contract, brokerage contract, donation contract (influence of donation on inheritance), mandate contract Contracts in real estate are given lectures by a lawyer from a development company 4. Encumbrances and liens - encumbrance of real estate. The easement is related only to real estate, types of easements, division and duration, origin and extinction of easement, impact on the value of real estate. Pledge, origin and assertion of a receivable secured by real estate Protection zones related to the use of real estate 5. Development project 1st stage - control of ongoing outputs of individual working groups. Project presentation, location, property relations, transport connections, strengths and weaknesses of the project, 6. Activity of a real estate agency - establishment and origin of a real estate agency, categorization of real estate agencies, division and method of activity of a real estate agency. Real estate broker - recruitment and selection, remuneration, data databases, promotion and strategy of activities 7. Real estate portals in the Slovak Republic, software support for real estate agencies. Professional associations in Slovakia and in the world. Economic recalculations of real estate agency activities, margins, patterns of conversions and revenues, types of real estate agency costs. Real estate market participants, cycles in the real estate market, analysis of real estate price developments 8. Development project 2nd stage - control of ongoing outputs of the marketing part. Listed individual marketing strategies of the project, evaluation of the benefits of marketing and a proposal for improvement 9. Implementation of the construction of a family house, selection of building land, zoning plan and its concept. The nature of the land, factors and limits affecting the value, followed by the choice of a family house. Character of a family house, types of family houses, advantages and disadvantages of individual types, built-up area and accessories, energy certificate, project documentation and construction implementation 10. Real estate management, management companies, their activities, function and form of business. Rights and obligations of apartment owners, standard performance of administration and duties of the administrator. Analysis of possible conflicts and their resolution 11. Real estate financing and insurance. Individual forms of financing - building savings, mortgage loan and financing from the State Housing Development Fund. Real estate insurance, obligation and benefits of insurance 12. Development project 3rd stage - control of ongoing outputs, economic outputs of the development project, project evaluation, especially economic efficiency Yield - decisive indicator of profitability of the development project 13. Final test and evaluation of development projects.
Requirements to complete the course
30 % continuous written work, 70% written exam.
Student workload
78 h (participation in seminars and short presentations of experts from practice on partial outputs of seminar work – continuously 26 h, preparation for final exam 26 h)
Language whose command is required to complete the course
Slovak
Date of approval: 11.03.2024
Date of the latest change: 14.05.2022