Category: Real Estate

Please Note: Once your assignment is submitted and graded, the grade will be final, no re-submissions will be allowed.
Questions:
CHAPTER 13 – Land-Use Planning, Subdivisions, Fair Housing and Other Public Controls
1. Briefly describe the Unruh Civil Rights Act, the Rumford Act and the Holden Act. Name an activity that each law prohibits. Why are these laws important to real estate agents?
2. What is the Subdivision Map Act? What is the Subdivided Lands Law? Who administers these laws?
3. Which Act in Question 2 above requires the issuance of a public report?
4. Explain the following terms: General Plan, Police Power & Zoning, be specific.
5. Name the three most influential methods that local governments have for controlling land use. Hint: categorized under police power enactments.

Please Note: Once your assignment is submitted and graded, the grade will be final, no re-submissions will be allowed.
Questions:
CHAPTER 13 – Land-Use Planning, Subdivisions, Fair Housing and Other Public Controls
1. Briefly describe the Unruh Civil Rights Act, the Rumford Act and the Holden Act. Name an activity that each law prohibits. Why are these laws important to real estate agents?
2. What is the Subdivision Map Act? What is the Subdivided Lands Law? Who administers these laws?
3. Which Act in Question 2 above requires the issuance of a public report?
4. Explain the following terms: General Plan, Police Power & Zoning, be specific.
5. Name the three most influential methods that local governments have for controlling land use. Hint: categorized under police power enactments.

Individual Project
This Individual Project requires you to describe and analyze real estate markets in a country of your choice (other than the United States or China). TOnce you’ve selected a country, please put together a PPT as follows:
1) Title Slide (5 points) Country name and picture(s); your name;
2. House Prices (Slides 2-4; 15 points) Plot the data on house prices over a time period that you select (the longer the better). Describe the trends and cycles in the house price data over the selected period.
2) Housing ‘Quantities’ (Slides 5-7; 15 points) Plot the data on housing quantities over a time period that you select (the longer the better). Describe the trends and cycles in housing quantities over the selected period. Describe if there is a relationship between housing prices and housing quantities.
3) Drivers of Housing Markets (Slides 8-13; 30 points). What factors can explain the trends and cycles in housing markets in your country?
4) Housing ‘Bubbles’ (Slides 14-16; 15 points). Discuss the evidence on housing ‘bubbles’ in your country. Describe the steps that policymakers in the country took to tame such bubbles.
5) Housing Affordability (Slides 17-19; 15 points). Summarize developments in housing affordability in your country.
6) ‘Open discussion’ (Slides 20-24; 10 points). You are free to innovate and add material of interest for your chosen country based on topics discussed in class or other aspects of real estate markets that are of interest to you.
7) Concluding slide: (Slide 25; 5 points). Takeaways.
I selected Australia and this is a First Draft of this PPT

Respond to each of the following questions. Responses need to be at least 250 words. Each question is worth 10 points
Visit three area open houses. Observe each property as to its readiness for the open house and the approach or tactics of each agent. Write an essay on your findings without naming the agents
Check the websites of five area brokerage firms. Evaluate the sites and write an essay about positive and negative aspects of the sites without mentioning broker names.

Respond to each of the following questions. Responses need to be at least 250 words. Each question is worth 10 points
Visit three area open houses. Observe each property as to its readiness for the open house and the approach or tactics of each agent. Write an essay on your findings without naming the agents
Check the websites of five area brokerage firms. Evaluate the sites and write an essay about positive and negative aspects of the sites without mentioning broker names.

Respond to each of the following questions. Responses need to be at least 250 words. Each question is worth 10 points
Visit three area open houses. Observe each property as to its readiness for the open house and the approach or tactics of each agent. Write an essay on your findings without naming the agents
Check the websites of five area brokerage firms. Evaluate the sites and write an essay about positive and negative aspects of the sites without mentioning broker names.

Questions:
CHAPTER 11 – Escrow and Title Insurance Companies
1. What does an Escrow company do? How does escrow benefit the buyer and seller? Be specific.
2. What are the legal requirements for a valid escrow? Who decides which escrow company to use? Who pays for escrow?
3. What do title insurance companies insure against? What is a preliminary title report? Be specific.
4. What is considered standard coverage? What is extended coverage? What does CLTA and ALTA mean and which is the standard coverage and which is the extended coverage? Who pays for title insurance?
5. What is the difference between recurring and nonrecurring closing costs? Give specificexamples.

CHAPTER 11 – Escrow and Title Insurance Companies
1. What does an Escrow company do? How does escrow benefit the buyer and seller? Be specific.
2. What are the legal requirements for a valid escrow? Who decides which escrow company to use? Who pays for escrow?
3. What do title insurance companies insure against? What is a preliminary title report? Be specific.
4. What is considered standard coverage? What is extended coverage? What does CLTA and ALTA mean and which is the standard coverage and which is the extended coverage? Who pays for title insurance?
5. What is the difference between recurring and nonrecurring closing costs? Give specificexamples.

Residential: Market study both macro and micro trends; Marketability study leading to Gross Realisation.
Market study including macro trends to identify development opportunities: demographic and social analysis, industry trends, demand supply and market absorption. Marketability study that will focus specifically on type of the development and will delineate pricing strategy and sale logistics. Determine the project’s Gross Realisation Value using a market approach.
Step one: examination of national economic conditions (including international influences) and projected trends for ;region, locality, neighborhood, and site.
Step two: Segmentation of the population forecast and the job growth forecast
Step three: investigate comparable properties to determine the features, functions, and benefits of those properties that are important to the market.
Marketability study:
Profile the space users to be served by the development
Identify the revenue unit, i.e., the space over time with associated services
Fully define the product in terms of features, functions and benefits
Delineate pricing strategy, including sales logistic
student 2 and pair resposibility part is my part. just follow the above. the goal property is : 55 victoria street, queenstown, south australia, 5014.there are some material might help you doing the DCF AND SWOT. dont forget use excel
you just need to do the above.and you also need to do the residential pair responsibility.
For an individual house with a building area of 150-350 sqm, with a medium standard finish full brick house will cost $1,320 to $1,425 per sqm. Plus, two bathrooms fit outs of $19,500 to $22,500 and kitchen installation of $17,000 to $19,500.
here is the detail you will need to use in DCFI WILL SHAARE SOME GUIDING INFORMATION AND MATERIALS

CHAPTER 10 – Real Estate Appraisal
1. Please define what an appraisal is. How is value determined? What are the four essential elements of value?
2. What are the four forces that influence value? Which one do you believe is the most important? Explain why.
3. Name and describe the six principles of valuation, be specific.
4. What is depreciation? Name and describe the three categories of depreciation and include if each is curable or incurable, be specific.
5. Name and describe the three different methods (approaches to value) of appraisal, be specific. What type of property would the appraiser use for each approach? Please read the question carefully, you are being asked for the three different approaches to appraisal, not the different types of reports.