Real Estate: The Basics provides an easy-to-read introduction to the core concepts of the industry to students new to the subject or professionals changing direction within the sector.
The book encapsulates the key ‘need to know’ aspects of Real Estate including the ‘language’ of real estate; its value and contribution to countries’ GDP; its primary purpose, whether as an asset or as a resource; valuation concepts; asset classes; basic concepts of land law, and of landlord and tenant law; the increased role and importance of sustainability and technology; and an overview of the wide range of professionals involved in the industry. Readers will come to appreciate how the different elements of the profession fit together, and the professional standards and practices that may apply.
Real Estate: The Basics will be helpful reading for anyone thinking about studying Real Estate, Property, or other Built Environment topics. It could be used to teach across a wide variety of courses, to provide an aide memoire to those who are already working in the industry, and to give those who are responsible for appointing and monitoring real estate advisers a greater understanding of the workings of the real estate sector.
Table of Contents
1. Introduction 2. Real Estate in Context 3. The diversity of real estate 4. Real Estate as an Asset 5. Real Estate as a Resource 6. Real Estate People 7. The Basics of Real Estate Law 8. The Landlord and Tenant Relationship 9. Interests in Real Estate 10. Real Estate Transactions 11. Real Estate Valuation Concepts 12. Real Estate Valuation methods 13. Effective real estate management 14. Contemporary Issues in Real Estate
Jan Wilcox is a Fellow of the Royal Institution of Chartered Surveyors and a Senior Fellow of the Higher Education Academy. She spent 20 years working, mainly in property asset management, for a variety of institutions including Fenn Wright, Transport for London, the Crown Estate, Hammerson plc, and Merrill Lynch Investment Managers before moving into lecturing in higher education. She is now a Senior Lecturer in Real Estate at the University of Westminster, Senior Lecturer in Management at the University of Suffolk, and an examiner for the Institute of Residential Property Management. She is also co-author of Property Asset Management, 4th Edition, Routledge, 2018.
Jane Forsyth is a Chartered Surveyor, a former property solicitor, a Fellow of the Institute of Residential Property Management, and an accredited landlord. She has 30 years’ experience in the real estate sector including as director of her residential management business. Jane is now Associate Lecturer at Oxford Brookes University and Associate Tutor at the University College of Estate Management, UK. She also mentors RICS candidates and is an APC Assessor.