Pre-requisite: None.
These three lessons provide an introduction to the conceptual foundations underlying consulting and advisory services related to real estate. Students will learn how to: critically analyze the context for real estate problems, creating an effective foundation for further in-depth analysis of issues; effectively apply traditional and online research skills; identify risk and describe how it can be managed in real estate decisions; and develop the "meta-skills" necessary to succeed in the real estate service supply chain.
Course Outline
Foreword - Introduction to Professional Development Courses
Lesson 1: Introduction to Real Estate Consulting
- Introduction to Real Estate Consulting
- Focus on Client Needs
- Range of Consulting Activities
- Market Analysis
- Highest and Best Use Analysis
- Marketability Studies
- Feasibility Studies
- Investment Analysis
Lesson 2: Creative Critical Thinking
- Key Concepts Underlying Creative Critical Thinking
- Creative Critical Thinking and Problem Solving
- Elements of Critical Thinking
- Universal Intellectual Standards and Quality of Thought
- Intellectual Traits Necessary for Continued Self-Improvement
- How Mental Models Influence Our Thinking and Decision Making
- Mental Models and Ladders of Inference
- Applying Critical Thinking Skills Effectively
- Making the “Right” Decision
- Creative Critical Thinking in Application
Lesson 3: Research Methods
- Research and Real Estate Analysis
- Practical Applications of Real Estate Research
- Research Process
- Planning the Research
- Executing the Research Plan
- Collecting Information
- Forming Research Conclusions
- Presentation
Afterword
- The final examination
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