Assessor Resource
CPPDSM4019A
Prepare for auction and complete sale
Assessment tool
Version 1.0
Issue Date: June 2024
This unit of competency supports the work of licensed real estate agents, real estate representatives and support staff engaged in preparing for auctions.
This unit of competency specifies the outcomes required to prepare for an auction and complete the sale of property. It includes implementing the auction marketing plan, preparing auction documentation, confirming the reserve price with the seller, planning and implementing auction day procedures, and completing follow-up procedures after auction sale. The outcomes required to conduct an auction are addressed in CPPDSM4004A Conduct auction.
The unit may form part of the licensing requirements for persons engaged in real estate activities in those States and Territories where these are regulated activities.
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