Assessor Resource

CPPREP5007
Develop a strategic business plan in the property industry

Assessment tool

Version 1.0
Issue Date: May 2024


This unit specifies the skills and knowledge required to develop a business strategy to position the property agency in the property market.

It includes identifying and analysing business opportunities and potential demand for agency services, and establishing business goals and objectives.

The unit applies to industry professionals in the property industry.

State or territory licensing requirements may apply to this unit.

You may want to include more information here about the target group and the purpose of the assessments (eg formative, summative, recognition)

Submission Requirements

List each assessment task's title, type (eg project, observation/demonstration, essay, assingnment, checklist) and due date here

Assessment task 1: [title]      Due date:

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Assessment Tasks

Copy and paste from the following data to produce each assessment task. Write these in plain English and spell out how, when and where the task is to be carried out, under what conditions, and what resources are needed. Include guidelines about how well the candidate has to perform a task for it to be judged satisfactory.
Copy and paste from the following performance criteria to create an observation checklist for each task. When you have finished writing your assessment tool every one of these must have been addressed, preferably several times in a variety of contexts. To ensure this occurs download the assessment matrix for the unit; enter each assessment task as a column header and place check marks against each performance criteria that task addresses.

Observation Checklist

Tasks to be observed according to workplace/college/TAFE policy and procedures, relevant legislation and Codes of Practice Yes No Comments/feedback
Analyse sources of information about the property market and business environment to determine both immediate and ongoing business opportunities. 
Complete cost–benefit analysis of property information to determine the viability of opportunities. 
Analyse available information to develop agency property market profile. 
Estimate demand for agency services and develop potential client profile. 
Determine resources to service projected demand and include in an overall cost–benefit analysis. 
Establish agency marketing positioning strategy. 
Document range of services to be provided with associated service fees and charges. 
Determine business goals and identify activities to achieve projected share of the property market. 
Conduct break-even analysis of short- and long-term agency viability to ensure cash flow. 
Determine performance benchmarks. 
Develop strategic directions within the business plan. 
Use agency business plan to evaluate agency business performance. 

Forms

Assessment Cover Sheet

CPPREP5007 - Develop a strategic business plan in the property industry
Assessment task 1: [title]

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I declare that the assessment tasks submitted for this unit are my own work.

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Result: Competent Not yet competent

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Assessment Record Sheet

CPPREP5007 - Develop a strategic business plan in the property industry

Student name:

Student ID:

Assessment task 1: [title] Result: Competent Not yet competent

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Feedback to student:

 

 

 

 

 

 

 

 

Overall assessment result: Competent Not yet competent

Assessor name:

Signature:

Date:

Student signature:

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