Elements and Performance Criteria
- Research property.
- Purpose of property appraisal is established with client in line with agency practice and legislative requirements.
- Methods for gathering information are selected that are reliable and make efficient use of time and resources in line with agency practice.
- Information on property is gathered and organised in a format suitable for analysis and interpretation in line with agency practice.
- Appropriate interpersonal communication techniques are used to access additional information from relevant people.
- Source documents are obtained and analysed to determine status and ownership of property in line with agency practice and legislative requirements.
- Appraise sale price range or rental value of property for listing purposes.
- Appropriate method for appraising the sale price range or rental value of property is selected in line with agency practice and legislative requirements.
- Sale price range or rental value of property is appraised for listing purposes in line with client instructions, agency practice and legislative requirements.
- Appraisal of sale price range or rental value of property is clear, justified and based on assessment of all factors in line with agency practice.
- Limitations in appraising property are recognised and specialist advice is sought as required in line with agency practice.
- Present information.
- Information on sale price range or rental value of property is presented to client within specified time, budget and quality constraints and in line with client requirements and agency practice.
- Information is prepared and presented in required format, style and structure using relevant business equipment and technology in line with legislative and agency requirements.
- Feedback on suitability and sufficiency of appraisal is obtained and where appropriate incorporated into advice.
- Agency property records are securely maintained with due regard to client confidentiality in line with agency and legislative requirements.