This section describes the essential skills and knowledge and their level required for this unit

Required skills

communication skills to provide relevant instructions and advice on property disposal

computing skills to access the internet and web pages prepare and complete online forms lodge electronic documents and search online databases

interpersonal skills to relate to people from a range of social cultural and ethnic backgrounds and varying physical and mental abilities

organisational skills to monitor property disposals and obtain and collate feedback on disposal methods

problem solving skills to negotiate property disposals and to source analyse and interpret property and market information

research skills to source information on a range of appropriate disposal methods and collect and analyse financial performance information on property disposals to determine price

technical skills to prepare and complete reports and access market information

Required knowledge and understanding

limitations of work role responsibility and professional abilities

local property market conditions and overall trends in the industry

methods and techniques of disposal

organisational and professional procedures ethical practices and business standards

relevant federal and state or territory legislation and local government regulations related to

antidiscrimination

consumer protection

environmental issues

equal employment opportunity EEO

financial probity

franchise and business structures

industrial relations

OHS

privacy

property sales leasing and management

sources of advice on property disposals

taxation issues regarding property disposals

valuation methods and techniques to appraise property

Overview of assessment

This unit of competency could be assessed through practical demonstration of disposal of property as part of an investment portfolio Targeted written including alternative formats where necessary or verbal questioning to assess the candidates underpinning knowledge would provide additional supporting evidence of competence The demonstration and questioning would include collecting evidence of the candidates knowledge and application of ethical standards and relevant federal and state or territory legislation and regulations This assessment may be carried out in a simulated or workplace environment

Critical aspects for assessment and evidence required to demonstrate competency in this unit

A person who demonstrates competency in this unit must be able to provide evidence of

choosing suitable disposal methods appropriate to a range of at least three asset types

communicating disposal documentation requirements clearly to advisers

determining appropriate price based on an accurate analysis of market information

gathering regular feedback during the disposal cycle

knowledge of organisations practices ethical standards and legislative requirements associated with disposing of property as part of an investment portfolio

successfully disposing of a property

Context of and specific resources for assessment

Resource implications for assessment include

a registered provider of assessment services

assessment materials and tools

candidate special requirements

competency standards

cost and time considerations

suitable assessment venue and equipment

Where applicable physical resources should include equipment modified for people with disabilities

Access must be provided to appropriate learning andor assessment support when required

Assessment processes and techniques must be culturally appropriate and appropriate to the language and literacy capacity of the candidate and the work being performed

Validity and sufficiency of evidence require that

competency will need to be demonstrated over a period of time reflecting the scope of the role and the practical requirements of the workplace

where the assessment is part of a structured learning experience the evidence collected must relate to a number of performances assessed at different points in time and separated by further learning and practice with a decision of competence only taken at the point when the assessor has complete confidence in the persons competence

all assessment that is part of a structured learning experience must include a combination of direct indirect and supplementary evidence

where assessment is for the purpose of recognition RCCRPL the evidence provided will need to be current and show that it represents competency demonstrated over a period of time

assessment can be through simulated projectbased activity and must include evidence relating to each of the elements in this unit

In all cases activity and must include evidence relating to each of the where practical assessment is used it will be combined with targeted questioning to assess the underpinning knowledge Questioning will be undertaken in such a manner as is appropriate to the language and literacy levels of the candidate and any cultural issues that may affect responses to the questions and will reflect the requirements of the competency and the work being performed

Clients may include:

Organisational requirements may be outlined and reflected in:

Factors that may impact on disposalof property may relate to:

Disposal method may include:

Asset types may include:

Business equipment and technology may include:

Relevant information to disposal may include:

Specialist advice may be sought from:

Price may be determined by factors such as:

Legislative requirements may be outlined and reflected in:

Interpersonal techniques may include:

Relevant people may include:

Appropriate documentation may include:

Feedback may include: