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Evidence Guide: CPPREP4161 - Undertake pre-auction processes

Student: __________________________________________________

Signature: _________________________________________________

Tips for gathering evidence to demonstrate your skills

The important thing to remember when gathering evidence is that the more evidence the better - that is, the more evidence you gather to demonstrate your skills, the more confident an assessor can be that you have learned the skills not just at one point in time, but are continuing to apply and develop those skills (as opposed to just learning for the test!). Furthermore, one piece of evidence that you collect will not usualy demonstrate all the required criteria for a unit of competency, whereas multiple overlapping pieces of evidence will usually do the trick!

From the Wiki University

 

CPPREP4161 - Undertake pre-auction processes

What evidence can you provide to prove your understanding of each of the following citeria?

Review contract details.

  1. Access, read and interpret contract documentation.
Access, read and interpret contract documentation.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Determine currency of contract to identify any changes to contract.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Confirm role of external parties.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Interpret terms of contract and matters that affect the title.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Identify and document property details.

  1. Identify key features of property from property report, marketing plan and materials.
Identify key features of property from property report, marketing plan and materials.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Analyse features of location, facilities and aspect to ascertain selling features.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Identify matters impacting on property for disclosure purposes.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Confirm vendor expectations.

  1. Liaise with sales agent or vendor to confirm auction process.
Liaise with sales agent or vendor to confirm auction process.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Confirm vendor’s price expectations.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Analyse market indicator data to identify likely interest levels and expected price range and compare to vendor expectations.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Identify and evaluate details of expressions of interest or offers made pre-auction.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Prepare auction day strategy.

  1. Plan information for opening the auction adhering to legislative requirements.
Plan information for opening the auction adhering to legislative requirements.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Collate information about the property.

Completed
Date:

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Prepare script to explain key features of the contract and role of external agencies.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Develop contingency plans for matters that may arise during the auction.

Completed
Date:

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Prepare order of sale for multiple properties at an in-room auction.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Assessed

Teacher: ___________________________________ Date: _________

Signature: ________________________________________________

Comments:

 

 

 

 

 

 

 

 

Instructions to Assessors

Required Skills and Knowledge