MINIMISING AGENCY AND CONSUMER RISKS 1 You (the learner) to provide services in real estate by...

Transcribed Image Text:

MINIMISING AGENCY AND CONSUMER RISKS 1 You (the learner) to provide services in real estate by minimising agency and consumer risks. Mr. Smith is an owner of a 2600 square feet house which he intends to give on lease. You as a property manager have been given a job to arrange numerous options of lessees keeping in regard the potential risks to the house and the owner. Document all the risks involved with each kind of lessee, analyse these risks, potential impact on the agency and provide option to minimise such risks. You are advised to formulate a report incorporating all the risks, their impact and control measures to minimise them. Submit this report for assessment. Use this template to record details of the process. Learner Name Real Estate Agency name Date Name of the landlord Name of the Client Nature of real estate business (for example: Land settlement/ purchasing or selling land or property/ leasing land or property) What other stakeholders will be involved What legal/industry requirements are relevant to this real estate business Were any of the following undertaken? (If so provide details) What process did you use to clarify client and real estate requirements How did you confirm the validity of client intentions and information?? What research did you 2 Assessment Templates CPPDSM4015B - Minimising Agency and Consumer RiskVersion 1.0 MINIMISING AGENCY AND CONSUMER RISKS 1 You (the learner) to provide services in real estate by minimising agency and consumer risks. Mr. Smith is an owner of a 2600 square feet house which he intends to give on lease. You as a property manager have been given a job to arrange numerous options of lessees keeping in regard the potential risks to the house and the owner. Document all the risks involved with each kind of lessee, analyse these risks, potential impact on the agency and provide option to minimise such risks. You are advised to formulate a report incorporating all the risks, their impact and control measures to minimise them. Submit this report for assessment. Use this template to record details of the process. Learner Name Real Estate Agency name Date Name of the landlord Name of the Client Nature of real estate business (for example: Land settlement/ purchasing or selling land or property/ leasing land or property) What other stakeholders will be involved What legal/industry requirements are relevant to this real estate business Were any of the following undertaken? (If so provide details) What process did you use to clarify client and real estate requirements How did you confirm the validity of client intentions and information?? What research did you 2 Assessment Templates CPPDSM4015B - Minimising Agency and Consumer RiskVersion 1.0