Real Estate - Australia

CPPREP4202 - Case Study:

Task 2

You (the learner) to establish vendor/lessor relationship. Mr. Smith wants to sell a building comprising of 03 floors. Each floor contains 10 offices. The building is located in Springvale. You as a real estate agent have been given a job to identify and record client needs and preferences for sale of commercial property, respond to clients questions or concerns and provide suitable information. Record communications with client according to agency requirements. Research, analyse and record commercial property and market information to identify factors impacting the sale. Explain sale process to the client. Prepare and complete agency documentation for sale of property. Secure and maintain client documentation. Plan communication methods and timeframe for feedback on sale process with client. Submit a report incorporating the details of client needs and preferences, a record of communication with client, agency and client documentation for sale of property. Use this template to record details of the process.
Learner Name
Real Estate Agency name
Date
Name of the landlord
Name of the Client	Mr. Smith
Nature of real estate business (for example: Land settlement/ purchasing or selling land or property/ leasing land or property )	Selling Property Building comprising of 3 Floors, containing 10 Offices in each floor.
What other stakeholders will be involved	Mr Smith, New Owner.
What methodology has been adopted for property appraisal?
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 accuracy and reliability of property data
Prospecting method for property sale/lease listings
Signing agency documents
Communication with stakeholders
Using networks
Record keeping of all the documents
Analysis of marketing trends
Provide details of the sale/lease process
What recommendations would you make to your organisation to ensure future compliance and ethical operation?
Recommendations:
Your name			Date
Your Signature