CPPDSM4022A Sell and Finalise the Sale of Property by Private Treaty

  • What are some of the methods of sale of property?
  • What is sale by private treaty?
  • What legislative and regulatory requirements impact on sale of property by private treaty?
  • Explain how an agency can protect themselves & consumers from false representations and misleading advertising when selling property by private treaty?
  • Provide an example and brief explanation of an encumbrance on a property title.
  • List 2 different types of land titles and briefly explain the meaning of each.
  • What are some trust account requirements that agencies may have to follow?
  • How might enquiries from potential buyers be received?
  • Who would you build rapport with at an open home?
  • What is the benefit of qualifying potential buyers?
  • (a) You as an agent
    (b) The property seller
    Name at least 2 for each.
  • What questions / due diligence should the agent undertake relating to the buyer when selling property?
  • With regard to potential buyers, who might represent key decision makers?
  • What are some examples of appropriate interpersonal communication techniques?
  • List 3 different types of questioning techniques.
  • What are some of the factors which are likely to influence the decision of a buyer to purchase a property?
  • List 4 benefits of an open for inspection for a salesperson, buyer and/or seller.
    (a) How would you prepare a home for an open for inspection?
    (b) What information or materials would you take with you?
  • What are some examples of effective presentation skills which can be used when promoting a property for sale?
  • Apart from the price, list 3 other factors that may effect the successful conclusion of a sale.
  • (a) Identify 3 things that might go wrong between the date of signing the contract and settlement.
    (b) Identify a contingency plan for possibly overcoming each of these issues.
  • (a) What is a contract?
    (b) What factors constitute the forming of a valid contract?
  • What are some general areas, sections or terms and conditions that are covered in a contract for sale?
  • What is a cooling off period?
  • What are some of the circumstances in which contracts are void, voidable or unenforceable?
  • What are some techniques that can be used to deal with conflict and deadlocks?
  • To assist with property settlements what other professional services may be used?
  • What are 5 rules of negotiation?
  • What are some effective techniques for closing a sale?
  • What are some examples of sale of property documentation?
  • What are some agency disbursements that may occur upon settlement?
  • What information needs to be recorded and filed relating to the sale of property at the end of the transaction? List at least 4 things.