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50. How could you find out more information about having a 'cleaner and greener' work place? new 51 51. Legislation has been introduced to regulate
50. How could you find out more information about having a 'cleaner and greener' work place? | new | |
51 | 51. Legislation has been introduced to regulate the use of tenant databases. List four (4) reasons a tenant can be listed on a tenancy database: | new |
52 | 52. The key principles of Australian Consumer Law are to protect consumer rights when buying goods and engaging services. List two (2) examples of these rights. | new |
53 | 53. Which section of Australian Consumer Law deals with false or misleading representations about the sale of land? | new |
54 | 54. In your state, whose responsibility is it to view and confirm a vendor/sellers identity? | new |
55 | 55. What is a Certificate of Title? | new |
56 | 56. What are the essential elements to a valid Agency Agreement or Sales Authority? | new |
57 | 57. What is the Act that regulates the real estate industry in your state? | new |
58 | 58. There are many key components or tiers to legislation and how Acts work. These tiers are referred to as 'hierarchy'. Provide a description of each point.
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59 | 59. There are 11 elements to the structure of legislation. What are they? | new |
60 | 60. What steps are taken before amendments to legislation happen? | new |
61 | 61. List two (2) techniques and strategies for tracking legislative amendments. | new |
62 | 62. Who is ultimately responsible for ensuring the agency is compliant and how do they do this? | new |
63 | 63. Identify three (3) common problems associated with interpreting legislation. | new |
64 | 64. What is the process for addressing a discrepancy when found? | new |
65 | 65. What could be an example of a correction to a discrepancy? | new |
66 | 66. What is 'express permission' and how give an example of how it relates to an agency? | new |
67 | 67. Define the relationship between marketing and communication channels. | new |
68 | 68. List any five (5) methods of communication / marketing that you can use to promote a property. | new |
69 | 69. Choose any three (3) marketing techniques and analyse their features and benefits. | new |
70 | 70. Briefly describe what engaging with the community offers. | new |
71 | 71. There are six (6) building blocks for excellence customer service. What are they? | new |
72 | 72. Identify and explain ethical practice considerations in marketing and communication, in particular Sections 18 & 30 of Australian Consumer Law. | new |
73 | 73. Provide three (3) examples of what an agent MUST NOT DO with regards to photographs used in advertising of a property. Explain why. | new |
74 | 74. List any three (3) of the ways you could market yourself and/or the agency. | new |
75 | 75. The purpose of personal, property and agency profiles is to build trust with your clients. What does your marketing strategy need to outline to achieve this? | new |
76 | 76. How does a personal profile assist in attracting potential clients? | new |
77 | 77. What is the definition of 'trust money' | new |
78 | 78. What is the purpose of a trust fund / account? | new |
79 | 79. What is a: NSW - Statutory Interest Account VIC - Victorian Property Fund SA - Agents Indemnity Fund WA - Fidelity Guarantee Account QLD: Claim Fund | new |
80 | 80. Define the impact of fraud on the real estate profession and public and provide an example. | new |
81 | 81. Provide two (2) examples of trust money. | new |
82 | 82. What are general funds? Provide one example. | new |
83 | 83. Provide two examples of a how general account is used. | new |
84 | 84. Who in the agency can receipt trust monies? | new |
85 | 85. Who in the agency is ultimately responsible for disbursements from the trust account? | new |
86 | 86. What is a disbursement, how can it be drawn from the account? | new |
87 | 87. What is the procedure if an account is overdrawn? | new |
88 | 88. By what date must the licensee-in-charge have the trust account audits completed? | new |
89 | 89. Why would a licensee-in-charge/principal agent monitor and maintain audit procedures, both internally and externally? | new |
90 | 90. List two (2) of the licensee-in-charge's responsibilities for trust account audits. | new |
91 | 91. List two (2) of the penalties that can be expected when stealing from or not properly supervising trust accounts. | new |
92 | 92. What are trust account deposit timeframes (in your state) that you should adhere to in real estate? | new |
93 | 93. When should a trial balance/reconciliation statement be undertaken? | new |
94 | 94. Under legislation, when must a trial balance or reconciliation statement be undertaken? | new |
95 | 95. List and describe any two (2) of the common forms of errors in trust accounts. | new |
96 | 96. What is a Journal used for in regards to trust account? | new |
97 | 97. List three (3) benefits to using a computerised system for trust account management as opposed to a handwritten system: | new |
98 | 98. What is the role and what are the functions of trust accounting software? | new |
99 | 99. What information must be contained in an end-of-month landlord's statement? |
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