ACT AS A BUYER'S AGENT

Question 1: Please explain the processes including the actions you would undertake to promptly handle inquiries from prospective buyers and to establish appropriate rapport with them

Question 2: Please draft six (6) questions that you would ask to establish buyer requirements. Your questions must be of the open and probing type to ascertain as much information as possible.

Question 3: What documentation would you require to establish a legal buyer's agency engagement?

Question 4: What are the main areas that must be covered and contained within this documentation?

Question 5: What methods and areas would you use to source properties to satisfy buyer inquiries?

Question 6:

A) What methods would you use to analyze information collected to best satisfy the buyer's requirements?

B) Name at least five pieces of legislation (Acts) that are relevant to your role as an agent for the buyer?

Question 7: Where/who would you go to obtain specialist advice to satisfy buyer requirements?

Question 8: What techniques and negotiation skills, including those relating to conflict resolution, would you utilize to successfully conclude transactions on behalf of your buyer?

Question 9: What actions would you take to ensure that the settlement process was successfully monitored on behalf of your buyer?

Question 10: What after-sales service and communication would you initiate to ensure the best opportunities to obtain future business and referrals from completed transactions?

Question 11 What documentation would you require to establish a legal buyer's agency agreement

Question 12 Draft six questions that you would ask to establish buyer requirements. Your questions must be of the open and probing type to ascertain as much information as possible.

Question 13 Where/who would go to obtain specialist advice to satisfy buyer requirements

Question 14 What does Section 31 of the Sale of Land Act set out in relation to cooling off provisions

Question 15

What association representing buyer's agents has a code of ethics that its members must abide.

16. Identify and describe 5 general legal principles relating to buyer's agents.

17. What is a marketing mix?

18. Why is communication so important when acting as a Buyer's Agent?

19. Why is there a potential for a conflict of interest when acting as a Buyer's Agent?

20.Why do you think it is important to promote the agency and agent in an agency that offers Buyers Advocacy?