Complete the following table for types of agency services $-$ The first on is completed for you.

Types of Agency Services Detail Services Provided Licensing Requirements Clients or Customer Involved in Service

Residential Sales List and sell land, homes, units, duplexes, apartments, etc $-$ generally no larger than $20$ hectares Real Estate Licence or Certificate of Registration holder

Vendor$/$Seller

Buyer$/$Purchaser

Residential Property Management

Leasin

and

management

of land, homes, units, duplexes, apartments, etc generally no larger than

$20$ Hectares

Real Estate

Licence

or

Agents' Representative

holder

Landlord

$/$Rental Provider

Tenants

$/$Renter

Property

Management Business

development

A senior property manager or business development manager $($bdm$)$ whose main focus us to grow the business Real Estate

Licence

or

Agents' Representative

holder

Landlord

$/$Rental Provider

Tenants

$/$Renter

Comercial

$/$

Industrial

$/$retail sales

List

and

sell

warehouses,

offices

$,$ factory bays,

commercial land

$,$ shops in

Arcade

or

street

$.$ Real Estate

Licence

or

Agents' Representative

holder

Vendor$/$Seller

Buyer$/$Purchaser

Commercial$/$Industrial$/$Retail Property Management

Leasing

and

management

of warehouses, offices,

factory bays

$,$ commercial land,

shops in arcade

or street. Real Estate

Licence

or

Agents' Representative

holder

Landlord

$/$Rental Provider

Tenants

$/$Renter

Auctioneering

The Auctioneer controls the process to trade in property wherein potential buyers place competitive bids either in an open or closed format. Either

Real Estate

Licence or

Buyer's

Agent Licence auctioneer accredited.

Vendor

$/$Seller

Buyer

$/$Purchaser

Buyer's Agent A buyer's agent

represents the buyer

in a transaction. The buyer's agent has

authority to

on

behalf

of the

buyer

in

negotiating

a Purchase and

sale agreement

with the seller's agent.

Real Estate

Licence or Buyer's

Agent's

Licence

Vendor$/$

Seller

Buyer$/$

Purchaser

Business broker

Carries on business as an auctioneer of rural land or livestock or as an agent for:

$($a$)$ where the land concerned consists of rural land any one or more of the things referred to in paragraphs $($a$)-($d$)$ of the definition of "real estate agent", or

$($b$)$ a livestock transaction

Business Broker's

Licence

vendor

$/$Seller

Buyer

$/$Purchaser

Business broker

Also called business transfer agents, or intermediaries, assist buyers and sellers of privately held businesses in the buying and selling process. They typically estimate the value of the business; advertise it for sale with or without disclosing its identity; handle the initial potential buyer interviews, discussions and negotiations with prospective buyers; facilitate the progress of the due diligence investigation and generally assist with the business sale.

Business

Broker's Licence

Seller

Buyer