In Australia:

1) Use dot points to identify three (3) risks to the general public that may occur when attending a real estate auction: (25-40)

2) Use dot points to identify three (3) risks for a purchaser to buy a property through the auction process: (10-40 )

3) Use dot points to identify three (3) risks for a vendor when selling a property through the auction process: (10-40 )

4) Use dot points to identify three (3) risks for a real estate agency when selling a property through the auction process: (20-50)

5) Identify two (2) general and two (2) local indicators or market conditions that may inform an auctioneer that the value of a property is increasing: (40-60)

6) Identify two (2) environmental issues that may decrease the value of a property being sold at auction: (6-15 )

7)Identify two (2) environmental features that may increase the value of a property being sold at auction: (6-15 )

8)Identify two (2) specific requirements that may apply to a block of units being sold at auction: (6-15)

9)Use your own words to explain the purpose of a reserve price when selling a real estate property at auction: (30-40)

10) Explain two (2) sources of information a seller may consider when setting a reserve price when selling their property at auction: (4-15)