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Manage ethical practice in the property industry RESOURSE - https://vsubscriberresources.s3.amazonaws.com/614afcbaeebcf.pdf ethical practice management 1 You (the learner) to analyse, evaluate, manage and report ethical practice

Manage ethical practice in the property industry RESOURSE - https://vsubscriberresources.s3.amazonaws.com/614afcbaeebcf.pdf ethical practice management 1

You (the learner) to analyse, evaluate, manage and report ethical practice within the property industry

You have been assigned a job to manage ethical practice within a property agency that deals with acquiring land and combining it with other property to develop it. This is how the agency rezones the acquired property to increase its value. You are advised to submit a report incorporating the necessary legislation regarding the ethical practices required within an organisation, risks associated, and risk mitigating strategies adopted in such a kind of organisation. Submit a report for evaluation.

Use this template to record details of the process.

Learner Name

Agency name

Commencement date

Completion date

What resources will be needed

What other stakeholders will be involved

What legal/industry requirements are relevant to this process

(for example, are national privacy principles)

Were any of the following undertaken? (If so, provide details)

What process did you use to clarify client and process requirements

How did you confirm the validity of client

intentions and information??

What research did you undertake?
Analysis of existing documentation, all materials

Seeking advice from a legal officer, government representative, industry representative, or other relevant person/s

Provide details of the planning an image and implementation for the process you undertook for this application

What were the outcomes/findings of the process?

What recommendations will be made as a result of processing the application?

Based on your conclusions, what recommendations would you make to your organisation to ensure future compliance and ethical operation?

Recommendations:

Your name

Date

Your Signature

ethical practice management 2

You (the learner) to analyse, evaluate, manage and report ethical practice within the property industry

You have been assigned a job to analyse and report the non-professional behaviour of a listing broker of a property agency. Miss Jones called for appointment confirmation when the broker responded by saying, " Yes, I remember you, you are the one with all the kids", and then cancelled the appointment by saying that the house might go into foreclosure very soon, whereas the same house was advertised in the newspaper a few days ago. You are required to analyse the risks associated with such kind of behaviour for an agency and what are the mitigating strategies to deal with such issues. Submit the analysis in the form of a report for assessment.

Use this template to record details of the process.

Learner Name

Agency name

Commencement date

Completion date

What resources will be needed

What other stakeholders will be involved

What legal/industry requirements are relevant to this process

(for example, are national privacy principles)

Were any of the following undertaken? (If so, provide details)

What process did you use to clarify client and process requirements
How did you confirm the validity of client intentions and information??
What research did you undertake?
Analysis of existing documentation, all materials

Seeking advice from a legal officer, government representative, industry representative, or other relevant person/s

Provide details of the planning an image and implementation for the process you undertook for this application

What were the outcomes/findings of the process?

What recommendations will be made as a result of processing the application?

Based on your conclusions, what recommendations would you make to your organisation to ensure future compliance and ethical operation?

Recommendations:

Your name

Date

Your Signature

ethical practice management 3

You (the learner) to analyse, evaluate, manage and report ethical practice within the property industry

You have been assigned a job to analyse and report non-professional behaviour in the property industry. Ms Jones is working with a property agency for the last ten years. The owner of the company named Smith pays a 20 % referral fee for every single buyer and lessee that she refers to the agency. This time Mr Smith refuses to pay her for the latest deal. Ms Jones located and introduced a land for the shopping mall to the agency, which the agency bought for 10 million AUD. According to the policy, the agency is bound to pay 20 % of the 2.5 % cooperating broker's fee, which totals 50,000 AUD. Mr Smith refused to pay this amount of money. He is willing to pay 10000 AUD instead. You are advised to submit a report incorporating the analysis of the effects generated by such behaviour for an agency and the mitigating strategies to deal with such issues in the future.

Use this template to record details of the process.

Learner Name

Agency name

Commencement date

Completion date

What resources will be needed

What other stakeholders will be involved

What legal/industry requirements are relevant to this process

(for example, are national privacy principles)

Were any of the following undertaken? (If so, provide details)

What process did you use to clarify client and process requirements
How did you confirm the validity of client intentions and information??
What research did you undertake?
Analysis of existing documentation, all materials
Seeking advice from a legal officer, government representative, industry representative, or other relevant person/s

Provide details of the planning an image and implementation for the process you undertook for this application

What were the outcomes/findings of the process?

What recommendations will be made as a result of processing the application?

Based on your conclusions, what recommendations would you make to your organisation to ensure future compliance and ethical operation?

Recommendations:

Your name

Date

Your Signature

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