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QUESUOH b View the following pictures of property inspections that are due to take place with potential purchasers. Identify three potential risks that can affect

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QUESUOH b View the following pictures of property inspections that are due to take place with potential purchasers. Identify three potential risks that can affect a vendor, prospective buyers or agent associated with property inspection and propose control measures for each risk identified. (Some risks, may affect more than one stakeholder.) Property Description of the Stakeholder Control Measure/Contingency Plan No. Risk Affected e.g. Theft at open Vendor home Ensure the agent can keep an eye on all attendees at the open home, if it is a large property or large number expected, make arrangements for additional staff to be uresent to assist. Vendor Professional liability insurance can prevent real estate agents from not only paying out of pocket if an error occurs, Accidents and man insurance com - anies will National Real Estate Learning Page 5 of 11 Version 1.1 July 2021 RTO 40998

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