Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Task: To demonstrate competency in this unit, a person must complete the sale of three commercial properties. The properties may come from the following categories:

Task: To demonstrate competency in this unit, a person must complete the sale of three commercial properties. The properties may come from the following categories:

Office

Industrial

Retail

Healthcare

Leisure

Warehouses

Multi-family.

Use (your preferred format of) the template provided below to document the process and return them with any supporting evidence to your assessor.

image text in transcribedimage text in transcribedimage text in transcribed

To demonstrate competency in this unit, a person must complete the sale of three commercial properties. The properties may come from the following categories: - Office - Industrial - Retail - Healthcare - Leisure - Warehouses - Multi-family. Use the templates provided to document the process and retum them with any supporting evidence to your assessor. You (the learner) to provide services for commercial property lease. Mr Smith wants to establish a regional office for his steel mills in Springvale. This regional office will be comprised of about 50 offices incorporating the accounts, administration, supply chain and sales departments. For this purpose, he wants to buy a building in Springvale. You, as a real estate agent, have arranged a building that is ready for sale. You have been given a job to maintain communication with the vendor and buyer to provide feedback on the sales process. Identify and resolve issues that may impact the sale. Facilitate preparation of required sales documentation. Administer and secure deposits according to legislative requirements. Consult legal advice relevant to the type of sale and complete presettlement processes. Monitor progress of contract and adherence to conditions of sale. Confirm settlement has concluded and complete post-settlement processes. Evaluate vendor and buyer satisfaction to establish future business opportunities. Update databases to inform future prospecting activities. Submit a video showing all the above-mentioned tasks along with a report in a written form incorporating the details of the sales documents, deposits, feedbacks, pre-and post-settlement process. Use this template to record details of the process. \begin{tabular}{l} Learner Name \\ \hline Real Estate Agency name \\ Date \\ \hline \begin{tabular}{l} Name of the landlord \\ \hline NameoftheClientbusinessofrealestate(forexampleLandsettlement/purchasingorsellinglandorproperty/property) \\ leasing land \\ What other stakeholders \\ will be involved \\ What legal/industry \\ requirements are relevant \\ to this real estate business \end{tabular} \\ \hline \end{tabular} Were any of the following undertaken? (If so provide details) What process did you use to monitor the progress of the contract and adherence to conditions of sale Any information regarding the settlement? To demonstrate competency in this unit, a person must complete the sale of three commercial properties. The properties may come from the following categories: - Office - Industrial - Retail - Healthcare - Leisure - Warehouses - Multi-family. Use the templates provided to document the process and retum them with any supporting evidence to your assessor. You (the learner) to provide services for commercial property lease. Mr Smith wants to establish a regional office for his steel mills in Springvale. This regional office will be comprised of about 50 offices incorporating the accounts, administration, supply chain and sales departments. For this purpose, he wants to buy a building in Springvale. You, as a real estate agent, have arranged a building that is ready for sale. You have been given a job to maintain communication with the vendor and buyer to provide feedback on the sales process. Identify and resolve issues that may impact the sale. Facilitate preparation of required sales documentation. Administer and secure deposits according to legislative requirements. Consult legal advice relevant to the type of sale and complete presettlement processes. Monitor progress of contract and adherence to conditions of sale. Confirm settlement has concluded and complete post-settlement processes. Evaluate vendor and buyer satisfaction to establish future business opportunities. Update databases to inform future prospecting activities. Submit a video showing all the above-mentioned tasks along with a report in a written form incorporating the details of the sales documents, deposits, feedbacks, pre-and post-settlement process. Use this template to record details of the process. \begin{tabular}{l} Learner Name \\ \hline Real Estate Agency name \\ Date \\ \hline \begin{tabular}{l} Name of the landlord \\ \hline NameoftheClientbusinessofrealestate(forexampleLandsettlement/purchasingorsellinglandorproperty/property) \\ leasing land \\ What other stakeholders \\ will be involved \\ What legal/industry \\ requirements are relevant \\ to this real estate business \end{tabular} \\ \hline \end{tabular} Were any of the following undertaken? (If so provide details) What process did you use to monitor the progress of the contract and adherence to conditions of sale Any information regarding the settlement

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions