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What legislative and regulatory requirements impact on sale of property by private treaty? Explain how an agency can protect themselves & consumers from false representations

What legislative and regulatory requirements impact on sale of property by private treaty?

Explain how an agency can protect themselves & consumers from false representations and misleading advertising when selling property by private treaty?

In relation to property sales, what are (3) reasons a trust account would be required and explain the process in relation to these that agencies may have to follow?

How might enquiries from potential buyers be received into the agency?

What are (2)benefitsofqualifying potential buyersfor

(a)You as an agent;

(b)The property seller.

When qualifying buyers, what questions / due diligence should the agent undertake relating to the buyer when selling property?

With regard to potential buyers, who might represent key decision makers?

What are some of the factors which are likely to influence the decision of a buyer to purchase a property?

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