Question
You (the learner) to provide services for commercial property lease. Ms Jones is a dentist and has been practising in a private hospital. She intends
You (the learner) to provide services for commercial property lease.
Ms Jones is a dentist and has been practising in a private hospital. She intends to open a clinic in Springvale. For this purpose, she wants to buy a suitable building comprising of 6 rooms at least. 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 pre-settlement 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|l|} \hline Learner Name & \\ \hline Real Estate Agency name & \\ \hline Date \\ \hline Name of the landlord & \\ \hline Name of the Client & \\ \hline Nature of real estate business [for example Land settlement/ purchasing or selling land or property/ leasing land or pronarty & \\ \hline What other stakeholders will be involved & \\ \hline What legal/industry requirements are relevant to this real estate business & \\ \hline \end{tabular} \begin{tabular}{l} 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 \\ \hline Any information regarding the settlement? \\ \hline What process did you use to take the client's feedback? \end{tabular} \begin{tabular}{l|l|} \hline Signing agency documents & \\ \hline Communication with stakeholders & \\ \hline \hline Using networks & \\ \hline Record keeping of all the documents & \\ \hline Conflict resolution & \\ \hline \end{tabular} Provide details of the communication technique you used to make a deal with the buyer/vendor Provide details of the post settlement process What recommendations would you make to your organisation to ensure future compliance and ethical operation? Recommendations: \begin{tabular}{l|l|} \hline Learner Name & \\ \hline Real Estate Agency name & \\ \hline Date \\ \hline Name of the landlord & \\ \hline Name of the Client & \\ \hline Nature of real estate business [for example Land settlement/ purchasing or selling land or property/ leasing land or pronarty & \\ \hline What other stakeholders will be involved & \\ \hline What legal/industry requirements are relevant to this real estate business & \\ \hline \end{tabular} \begin{tabular}{l} 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 \\ \hline Any information regarding the settlement? \\ \hline What process did you use to take the client's feedback? \end{tabular} \begin{tabular}{l|l|} \hline Signing agency documents & \\ \hline Communication with stakeholders & \\ \hline \hline Using networks & \\ \hline Record keeping of all the documents & \\ \hline Conflict resolution & \\ \hline \end{tabular} Provide details of the communication technique you used to make a deal with the buyer/vendor Provide details of the post settlement process What recommendations would you make to your organisation to ensure future compliance and ethical operation? Recommendations
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