Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners

CPPREP4173 Mapping and Delivery Guide
Complete purchase of property as buyer’s agent

Version 1.0
Issue Date: May 2024


Qualification -
Unit of Competency CPPREP4173 - Complete purchase of property as buyer’s agent
Description
Employability Skills
Learning Outcomes and Application This unit specifies the skills and knowledge required to negotiate and act on behalf of a buyer to complete a property purchase.The unit applies to industry professionals acting on behalf of principals in real estate.State or territory licensing requirements may apply to this unit.
Duration and Setting X weeks, nominally xx hours, delivered in a classroom/online/blended learning setting.
Prerequisites/co-requisites
Competency Field
Development and validation strategy and guide for assessors and learners Student Learning Resources Handouts
Activities 		Slides
PPT 		Assessment 1 Assessment 2 Assessment 3 Assessment 4
Elements of Competency Performance Criteria              
Element: Confirm authority to purchase property.
  • Confirm and document buyer instructions to purchase property and negotiate terms of contract.
  • Arrange for inspections and reports required for completion of purchase.
  • Prepare formal authority to purchase property on behalf of buyer.
       
Element: Negotiate to purchase by private treaty.
  • Establish and document maximum offer for property and process to be followed if offer is not accepted.
  • Apply negotiation techniques to achieve the lowest price for property and terms of contract that are acceptable to both parties.
  • Present negotiated offer and terms to buyer for approval or additional instructions.
  • Finalise negotiations between all parties for exchange of contracts.
  • Facilitate payment of deposit.
       
Element: Represent buyer at auction.
  • Obtain written authority to bid on behalf of buyer according to legislative requirements.
  • Establish and document maximum bid for property and process to be followed if bidding exceeds buyer limit.
  • Apply negotiation techniques to purchase property if passed in at auction.
  • Facilitate signing of contract on behalf of buyer.
  • Facilitate payment of deposit.
       
Element: Complete purchase.
  • Arrange for pre-settlement inspections of property.
  • Manage contingencies if terms of contract cannot be met.
  • Confirm completion of settlement and facilitate settlement procedures.
  • Request feedback from buyer on agency services.
       

Submission Requirements

List each assessment task's title, type (eg project, observation/demonstration, essay, assignment, checklist) and due date here

Assessment task 1: [title]      Due date:

(add new lines for each of the assessment tasks)

Assessment Tasks

Copy and paste from the following data to produce each assessment task. Write these in plain English and spell out how, when and where the task is to be carried out, under what conditions, and what resources are needed. Include guidelines about how well the candidate has to perform a task for it to be judged satisfactory.
Copy and paste from the following performance criteria to create an observation checklist for each task. When you have finished writing your assessment tool every one of these must have been addressed, preferably several times in a variety of contexts. To ensure this occurs download the assessment matrix for the unit; enter each assessment task as a column header and place check marks against each performance criteria that task addresses.

Observation Checklist

Tasks to be observed according to workplace/college/TAFE policy and procedures, relevant legislation and Codes of Practice Yes No Comments/feedback
Confirm and document buyer instructions to purchase property and negotiate terms of contract. 
Arrange for inspections and reports required for completion of purchase. 
Prepare formal authority to purchase property on behalf of buyer. 
Establish and document maximum offer for property and process to be followed if offer is not accepted. 
Apply negotiation techniques to achieve the lowest price for property and terms of contract that are acceptable to both parties. 
Present negotiated offer and terms to buyer for approval or additional instructions. 
Finalise negotiations between all parties for exchange of contracts. 
Facilitate payment of deposit. 
Obtain written authority to bid on behalf of buyer according to legislative requirements. 
Establish and document maximum bid for property and process to be followed if bidding exceeds buyer limit. 
Apply negotiation techniques to purchase property if passed in at auction. 
Facilitate signing of contract on behalf of buyer. 
Facilitate payment of deposit. 
Arrange for pre-settlement inspections of property. 
Manage contingencies if terms of contract cannot be met. 
Confirm completion of settlement and facilitate settlement procedures. 
Request feedback from buyer on agency services. 

Forms

Assessment Cover Sheet

CPPREP4173 - Complete purchase of property as buyer’s agent
Assessment task 1: [title]

Student name:

Student ID:

I declare that the assessment tasks submitted for this unit are my own work.

Student signature:

Result: Competent Not yet competent

Feedback to student

 

 

 

 

 

 

 

 

Assessor name:

Signature:

Date:

Assessment Record Sheet

CPPREP4173 - Complete purchase of property as buyer’s agent

Student name:

Student ID:

Assessment task 1: [title] Result: Competent Not yet competent

(add lines for each task)

Feedback to student:

 

 

 

 

 

 

 

 

Overall assessment result: Competent Not yet competent

Assessor name:

Signature:

Date:

Student signature:

Date: