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Evidence Guide: CPPREP4101 - Appraise property for sale or lease

Student: __________________________________________________

Signature: _________________________________________________

Tips for gathering evidence to demonstrate your skills

The important thing to remember when gathering evidence is that the more evidence the better - that is, the more evidence you gather to demonstrate your skills, the more confident an assessor can be that you have learned the skills not just at one point in time, but are continuing to apply and develop those skills (as opposed to just learning for the test!). Furthermore, one piece of evidence that you collect will not usualy demonstrate all the required criteria for a unit of competency, whereas multiple overlapping pieces of evidence will usually do the trick!

From the Wiki University

 

CPPREP4101 - Appraise property for sale or lease

What evidence can you provide to prove your understanding of each of the following citeria?

Prepare for property appraisal.

  1. Identify and apply regulatory and legislative requirements of the property appraisal process.
Identify and apply regulatory and legislative requirements of the property appraisal process.

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Confirm and document client requirements and expectations for property appraisal.

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Obtain and document agreement to proceed with property appraisal.

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Confirm and record property ownership, attributes and features relevant to property to be appraised.

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Research and analyse property market conditions and property attributes.

  1. Select appraisal methods suitable for the property type and location.
Select appraisal methods suitable for the property type and location.

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Inspect property and location.

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Identify and document market conditions and indicators for sale or lease price.

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Collate source documents and information to support property appraisal.

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Analyse information to determine market indicators and expected price range or rental value for property.

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Identify sources of specialist advice to assist appraisal as required.

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Prepare and present appraisal report.

  1. Prepare property appraisal report.
Prepare property appraisal report.

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Present property appraisal report to client.

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Obtain and document feedback from client on property appraisal report.

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Maintain documented evidence from appraisal activities to ensure confidentiality of information.

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Analyse feedback from client to inform future presentations.

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Assessed

Teacher: ___________________________________ Date: _________

Signature: ________________________________________________

Comments:

 

 

 

 

 

 

 

 

Instructions to Assessors

Required Skills and Knowledge