Conduct and complete sale by auction

Formats and tools

Unit Description
Reconstruct the unit from the xml and display it as an HTML page.
Assessment Tool
an assessor resource that builds a framework for writing an assessment tool
Assessment Template
generate a spreadsheet for marking this unit in a classroom environment. Put student names in the top row and check them off as they demonstrate competenece for each of the unit's elements and performance criteria.
Assessment Matrix
a slightly different format than the assessment template. A spreadsheet with unit names, elements and performance criteria in separate columns. Put assessment names in column headings to track which performance criteria each one covers. Good for ensuring that you've covered every one of the performance criteria with your assessment instrument (all assessement tools together).
Wiki Markup
mark up the unit in a wiki markup codes, ready to copy and paste into a wiki page. The output will work in most wikis but is designed to work particularly well as a Wikiversity learning project.
Evidence Guide
create an evidence guide for workplace assessment and RPL applicants
Competency Mapping Template
Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners. A template for developing assessments for a unit, which will help you to create valid, fair and reliable assessments for the unit, ready to give to trainers and students
Observation Checklist
create an observation checklist for workplace assessment and RPL applicants. This is similar to the evidence guide above, but a little shorter and friendlier on your printer. You will also need to create a seperate Assessor Marking Guide for guidelines on gathering evidence and a list of key points for each activity observed using the unit's range statement, required skills and evidence required (see the unit's html page for details)

Self Assessment Survey
A form for students to assess thier current skill levels against each of the unit's performance criteria. Cut and paste into a web document or print and distribute in hard copy.
Moodle Outcomes
Create a csv file of the unit's performance criteria to import into a moodle course as outcomes, ready to associate with each of your assignments. Here's a quick 'how to' for importing these into moodle 2.x
Registered Training Organisations
Trying to find someone to train or assess you? This link lists all the RTOs that are currently registered to deliver CPPREP4162, 'Conduct and complete sale by auction'.
Google Links
links to google searches, with filtering in place to maximise the usefulness of the returned results
Books
Reference books for 'Conduct and complete sale by auction' on fishpond.com.au. This online store has a huge range of books, pretty reasonable prices, free delivery in Australia *and* they give a small commission to ntisthis.com for every purchase, so go nuts :)


Elements and Performance Criteria

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

1

Confirm pre-auction terms, conditions and presentation.

1.1

Assess suitability of auction site and auction equipment and identify risks to self and others.

1.2

Confirm required auction advice is displayed according legislative requirements.

1.3

Review auction documentation and examine major points including auction instructions, authorities, contracts, reserve price, co-owner and vendor bids.

1.4

Confirm number of registered bidders, online bidding and bidding by authority according to legislative requirements.

1.5

Liaise with vendor or sales agent for final instructions.

2

Open auction.

2.1

Read out terms and conditions of sale by auction according to legislative requirements

2.2

Identify property and vendor in relation to the contract.

2.3

Respond to questions from potential bidders and other parties.

2.4

Submit property for sale by auction and call for opening bids.

3

Manage auction to maintain flow.

3.1

Conduct the auction according to legislative requirements.

3.2

Manage bidding process and maintain auction process to achieve reserve price.

3.3

Seek instructions from vendor or sales agent for vendor bids or to change reserve.

3.4

Implement trial close strategy.

4

Complete auction.

4.1

Signify close of auction using appropriate strategy such as final calls, fall of hammer and closing script.

4.2

Knock down property to successful bidder once reserve price has been met and all other bids are exhausted.

4.3

Pass in property if reserve price is not met and all bids are exhausted.

4.4

Offer highest bidder opportunity to negotiate with vendor when property fails to reach reserve price.

4.5

Obtain feedback on auction from vendors and colleagues.