CPPREP4001 - Prepare for Professional Practice in Real Estate Assignment

Assignment Task

Questions

1. Transactions that may be completed by a real estate agent include:

• purchase of houses or land
• sale of business
• sale of land and houses
• lease of property
• auction

2. A real estate agent may have relations and business dealings with:

• vendors
• property buyers
• landlords/rental provider/lessee
• tenants/renter
• business owners
• third parties involved in the property transaction
• all above

3. Looking at the agency/principal relationship, select which of the following relate to the principal.

• the person who instructs the real estate agent
• the person who represents the agency
• generally, the property owner
• pays commission or fees in relation to services carried out
• signs a written agreement with the agent
• a person wanting to buy a property for themselves
• a buyer’s agent acting with authority to purchase on behalf of another person

4. Looking at the agency/principal relationship, select which of the following relates to the agent.

• is authorised by written agreement to represent the principal
• a buyer’s agent acting with authority to purchase a property for a person
• is authorised to collect a fee or commission on completion of a successful property transaction
• a person acting on behalf of a property seller
• signs a written agreement with the property owner
• a person wanting to sell a property
• usually has a share in property ownership
• all above

5. Landlords and agents have the right to choose the most suitable applicant for the property but are not allowed to unfairly discriminate. It is against the law to discriminate against:

• race
• sex
• pregnancy
• marital status
• disability
• sexuality
• age
• gender
• all above

6. It is not against the law if the landlord or agent does not want smokers, tenants with poor tenancy history or people who have had an issue with rent payments.

• true
• false
• Indirect discrimination means?
• treating everyone the same but in a way that ends up being unfair to a specific group of people
• treating one person less favourably than another because of particular attributes
• both above

7. When considering working in real estate, there are certain requirements to be met. All applicants for a personal licence or registration must prove that which of the following requirements?

• You may choose more than one option.
• age eligibility
• they are a fit and proper person
• have the qualifications required
• are not a disqualified person

8. Awards are legal documents that outline the minimum pay rates and conditions of employment. Use the Fair Work Australia Award finder to find and confirm the relevant award for working in the real estate sector as a real estate salesperson .

• Clerks - Private Sector Award
• Real Estate Industry Award
• Property Award

9. Looking at the real estate payment award Types of employment , an agent can be engaged under terms and conditions of…?

• full-time employment
• part-time employment
• casual employment
• any of the above

10. Employers must give every new employee a copy of the Fair Work Information Statement when they start their new job. This new provides employees with information about their conditions of employment and includes information on:

• the National Employment Standards
• right to request flexible working arrangements
• modern awards
• making agreements under the Fair Work Act 2009
• individual flexibility arrangements
• freedom of association and workplace rights (general protections)
• termination of employment
• right of entry
• the role of the Fair Work Ombudsman and the Fair Work Commission
• work travel arrangements
• all above

11. Research the Fair Work Information Statement. When considering personal leave, which of the following is correct? Y ou can select more than one option.

• also known as ‘Sick leave’ and ‘Carer's leave’
• allows an employee take time off to help them deal with personal illness
• allows time off for caring responsibilities and family emergencies
• can be used when an employee is ill or injured
• unused personal leave does not carry over to the next year of employment
• all employees except casuals are entitled to paid sick and carer's leave
• full time employees are allocated 10 days each year
• part-time employees’ allocation is pro rata of 10 days each year depending on their hours of work
• can be used as holiday if not taken in the year allocated

12. One of the key areas to be an effective communicator is to be a good listener; in particular, an empathetic listener. Empathetic listening may include:

• recognising feelings and emotions
• making value judgements
• advising the client your time is valuable and that you will allocate a few minutes to listen.

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