CPPREP4001: Prepare for Professional Practice in Real Estate - Business Assignment Help

Assignment Task :

Real estate agency structure and personnel
You must address legislative liabilities and responsibilities (refer to appropriate sections of the relevant Act for your state or territory) to answer the following;

• Identify the various business ownership options 
• Identify the services offered by real estate agencies
• Provide an outline of a typical organisational structure for a real estate agency.
• Provide an overview of agency staff roles and responsibilities including administration, agents and agent’s representatives and management.
• Identify and explain the agency-principal relationship.
• Identify parties to the following real estate transactions;
• Contract for Sale of House and Land
• General Tenancy Agreement;
• Agency Agreement (Appointment of Agent);
• Explain the agency’s obligations in relationship to sharing their commissions/licence lending as outlined in the legislation for your state/territory.
• What are the repercussions for agents/agencies performing real estate activities whilst being unlicensed?  Refer to the relevant section(s) of the legislation in your answer.

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