RES420: John Case Study - First Home Buyers - Real Estate Assignment Help

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Assignment Task:

Task 1: Recruitment questions
John is hoping to recruit two new salespeople for the team. He has added a page to the agency’s website, titled ‘Come and work in real estate’, which describes the work and invites people to submit questions.

The branch manager has asked you to draft brief answers to some of these questions. In each case you need to refer to the relevant section(s) of the Real Estate Agents Act 2008 that apply.
(Write 50–75 words per response.)

Here are some of the questions John’s received during the past week regarding licensing issues:
1
. I am nearly 18 years old. I know you want someone to start work in June, but I don’t turn 18 until October. Would that work?
2. I was convicted of benefit fraud when I was 19. That was 15 years ago, and I haven’t had any problems since then. Will this disqualify me?
3. I was made bankrupt 3 years ago because a customer of my importing business got into financial difficulties and couldn’t pay me. But I’m not a bad person! Will this count against me becoming a salesperson? My bankruptcy was discharged in March last year.
4. I’ve just completed my salesperson’s course. I want to be a salesperson because my parents both work in real estate. But I don’t have any experience yet. Will this disadvantage me in any way?
5. My husband got his licence a couple of years ago and has done a bit of work in real estate but doesn’t enjoy it. Can his licence be transferred into my name?

Task 2: Office quiz
John Canon, the branch manager, runs a monthly training session with the sales team.
This month he has set a quiz to check the salespeople’s understanding of the Real Estate Agents Act 2008 and the Real Estate Agents Act (Professional Conduct and Client Care) John drafted some scenarios based on cases from the Complaints Assessment Committee and situations he heard about from other agencies. He asks you to prepare example answers to give to the team at the end of the training session.

Read the following client complaints then state:

  •  the legislation that applies to the situation (name the section(s) and rules that have been breached, or that have been complied with, and
  •  whether each issue is likely to reflect:

Assignment scenario
For the purposes of this assignment, you have recently joined the team as the newest salesperson at Waterford Real Estate Ltd, working at the Waterford East branch under the leadership of John Canon.
Task 1: First home buyers
You are working with customers, Tom and Lucy Bradshaw, who are keen to purchase their first home. Over a period of about 3 weeks you have shown them several properties, and they’ve shown considerable interest in five of them. You have given them a copy of the certificate of title for each of these properties.

(a) Tom and Lucy mention that they are rather confused by the titles of the five properties. They ask you to:
(i) identify the current owner/s of each home, and
(ii) explain each property in terms of tenure. In your explanation, describe how the tenure affects the rights and obligations of the owners.
You can access the certificates of title from the Assessment area of this course.

Task 2: Helping new immigrants into the housing market
You have been asked by the Waterford Community Centre to talk to a group of new immigrants about property ownership in New Zealand. Most have low levels of English.
(a) You decide to support your speech with a handout, because you mayhave future customers in the audience. Here are the key points you need to include in the handout:
(i) A brief overview of the Torrens land transfer system used in New Zealand.
(Your answer should be 50–100 words.)
(ii) Explain, in your own words, what the customer, client, customer’s solicitor and client’s solicitor do, starting with the sale and purchase agreement, and ending with the completed sale.
(Your answer should be 100–150 words.)
(iii) Complete this handout by explaining the process of registering the new owner’s details on the certificate of title at LINZ.
(Your answer should be approximately 25–50 words.)
(b) You also plan to explain to your audience that people buying and sellingreal estate may come across the following terms in relation to

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