RES422 - Common Methods of Sale for Real Estate - Real Estate Assignment Help

Assignment Task

Learning objectives

In this written assessment you will:

• Explain the inspection and appraisal process and appraisal methods and apply these to different properties in accordance with industry requirements.

• Explain common methods of sale for real estate.

• Complete an agency agreement.

• Develop a marketing plan, budget and promotional material to market a property and explain how to qualify potential customers and present a property to them

Complete these tasks on the MS Word template for Part 1 (under Assignment 2 in the zip file in the Assessment area). Use each of the following three methods to prepare an appraisal for Aria and Wiremu.

(a) Competitive market analysis (CMA), including a minimum of three recent comparable sales, and three comparable properties that are currently on the market.

(b) Net rate analysis, including a minimum of three comparable properties.

(c) Replacement cost analysis.

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