Every questions are for Victoria, Australia 1. Where would

Every questions are for Victoria, Australia 1. Where would you find… Every questions are for Victoria, Australia1. Where would you find the ethical and conduct standards relevant to the appraisal of property?3. Which Act legislates real estate appraisals and penalties that could apply when these are breached?5. Give an example of when a property appraisal would not be sufficient.7. Where would you source information for the possible redevelopment or restrictions on properties you are appraising?8. List three (3) sources you can use / access to compare properties.11. List three (3) most common methods of appraising properties.12. How would you calculate a “like for like” method of appraisal? Where would this likely occur?13. Under legislation for what length of time must appraisal records be maintained by the office.14. Which legislation protects this information and to whom can these records be shown?18. Give two (2) examples of an outside specialist and what role do they play?21. When listing a property using a specified range, the difference between the higher figure and the lower figure cannot be anymore than ……% of the lower figure. Task 1Using the details of your own home and area, research sites such as realestate.com or domain.com for evidence of comparable properties.Analyse your results of past sales and current listings for time on the market and price achieved, then an appraisal report (attached) using the information you have obtained.Remember to attach your ‘evidence’ that supports your appraisal.A: SALE PRICE ESTIMATE ANDB: RENTAL ESTIMATE Task 2Present Appraisal Report to ClientUsing the above information you have collated for the appraisal on your home, you are to make a presentation to the vendor;During this presentation you are to advise the potential vendor your opinion of price, how you obtained that and present the comparable property’s information and your suggestion of method of sale – i.e. private treaty or auction.This presentation can be completed as a video, which you’ll need to upload, or alternatively you can upload a script. Your assessor will be looking at your communication skills and body language throughout the video. In your script explain how your body language is maintained and your message is conveyed. The video/script should be minimum of 5 minutes. Task 3Find a property in the same geographical location as your home that fits the following criteria:RuralCommercialIndustrialRetailYou must also ensure the above property fits in one of the following transaction types:LeaseDevelopment siteTransfer of titleAgistmentUsing your chosen options, you are to make a presentation to a second client (upload a script or make a video)Research sites such as realestate.com or domain.com, analyse your results, then writean appraisal report using the information you have obtained.During this presentation you are to advise the potential vendor / landlord your opinion of price, how you obtained that and present the comparable property’s information and your suggestion of method of sale – ie. private treaty or auction OR lease.This presentation can be completed as a video, which you’ll need to upload or alternatively you can upload a script. Yourassessor will be looking at your communication skills and body languagethroughout the video. In your script explain how your body language ismaintained and your message is conveyed. The video/script should be around 10 – 15 minutes. Arts & Humanities Communications Marketing

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