COURSE
CONTENT Implement
and Monitor Financial Systems (PRDRE09A) - Establishing
and maintaining financial records for efficient financial administration.
- Preparing
and presenting financial reports.
- Monitoring
financial transactions at regular intervals to ensure adequate cash reserves and
enable ongoing assessment of agency performance.
Manage
Agency Risk (PRDRE10A) - Identifying
and analysing potential risks to your agency and clients.
- Implementing
policies and procedures to minimise risk.
- Establishing
and adhering to ongoing monitoring and reporting systems to minimise risk to agency
and clients.
- Ensuring
the security of managed properties.
Provide
Property Appraisal (PRDRE11A) - Obtaining
and analysing market information.
- Researching
and recording property factors and rental price indicators that reflect your local
market conditions.
- Formulating
accurate advice to assist clients in making informed decisions about pricing.
- Maintaining
relevant property records to enable past and current property trends to be identified
to assist in appraisals and listings.
Establish
and Expand Client Base (PRDRE12A) - Servicing
the agency’s existing client base.
- Developing
a business network.
- Implementing
a strategy to expand your client base.
- Maximising
repeat business opportunities.
Obtain
Property Listings (PRDRE13A) - Establishing
and monitoring client motivation and expectations of the agency.
- Delivering
property listing presentations.
- Providing
advice on available listing options.
- Providing
property appraisals.
- Securing
property marketing listings.
- Negotiating
fees and conditions with lessors.
- Recording
and acting on instructions.
Market
Property (PRDRE14A) - Designing
an effective and well-targeted advertising and marketing plan to attract buyers.
- Plan,
implement and monitor an advertising campaign.
- Identifying
the demographics of your market.
Undertake
Sale by Private Treaty (PRDRE15A) - Qualifying
buyer enquiries from responses to advertising, promotion and walk-in enquiries
to determine buyer preferences and capacity.
- Undertaking
property inspections.
- Applying
effective sales presentation techniques.
- Maintaining
client relationships.
- Submitting
offers and negotiating property sales in a way that meets agency and legislative
requirements for the finalisation of a property transaction.
Monitor
Sales Process (PRDRE16A) - Monitoring
the lodgement of documents for the correct transfer of ownership required for
the legal sale of a property.
- Preparing
documentation for agency disbursements, including checking settlement financial
transactions, updating financial systems to reflect authorised transactions, calculation
of agency fees and ensuring that required authorisations, signatures and identifications
are obtained prior to disbursement.
Lease
Property (PRDRE18A) - Screening
tenant enquiries.
- Undertaking
property inspections.
- Obtaining
and reviewing tenancy applications to ensure they have been completed in a full
and accurate manner.
- Ensuring
the tenancy application process is conducted in accordance with all legislative
requirements.
- Preparing
tenancy application documentation.
- Recording
tenancy arrangements and instructions to ensure accurate records of all property
management activities.
Provide
Property Management Services (PRDRE19A) - Maintaining
and protecting the condition of managed properties.
- Ensuring
the security of managed properties through regular inspections and implementing
security measures.
- Undertaking
risk management for managed properties.
Present
and Explain Property Reports (PRDRE22A) - Defining
the main features of building styles in the market area and explaining the major
features of each.
- Identifying
common building construction techniques.
- Understanding
the minor and major defects commonly found in buildings and explaining the implications
of these to clients and customers.
- Analysing
cost benefits of property improvements.
- Conducting
internal and external inspections of properties and providing reports detailing
the property description and any defects.
Conduct
Property Sale by Auction (PRDRE26A) - Preparing
properties for sale by auction, including marketing and the completion of appropriate
documentation.
- Conducting
the auction professionally and legally.
- Completing
the auction sale.
Maintain
Trust Account (PRDRE28A) - Defining
the elements of accounting and demonstrating the effect of transactions on the
accounting equation.
- Explaining
the requirements of relevant legislation on trust accounting processes and audit
requirements for an agent’s office.
- Completing
a set of trust account journals in accordance with requirements of appropriate
legislation.
- Completing
the transfer of trust account general journal data into relevant ledger accounts
and completing the monthly balancing.
- Reconciling
the trust accounting bank statement to the trust ledger bank account.
Implement
Personal Marketing Plan (PRDRE30A) - Maintaining
a professional image through appropriate grooming, work area presentation and
business contacts.
- Addressing
client requirements through appropriate ethical professional behaviour.
- Building
credibility with clients through reliable, punctual contact and dealing with possible
dissatisfaction in accordance with agency procedures.
Perform
and Record Property Management Activities and Transactions (PRDRE37A)
- Establishing and maintaining
tenant/landlord documentation and fi les.
- Preparing
tenancy agreements in accordance with legislative requirements.
- Preparing
managing agents’ agreements in accordance with legislative requirements.
- Recording
tenant/landlord transactions on your agency database.
Prepare
and Execute Documentation - Sales (PRDRE39A) - Preparing
the documentation required for a valid contract for the sale of land.
- Identification
of particular terms implied into contracts for the sale of land in different situations.
- Presenting
contract documentation for execution.
- Managing
third party involvement - arranging and checking the execution and return of documentation
by other parties.
- Drafting
and adapting documents to meet client needs and instructions.
- Understanding
the responsibilities of an agent in regard to the holding of deposit monies.
Prepare
and Execute Documentation - PM (PRDRE39A) - Identifying
residential tenancy arrangements by their type and particular characteristics.
- Preparing
residential tenancy documentation.
- Implementing
the requirements placed on a landlord or agent when entering into a residential
tenancy agreement.
- Understanding
the rights and duties of all parties when implementing or terminating a residential
tenancy agreement.
- Preparing
appropriate documentation when terminating a residential tenancy on behalf of
a landlord.
- Understanding
the procedures and documentation required regarding security deposits and bond
monies when a residential tenancy agreement has been terminated.
Clarify
and Confirm Property Information Requirements (PRDPOD62A) - Discussing
and clarifying requirements with clients.
- Confirming
with clients the processes for communication and providing relevant information
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