Content outline
Topic 1 – Valuations
Topic 2 – Buying the Property
Topic 3 – The Roles of Associated Professionals
Topic 4 – Overview of the Settlement Process
Module objectives
By the end of this module you will be able to:
- Explain the buying and selling process in depth state by state
- List different valuation methodology used such as government, summation, bank valuations and appraisals and when they are used
- Describe the process of making offers on property
- Brainstorm appropriate negotiation tactics that you clients should use
- List the steps necessary to ensure settlement of a property occurs
- Describe the tasks required of the purchaser, the vendor and all associated professionals
- Explain the different types of property title applicable in Australia
- Describe the term due diligence and explain appropriate due diligence steps
- Explain the meaning of the terms caveat, covenant and easement
- List features of contracts state by state
- List the necessary steps for settlement