Today we live in a society where we travel from one state to another in hours and around
the world in days. Families are no longer restricted by location or infrastructure as they can
access everything though the worldwide web.
Investing in property is just as good as money in the bank and real estate is now part of the
game and not only for putting a roof over one’s head. The types of properties, construction
material, style and size has evolved from the humble dwelling of yesteryear. Property price
can no longer be predicted and now take dramatic falls and rises due to what is happening
around us. We have units, luxury penthouses, townhouse, new houses have 4 bedrooms
when 50 years ago 2 was the norm.
How times have changed.
What use to be a simple real estate transaction sealed with a handshake has exploded into
legislative paperwork frenzy. Why, because too many agents are uneducated in the fundamentals of real estate and are not acting ethically.
So please understand that even though it may seem that you are learning some things over the next two days that have nothing to do with selling or leasing, ultimately it is your duty to understand the legalities and expectations that you will need to comply with. In the real estate world today you are responsible for what you do, so do it well.
Successful Agents act professionally, are knowledgeable, display confidence, perform
ethically and deliver the best customer service they can. Are you up for the challenge?
Learning outcomes
The seven units of Competency, listed here, are the Office of Fair Trading Queensland
educational requirements to apply for registration to work in a Qld Real Estate Agency in
2013.
The learning guide has been produced to assist you in understanding and interpreting the
Legislative requirements and Laws that will impact on how you will perform real estate
activities and duties as a Sales person or Property Manager. By no means is the course the only education that you will undertake, as once you are in the workplace you will continue to learn.
The Real Estate industry comes with its own terms and jargon. The following Website
provides an extensive list for your perusal. It may assist you in your learning and provides
definitions of some of the more common terms used in the world of Real Estate.
Assessment Writing Help
You are required to complete all the assessment questions and tasks listed in this workbook. An assessor will then ascertain your competence, by reviewing your responses and determining your knowledge and understanding. It is only after being assessed as competent that you will be issued a Statement of Attainment.
In order for you to apply for a QLD Real Estate Registration Certificate, you must have been deemed competent in all 7 units.
Evidence
Evidence is information that demonstrates to the assessor that you have the skills
and knowledge to be deemed competent.
Evidence may include:
- case studies
- role plays
- practical assessment or skill demonstration
- certificates (RPL)
- third party reports (RPL)
- references from paid or unpaid work experience (RPL)
- samples of work qualifications (RPL)
- portfolio of evidence (RPL)
All evidence provided:
1. Should be compiled into a portfolio and clearly referenced
2. Will be checked by the assessor to ensure validity
Assessment is used:
• To measure students’ preparedness for further study or professional
accreditation;
• To provide feedback on student learning for both students and staff;
• To define and protect academic standards;
• To direct students’ learning.
Effective assessment for a unit or program of study will typically include a mix of
assessment types, selected and designed to meet these multiple and various demands.
Formative Assessment
Assessment tasks are described as formative if they provide students with feedback
intended to enable improved performance on current or subsequent tasks.
Formative assessment typically has the development of learners’ understanding or skills as
an objective.
Summative Assessment
Assessment tasks are described as summative if they are awarded a grade (or score), and
if that grade contributes to the overall grade for the unit. Many assessment tasks serve both summative and formative purposes.
Assessment Process
Assessment decisions will be based on your ability to demonstrate competency against all
performance criteria (included in this booklet) and required skills and knowledge as outlined in the competency standard. Competency will be determined after reviewing all of the evidence you have submitted and demonstrated.
When all evidence has been gathered your assessor will make a final decision and sign off
with “C” (Competent) or “NYC” (Not Yet Competent).
If you have been deemed competent your Statement of Attainment will be issued. If for some reason you are deemed NYC, you will be advised of what further action is necessary to achieve competency.
Feedback
You will be provided with formal and informal feedback from your trainer at regular intervals
throughout this course to assist you in the learning process.
Assessments will consist of:
• Questions /Interviews / Self-assessment
• Observations / Role plays /Interaction /Visual Simulations
• Group discussions / Audio Activities /Demonstration
• Case studies / Projects
