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REA CPD - Tender & Auction


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REA CPD - Tender & Auction


Price: $ 29.95+GST

REA Verified Continuing Professional Development Elective 1 1/2 hour course on Tender and Auction

Table of Contents

Table of Contents

Real Estate CPD - Tender and auction, covers the following information:

  • Learning outcomes
  • Key considerations when offering property or land through tender or auction
  • Buying and selling by tender
    • Key points about the tender process
  • Buying and selling by auction
    • Fair Trading Act 1986 and its impact on the auction process
  • The auctioneer’s responsibilities
  • Implications for prospective purchasers or bidders
  • Mortgagee sales by auction or tender
    • Notice by mortgagee
    • Terms of a mortgagee sale
    • Reserve at mortgagee auction
    • Withdrawing a mortgagee sale
    • Tenanted property
  • Vendor selling goods in trade as a supplier
  • Disciplinary Tribunal - guidance on auction best practice
  • Disciplinary Tribunal - precedent case
  • The Real Estate Agents Act and the Rules in relation to tender and auctions sales
    • Payment of auction proceeds
    • The relationship between a prospective client’s choice about how to sell and licensee’s benefits
  • The Overseas Investment Act 2005 in relation to tender and auctions sales
  • Anti-money laundering
    • Prescribed transaction reports (PTRs)
  • Further reference material