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REA CPD - Agency Agreements


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REA CPD - Agency Agreements

Price: $ 29.95+GST

REA Verified Continuing Professional Development Elective 1 1/2 hour course on Agency Agreements

Table of Contents

Real Estate Continuing Professional Development, Agency agreements, covers the following information:

  • Contents
  • Learning objectives
  • Terms used in this guide
  • The definition of real estate agency work and when it begins and ends
  • The six principles of contract and how they apply to agency agreements
  • Agency agreements
  • Authorised persons
  • Proof of Identity: identification and verification
  • Appraisals
  • Methods of sale, or offering of property, space or business and licensee benefits
  • Commission and marketing or advertising
  • Material particulars included in the agency agreement
  • Agency agreement must disclose rebates, discounts, and commissions
  • Approved guide – residential property
  • Ethical responsibilities of the licensee
  • Advising about double commissions
  • Standard clauses for residential and rural agency agreements
  • The Fair Trading Act 1986 covering unfair contract terms
  • Cancellation of agency agreements
  • Unsolicited approach (uninvited direct sale)
  • Roll-over clause provisions
  • Ensuring the vendor or lessor is aware of licensee disclosure obligations