Assessment_Proj3a

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School

TAFE NSW - Sydney Institute *

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Course

CPP41419

Subject

Business

Date

Jan 9, 2024

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pdf

Pages

8

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Assessment CPPREP4101 Version 1.0 23 March 2020 Page 16 of 29 DOCUMENT LOCATION : Sharepoint/NSW/CPP41419/Licence/CPPREP4101 PROJECT 3 – Prepare and Present Appraisal Report In this section you will demonstrate your skills and knowledge in relation to : - Preparing a property Appraisal report Presenting a property appraisal report to the client Obtaining feedback on the appraisal report and documenting the feedback The maintenance of documented evidence about the appraisal Analysing feedback from the client to improve future presentations. What you need to do: You are required to choose two different types of properties that are situated in the same geographical area in order to undertake an appraisal of each property of your choosing. The two properties may be different types from the following list:-. Residential property Commercial property Industrial property, or Retail property Having chosen the two property types in the same area you are to undertake appraisal for each property for one of the following appraisal types: - Sale Lease Development site You will find is easier if you choose properties you are familiar with which can be the property you live in, or it may be a property that you have come across during your employment. One of the properties can be the property you inspected in Project 1 What you will need: Access to the properties you have chosen Access to the internet and legislative and regulatory websites Research materials such as property portals, books, internet, magazines, workplace documentation etc. o Access to legislative and regulatory documentation Access to qualification and professional development for real estate roles in NSW Property Stock and Business Agent’s Act 2002 and the Regulation 2014 concerning the Rules of Conduct, Competition and Consumer Act 2010. What you need to do if you are required to undertake this project: § Conduct an inspection of two different properties and appraisals of a properties of your choice as directed in “What you will need”. § Gather information about the properties during a physical inspection § Gather a range of other information to assist in the process § Write a report that details your activities What you will need: § Your notes after you have inspected the property § Access to a computer and Microsoft Word and other office software (such as Excel or PowerPoint) § Access to a printer if you print out your answers § Access to the Internet for research purposes § Access to a range of books, magazines, information about the local area etc.
Assessment CPPREP4101 Version 1.0 23 March 2020 Page 17 of 29 DOCUMENT LOCATION : Sharepoint/NSW/CPP41419/Licence/CPPREP4101 When: § During your own time What you need to submit: Your reports as required in the spaces provided to below : All work must be in your own words with references where you obtained the information from. If you use a property portal to obtain the information you analyse. then note the source in your answers. (e.g. Source RPData) Evidence of research undertaken to assist with appraisal. (List down all the sources from where you obtained evidence) Instructions: In this task you will carry out a property appraisal on the properties you have inspected It can either be your own property, or any other property that you have internally inspected. In this project you will need to undertake the following activities and then answer the questions that follow in report format, which is divided into two sections for each property. a. Preparing a property appraisal report i. Using reliable and efficient methods, gather a range of information required for you to make a fair appraisal of each of the properties you have chosen. This will include a brief description of the properties features and main selling points. Make headings and then detail the relevant information you have gathered under each heading. Also, under each heading detail the methods you have used for gathering this information and why you feel they are reliable. You will need to provide evidence of the use of computer skills to access the Internet and web pages. You will also need to explain how you would fill out online forms and databases to access appropriate information. Property 1: Residential Commercial Industrial Retail Purpose of Report: Lease OR Sale Address: CONTINUE YOUR ANSWER OVER THE PAGE IN A NEW ANSWER BOX
Assessment CPPREP4101 Version 1.0 23 March 2020 Page 18 of 29 DOCUMENT LOCATION : Sharepoint/NSW/CPP41419/Licence/CPPREP4101 ASSESSOR USE ONLY S NS
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