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Oral Assignment: Audio Property Management NSW (CIVREP-NSW3 - OR - Audio - v1)
Oral Assignment: Audio Property Management NSW (CIVREP-NSW3 - OR - Audio - v1)
Audio
Property Management NSW
(CIVREP-NSW3_OR_Audio_v1)
Student number
CIVREP-NSW3_OR_Audio_v1
Before you begin
Read everything in this document before you start your oral assignment by audio recording.
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Part 1: Instructions for completing and submitting
the oral assignment
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The oral assignment marking process
You have 12 weeks from the date of your enrolment in this subject to submit your completed oral
assignment and audio recording.
If you reach the end of your initial enrolment period and have been deemed ‘Not yet demonstrated’ in one
or more assessment items, then an additional four (4) weeks will be granted, provided you attempted all
assessment tasks during the initial enrolment period.
Your assessor will mark your assignments and return them to you in the subject room in KapLearn under
the ‘Written and Oral Assessment’ page.
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Units of competency
This oral assignment is your opportunity to demonstrate your competency against these units:
Note that the written and oral assignment is one of two assessments required to meet the requirements of
the units of competency.
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Part 2: Preparation for oral assessment
To prepare for your oral assessment you are required to complete the following questions:
Question 1
Consider the purpose of a listing presentation for property management for a prospective client that has
limited knowledge of property management. Make a brief statement that explains the role of the managing
agent.
Hint: Think in terms of why a landlord would come to a managing agent for provision of property
management services.
To help their clients buy, sell or rent real estate, real estate brokers work with them. This includes
everything from office buildings to residences to land.
We are in charge of all of the day-to-day activities that take place in a rental property. They should
be familiar with the industry in which the rental works, such as industrial property or housing.
we’d job is to make sure the owner's objectives are realized by overseeing rent, tenants, upkeep,
budgeting, and rental property records. If you're a landlord, you need to know everything there is
to know about state and federal rules that govern everything from screening tenants to handling
security deposits to terminating leases to conducting evictions.
The task of determining the rental rate is one that every landlord must do. Thus, it is a frequent
task that landlords delegate to property management. To entice renters, the property management
sets reasonable rent pricing. If you'd like to keep your property attractive to tenants, you should do
an annual evaluation of comparable nearby homes.
we are responsible for ensuring that the property is safe and liveable for all occupants. In addition
to regular maintenance and emergency repairs, we are also in charge of the physical administration
of the property.
Contractors and other repairmen's work must be scrutinized to ensure that it meets requirements
and is completed on schedule.
we are responsible for ensuring that the property is safe and liveable for all occupants. In addition
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to regular maintenance and emergency repairs, we are also in charge of the physical administration
of the property.
Contractors and other repairmen's work must be scrutinized to ensure that it meets requirements
and is completed on schedule.
For accounting purposes, complete records of the property are necessary. All income and expenses
should be documented, as should a list of inspections, signed leases, maintenance requests,
complaints, repair records, repair charges, maintenance costs, and a record of rent collecting and
insurance costs.
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Question 2
Create a checklist of items you would cover in a listing presentation, based on the information provided in
Case Study 1 in the written assignment.
Note: You will use this checklist as a resource to support you in the delivery of your presentation in Part 3
of this oral assignment.
we are guided by our Mission Statement and Core Values
Qualifications and Requirements
Why do I have such a strong desire to work in real estate?
our Agency for Brokerage Services
a breakdown of our prior work
Recommendations from Prospective Customers
A Quick Look at the Market
a marketing strategy that has been proposed
Below is how to get in touch with us:
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Part 3: Role-play — Deliver a listing presentation
You will participate in a role play for 20 minutes (maximum of 25 minutes). The role play will be conducted
by audio recording. You will need a volunteer to assist you in the role play.
For your volunteer you need to select an appropriate person who is able to participate in the volunteer role
criteria below. The volunteer needs to understand that this is part of your assessment. Provide a copy of
the Volunteer Guide in your KapLearn subject room to your volunteer, so they understand what they need
to do in your assessment.
Remember: You will not be assessed on your acting ability. Rather, you will be assessed on the criteria
listed below under the student role.
When starting your role-play recording, ask your volunteer if they give permission to be included in the
audio recording. The volunteer needs to agree verbally before the recording may continue.
This role play builds upon the work you commenced in your written assignment in relation to
Case study 1: relating to William Kotios’ property. It includes two (2) people:
1 Your name You Property manager at Magnus Real Estate, working under a licensee in charge
The scenario text from Case study 1 in your written assignment is replicated below, for your reference.
Scenario
You are a property manager for Magnus Real Estate, one of the largest agencies in your local area.
You have been prospecting for new property management listings and were introduced to a potential
new landlord, William Kotios, at a recent networking event where you swapped business cards. You then
followed up with an introductory email the day after the event.
William has replied to your email asking you to call him to arrange an appointment to meet him at the
apartment he is planning to lease. He wants to discuss the process of leasing and managing the property,
and for you to provide him with a rental appraisal.
From the address he provided, you know that the unit is a 2-bedroom apartment in a strata-titled block
built in the early 2000’s. You know the block well, as your agency already manages two (2) other units in
the same complex.
You have not met this potential client before, other than socially, and therefore you have no knowledge of
his property management experience or his expectations of the agency. You do not know if he is the legal
owner of the property.
You know how important the relationship between the landlord and agency is, so you phone William to
arrange the appointment to meet him, to gather more information about him and his property.
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Task
Your oral presentation task is to prepare and deliver a listing presentation to William. The presentation has
five (5) sections below, all of which must be covered:
TOTAL 20 minutes
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To prepare for the listing presentation, consider the following:
Content:
• Review the details of the property in Case study 1 in both your planning and your oral presentation.
• Include reference to the management agency agreement and the communication schedule completed in
your written assessment.
• Collate resources to support your listing presentation, including the checklist you created in
Part 2: Preparation for oral assessment.
Delivery (not assessed but recommended for smooth delivery):
• Will you have a hard copy or soft copy of the listing kit to give to William (your volunteer)?
• Will you take your laptop and present on your computer?
• What other information will you provide William (your volunteer)?
Please keep time frames in mind as you deliver your presentation, as you must remain within maximum
time limit for the oral assessment.
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Assessor feedback Resubmission required?
No
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