This course covers guidelines put in place by NSW Fair Trading to combat underquoting on property prices. Agents are bound to make honest and reasonable estimates of selling prices and must keep records to demonstrate what information they relied on to make those estimates. This Elective CPD covers:
- Property and Stock Agents Act provisions
- Relevance of Australian Consumer Law (ACL)
- Methods for an agent to estimate selling price
- Appraisal of property
Completion of this course provides 3 hours of Elective Continuing Professional Development (CPD) learning.
