Unit of competency Outline

Date retreived
22/07/2026 11:29 AM AWST

Whilst all efforts are made to provide accurate and timely information from the relevant source/documentation, please be aware that the information supplied may not be the most current version. The accuracy of the detail has not been confirmed by the Department and therefore should not be relied upon without first confirming the contents.

Conduct livestock auction

Conduct livestock auction

Unit of competency
National Code
CPPREP4508
State Code
OAR07
TGA Status
Current
DTWD Status
Approved
Current Release Number
1.00
Current Release Date
21/03/2019
View on TGA
State Implementation and Classification
Approved Date
03/06/2020
Field of Education
080599 - Sales And Marketing, N.e.c.
Original Release Date
03/06/2020
Nominal Hours
25
Description
This unit specifies the skills and knowledge required to conduct an auction of livestock.It includes accessing, interpreting and applying written instructions for the auction, calling an auction and completing the auction process.This unit applies to people currently working in or seeking to work in the real estate stock and station sector.State or territory licensing requirements may apply to this unit.
Notes
Elements and Performance Criteria
1 Confirm auction terms, conditions and presentation.
  • 1.1 Confirm suitability of auction site and display of required auction advice and documentation according to legislative requirements.
  • 1.2 Confirm suitability and operation of auction equipment.
  • 1.3 Confirm availability and suitability of auction documentation, including instructions, authorities, contracts, reserve price and vendor bids.
  • 1.4 Confirm number of registered bidders, online bidding and bidding by authority.
  • 1.5 Confirm staff are available to facilitate the conduct of the auction.
2 Open auction.
  • 2.1 Read out terms and conditions of sale by auction according to legislative requirements.
  • 2.2 Identify livestock and vendor for each sales lot.
  • 2.3 Describe livestock, consistent with description available to public.
  • 2.4 Respond to questions from potential bidders and other parties.
  • 2.5 Submit livestock for sale by auction and call for opening bids.
3 Manage auction to maintain flow.
  • 3.1 Monitor bids and maintain auction process to achieve reserve or best price for each lot, including bidding increments and maintaining bidding momentum.
  • 3.2 Manage bidding process, according to legislative requirements.
  • 3.3 Exercise trial close strategy for each lot.
4 Complete auction.
  • 4.1 Signify close of auction for each lot using appropriate methods.
  • 4.2 Knock down livestock lot to successful bidder once reserve price has been met and all other bids exhausted.
  • 4.3 Record sale details to maintain sales register and National Livestock Identification System (NLIS) details.
  • 4.4 Pass in livestock lot when reserve price is not met and all bids exhausted.
  • 4.5 Deliver records of auction transactions to agency to support timely preparation of financial records and completion of livestock sale.
  • 4.6 Obtain feedback on conduct and outcome of auction.
No information
No information
Replaces
State Code National Code Title Type
D1283 CPPDSM4039A Conduct livestock sale by auction Unit of competency
State Code National Code Title Type
BEH9 CPP41419 Certificate IV in Real Estate Practice Qualification