Unit of competency Outline
Date retreived
22/07/2026 3:27 PM AWST
22/07/2026 3:27 PM 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.
Prepare for auction and complete sale
Prepare for auction and complete sale
Unit of competency
National Code
CPPDSM4019A
CPPDSM4019A
State Code
D1264
D1264
TGA Status
Replaced
Replaced
DTWD Status
Transition (Replaced)
Transition (Replaced)
State Implementation and Classification
Approved Date
28/10/2008
Field of Education
080599 - Sales And Marketing, N.e.c.
Original Release Date
28/10/2008
Nominal Hours
15
Description
This unit of competency specifies the outcomes required to prepare for an auction and complete the sale of property. It includes implementing the auction marketing plan, preparing auction documentation, confirming the reserve price with the seller, planning and implementing auction day procedures, and completing follow-up procedures after auction sale. The outcomes required to conduct an auction are addressed in CPPDSM4004A Conduct auction.The unit may form part of the licensing requirements for persons engaged in real estate activities in those States and Territories where these are regulated activities.
Notes
Elements and Performance Criteria
1Implement auction marketing plan.
- 1.1 Agreement to auction is obtained from seller according to agency practice and legislative requirements.1.2 Auction marketing plan is confirmed with seller in line with agency practice, ethical standards and legislative requirements.1.3 Descriptions of property to be auctioned are prepared for use before and during auction.
- 1.4 Auction marketing plan, including inspections, open houses and relevant security arrangements, is implemented in line with agency practice, ethical standards and legislative requirements.1.5 Marketing is monitored on a regular basis to establish effectiveness of marketing plan.1.6 Enquiries from prospective buyers and other interested parties are addressed and where required copies of relevant documentation are provided.1.7 Offers from prospective buyers prior to auction are referred to owner in line with agency practice and legislative requirements.1.8 Regular reports on auction marketing are communicated to seller.
2Prepare auction documentation.
- 2.1 Purpose and content of auction documentation are explained to seller.2.2 Auction documentation is prepared in a manner consistent with seller instructions, marketing plan used to manage the auction program, agency practice, ethical standards and legislative requirements.2.3 Assisting professionals are followed up in a timely manner to ensure that auction documentation is completed prior to auction date.
3Plan auction day procedures.
- 3.1 Auction day procedures are confirmed with seller in line with agency practice, ethical standards and legislative requirements.3.2 Property is inspected by auctioneer prior to auction day according to agency practice and legislative requirements.3.3 Reserve price is confirmed with seller in line with agency practice, ethical standards and legislative requirements.3.4 Staff, equipment, promotional materials and other requirements for auction are identified and arrangements are made to ensure their availability on auction day.
4Implement auction day procedures.
- 4.1 Auction area is prepared, including deployment of staff, and promotional materials and equipment consistent with agency practice.4.2 Auction documentation is prominently displayed consistent with agency practice and relevant legislation.4.3 Property inspection is facilitated on auction day prior to the commencement of the auction.4.4 Questions from interested parties are answered or referred to informed sources in line with agency practice and ethical standards.4.5 Auction day procedures are implemented in line with agency practice and legislative requirements.
5Complete follow-up procedures after auction sale.
- 5.1 Follow-up procedures are implemented if property is sold in line with agency practice, ethical standards and legislative requirements.5.2 Sales documentation is accurately completed in line with agency practice and legislative requirements.5.3 Follow-up procedures are implemented if property is passed in consistent with agency practice, ethical standards and legislative requirements.5.4 Accurate sales data is compiled that reflects auction outcomes for use in follow-up procedures.5.5 Appropriate records of attendance or interest are compiled to expand agency contact lists of potential clients identified through the auction process.5.6 Publication of auction results and post-auction information is arranged in line with agency practice and legislative requirements.
RANGE STATEMENT
The range statement relates to the unit of competency as a whole. It allows for different work environments and situations that may affect performance. Bold italicised wording in the performance criteria is detailed below. Add any essential operating conditions that may be present with training and assessment depending on the work situation, needs of the candidate, accessibility of the item, and local industry and regional contexts.
Auction marketing plan may include:
advertising and promotional strategies, including:
brochures
displays
inspections
media
open days
signboards
auction day procedures
contact with prospective buyers
communicating with seller
post-listing conference.
Legislative requirements may include:
relevant federal, and state or territory legislation and local government regulations relating to:
auctions
anti-discrimination and equal employment opportunity
consumer protection, fair trading and trade practices
employment and industrial relations
financial services
OHS
privacy
property sales.
Auction documentation may include:
authorities
contracts
rules and conditions of auction
statutory and agency documentation.
Assisting professionals may include:
conveyancers
solicitors.
Auction day procedures may include:
advertising and marketing materials
auction documentation
channels of communication
managing the auction process
property inspection arrangements
security arrangements
roles and responsibilities of agency staff.
Prepare auction area may include:
auction documentation
auction equipment
distractions
hazards
marketing materials
security.
Legislative requirements may include:
advertising of auction results
post-auction information.
Follow-up procedures if property is sold may refer to:
losing bidder
other bidders
seller.
Sales documentation may include:
contract of sale or real estate
declaration of selling agent
finance statement to purchaser
receipts for purchase money paid
vendor's statement.
Follow-up procedures if property is passed in may refer to:
highest bidder
other bidders
seller.
Sales data may refer to:
collection techniques
reasons for collection
types of data.
Records of attendance or interest may refer to:
collection techniques
reasons for collection
types of data.
The range statement relates to the unit of competency as a whole. It allows for different work environments and situations that may affect performance. Bold italicised wording in the performance criteria is detailed below. Add any essential operating conditions that may be present with training and assessment depending on the work situation, needs of the candidate, accessibility of the item, and local industry and regional contexts.
Auction marketing plan may include:
advertising and promotional strategies, including:
brochures
displays
inspections
media
open days
signboards
auction day procedures
contact with prospective buyers
communicating with seller
post-listing conference.
Legislative requirements may include:
relevant federal, and state or territory legislation and local government regulations relating to:
auctions
anti-discrimination and equal employment opportunity
consumer protection, fair trading and trade practices
employment and industrial relations
financial services
OHS
privacy
property sales.
Auction documentation may include:
authorities
contracts
rules and conditions of auction
statutory and agency documentation.
Assisting professionals may include:
conveyancers
solicitors.
Auction day procedures may include:
advertising and marketing materials
auction documentation
channels of communication
managing the auction process
property inspection arrangements
security arrangements
roles and responsibilities of agency staff.
Prepare auction area may include:
auction documentation
auction equipment
distractions
hazards
marketing materials
security.
Legislative requirements may include:
advertising of auction results
post-auction information.
Follow-up procedures if property is sold may refer to:
losing bidder
other bidders
seller.
Sales documentation may include:
contract of sale or real estate
declaration of selling agent
finance statement to purchaser
receipts for purchase money paid
vendor's statement.
Follow-up procedures if property is passed in may refer to:
highest bidder
other bidders
seller.
Sales data may refer to:
collection techniques
reasons for collection
types of data.
Records of attendance or interest may refer to:
collection techniques
reasons for collection
types of data.
EVIDENCE GUIDE
The evidence guide provides advice on assessment and must be read in conjunction with the performance criteria, required skills and knowledge, the range statement and the Assessment Guidelines for this Training Package.
Overview of assessment
This unit of competency could be assessed through practical demonstration of preparing for and completing the sale of a property by auction. Targeted written (including alternative formats where necessary) or verbal questioning to assess the candidate's underpinning knowledge would provide additional supporting evidence of competence. The demonstration and questioning would include collecting evidence of the candidate's knowledge and application of ethical standards and relevant federal, and state or territory legislation and regulations. This assessment may be carried out in a simulated or workplace environment.
Critical aspects for assessment and evidence required to demonstrate competency in this unit
A person who demonstrates competency in this unit must be able to provide evidence of:
knowledge of auction marketing procedures
knowledge of ethical standards, legislative and regulatory requirements and agency practices associated with preparation for an auction
planning and implementing an auction marketing plan in line with agency practice and legislative requirements
planning and implementing auction day procedures in line with agency practice and legislative requirements
preparing auction documentation consistent with seller instructions, marketing plan used to manage the auction program, agency practice and legislative requirements
taking instructions on reserve price from seller in line with agency practice and legislative requirements.
Context of and specific resources for assessment
Resource implications for assessment include:
access to suitable simulated or real opportunities and resources to demonstrate competence
assessment instruments that may include personal planner and assessment record book
access to a registered provider of assessment services.
Where applicable, physical resources should include equipment modified for people with disabilities.
Access must be provided to appropriate learning and/or assessment support when required.
Assessment processes and techniques must be culturally appropriate, and appropriate to the language and literacy capacity of the candidate and the work being performed.
Validity and sufficiency of evidence require that:
competency will need to be demonstrated over a period of time reflecting the scope of the role and the practical requirements of the workplace
where the assessment is part of a structured learning experience the evidence collected must relate to a number of performances assessed at different points in time and separated by further learning and practice with a decision of competence only taken at the point when the assessor has complete confidence in the person's competence
all assessment that is part of a structured learning experience must include a combination of direct, indirect and supplementary evidence
where assessment is for the purpose of recognition (RCC/RPL), the evidence provided will need to be current and show that it represents competency demonstrated over a period of time
assessment can be through simulated project-based activity and must include evidence relating to each of the elements in this unit.
In all cases where practical assessment is used it will be combined with targeted questioning to assess the underpinning knowledge. Questioning will be undertaken in such a manner as is appropriate to the language and literacy levels of the candidate and any cultural issues that may affect responses to the questions, and will reflect the requirements of the competency and the work being performed.
The evidence guide provides advice on assessment and must be read in conjunction with the performance criteria, required skills and knowledge, the range statement and the Assessment Guidelines for this Training Package.
Overview of assessment
This unit of competency could be assessed through practical demonstration of preparing for and completing the sale of a property by auction. Targeted written (including alternative formats where necessary) or verbal questioning to assess the candidate's underpinning knowledge would provide additional supporting evidence of competence. The demonstration and questioning would include collecting evidence of the candidate's knowledge and application of ethical standards and relevant federal, and state or territory legislation and regulations. This assessment may be carried out in a simulated or workplace environment.
Critical aspects for assessment and evidence required to demonstrate competency in this unit
A person who demonstrates competency in this unit must be able to provide evidence of:
knowledge of auction marketing procedures
knowledge of ethical standards, legislative and regulatory requirements and agency practices associated with preparation for an auction
planning and implementing an auction marketing plan in line with agency practice and legislative requirements
planning and implementing auction day procedures in line with agency practice and legislative requirements
preparing auction documentation consistent with seller instructions, marketing plan used to manage the auction program, agency practice and legislative requirements
taking instructions on reserve price from seller in line with agency practice and legislative requirements.
Context of and specific resources for assessment
Resource implications for assessment include:
access to suitable simulated or real opportunities and resources to demonstrate competence
assessment instruments that may include personal planner and assessment record book
access to a registered provider of assessment services.
Where applicable, physical resources should include equipment modified for people with disabilities.
Access must be provided to appropriate learning and/or assessment support when required.
Assessment processes and techniques must be culturally appropriate, and appropriate to the language and literacy capacity of the candidate and the work being performed.
Validity and sufficiency of evidence require that:
competency will need to be demonstrated over a period of time reflecting the scope of the role and the practical requirements of the workplace
where the assessment is part of a structured learning experience the evidence collected must relate to a number of performances assessed at different points in time and separated by further learning and practice with a decision of competence only taken at the point when the assessor has complete confidence in the person's competence
all assessment that is part of a structured learning experience must include a combination of direct, indirect and supplementary evidence
where assessment is for the purpose of recognition (RCC/RPL), the evidence provided will need to be current and show that it represents competency demonstrated over a period of time
assessment can be through simulated project-based activity and must include evidence relating to each of the elements in this unit.
In all cases where practical assessment is used it will be combined with targeted questioning to assess the underpinning knowledge. Questioning will be undertaken in such a manner as is appropriate to the language and literacy levels of the candidate and any cultural issues that may affect responses to the questions, and will reflect the requirements of the competency and the work being performed.
Replaced By
| State Code | National Code | Title | Type |
|---|---|---|---|
| OAQ87 | CPPREP4162 | Conduct and complete sale by auction | Unit of competency |
| State Code | National Code | Title | Type |
|---|---|---|---|
| D222 | CPP40307 | Certificate IV in Property Services (Real Estate) | Qualification |