Unit of competency Outline

Date retreived
22/07/2026 6:59 AM AWST

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Plan for and complete sale of rural property by auction

Plan for and complete sale of rural property by auction

Unit of competency
National Code
CPPDSM4067A
State Code
D1309
TGA Status
Replaced
DTWD Status
Replaced
Current Release Number
1.00
Current Release Date
07/04/2011
State Implementation and Classification
Approved Date
15/09/2014
Field of Education
080599 - Sales And Marketing, N.e.c.
Original Release Date
15/09/2014
Nominal Hours
15
Description
This unit of competency specifies the outcomes required to plan for and complete the sale of rural property by auction. It includes preparing for the auction sale and completing the sale. The outcomes required to conduct an auction for the sale of rural property are addressed in CPPDSM4037A Conduct auction of rural property.The unit may form part of the licensing requirements for persons engaged in stock and station agency activities in those States and Territories where these are regulated activities.
Notes
Elements and Performance Criteria
1Prepare for auction sale.
  • 1.1 Agreement to auction rural property is obtained in line with agency practice and legislative requirements.1.2 Assisting professionals are instructed to prepare auction documentation in line with seller instructions, agency practice and legislative requirements.1.3 Assisting professionals are followed up in a timely manner to ensure that auction documentation is delivered prior to auction date.
  • 1.4 Auction details are established in line with agency practice.1.5 Staff and resource requirements for auction day are identified and booked in advance in line with agency practice.1.6 Property is inspected by auctioneer prior to auction in line with agency practice and legislative requirements.1.7 Auction day procedures, method of conduct of sale and the reserve price are discussed and confirmed in writing with seller prior to auction day.1.8 Marketing is monitored on a regular basis to establish its effectiveness.1.9 Enquiries from prospective buyers and other interested parties are addressed and where required copies of relevant documentation are provided.1.10 Offers from prospective buyers prior to auction are referred to seller in line with agency practice and legislative requirements.1.11 Order of auction is determined to permit preparation of catalogue in line with agency practice.
2Implement auction day procedures.
  • 2.1 Preparation of auction area, including deployment of staff, promotional materials and equipment is undertaken in line with agency practice.2.2 Auction documentation is prominently displayed in line with agency practice and relevant legislation.2.3 Property inspection is facilitated on auction day prior to the commencement of the auction, if applicable.2.4 Previously identified potential buyers are located in the audience to facilitate sale.2.5 Questions from interested parties are answered or referred to informed sources in line with agency practice.2.6 Auction day procedures are implemented in line with agency practice and legislative requirements.
3Complete sale of rural property.
  • 3.1 If property is sold, follow-up procedures are implemented in line with agency practice and legislative requirements.3.2 Sales documentation is accurately completed and deposits are taken in line with agency practice and legislative requirements.3.3 If property is passed in, follow-up procedures are implemented consistent with agency practice and legislative requirements.3.4 Accurate sales data is compiled that reflects auction outcomes for use in follow-up procedures.3.5 Appropriate records of attendance or interest are compiled to expand agency contact lists of potential clients identified through the auction process.3.6 Publication of auction results and post-auction information are 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.
Legislative requirements may include:
relevant federal and state or territory legislation and local government regulations related to:
animal health
anti-discrimination
anti-money laundering
aquaculture
auctions
consumer protection
crown land
environmental issues
EEO
financial probity
franchises and business structure
industrial relations
livestock
native title
OHS
privacy
rural property sales, leasing and management
taxation
water rights.
Assisting professionals may include:
auctioneers
conveyancers
solicitors.
Auction documentation may include:
contract
contract inclusions.
Auction details may include:
date
time
venue.
Staff may include:
agency support staff
auctioneer
licensed stock and station agents.
Auction day procedures may include:
advertising and marketing materials
auction documentation
channels of communication
deposits
managing the auction process
property inspection arrangements
roles and responsibilities of agency staff
security arrangements.
Preparation of auction area may include:
auction documentation
auction equipment, including:
audiovisual equipment
bell
display boards
flags
gavel
lectern
signs
stickers
distractions
hazards
marketing materials
security.
If property is sold, follow-up procedures may refer to:
buyer
losing bidder

other bidders
seller.
Sales documentation may include:
contract inclusions such as the pasturing of livestock, clearing of timber and verification of equipment specifications
contract of sale
declaration of selling agent
finance statement to purchaser
receipts for purchase money paid
special conditions may include insurance, natural increases, timber, crops, water licences, permissive occupancy, possession prior to completion or depasturing
vendor's statement.
If property is passed in, follow-up procedures 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 case study or practical demonstration of the procedures associated with planning for and completing the sale of a rural 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:
arranging publication of auction results and post-auction information in line with agency practice and legislative requirements
compiling accurate sales data for use in follow-up procedures
compiling records of attendance or interest in auction to expand agency contact lists of potential clients
finalising auction sale, including the completion of sales documentation and implementation of follow-up procedures if properties are sold or passed in
knowledge of auction marketing procedures, auction day procedures and auction process associated with the sale of rural property
knowledge of ethical standards, legislative and regulatory requirements and agency practices associated with the preparation for and conduct of 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, agency practice and legislative requirements
taking instructions on reserve price from seller in line with agency practice and legislative requirements
using effective communication and presentation techniques in conducting auctions.
Context of and specific resources for assessment
Resource implications for assessment include:
access to a registered provider of assessment services
access to suitable simulated or real opportunities and resources to demonstrate competence
assessment instruments that may include personal planner and assessment record book.
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
OAQ45 CPPREP4105 Sell property Unit of competency
State Code National Code Title Type
D223 CPP40407 Certificate IV in Property Services (Stock and Station Agency) Qualification