Who Is Authorised To List and Appraise A Property
Policy
This policy covers the personnel permitted to conduct sales appraisals and sales listings.
The law requires that only qualified people appraise and list property for sale. The company must assure the quality of its services by controlling the personnel who can offer this service.
Legal requirement
- Only a licensed agent’s representative under the Estate Agents Act may appraise and list properties for sale.
Company requirement
- Only a person whose job description includes ‘Sales Consultant’ may appraise and list properties for sale.
- Trainees may appraise and list properties under the supervision of a Sales Consultant. This supervision includes a review of all recommendations before they are presented to the client. (See Office commission calculation for this instance)