You (the learner) manage the sales process. Mr Smith is the owner of a shop that supplies spare parts for automobiles. Mr Smith is immigrating to some other country and wants to sell his business before moving. As a seller agent, you have been given a job to identify and resolve issues that may impact the successful conclusion of the sale by maintaining communication with the vendor throughout the sale process. Negotiate price, terms and conditions of sale of the business. Negotiate conflict or deadlocks and confirm terms with parties to the sale. Prepare and provide all the necessary sales documentation, including the disclosure document. Engage the legal advisor to ensure all times of the agreement are favourable. Monitor progress of contract and adherence to conditions of sale according to agency requirements. Evaluate vendor and buyer satisfaction to establish future business opportunities. Update databases to inform future prospecting activities. Submit a disclosure document and terms and conditions of sale in the written form, using the template below. Use this template to record details of the process. Learner Name Agency name Entry Real Estate Date 01/01/2023 Nature of business Shop supplying spare parts for automobiles Conflicts/Issues Conflict resolving methodology Market trends Communication techniques used to deal with deadlocks Disclosure Documentation Engagement of Legal Advisor Were any of the following undertaken? (If so, provide details) Disclosure documentation Engagement of legal advisor Did you monitor the progress of the contract? Did you access the documents required for business sales? Signing agency documents Communication with stakeholders Record-keeping of all the documents Analysis of market trends Signing agency documents Communication with stakeholders Record keeping of all the documents Analysis of market trends Did you update the agency data base? Provide details of the Disclosure Statement Conclusion/Outcomings of the sales process What recommendations would you make to your organisation to ensure future compliance and ethical operation? Recommendations: Your name Date Your Signature