186

JPG

School

TAFE Queensland *

*We aren’t endorsed by this school

Course

MKG414

Subject

Information Systems

Date

Nov 24, 2024

Type

JPG

Pages

1

Uploaded by DrHeatAnteater41

Report
When conducting an open house, there are many problems that can arise for the vendor, prospective buyers and the agent. Below, identify one (1) risk that may affect the vendors and propose a control measure to prevent this from happening. One risk that may affect vendors during an open house is theft of personal property. During an open house, vendors open their doors to the public, making their homes and personal belongings vulnerable to theft. This is a serious concern for many homeowners, who may have expensive jewelry, electronics, and other valuables in plain sight. To prevent this from happening, control measures can be implemented. First would be to request that all prospective buyers provide identification before entering the property, and keep a record of all attendees. By requiring identification from all prospective buyers and keeping a record of all attendees, vendors can ensure that any incidents of theft can be easily traced. This can provide valuable evidence if the police are involved. Next would be to ensure that all valuable items are removed or securely locked away. By removing valuable items from plain sight or locking them away, vendors can minimize the
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