PURPOSE

The Estate Agency Affairs Board (EAAB) made it mandatory that all Interns must acquire a Full Qualification.

This qualification covers all the required ethical, management, marketing, financial skills, and legal aspects necessary to lease and market Real Estate in South Africa. This is the first step in fulfilling the EAAB’s legal requirements.

WHO SHOULD ENROLL?

An Intern that is required to become a Full Status Agent.

Any person interested in pursuing a career within the Real Estate industry.

HOW LONG DOES A DELEGATE HAVE TO COMPLETE THIS QUALIFICATION?

Two Years from the date that the Fidelity Fund Certificate (FFC) is issued.

SUBMISSION REQUIREMENTS TO ENROLL FOR THE PROFESSIONAL DEVELOPMENT EXAMINATION:

  • Valid FFC.
  • Services SETA NQF4 Certificate.

On acceptance of the points above by the EAAB, the portal will be opened for registration.

INTERNATIONAL COMPARABILITY

  • Zimbabwe
  • Namibia
  • Botswana
  • Zambia
  • New Zealand
  • Australia
  • USA
  • UK

TERMS AND CONDITIONS

  • No refund may be claimed if the delegate has accessed material and/or attended the 1st session.
  • Delegates may not transfer from one course start date to another.
  • Once registered the delegate may not transfer a course to another delegate to proceed with.

NQF Level 4 Course

NQF levels are intended to award registered learners with national accreditation based on their skills and knowledge. NQF 4 is equivalent to Grade 12 or Standard 10 (Matric), and is a FET – Further Education and Training – category qualification.

DOWNLOADABLE DOCUMENTS

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COURSE OVERVIEW

 

Compulsory Induction

Compulsory content prescribed by the EAAB provides an overview of the Real Estate sector, legislation, code of conduct, sales and marketing. This will provide you with a clearer understanding for the rest of the course.

Introduction

Overview of the assessment process & EAAB logbook requirements.

Learning Unit 1 – The Real Estate Platform

  • Demonstrate knowledge of and apply the Real Estate Code of Conduct and Ethics.
  • Demonstrate an understanding of the Real Estate environment.

Learning Unit 1.2 – Functional Communication

  • Interpret and use information from texts.
  • Interpret a variety of literary texts.
  • Write/present/sign for a wide range of contexts.
  • Accommodate audience and context needs in oral/signed communication.
  • Read/view/analyze and respond to a variety of texts.
  • Write/present/sign texts for a range of communicative contexts.
  • Engage in sustained oral/signed communication and evaluate spoken/signed communication.
  • Use the writing process to compose texts required in the business environment.

Learning Unit 2 – Real Estate Legislation

  • Demonstrate knowledge and understanding of the legislation applicable to Real Estate practice.
  • Demonstrate knowledge and understanding of the Financial Advisory and Intermediary Services Act 2002 (FAIS) (Act 37 of 2002) as it impacts on specific financial services subsector.
  • Explain South African money laundering legislation and the implications for accountable institutions in transacting with clients.

Learning Unit 2.1 – Functional Mathematics

  • Represent, analyze and calculate shape and motion in 2 and 3-dimensional space in different contexts.
  • Use mathematics to investigate and monitor the financial aspects of personal, business, national and international issues.
  • Apply knowledge of statistics and probability to critically interrogate and effectively communicate findings on life related problems.

Learning Unit 3 – Real Estate Practice

  • Market, sell and lease property.
  • Apply business principles to the Real Estate function.
  • Advise role players on Real Estate financing options.
  • Manage self-development in a Real Estate environment.
  • Demonstrate knowledge and understanding of a mortgage bond as a form of debt security.
  • Demonstrate knowledge and understanding of the bond registration process.
  • Manage administration records.
  • Develop, implement and evaluate a marketing strategy for a new venture.

Learning Unit 3.1 – Real Estate Practice Cont.

  • Market, sell and lease property.
  • Apply business principles to the Real Estate function.
  • Advise role players on Real Estate financing options.
  • Manage self-development in a Real Estate environment.
  • Demonstrate knowledge and understanding of a mortgage bond as a form of debt security.
  • Demonstrate knowledge and understanding of the bond registration process.
  • Manage administration records.
  • Develop, implement and evaluate a marketing strategy for a new venture.

COURSE FACTS:

Unit Standard 59097

NQF Level 4

153 Credits

  • Course duration – Three (3) Months
  • Online webinar / support sessions OR controlled classroom sessions. (On request)
  • Delegates submit a Portfolio of Evidence (PoE).
  • Accreditation Body – Services SETA.
  • Certificate & Statement of Results (SOR) issued by Services SETA.

REQUIREMENTS TO BECOME A FULL STATUS AGENT:

  • Twelve Month documented Logbook: Visit the EAAB Website for more details.
  • Services SETA NQF4 Certificate.
  • PDE

Visit the EAAB Website for more details on the above.

A Matric Certificate is not a pre-requisite to enroll for this Qualification. Bridging modules are available.

ASSESSMENT/MODERATION PROCESS

After enrolling the Facilitator will schedule the first Online Webinar Session with the Delegate.

There are set questions and assignments that are completed over the duration of the Qualification.

Delegates may be required to complete an additional Language and / or Mathematics Section within the PoE.

Delegates complete the PoE at their own time & pace.

 

Delegates are assessed by means of a Portfolio of Evidence (PoE) submitted to the Assessor.

A final assessment report is sent to the Delegate to declare Competency (C) or Not Yet Competent (NYC).

The report is signed off by the Delegate and returned.

The PoE is submitted to Head Office for Internal Moderation.

The Internal Moderator is brought in to Moderate 50% of all PoE’s submitted.

The Internal Moderator will uphold or overturn the Assessor’s decision.

 

Your PoE will then be submitted for External Moderation by Services SETA.

Services SETA confirms a Date & Time for the Moderation to proceed.

The External Moderator will uphold or overturn the Assessor / Internal Moderator’s decision.

A final report is submitted by the External Moderator to our office for signing off.

 

Once the signed document is received by Services SETA, the instruction is sent to the Certification Department to proceed with the printing for the Externally Moderated PoE’s Certificate & Statement of Results (SOR).

Electronic Certificate & SOR are emailed to our offices. These are emailed to each Delegates to upload to their EAAB profile.

 

As soon as the original Certificates and Statement of Results is received, they are couriered back to the Delegates address of choice at an additional courier fee. Alternatively, collection is made from our Head Office in Pretoria.

 

PoE’s not collected within 5 years are destroyed by a reputable shredding Company.

A certificate for the destruction is kept on file.

Course Curriculum

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