This Qualification is for any individual who is, or wishes to be involved in the property and real estate industry. It serves to support and advance the functioning of individuals in this industry. This Qualification will be registered at NQF Level 5.

A learner can complete the Qualification with a specialisation in Property Management, Real Estate or Valuation. The core Unit Standards are relevant to each area of specialisation.

Learners working towards this Qualification will find that the acquisition of competence in the Unit Standards that comprise the Qualification will add value to their understanding of the sector and functioning in the workplace. This Qualification is intended to build on the skills gained in the level 4 Qualification. It will provide for consolidation of the broad knowledge, skills and values needed in the property and real estate industry.

The Qualification will facilitate access to, and mobility and progression within education and training and to progress along a learning path for learners who:

• Were previously disadvantaged or who were unable to complete their schooling and were therefore denied access to Further Education and Training.
• Have worked in real estate for many years, but have no formal Qualification in real estate or property.
• Wish to extend their range of skills and knowledge of the industry so that they can become competent workers in the property industry.

The Qualification consists of building blocks that can be developed further and will lead to a more specialised learning path in Property and Real Estate at higher NQF levels. It focuses on the skills, knowledge, values and attitudes required to progress further. The intention is:

• To promote the development of knowledge, skills and values that are required in property and real estate.
• To help learners realize their potential in the field.
• To provide opportunities for people to progress to levels of authority and confidence in the real estate industry.

Rationale

The National Certificate in Real Estate: NQF Level 5 is designed to meet the needs of those learners who are already involved in the field of Property and Real Estate and have gained the Qualification at level 4. These learners will be in a position now to consider practice in a supervisory / managerial career in the Property and Real Estate Industry. It is also for learners who wish to be employed in this industry. The Property and Real Estate Industry is a well-established industry and by its very nature a constant supply of customers is ensured. This means there is a need to develop career paths in this field, and it is an industry constantly in need of skilled people.

The Real Estate National Certificate at NQF Level 5 supports the objectives of the NQF in that it gives the learner access to a National Qualifications Framework register. It will therefore ensure that the quality of education and training is enhanced, and of a comparable standard to Qualifications in other sectors in South Africa, and comparable to similar Qualifications internationally.

The National Certificate in Real Estate: NQF Level 5 allows the learner to work towards a nationally recognised Qualification. The Qualification will allow both those in formal education and those already employed in organisations in the property and real estate industry access to a Qualification that can be used as a benchmark to gauge their competence against local and international standards.

LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING

The following is the learning assumed to be in place:

• Learners accessing this qualification, will have demonstrated achievement of outcomes in Property and Real Estate Qualification – National Certificate in Property Practice at NQF Level 4 or equivalent.
• Learners accessing this Qualification will have demonstrated achievement of outcomes in Language/communication and Mathematics/numeracy at NQF level 4 or equivalent.

Recognition of Prior Learning

The structure of this unit standard based Qualification makes the Recognition of Prior Learning possible, if the learner is able to demonstrate competence in the knowledge, skills, values and attitudes implicit in this Property Practice Qualification. Recognition of Prior Learning will be done by means of an Integrated Assessment as mentioned in the previous paragraph.

This Recognition of Prior Learning may allow for accelerated access to further learning. All recognition of Prior Learning is subject to quality assurance by the relevant accredited Education and Training Quality Assurance Body and is conducted by a registered workplace assessor.

RECOGNISE PREVIOUS LEARNING ?

Yes

QUALIFICATION RULES

The qualification consists of a Fundamental, a Core and an Elective Component totaling a minimum of 135 credits made up as follows:

Fundamental Component – All unit standards in the Fundamental Component totaling 23 credits are compulsory.

Core Component – All unit standards in the Core Component totaling 108 credits are compulsory.

Elective Component – The elective component consists of three specializations, Property Management, Real Estate and Valuation. Learners are to choose a specialization and complete unit standards to the value of at least 4 credits from those listed below for the specialization, to complete the qualification.

Property Management

ID 15057: Maintain and Control the use of asset and investment resources, Level 5, 6 credits.

ID 15056: Negotiate and manage resources for facilities management, Level 5, 4 credits

ID 15069: Manage the marketing, selling and leasing of commercial industrial business properties, Level 5, 12 credits.

ID 15060: Manage the marketing, selling and leasing of agricultural properties, Level 5, 12 credits.

ID 15074: Manage the marketing, selling and leasing of leisure properties, Level 5, 12 credits.

ID 15054: Manage the marketing, selling and leasing of residential properties, Level 5, 12 credits.

Real Estate

ID 15069: Manage the marketing, selling and leasing of commercial industrial business properties, Level 5, 12 credits.

ID 15060: Manage the marketing, selling and leasing of agricultural properties, Level 5, 12 credits.

ID 15074: Manage the marketing, selling and leasing of leisure properties, Level 5, 12 credits.

ID 15054: Manage the marketing, selling and leasing of residential properties, Level 5, 12 credits.

Valuation

ID 15336: Evaluate viability and performance of real estate portfolio, Level 5, 4 credits.

ID 15085: Perform valuations of agricultural properties used for extensive farming, Level 5, 12 credits.

ID 15078: Perform valuations of income producing properties, Level 5, 12 credits.

ID 15075: Perform valuations of vacant land, Level 5, 12 credits.

EXIT LEVEL OUTCOMES

On achieving this qualification, the learner will be able to:

• Co-ordinate and manage the human resources in a real estate business.
• Provide appropriate information for integrating marketing plans with business process.
• Prepare and maintain financial reports and records within a real estate environment.
• Analyse, interpret, implement and control real estate principles, systems and policies.

ASSOCIATED ASSESSMENT CRITERIA

Learners’ achievement of these outcomes should be demonstrated by their ability to:

• Collate, record and store Human resource data in accordance with requirements
• Identify and explain features of, and factors affecting markets.
• Apply and utilise various accounting techniques in the process of preparing reports and returns.
• Interpret property principles, methods and approaches and form the basis for processes utilised in real estate practice.

On achieving this qualification, the learner will be able to:

• Co-ordinate and manage the human resources in a real estate business.
• Provide appropriate information for integrating marketing plans with business process.
• Prepare and maintain financial reports and records within a real estate environment.
• Analyse, interpret, implement and control real estate principles, systems and policies.

Integrated Assessment

Because assessment practices must be open, transparent, fair, valid, and reliable and ensure that no learner is disadvantaged in any way whatsoever, an integrated assessment approach is incorporated into the qualification.

Learning, teaching and assessment are inextricably linked. Whenever possible, the assessment of knowledge, skills, attitudes and values shown in the Unit Standards should be integrated. Assessment of the communication, language, literacy and numeracy should be conducted in conjunction with other aspects and should use authentic Property and Real Estate contexts wherever possible.

A variety of methods must be used in assessment. Tools and activities must be appropriate to the context in which the learner is working. Where it is not possible to assess the learner in the workplace or on-the-job, simulations, case studies, role-plays and other similar techniques should be used to provide a context appropriate to the assessment.

The term ‘Integrated Assessment’ implies that theoretical and practical components should be assessed together. During integrated assessments the assessor should make use of formative and summative assessment methods and assess combinations of practical, applied, foundational and reflective competencies.

Assessors and moderators should make use of a range of formative and summative assessment methods. Assessors should assess and give credit for the evidence of learning that has already been acquired through formal, informal and non-formal learning and work experience.

Assessment should ensure that all specific outcomes, embedded knowledge and critical cross-field outcomes are evaluated. The assessment of the critical cross-field outcomes should be integrated with the assessment of specific outcomes and embedded knowledge.

INTERNATIONAL COMPARABILITY Benchmarking was done by comparison to Unit Standards / Outcomes of learning against:

• New Zealand Qualifications – ‘National Certificate in Real Estate with strands in Business Sales, Commercial / Industrial Sales, Residential Sales, Rural Sales, Commercial / Industrial Property Management, Residential Property Management. A National Certificate in Property Consultation and Valuation. A National Diploma in Real Estate.
• The SGB also compared the Unit Standards in this Qualification to New Zealand Unit Standards at levels 4, 5 and 6, viz. Demonstrate knowledge of property ownership and property titles, and carry out a title search (8); Obtain property information (8); Collate and record property information (10) and Inspect property, and prepare a site and floor plan (10).
• A direct comparison of the title, specific outcomes, assessment criteria and embedded knowledge was undertaken with each and the best practice points were highlighted and incorporated into each unit standard. However the points incorporated were written in a South African context.

Because of the difference in levels across the different countries, difficulty was found in making actual direct comparisons, level to level.

ARTICULATION OPTIONS The Qualification has possibilities of both horizontal and vertical articulation to the fields of human resources, marketing and finance as a result of its inclusion of Unit Standards from these fields in its core component of learning.

• An example of vertical articulation possibilities is the National Certificate in Financial Markets at NQF level 6.
• An example of horizontal articulation possibilities is the National Diploma in Marketing Management at NQF level 5.

MODERATION OPTIONS

• Anyone assessing a learner or moderating the assessment of a learner against this qualification must be registered as an assessor with the relevant Education and Training Quality Assurance (ETQA) Body.
• Any institution offering learning that will enable the achievement of this qualification must be accredited as a provider with the relevant ETQA.
• Assessment and moderation of assessment will be overseen by the relevant ETQA according to the ETQA’s policies and guidelines for assessment and moderation; in terms of agreements reached around assessment and moderation between ETQA’s (including professional bodies) and in terms of the moderation guideline detailed immediately below.
• Moderation must include both internal and external moderation of assessments at exit points of the qualification, unless ETQA policies specify otherwise. Moderation should also encompass achievement of the competence described both in individual Unit Standards as well as the integrated competence described in the Qualification.
• Anyone wishing to be assessed against this qualification may apply to be assessed by any assessment agency, assessor or provider institution that is accredited by the relevant ETQA.

CRITERIA FOR THE REGISTRATION OF ASSESSORS

For an applicant to register as an assessor, the applicant needs:

• A minimum of an NQF level 6 Qualification in this or a related sub-field.
• To meet the requirements of the National Assessor Unit Standards as stipulated by South African Qualifications Authority (SAQA).
• Detailed documentary proof of educational Qualification, practical training undergone, and experience gained by the applicant must be provided (Portfolio of evidence).

REREGISTRATION HISTORY

As per the SAQA Board decision/s at that time, this qualification was reregistered in 2012; 2015.