Learning Unit 1: Legislative & Regulatory Framework
Learning Unit 1 of the NQF 4 Qualification consists of:
Knowledge:
Fundamentals of the Macro Environment Impacting on the Property & Real Estate Sector.
Principles of Relevant Legislation & Contract Law.
Specific Contracts Relevant to Transactions.
Regulations Impacting Upon the Industry.
Practical:
Determine Current Property & Real Estate Trends Based on Industry Supply & Demand.
Apply Market Knowledge & Trends Analysis to Relevant Property & Real Estate Practices.
Adhere to Relevant Legal & Regulatory Requirements.
Establish Contracts Required for Various Property & Real Estate Transactions.
Identify & Explain the Legislation & Regulations Impacting the Industry.
Workplace:
Observe & Assist a Qualified Person with the Identification of the Property & Real Estate Environment, in Respect of Trends, Industry Supply & Demand & Market Knowledge.
Prepare & Complete Various Contracts Aligned to Legislative & Regulatory Requirements, Under the Supervision of a Qualified Person.
Apply Rules & Techniques to Interpret Appropriate Legislative Provisions Affecting Property & Real Estate Transactions
This Unit Standard comprises of 27 Credits.
Learning Unit 1.2: Literacy Fundamentals
Learning Unit 1.2 is a Fundamental Unit for anyone who did not complete Matric, or who completed Matric without two official South African Languages. Anyone who has done this is automatically exempt from this Unit Standard. This Unit Consists of:
English Literacy at NQF Level 3.
Afrikaans Literacy at NQF Level 3.
This Unit Standard comprises of 40 Credits.
Learning Unit 2: Ethical Business Practices
Learning Unit 2.1 consists of:
Knowledge:
Elements of Developing a Code of Ethics.
Concepts of a Code of Conduct.
Implications of a Code of Conduct Within the Industry.
Ethical Best Practices.
Application of the Code of Conduct
Practical:
Comply with Applicable Legislation & Regulations.
Maintain Ethical Property & Real Estate Practices Aligned with Regulatory Requirements & Industry Standards.
Apply the Code of Conduct.
Workplace:
Gather & Interpret Information Relating to the Code of Conduct.
Conduct all Property & Real Estate Matters in an Ethical Manner.
Follow the Code of Conduct Within the Property & Real Estate Context
This Unit Standard comprises of 31 Credits.
Learning Unit 2.2 is a Fundamental Unit for anyone who did not complete Matric, or who completed Matric without some form of Mathematics. Anyone who has done this is automatically exempt from this Unit Standard. This Unit Consists of:
Mathematical Literacy at NQF Level 3.
This Unit Standard comprises of 16 Credits.
Learning Unit 2.2: Numeracy Fundamentals
Learning Unit 3 consists of:
Knowledge:
Elements of Client Engagement in a Client-Centric Manner.
Concepts of Researching the Client Database in your Area.
Fundamentals of Verbal & Non-Verbal Communication.
Basic Principles of Negotiation.
Dynamics of Innovative Problem-Solving.
Principles of Conflict Resolution.
Practical:
Gain an In-Depth Understanding of Client’s Needs.
Develop Consultative Working Relationships with Clients.
Negotiate & Consult on Service Level Agreements/Contracts.
Evaluate, Update & Maintain Database Integrity.
Workplace:
Engage with Relevant Stakeholders.
Involve all Social Partners in Monitoring of Compliance.
Identify & Manage Areas of Customer Service Impact.
Identify Advocacy Opportunities in Property & Real Estate.
This Unit Standard comprises of 27 Credits.
Learning Unit 3: Developing Relationships
Learning Unit 4 consists of:
Knowledge:
Fundamentals of Personal Branding.
Elements of Professional Branding.
Dynamics of Performance Management.
Fundamentals of Time Management.
Practical:
Identify Strengths & Areas for Improvement to Define Personal Brand.
Obtain & Analyse Continuous Feedback from Clients, Service Providers, Peers & Other Stakeholders.
Implement Areas of Improvement & Innovation.
Measure Performance Against Previously Set Targets.
Analyse Time Management Practices.
Workplace:
Promote Sufficient Brand Reputation to Ensure Business Continuity.
Develop a Target Market to Ensure Sustainability.
Promote & Contribute to Training & Education Initiatives.
Develop Time Management Strategies.
This Unit Standard comprises of 15 Credits.
Learning Unit 4: Brand Reputation
Learning Unit 5 consists of:
Knowledge:
Elements of Marketing a Property & Real Estate.
Fundamentals of Buying & Selling Property & Real Estate.
Principles of Letting & Renting.
Concepts of Community Schemes Management.
The Importance of After-Sales Services.
Practical:
Market Property & Real Estate Within all Sectors.
Buy & Sell Property & Real Estate Within all Sectors.
Let & Rent Property & Real Estate Within all Sectors.
Manage Property & Real Estate Including Community Schemes.
Provide After Sales Services.
Workplace:
Identify & Analyse the Clients Buying & Selling Needs.
Identify & Analyse the Clients Letting & Renting Needs.
Prepare for the Marketing of Properties Under the Supervision of a Qualified Person.
Plan & Prepare for the Managing of Properties, Including Community Schemes.
Manage After-Sales Services.
This Unit Standard comprises of 31 credits.
Learning Unit 5: Property & Real Estate Services
Learning Unit 6 consists of:
Knowledge:
Principles of Budgeting.
Personal Financial Planning.
Concepts of Taxation.
Fundamentals of Business Planning.
Practical:
Manage Budget & Financial Controls.
Develop a Personal Financial Plan to Enhance Alignment of Business Objectives.
Review Taxation & The Impact on Personal Income & Real Estate Transactions.
Produce a Business Plan in an Area of Operation to Support a Property & Real Estate Business.
Workplace:
Establish Cycles Within the Property & Real Estate Industry.
Create a Personal & Business Budget.
Calculate the Taxation on a Property & Real Estate Transaction.
Draw up a Business Plan for an Area of Operation.
This Unit Standard comprises of 23 credits.