RPL Orientation Guide

RPL Orientation Guide 1

59097 FETC Real Estate Level 4©Services SETA



Table of Content

Contents Table of Content .......................................................................................................................... 2

Section A: Introduction ................................................................................................................ 5

1. About this RPL Orientation Guide ................................................................................................. 5

1.1 Why are we here? ................................................................................................................. 5

1.2 Entry Requirements .............................................................................................................. 7

1.2.1 Legal Requirements for RPL .......................................................................................... 7

1.2.2 Qualification Requirements for RPL ............................................................................ 10

1.2.3 Fundamental Literacy / Numeracy Requirements for RPL .......................................... 10

1.3 The RPL Process .................................................................................................................. 12

1.4 Assessment of your Portfolio .............................................................................................. 13

1.5 Appeals Procedure .............................................................................................................. 13

2. Portfolio Evidence ....................................................................................................................... 15

2.1 Portfolio of Evidence Requirements ............................................................................ 15

2.2 RPL Assessment Requirements ................................................................................... 17

Section B: Qualification Document ............................................................................................. 18

Section C: Assessment Strategy & Plan ....................................................................................... 30

1. Assessment Strategy ................................................................................................................... 30

2. Additional Assessment Conditions .............................................................................................. 40

2.1 Fundamental Unit Standards .............................................................................................. 40

2.2 Historical Evidence Locator ................................................................................................. 40

2.3 Critical Cross Field Outcomes - Evidence Locator ................................................................ 40

3. Evidence Requirements .............................................................................................................. 41

3.1 Knowledge and Practical Assignment ................................................................................. 41

3.2 Natural Occurring Workplace Evidence .............................................................................. 41

2.3 Reflection ............................................................................................................................ 43

Section D: Evidence Units ........................................................................................................... 44



1. ELO 1: Analyze, evaluate and apply the Real Estate Code of Conduct and Ethics. ...................... 44

1.1 Unit Standard Alignment – Real Estate Practice.................................................................. 44

1.2 Qualification Assessment Criteria ....................................................................................... 44

2. ELO 2: Demonstrate knowledge of the Real Estate environment and the various laws, rules and

regulations that impact on the Real Estate function........................................................................... 45

2.1 Unit Standard Alignment – Real Estate Legislation ............................................................. 45

2.2 Qualification Assessment Criteria ....................................................................................... 47

3. ELO 3: Perform the Real Estate function ..................................................................................... 47

3.1 Unit Standard Alignment ..................................................................................................... 47

3.1.1 Specialization – Real Estate Practice ........................................................................... 49

3.1.2 Specialization – Real Estate Valuation & Investment ................................................. 49

3.2 Evidence Requirements ...................................................................................................... 50

Section E: Conclusion ................................................................................................................. 52

1. Self Assessment .......................................................................................................................... 52

2. Conclusion................................................................................................................................... 54



Copy Right This document was created for Services SETA on behalf of the Real Estate Chamber. Services SETA holds copyright on this document and it may not be reproduced in any form without permission. However, the SAQA qualification outline and the unit standards are public property and Services SETA is the official certification body for the real estate qualification. Please contact Services SETA ETQA Department if you are in any doubt about what may or may not be copied and/or reproduced. This tool is only for use by registered assessors with the real estate qualification on their registered assessment scope.



Section A: Introduction

1. About this RPL Orientation Guide

Welcome to the Recognition of Prior Learning (RPL) process for the Further Education and Training

Certificate in Real Estate – this is an NQF registered qualification (SAQA Reg. No 59097) Level 4. This

Qualification is for any individual who is, or wishes to be involved in the property and real estate

industry, and it serves to support and advance the functioning of individuals in this industry.

The purpose of this RPL Portfolio guide is to provide the Learner, RPL Advisor and Assessor with

guidelines on the preparation and presentation of the RPL Portfolio of Evidence for assessment

purposes.

Tip: This RPL Portfolio Guide will enable the learner to plan, prepare, compile and present the evidence required of him/her to be declared competent against the unit standards contained in the qualification.

1.1 Why are we here?

With effect 15 July 2008, as per Regulations 633 of the Estate Agency Act of 1976, all estate agents

must complete an NQF qualification to be able to write their Estate Agents Board Examination in

order to work as an Estate Agent in South Africa.

Learner Note: The attainment of the Qualification represents the prerequisite for admission to the professional examination for estate agents, to be conducted by the Estate Agency Affairs Board, the successful completion of which will entitle the candidate to be registered as a non-principal estate agent by the Estate Agency Affairs Board.



1.2 Entry Requirements

1.2.1 Legal Requirements for RPL

Commentary on Legal Stuff: Regulations 663 of 4 June 2008 of the Estate Agency Affairs Act of 1976 stipulates the requirements for entry, remedial training and exemptions in Regulations 6 & &:

Recognition of prior learning1 6.(1) An estate agent who is already registered either as a non-principal estate agent or a principal estate agent, as at the effective date, will be required to undergo a process of Recognition of Prior Learning as contemplated in the NQF. (2) The process contemplated in sub-regulation (1). which includes the identification, assessment and acknowledgement of skills and knowledge that has been obtained by that estate agent, will:

(a) be undertaken within the context of the Further Education and Training Certificate: Real Estate (SAQA QUAL ID 59097) and the National Real Estate (SAQA QUAL ID 20188) referred to in regulations 4, whether such skills or knowledge have been obtained through:

(i) formal training and education; or (ii) informal or non-formal training and education, including on-the job training and life experience; and

(b) be completed on or before 31 December 2011 or within such extended period as the Board may, on reasonable grounds grant for this purpose.

Self Reflection:

• According to the above, who may register for RPL purposes?

• Which qualifications are prescribed by the Regulations?

• What prior learning is recognised by the Regulations?

1 Regulations 663 of 4 June 2008 of the Estate Agency Affairs Act of 1976, Regulation 6



Remedial Training2 7. (1) If after completion of the Recognition of Prior Learning process contemplated in Regulation

6(1), an estate agent fails to meet the required standard to be certified In respect of the educational requirement referred to in Regulation 4, the said estate agent will be given an additional period of 2 years from the date of completion of the Recognition of Prior Learning process to undergo any remedial training that may be required to be certificated in respect of the relevant qualification;

(2) The relevant SETA or any Recognition of Prior Learning Centre accredited by the Board must,

within 30 days of the registration of a candidate for the purpose of undergoing the Recognition of Prior Learning process, and in a manner and form determined by the Board, inform the Board of the registration of such candidate for assessment purposes to enable the Board to determine the educational status of such estate agent for the purpose of the issue by the Board of a full status fidelity Fund certificate to such candidate.

(3) Despite regulation 4(3), an estate agent who, on the effective date, is registered as either a

non-principal or principal estate agent will be exempted from the Professional Designation Examination referred to in regulation 4, if the said Estate Agent had continuously held a full status fidelity fund certificate, issued by the Board for a period of not less than 5 years.

(4) The Recognition of Prior Learning process contemplated in regulation 6(1) must be conducted

in accordance with the guidelines developed by the Board in accordance with the broad strategic guidelines captured in the Guideline Document published by SAQA in June 2004 under the title "Criteria and Guidelines for the Implementation of the Recognition of Prior Learning" (ISBN: 0-95 845 72-2-0);

(5) Credits towards the educational qualifications referred to in regulation 3 must be granted to

an estate agent whose knowledge and skills, after due assessment in accordance with the prescribed NQF procedures, matches the learning outcomes of either of the educational qualifications referred to in regulation 4.

Self Reflection:

• According to the above, what will happen if you do not meet all the RPL requirements?

• Who is exempted from the PDE (Professional Designation Examination)?

• Is anyone exempted from the requirement to obtain the FETC 59097 Real Estate Level 4 Qualification?

2 Regulations 663 of 4 June 2008 of the Estate Agency Affairs Act of 1976, Regulation 7



1.2.2 Qualification Requirements for RPL

Commentary on Legal Stuff: The SQA Qualifications document for 59097 FETC Real Estate stipulates the requirements for learning assumed to be in place, and must be read in conjunction with the industry standards that must be adhered to:

The following serves as entry requirements to qualify as an RPL candidate for the Further Education

and Training Certificate in Real Estate (SAQA Reg. No 59097) Level 4:

Educational Entry Requirements Industry Entry Requirements

Communication and Mathematical Literacy at the level of NQF Level 3 or equivalent.

In possession a legal South African ID Document or passport

Access to this Qualification is open, but it is preferable, however, for the learner to be in possession of a Senior Certificate.

Currently employed / active in the Real Estate environment as a Real Estate Agent or Real Estate Principal Agent

In possession of a current Fidelity Certificate from the REAAB.

Self Reflection:

• According to the above, what industry requirements do you need to access the RPL process – and do you match these requirements?

• Which educational requirements must you have – and do you match these requirements?

1.2.3 Fundamental Literacy / Numeracy Requirements for RPL

Candidate Note: It is acknowledged that many of the agents will have come from different backgrounds, and with different scholastic achievements already in place – it is therefore appropriate that prior scholastic qualifications be recognised.

CAT CAT is the acronym for “Credit Accumulation Transfer”, and is based in a model developed by SAQA that will be used to determine whether CAT (Credit Award



Transfer) will be implemented to recognise school / FET qualifications and sector qualifications.



The following is the model proposed by SAQA:

National Qualification Literacy / Communication

Numeracy / Mathematics 2nd Language

Level 3 Level 4 Level 3 Level 4

Grade 12 with Mathematics Yes Yes Yes Yes Yes

Grade 12 without Mathematics Yes Yes No No Yes

Grade 11 with Mathematics Yes No Yes No Yes

Grade 11 without Mathematics Yes No No No Yes

Grade 10 with Mathematics No No No No No

Grade 10 without Mathematics No No No No No

Grade 9 No No No No No

Tip: Learners will therefore be able to receive credits towards all or portions of the fundamental unit standards, depending on the scholastic match they have to the proposed model above. In addition, fundamentals are assessed as embedded components of the exit level outcomes, and will not be assessed separately.

1.3 The RPL Process

The RPL Process is as follows:

Tip: The new legislation has already established a need to fast track current Real Estate Agents towards attaining the NQF level 4 qualification through a stream lined RPL process. The Level 4 real Estate Qualification has been developed as a one year training programme for new candidate agents entering real estate as a career, and

1.

Needs Analysis

2.

Design and development

3.

RPL PLanninng and

Preparation

4.

RPL Assessment

5.

Process Closure



an RPL process and evidence requirements have been designed for existing real estate agents who meet the entry requirements as stated above.

In this section we will concentrate on steps 3 – 5 of the RPL process that applies to the RPL candidate.

1.4 Assessment of your Portfolio

Within three months of submitting your portfolio:

• The assessor will verify the evidence presented

• The assessor may contact you to ask for further evidence, to clarify anything and/or to conduct an oral assessment

• The assessor will provide a written assessor report to the provider

• The assessment results will be moderated

• If assessed as competent, you will be issued with the credits applicable to this learning unit against the unit standards of the programme.

• If assessed as not yet competent, you will receive detailed guidance on what you need to be before you can be assessed as competent.

1.5 Appeals Procedure

In order to conduct the NQF system in an equitable & transparent manner, it is important that there

is a mechanism by which a learner can appeal against the assessment conducted by the person who

has been given the task of assessing him / her.

Process Closure

Moderation Achievements Upload Certification

Assessment

Review Evidence Additional Evidence Required Judgement and Feedback

Evidence Preparation

Evience Collection Portfolio Preparation & Submission

Candidate Preparation

Briefing Workshop Evidence Plan & Preparation

RPL Application

Candidate Application Candidate Screening & Enrollment



A learner may appeal against an assessment decision if he / she feels that the assessment was not

i. Valid ii. Fair

iii. Reliable iv. Practicable

The assessor is required to advise the candidate of the required appeals process to follow:

1. Attempt to resolve dispute with assessor 2. Submit formal request for dispute resolution to provider ’s Moderator 3. The Moderator will meet with the candidate to discuss and agree on a possible

resolution (appoint different assessor to re-assess, appoint moderator to moderate the assessment, submit additional information for assessment)

4. If, after a second assessment and moderation, the candidate is still dissatisfied, he / she may fill in the Appeal Form and submit to the Moderator.

5. The Moderator will appoint an Appeals Committee within the organization to review the appeal, during which both learner and assessor will have the opportunity of stating their case to the Appeals Committee.

6. The Appeals Committee will make a decision of upholding or overthrowing the appeal, and communicate the decision to all relevant parties.

Tip: Should the candidate still not be satisfied with the outcome, he may approach the organization for further information on possible alternative actions to resolve the matter, or lodging an appeal with the relevant ETQA

The decision of the ETQA will be final and binding on all parties.

2. Portfolio Evidence

2.1 Portfolio of Evidence Requirements

“Good” evidence is, as per the SAQA requirements:

• Valid (related to what is being assessed)

• Current (as recent as possible)

• Sufficient (enough evidence to prove the competence without “overkill”)

• Authentic (conducted by the candidate him/herself, in a real-life work environment, or acceptably simulated environment).



The RPL Portfolio of Evidence for 59097 NC in Real Estate consists of various sections.

Section A Index

Section B Personal Details

Section C Evidence Unit 1

Section D Evidence Unit 2

Section E Evidence Unit 3

Section F Evidence Locator Grid

Section G Portfolio Review

Evidence Requirements Each unit of evidence contains several assessment activities - you will be required to complete all 5 areas of evidence per evidence cluster:

▪ Knowledge Assignment ▪ Practical Assignment ▪ Natural Occurring Workplace Evidence ▪ Self Reflection on prior industry experience and exposure ▪ Additional Historical Evidence

Tip: Get a lever arch file and place 8 file divisions into it. We suggest that your portfolio is organized into 8 sections. No section may be left out – please make use of the templates and checklists provided to ensure your Portfolio of Evidence is complete! Refer to the last section of this Portfolio Guide for administrative documents that must be included in your Portfolio of Evidence. Refer to the Portfolio Checklists to assist you in structuring your portfolios in an “assessment friendly” manner.



2.2 RPL Assessment Requirements

The process of RPL requires the candidate to produce a balance between current and historical

naturally occurring evidence as proof of ability to apply the skill and knowledge that the candidate

has obtained through various media of learning.

The RPL process also requires the candidate to reflect on the learning and application that has

ensued and assesses the candidate’s level of in-depth understanding and knowledge of the subject

matter.

Self Assessment Review the assessment strategy provided in Section C – it will provide you with sufficient evidence against this module of the qualification, and prepare you for the FSA (Final Summative Assessment)



Section B: Qualification Document

SOUTH AFRICAN QUALIFICATIONS AUTHORITY

REGISTERED QUALIFICATION:

Further Education and Training Certificate: Real Estate

SAQA QUAL ID QUALIFICATION TITLE

59097 Further Education and Training Certificate: Real Estate

ORIGINATOR REGISTERING PROVIDER

SGB Real Estate

QUALITY ASSURING ETQA

SERVICES - Services Sector Education and Training Authority

QUALIFICATION TYPE FIELD SUBFIELD

Further Ed and Training

Cert

Field 11 - Services Cleaning, Domestic, Hiring, Property and Rescue

Services

ABET BAND MINIMUM CREDITS NQF LEVEL QUAL CLASS

Undefined 150 Level 4 Regular-Unit Stds Based

REGISTRATION STATUS SAQA DECISION

NUMBER

REGISTRATION START

DATE

REGISTRATION END

DATE

Registered SAQA 0474/07 2007-11-28 2010-11-28

LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT

2011-11-28 2014-11-28

This qualification replaces:

Qual ID Qualification Title NQF Level Min Credits Replacement Status

24454 Further Education and Training Certificate: Real Estate Level 4 157 Complete



PURPOSE AND RATIONALE OF THE QUALIFICATION

Purpose:

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 individual in this industry. The attainment of the Qualification represents the

prerequisite for admission to the professional examination for estate agents, to be conducted by the Estate Agency Affairs

Board, the successful completion of which will entitle the candidate to be registered as a non-principal estate agent by the

Estate Agency Affairs Board.

A learner will be able to complete the Qualification with a specialization in Real Estate or Valuation. The core unit

standards are relevant to each area of specialization.

Learners working towards this Qualification will find that the acquisition of competence in the Unit Standards that make up

the Qualification will add value to their understanding of the sector and functioning in the workplace. This Qualification is

intended to enhance the provision of entry-level service within the Property and Real Estate sector. It will provide the

broad knowledge, skills and values needed in the Property and Real Estate sector.

The Qualification will facilitate access to, mobility within and progression 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 specialized 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 responsibility in the Real Estate sector.

Successful learners will be able to apply to the Estate Agency Affairs Board for registration as non-principal estate agents.

Rationale:

The Real Estate industry is a multi-million rand sector which requires professionals who are well-trained and

knowledgeable to meet the housing needs of private citizens and the business community by providing office space and

business premises. A wide range of legislation applies to this sector and employees/agents need to understand the

relevant legislation and be able to apply it in their execution of their work. This qualification strives to equip the learners to

be able to operate effectively and efficiently in the Real Estate sector.

The Further Education and Training Certificate: Real Estate is designed to provide those learners who are already involved

in the field of Property and Real Estate. It is also for learners who wish to seek a career in this industry. The Property and

Real Estate Industry is a well-established industry and thus has many learners that would benefit from qualifications

aligned to career paths. This means there is a need to develop career paths in this sub-field, an industry constantly in need

of skilled people. The scope of Real Estate is changing and evolving all the time, with opportunities for learners in this

arena to get involved in a wide variety of Real Estate opportunities such as real estate sales, brokerage and leasing,



property management, institutional real estate investment, real estate consulting, real estate development.

The Further Education and Training Certificate: Real Estate supports the objectives of the NQF in that it gives the learner

access to a Qualification registered on the National Qualifications Framework. It will therefore ensure that the quality of

education and training in the industry is enhanced, and of a comparable standard to Qualifications in other sectors in South

Africa and comparable to similar Qualifications internationally.

LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING

The following is the learning assumed to be in place:

• Communication and Mathematical Literacy at the level of NQF Level 3 or equivalent.

Recognition of Prior Learning:

The structure of this Unit Standard based Qualification makes the Recognition of Prior Learning possible. Learner and

Assessor will jointly decide on methods to determine prior learning and competence in the knowledge, skills, values and

attitudes implicit in the Qualification and the associated Unit Standards. 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 at this or higher levels on the NQF.

• Gaining of credits towards a Unit Standard in this Qualification.

• Obtaining this Qualification in whole or in part.

All recognition of Prior Learning is subject to quality assurance by the relevant ETQA or an ETQA that has a Memorandum

of Understanding with the relevant ETQA.

Access to the Qualification:

Access to this Qualification is open, bearing in mind the Learning Assumed to be in Place itemized below. It is preferable,

however, for the learner to be in possession of a Senior Certificate.

QUALIFICATION RULES

Level, Credits and Learning Components assigned to The Qualification.

The Certificate is made up of a planned combination of learning outcomes that have a defined purpose and will provide

qualifying learners with applied competence and a basis for further training.

The Qualification is made up of Unit Standards classified as Fundamental, Core and Elective. A minimum of one hundred

and fifty (150) credits is required to complete the Qualification.

In this Qualification the credits are allocated as follows:

• Fundamental: 56 credits.

• Core: 73 credits.

• Electives: 21 credits.



EXIT LEVEL OUTCOMES

1. Analyze, evaluate and apply the Real Estate Code of Conduct and Ethics. 2. Demonstrate knowledge of the Real Estate environment and the various laws, rules and regulations that impact on

the Real Estate function. 3. Perform the Real Estate function.

ASSOCIATED ASSESSMENT CRITERIA

Associated Assessment Criteria for Exit Level Outcome 1:

1.1 The factors that influence the development of a code of ethics are described with examples.

1.2 The contents of the Real Estate Code of Conduct are explained with reference to own work context.

1.3 The implications of the Real Estate Code of Conduct are explained in the context of a Real Estate organization.

1.4 The Code of Conduct is related to ethical values and standards within own organization and by referring to ethical best

practices.

1.5 The Real Estate Code of Conduct and ethics is applied in own work context.


2.1 The various environments that impact on the Real Estate function are explained in relation to how they impact the

success of Real Estate transactions.

2.2 The various laws, rules, regulations and Codes of Conduct that affect Real Estate are explained with examples and in

relation to matters of compliance.

2.3 The money laundering legislation and the implications in Real Estate transactions are explained with examples.

2.4 A basic knowledge of FAIS (Financial Advisory and Intermediary Services Act) is explained in relation to how it impacts

on the Real Estate sector.


3.1 The concept of self-development is explained in the context of the Real Estate environment and the necessary self-

development goals defined and implemented in own work context.

3.2 The principles of financial planning are applied to the Real Estate function.

3.3 Business principles are applied to Real Estate function.

3.4 Property is marketed, sold and/or leased to achieve personal business targets.

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 municipal financial management contexts wherever possible.

A variety of methods must be used in assessment and 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:

• SADC countries including Zimbabwe, Namibia, Botswana and Zambia.

• New Zealand.

• Australia.

• United States of America.

• United Kingdom.

SADC Qualifications:

It is difficult to ascertain any specific qualifications offered in these countries. A recent study was undertaken to compare

South Africa`s Real Estate Code of Conduct and legislation to international and SADC (the mentioned countries) legislation

and in reference to the SADC regions, it would seem that only Botswana has recently upgraded its laws in respect of Real

Estate Practices and compares similarly in respect of its overall practices to South Africa.

The Estate Agent profession (from research conducted via the internet) does not appear to be formally regulated in

Botswana, Zimbabwe, Zambia, Lesotho, Malawi, Mozambique, or SADC or Africa (generally), Estate Agents operating in

these areas generally are international franchise operations or utilize generic sales skills or UK qualifications. The

programmes that they can access from the United Kingdom are listed further on this international comparability study.

However, further investigation reveals the following in respect of qualifications offered by these countries:

Zimbabwe:

Whilst there is Real Estate Institute in Zimbabwe, there are no links to any educational sites. It would seem that it is simply

a membership body and it seeks to ensure the acquisition of knowledge in:

• Auctioneering.

• Estate Agency and Valuation.

No specific courses were listed.



Namibia:

Namibia has a National Property Academy that offers training programmes and qualifications in Real Estate. However, the

site could not be accessed so it is unclear what programmes it offers and therefore not possible to do a comparison. It

should be noted, however, that the Institute of Estate Agents Namibia clearly does have a training focus and does its

training through the National Property Academy. Institute of Estate Agents Namibia can be found on the web at

http://www.iean.cc/index.php . Training is only performed on an ad-hoc basis and no specific qualifications geared to

estate agents exist in Namibia nor could any plans for qualifications geared for that profession be sourced. An email

request was sent to the National Property Academy for a list of its ad hoc programmes but the list still had not been

provided at the time this gazette document was completed.

The University of Namibia does not seem to offer any specific courses in Real Estate or Property Management. It would

seem that these may be addressed as part of more generic programmes. The following generic programmes were listed as

part of their Business Administration Programme:

• Entrepreneurial studies.

• Marketing practices.

• Management in private and public sector.

• Careers in business and commerce.

These seem to be the only likely courses where the learning arena for a Real Estate Practitioner could be explored,

obviously in terms of the generic principles of entrepreneurship, management studies etc.

New Zealand Qualifications:

The following similar qualifications are offered in New Zealand:

• 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.

A comparison of this Qualification to New Zealand Unit Standards at Levels 4, 5 and 6 indicate that they cover the following

areas:

• Demonstrate knowledge of property ownership and property titles, and carry out a title search.

• Obtain property information.

• Collate and record property information.

• Inspect property.

• Prepare a site and floor plan.

The subject areas offered are similar to the NQF Level 4 FETC in Real Estate for the South African context although

structured differently. In fact, the SA qualification seems to compare more favourably in its structure and focus on the Real

Estate function but does exclude items such as `Prepare a site and floor plan`.

Australian Qualifications:

The University of New England (in Australia) through a separate company called UNE Partnerships provides real estate

training at a professional level. Their Certificate III in Property (Real Estate)(PRD30101) This course is designed for those

who are currently employed, or who wish to be employed in a real estate function in the industry.



The Course is unit standards based and the exit level outcomes (with associated Units) covers:

• The Real Estate Environment (Maintain agency: client relationship, Respond to property enquiry).

• Support Tasks in the Real Estate Office (Coordinate property inspection, Perform and record property management

activities and transactions, Maintain key register).

• Communication in the Real Estate Office (Communicate effectively and accurately with clients, Organize personal work

priorities and development, Administration of the Real Estate Office, Maintain equipment and facilities, Use business

technology, Produce business documents, Use and maintain a property information database).

• Marketing in the Real Estate Office (Process marketing material).

The Australian qualification is comparable with regard to Support Tasks in the Real Estate office (administration),

marketing, self-management and development and producing business documents. The emphasis on the Real Estate

environment seems to differ, where the SA qualification takes a broader view on role-players and the different

environments that impact the Real Estate function.

United States of America Qualifications:

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.

The United Kingdom Qualifications:

In the UK itself there are some courses that relate directly the estate agents profession-such as selling real estate and Real

Estate Financing (Mortgage finance for Mortgage brokers). However much of the training relevant to estate agents comes

from courses in finance, business administration, statistics, economics and law. For those who intend to start their own

estate agency, business courses such as marketing and accounting are as important as those in property or finance.

In the UK vocational qualifications form part of CeMAP (visit them at http://www.cemap-

training.org.uk/tcsrc=www.training-classes.com ) To attain the Certificate in Mortgage Advice and Practice (CeMAP)

qualification, you must achieve examination passes in each of the three CeMAP modules, namely:

• CeMAP Module 1: UK Financial Regulation.

• CeMAP Module 2: Mortgages.

• CeMAP Module 3: An assessment of mortgage advice knowledge.

The National Association of Estate Agents in the United Kingdom refers to various qualifications that are also part of the

qualifications framework.

Naea Technical Award Sale of Residential Property:

The NAEA Technical Award in Sale of Residential Property is a nationally recognised qualification awarded by the

Examinations Board of the National Association of Estate Agents.

Available to both members and non-members of the NAEA, the NAEA Technical Award is a qualification which shows that

you have the knowledge to undertake your job successfully.



The NAEA Technical Award is a Level 3 qualification within the National Qualifications Framework. This means it is broadly

equivalent to an A-Level standard. The qualification is assessed by means of multiple-choice examination papers. It is open

to anyone to take, regardless of their experience in agency. You do not need any previous qualifications, just a good basic

standard of English and numeracy and of course the relevant knowledge of your chosen subject.

The qualification syllabus is divided into four Units as follows:

Sale of Residential Property:

• Unit 1: Health and Safety, Security and General Law.

• Unit 2: Law Relating to Residential Property Sales.

• Unit 3: Practice Relating to Residential Property Sales.

• Unit 4: Property Appraisal and Basic Building Construction.

Summary:

From an African perspective, it is evident that South Africa is pioneering a road of qualifications and unit standards for the

Real Estate environment. The South African qualification is comparable to those identified internationally. However, some

of the more complex unit standards would be more comparable to an NQF Level 5 qualification and it seems as though

South Africa, through this Level 4 qualification, has more to offer in respect of a hands-on practical Real Estate

qualification.

ARTICULATION OPTIONS

This Qualification articulates horizontally with the following Qualifications:

• ID 57712: Further Education and Training Certificate: Generic Management, NQF Level 4.

• ID 23953: Further Education and Training Certificate: New Venture Creation, NQF Level 4.

• ID 49129: Further Education and Training Certificate: Management and Administration, NQF Level 4.

• ID 49021: Further Education and Training Certificate: Debt Recovery, NQF Level 4.

• ID 35928: Further Education and Training Certificate: Business Administration Services, NQF Level 4.

Vertical articulation is possible with the following Qualifications:

• ID 15536: National Diploma Conveyancing Secretary, Level 5.

• Certificate Office Administration, Level 5.

• ID 49126: National Certificate Management and Administration, Level 5.

• ID 58341: National Diploma Business Management, Level 5.

• ID 20188: National Certificate Real Estate, 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, Training, Quality, Assurance (ETQA) Body, or with an ETQA that has a Memorandum

of Understanding with the relevant ETQA.

• Any institution offering learning that will enable the achievement of this Qualification must be accredited as a provider

with the relevant Education, Training, Quality, Assurance (ETQA) Body, or with an ETQA that has a Memorandum of



Understanding with the ETQA.

• Assessment and moderation of assessment will be overseen by the relevant Education, Training, Quality, Assurance

(ETQA) Body, or by an ETQA that has a Memorandum of Understanding with the ETQA, according to the ETQA`s policies

and guidelines for assessment and moderation.

• 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:

• To be declared competent in all the outcomes of the National Assessor Unit Standards as stipulated by South African

Qualifications Authority (SAQA).

• To be in possession of a Qualification in Real Estate at NQF Level 5 or for any of the general unit standards at an NQF

Level 5 or higher in the related learning field.

• Have a minimum of three years practical and relevant occupational experience.

NOTES

This qualification replaces qualification 24454, "Further Education and Training Certificate: Real Estate", Level 4, 157

credits.

N/A

UNIT STANDARDS:

TYPE ID UNIT STANDARD TITLE LEVEL CREDITS

Core 246734 Advise role players on Real Estate financing options Level 4 6

Core 246738 Apply business principles to the Real Estate function Level 4 8

Core 246735 Demonstrate an understanding of the Real Estate environment Level 4 8

Core 242584

Demonstrate knowledge and understanding of the Financial

Advisory and Intermediary Services Act 2002 (FAIS) (Act 37 of

2002) as it impacts on a specific financial services sub-sector

Level 4 2

Core 246733 Demonstrate knowledge and understanding of the legislation

applicable to real estate practice Level 4 12

Core 242593

Explain South African money laundering legislation and the

implications for accountable institutions in transacting with

clients

Level 4 3

Core 246739 Manage self-development in a Real Estate environment Level 4 8

Core 246736 Market, sell and lease property Level 4 20

http://regqs.saqa.org.za/showUnitStandard.php?id=246734










TYPE ID UNIT STANDARD TITLE LEVEL CREDITS

Core 246737 Demonstrate knowledge of and apply the Real Estate Code of

Conduct and ethics Level 5 6

Fundamental 119472 Accommodate audience and context needs in oral/signed

communication Level 3 5

Fundamental 119466 Interpret a variety of literary texts Level 3 5

Fundamental 119457 Interpret and use information from texts Level 3 5

Fundamental 119465 Write/present/sign texts for a range of communicative

contexts Level 3 5

Fundamental 9015

Apply knowledge of statistics and probability to critically

interrogate and effectively communicate findings on life

related problems

Level 4 6

Fundamental 119462 Engage in sustained oral/signed communication and evaluate

spoken/signed texts Level 4 5

Fundamental 119469 Read/view, analyze and respond to a variety of texts Level 4 5

Fundamental 9016 Represent analyze and calculate shape and motion in 2-and 3-

dimensional space in different contexts Level 4 4

Fundamental 7468 Use mathematics to investigate and monitor the financial

aspects of personal, business, national and international issues Level 4 6

Fundamental 12153 Use the writing process to compose texts required in the

business environment Level 4 5

Fundamental 119459 Write/present/sign for a wide range of contexts Level 4 5

Elective 13418 Demonstrate knowledge and understanding of a mortgage

bond as a form of debt security Level 4 6

Elective 12181 Demonstrate knowledge and understanding of basic

investment techniques Level 4 2

Elective 13420 Demonstrate knowledge and understanding of the bond

registration process Level 4 6

Elective 110003 Develop administrative procedures in a selected organization Level 4 8

Elective 114583 Develop, implement and evaluate a marketing strategy for a

new venture Level 4 8

Elective 242822 Employ a systematic approach to achieving objectives Level 4 10

Elective 110000 Generate information and reports for internal and external use Level 4 10

Elective 15089 Identify and apply property, asset and investment management

principles Level 4 5

Elective 15059 Identify and co-ordinate facilities management opportunities Level 4 5

Elective 110009 Manage administration records Level 4 4

Elective 242819 Motivate and Build a Team Level 4 10

Elective 114596 Research the viability of new venture ideas/opportunities Level 4 5



























Section C: Assessment Strategy & Plan

1. Assessment Strategy

The following assessment strategy is applicable to this qualification for RPL Purposes:

ELO 1: Analyze, evaluate and apply the Real Estate Code of Conduct and Ethics

Qualification Assessment Criteria

NLRD Unit Standard

Outcomes

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247635

Demonstrate an understanding of the real estate environment

1. Describe the demographic environment affecting Real Estate 2. Describe the overall economic environment affecting Real Estate

246737

Demonstrate knowledge of and apply the Real Estate Code of Conduct and ethics

1. Describe the factors that influence the development of a code of ethics

9015

Apply knowledge of statistics and probability to critically interrogate and effectively communicate findings on life related problems

1. Critique and use techniques for collecting, organising and representing data 2. Use theoretical and experimental probability to develop models 3. Critically interrogate and use probability and statistical models

1.2 The contents of the Real Estate Code of Conduct are explained

247635


2. Explain the contents of the Real Estate Code of Conduct



Qualification Assessment

Criteria

NLRD Unit Standard

Outcomes

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with reference to own work context.

119457

Interpret and use information from texts

1. Use a range of reading and/or viewing strategies to understand the literal meaning of specific texts

1.3 The implications of the Real Estate Code of Conduct are explained in the context of a Real Estate organization. 1.4 The Code of Conduct is related to ethical values and standards within own organization and by referring to ethical best practices.

247635


3. Describe the legal/regulatory environments that impact on the Real Estate Function 4. Identify the various stakeholders that operate within the Real Estate environment in relation to the role they fulfil.

246737


3. Explain the implications of the Real Estate Code of Conduct for a Real Estate organization

119457

Interpret and use information from texts

2. Identify and explain the values, attitudes and assumptions in texts 3. Evaluate the effects of content, language and style on readers`/viewers` responses in specific texts.


246737


4. Relate Real Estate Code of Conduct to ethical values and standards within own organisation and discuss ethical best practices



2. Demonstrate knowledge of the Real Estate environment and the various laws, rules and

regulations that impact on the Real Estate function


NLRD Unit Standard Outcomes

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2.1 The various environments that impact on the Real Estate function are explained in relation to how they impact the success of Real Estate transactions.

246733

Demonstrate knowledge and understanding of the legislation applicable to real estate practice

1. Demonstrate a basic working knowledge of the principles of contract law and contracts relating to real estate 2. Demonstrate a basic working knowledge of the specific contracts relevant to real estate transactions 3. Demonstrate a basic working knowledge of law and legislation relating to immovable property transactions

119466 Interpret a variety of literary texts

1. Extract meaning from a variety of literary texts. 2. Identify and explain features that influence response to texts 3. Produce own texts in response to literary texts

2.2 The various laws, rules, regulations and Codes of Conduct that affect Real Estate are explained with examples and in relation to matters of compliance.

246733

Demonstrate knowledge and understanding of the legislation applicable to real estate practice

4. Demonstrate a basic working knowledge of law and legislation regulating the estate agent and estate agencies

119466 Interpret a variety of literary texts

1. Extract meaning from a variety of literary texts. 2. Identify and explain features that influence response to texts 3. Produce own texts in response to literary texts

2.3 The money laundering legislation and the implications in Real Estate

242593

Explain South African money laundering legislation and the implications for accountable institutions in

1. Explain the purpose of various money laundering legislations applicable in South Africa. 2. Explain the requirements for accountable institutions




Criteria

NLRD Unit Standard Outcomes

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transactions are explained with examples.

transacting with clients

3. Explain the recording function and how to report suspicious transactions 4. Demonstrate understanding of the consequences of non-compliance

119459 Write/present/sign for a wide range of contexts

1. Write/sign effectively and creatively on a range of topics 2. Choose language structures and features to suit communicative purposes. 3. Edit writing/signing for fluency and unity.

2.4 A basic knowledge of FAIS (Financial Advisory and Intermediary Services Act) is explained in relation to how it impacts on the Real Estate sector.

242584

Demonstrate knowledge and understanding of the Financial Advisory and Intermediary Services Act 2002 (FAIS) (Act 37 of 2002) as it impacts on a specific financial services sub-sector

1. Explain the purpose of the Financial Advisory and Intermediary Services Act (FAIS) 2. Explain the requirements for licensing under FAIS 3. Explain the mechanisms for enforcement and the implications for the intermediary and the industry 4. Discuss the effects of requirements for transparency and the right to information on the financial services industry

119472

Accommodate audience and context needs in oral/signed communication

1. Interact successfully in oral/signed communication 2. Use strategies that capture and retain the interest of an audience 3. Identify and respond to manipulative use of language



3. Perform the Real Estate function – Stream 1: Real Estate Practice


NLRD Unit Standard

Outcomes

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3.1 The concept of self-development is explained in the context of the Real Estate environment and the necessary self-development goals defined and implemented in own work context.

246739

Manage self-development in a Real Estate environment

1. Describe and apply self management skills in a Real Estate environment 2. Identify and describe typical career development opportunities within Real Estate and define own career development plan in relation to this. 3. Describe career development opportunities within Real Estate and define own career development plan 4. Identify the various trends in Real Estate career development and how these impact on own personal development.


246734

Advise role players on Real Estate financing options

1. Advise sellers and lessors on financing real estate transactions 2. Advise purchasers and lessees on financing real estate transactions 3. Facilitate financing and conveyancing in real estate transactions


246738

Apply business principles to the Real Estate function

1. Apply the principles of budgeting to Real Estate transactions. 2. Make the necessary provisions for own personal financial planning in line with targets and achievable income within Real Estate context 3. Demonstrate an understanding of taxation in the context of Real Estate from organisational and personal perspectives 4. Apply the principles of business planning to the Real Estate.

110009 Manage administration records

Control and deal with confidential information and documents.




Criteria

NLRD Unit Standard

Outcomes

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Control and evaluate ordering and distribution of office stationary Implement and control measures with individuals


13420

Demonstrate knowledge and understanding of the bond registration process

1. Demonstrate knowledge and understanding of the overall process of bond registration 2. Explain the role of attorneys in the registration 3. Explain the role of the deeds office in the registration process 4. Explain the role of the financier/bank in the registration process 5. Explain the outcomes of the registration process

13418

Demonstrate knowledge and understanding of a mortgage bond as a form of debt security

1. Define a mortgage bond 2. Evaluate a mortgage bond over immoveable property as security for a debt/loan 3. Evaluate different types of properties in terms of the requirements for good security 4. Demonstrate knowledge and understanding of securities in the context of mortgage finance

246736 Market, sell and lease property

1. Market a property 2. Sell a property 3. Let and hire a property. 4. Apply a working knowledge of Community Scheme legislation and its related regulations and acts. 5. Apply after-sales services in the sales process in a real estate context

114583

Develop, implement and evaluate a marketing strategy for a new venture

1. Demonstrate knowledge of marketing concepts applicable to a new venture operation. 2. Analyse the product/service requirements of the target market of a new venture. 3. Demonstrate an understanding of the market research process and interpret the findings relevant to the new venture.




Criteria

NLRD Unit Standard

Outcomes

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4. Develop and implement a marketing plan for a new venture 5. Evaluate and modify the marketing plan.



3. Perform the Real Estate function – Stream 2 – Valuation

Qualification

Assessment Criteria

NLRD Unit Standard

Outcomes

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246739


1. Describe and apply self management skills in a Real Estate environment 2. Identify and describe typical career development opportunities within Real Estate and define own career development plan in relation to this. 3. Describe career development opportunities within Real Estate and define own career development plan 4. Identify the various trends in Real Estate career development and how these impact on own personal development.


246734


1. Advise sellers and lessors on financing real estate transactions 2. Advise purchasers and lessees on financing real estate transactions 3. Facilitate financing and conveyancing in real estate transactions

15089

Identify and apply property, asset and investment management principles.

1. Collect financial information and data relating to property, asses and investment management. 2. Collate and process financial information and data relating to asset and investment management


246738


1. Apply the principles of budgeting to Real Estate transactions. 2. Make the necessary provisions for own personal financial planning in line with targets and achievable income within Real Estate context 3. Demonstrate an understanding of taxation in the




Criteria

NLRD Unit Standard

Outcomes

The

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context of Real Estate from organisational and personal perspectives 4. Apply the principles of business planning to the Real Estate.

110009 Manage administration records

Control and deal with confidential information and documents. Control and evaluate ordering and distribution of office stationary Implement and control measures with individuals


246736 Market, sell and lease property

1. Market a property 2. Sell a property 3. Let and hire a property. 4. Apply a working knowledge of Community Scheme legislation and its related regulations and acts. 5. Apply after-sales services in the sales process in a real estate context

15059

Identify and co-ordinate facilities management opportunities

1. Identify aspects relating to facilities analysis 2. Recognise and co-ordinate activities with regard to facilities management 3. Monitor and ensure efficient operations of facilities management

114583


1. Demonstrate knowledge of marketing concepts applicable to a new venture operation. 2. Analyse the product/service requirements of the target market of a new venture. 3. Demonstrate an understanding of the market research process and interpret the findings relevant to the new venture. 4. Develop and implement a marketing plan for a new venture




Criteria

NLRD Unit Standard

Outcomes

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5. Evaluate and modify the marketing plan.



2. Additional Assessment Conditions

2.1 Fundamental Unit Standards

Fundamentals: The fundamental unit standards are embedded in the Evidence Units and will not be assessed as separate units – through presentation of evidence against qualification assessment criteria and the core and elective unit standards, the candidate will be assessed against the outcomes of the fundamental unit standards.

2.2 Historical Evidence Locator

Historical Evidence: Should you have any additional historical evidence that shows his/her competence and expertise, it would be in your interest to include the additional historical evidence in your Portfolio of Evidence, and complete the Historical Evidence Locator Grid.

This will particularly apply to the following additional historical evidence:

• Previous programmes and assessments conducted and credits obtained;

• Evidence of previously attended programmes for professional development in real estate

related topics

• Any other formal qualifications / industry related programme certificate copies

o Provide copies of certificates of competence obtained / issued by an accredited

provider;

o The certificates provided must be current and contact details of institution must

available

2.3 Critical Cross Field Outcomes - Evidence Locator

Self Assessment:

The critical cross field outcomes cut across all qualifications and you need to prove to your assessor that you have acquired these skills. You do not have to give extra



evidence – simply cross reference these CCFOs to evidence already in your portfolio, and note it in the Critical Cross Field Evidence Locator.

3. Evidence Requirements

3.1 Knowledge and Practical Assignment

The purpose of this Assignment is to provide the candidate an opportunity to present foundational,

practical and reflexive competence against the Exit Level Outcomes and related qualification

assessment criteria for the RPL assessment in the 59097 FETC: Real Estate (Level 4).

1. The candidate is required to complete all questions of the respective Knowledge

Assignments.

2. All candidate responses must be recorded, and the candidate must ensure that responses

are sufficiently detailed to meet the requirements of the unit standards in question.

3. On completion of the Knowledge Assignments, the candidate is required to include the

Assignment responses in his/her Portfolio of Evidence for assessment.

4. The assessor reserves the right to validate responses in the Knowledge Assignments with a

structured interview.

5. Candidates are required to sign a Declaration of Authenticity to verify that the Knowledge

Assignments are their own work.

3.2 Natural Occurring Workplace Evidence

The purpose of this Assignment is to provide the candidate an opportunity to present workplace

related evidence of applied competence against the Exit Level Outcomes and related qualification

assessment criteria for the RPL assessment in the 59097 FETC: Real Estate (Level 4).

1. The candidate is required to identify areas where workplace evidence can be produced and

include authentic copies thereof in the Portfolio of Evidence.

2. Note that the evidence samples listed under each of the unit standards are examples of

evidence that may be appropriate to the unit standard only. Should the candidate have any

other samples of evidence that he/she feels is appropriate, it may be included, as long as the

evidence is clearly marked with the unit standard number and name that it refers to.

3. The assessor reserves the right to validate evidence submissions in the Workplace Evidence

section during a Structured Interview.

4. Candidates are required to sign a Declaration of Authenticity to verify that the workplace

evidence is their own work.



2.3 Reflection

The purpose of the Reflection is to provide the candidate an opportunity to provide historical

evidence of prior workplace exposure against the exit level outcomes, its related qualification

assessment criteria and unit standards for the RPL assessment in the FETC: Real Estate (59097).

1. The candidate is required to reflect on his engagement in the workplace with areas of

competence stipulated in the assessment criteria.

2. Note that the candidate is encouraged to identify his own evidence that is appropriate to any of

the qualification assessment criteria. Should the candidate have any samples of evidence that

he/she feels is appropriate, it may be included, as long as the evidence is clearly marked with the

unit standard number and name that it refers to.

3. The assessor reserves the right to validate evidence submissions in the Workplace Evidence

section during a Structured Interview.

4. Candidates are required to sign a Declaration of Authenticity to verify that the workplace

evidence is their own work.

Portfolio Assessment Activities Refer to your RPL Portfolio Guide for detailed activities that must be completed in relation to each Evidence Unit. Remember that you need to select a speciality stream in Evidence Unit 3, and need to provide evidence against one of the elective streams only. Should a candidate wish to obtain credits against all the electives contained in both specialization streams, the overlapping and additional evidence requirements must be discussed with your RPL Advisor in advance.



Section D: Evidence Units

1. ELO 1: Analyze, evaluate and apply the Real Estate Code of

Conduct and Ethics.

1.1 Unit Standard Alignment – Real Estate Practice

Exit level outcome 1 (Analyze, evaluate and apply the real estate code of conduct and ethics) is

compatible with the following unit standards:

ELO US Type NLRD US Title Level Credits

1. Analyze,

evaluate and

apply the Real

Estate Code of

Conduct and

Ethics.

Core 246737

Demonstrate knowledge of and

apply the Real Estate Code of

Conduct and ethics

Level 5 6

Core 246735 Demonstrate an understanding

of the Real Estate environment Level 4 8

Fundamental 119457 Interpret and use information

from texts Level 3 5

Fundamental 9015

Apply knowledge of statistics

and probability to critically

interrogate and effectively

communicate findings on life

related problems

Level 4 6

TOTAL CREDIT VALUE 25

1.2 Qualification Assessment Criteria

The candidate is required to show applied competence against the following qualification

assessment criteria:


1.2 The contents of the Real Estate Code of Conduct are explained with reference to own work

context.

1.3 The implications of the Real Estate Code of Conduct are explained in the context of a Real Estate

organization.

1.4 The Code of Conduct is related to ethical values and standards within own organization and by

referring to ethical best practices.




2. ELO 2: Demonstrate knowledge of the Real Estate environment

and the various laws, rules and regulations that impact on the

Real Estate function

2.1 Unit Standard Alignment – Real Estate Legislation

Exit level outcome 2 (Demonstrate knowledge of the Real Estate environment and the various laws,

rules and regulations that impact on the Real Estate Function) is compatible with the following unit

standards:


2. Demonstrate

knowledge of the

Real Estate

environment and

the various laws,

rules and

regulations that

impact on the Real

Estate function.

Core 242584

Demonstrate knowledge and

understanding of the

Financial Advisory and

Intermediary Services Act

2002 (FAIS) (Act 37 of 2002)

as it impacts on a specific

financial services sub-sector

4 2

Core 242593

Explain South African money

laundering legislation and the

implications for accountable

institutions in transacting

with clients

4 3

Core 246733

Demonstrate knowledge and

understanding of the

legislation applicable to real

estate practice

4 12

Fundamental 119466 Interpret a variety of literary

texts 3 5

Fundamental 119459 Write/present/sign for a wide

range of contexts 4 5

Fundamental 119472

Accommodate audience and

context needs in oral/signed

communication

3 5



2.2 Qualification Assessment Criteria



2.1 The various environments that impact on the Real Estate function are explained in relation to

how they impact the success of Real Estate transactions.

2.2 The various laws, rules, regulations and Codes of Conduct that affect Real Estate are explained

with examples and in relation to matters of compliance.

2.3 The money laundering legislation and the implications in Real Estate transactions are explained

with examples.

2.4 A basic knowledge of FAIS (Financial Advisory and Intermediary Services Act) is explained in

relation to how it impacts on the Real Estate sector.

3. ELO 3: Perform the Real Estate function

3.1 Unit Standard Alignment

Exit level outcome 3 (Perform the Real Estate Function) is compatible with the following unit

standards.

This evidence unit allows the RPL candidate to select between 2 streams of specialization:

1. Specialization – Real Estate Practice

2. Specialization –Real Estate Valuation & Investment

Learners Note: The candidate must select one of the streams as a specialization area, and complete the evidence requirements for all unit standards in that specialization stream. Candidates may arrange with their RPL Advisor if they wish to present evidence against both elective streams.



3.1.1 Specialization – Real Estate Practice

ELO US Type NLRD US Title Level Credits 3. Perform the Real Estate

function

Core 246736 Market, sell and lease property 4 20

Core 246738 Apply business principles to the Real Estate function

4 8

Core 246734 Advise role players on Real Estate financing options

4 6

Core 246739 Manage self-development in a Real Estate environment

4 8

Elective 13418 Demonstrate knowledge and understanding of a mortgage bond as a form of debt security

4 6

Elective 13420 Demonstrate knowledge and understanding of the bond registration process

4 6

Elective 110009 Manage administration records 4 4

Elective 114583 Develop, implement and evaluate a marketing strategy for a new venture

4 8

Fundamental

7468 Use mathematics to investigate and monitor the financial aspects of personal, business, national and international issues

4 6

Fundamental 12153 Use the writing process to compose texts required in the business environment

4 5

Fundamental 119462 Engage in sustained oral/signed communication and evaluate spoken/signed texts

4 5

Fundamental 119469 Read/view, analyze and respond to a variety of texts

4 5

Fundamental 9016 Represent analyze and calculate shape and motion in 2-and 3-dimensional space in different contexts

4 4

Fundamental 119465 Write/present/sign texts for a range of

communicative contexts 3 5

3.1.2 Specialization – Real Estate Valuation & Investment

ELO US Type NLRD US Title Level Credits 3. Perform the Real Estate function

Core 246736

Market, sell and lease property 4 20

Core 246738


4 8

Core 246734


4 6

Core 246739


4 8

Elective 15059 Identify and co-ordinate facilities management opportunities

4 5




Elective 15089 Identify and apply property, asset and investment management principles

4 5

Elective 110009

Manage administration records 4 4

Elective 114583


4 8

Fundamental 7468 Use mathematics to investigate and monitor

the financial aspects of personal, business, national and international issues

4 6

Fundamental 12153 Use the writing process to compose texts required in the business environment

4 5

Fundamental 119462

Engage in sustained oral/signed communication and evaluate spoken/signed texts

4 5

Fundamental 119469

Read/view, analyze and respond to a variety of texts

4 5

Fundamental 9016 Represent analyze and calculate shape and motion in 2-and 3-dimensional space in different contexts

4 4

Fundamental 119465

Write/present/sign texts for a range of communicative contexts

3 5

3.2 Evidence Requirements



3.1 The concept of self-development is explained in the context of the Real Estate environment and

the necessary self-development goals defined and implemented in own work context.




Portfolio Assessment Activities Refer to your RPL Portfolio Guide for detailed activities that must be completed in relation to this Evidence Unit.



Section E: Conclusion

1. Self Assessment

Self Assessment:

At this stage it may be a good idea to conduct a self assessment against the exit level outcomes, qualification assessment criteria and related unit standards. Use the self assessment to start planning the areas of evidence you will be able to provide, and where you think you may need some assistance.

AC Qualification Assessment

Criteria My Notes

Sorted! Mostly? Need Help!

1.1 The factors that influence the development of a code of ethics are

described with examples.

1.2 The contents of the Real Estate Code

of Conduct are explained with reference to own work context.

1.3 The implications of the Real Estate Code of Conduct are explained in the

context of a Real Estate organization.

1.4 The Code of Conduct is related to

ethical values and standards within own organization and by referring to ethical best practices.


2.1 The various environments that impact on the Real Estate function are explained in relation to how they impact the success of Real Estate transactions.

2.2 The various laws, rules, regulations and Codes of Conduct that affect Real Estate are explained with examples and in



AC Qualification Assessment

Criteria My Notes

Sorted! Mostly? Need Help!

relation to matters of compliance.

2.3 The money laundering legislation and the implications in Real Estate transactions are explained with examples.

2.4 A basic knowledge of FAIS (Financial Advisory and Intermediary Services Act) is explained in relation to how it impacts on the Real Estate sector.





Personal Development Plan Note the areas below that you may need to ask some help on, or that you are unsure of and may have questions on. Formulate your questions and plan for yourself!



2. Conclusion

You are now ready to start with your RPL Portfolio of Evidence –

GOOD LUCK!!

RPL Orientation Guide

Documents

Transcript of RPL Orientation Guide