SAQA All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.
SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED UNIT STANDARD: 

Identify, gather and act on financial information in a real estate business 
SAQA US ID UNIT STANDARD TITLE
15081  Identify, gather and act on financial information in a real estate business 
ORIGINATOR
SGB Real Estate 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
-  
FIELD SUBFIELD
Field 11 - Services Cleaning, Domestic, Hiring, Property and Rescue Services 
ABET BAND UNIT STANDARD TYPE PRE-2009 NQF LEVEL NQF LEVEL CREDITS
Undefined  Regular  Level 4  NQF Level 04 
REGISTRATION STATUS REGISTRATION START DATE REGISTRATION END DATE SAQA DECISION NUMBER
Reregistered  2018-07-01  2023-06-30  SAQA 06120/18 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2024-06-30   2027-06-30  

In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise.  

This unit standard does not replace any other unit standard and is not replaced by any other unit standard. 

PURPOSE OF THE UNIT STANDARD 
This unit standard forms part of the qualification - National Certificate in Property Practice, registered at Level 4 on the National Qualifications Framework. Learners working towards this standard will be learning towards the full qualification, or will be working within a Property Environment, specialising in either Property Management or Estate Agency Sales or Rental, where the acquisition of competence against this standard will add value to their understanding of the sector and functioning in the workplace. This standard will also add value to learners who are starting or working in their own Property and/or Real Estate business.

The purpose of this standard is for learners to develop an understanding of the concepts, structure and applications of financial considerations in a real estate industry context.

The qualifying learner is capable of :
  • Identifying, gathering and explaining financial concepts and structure necessary in real estate.
  • Compiling and recording financial data for application in a property business.
  • Identifying, gathering and explaining property investment concepts.
  • Explaining the principles and concepts of risk management.
  • Identifying, explaining and implementing portfolio planning principles and techniques.
  • Identifying, explaining and implementing feasibility studies. 

  • LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
    Learners accessing this qualification will have demonstrated competence in the mathematical and computer skills to the equivalent of NQF 3, and also be able to communicate in English to the equivalent of NQF Level 3. Learners will also have earned 10 credits for appropriate standards in finance at NQF Level 4. 

    UNIT STANDARD RANGE 
  • Portfolios including personal portfolios and institutional portfolios.
  • Feasibility studies including residential developments, commercial developments, industrial developments, financial feasibility, township development, sectional title schemes, retirement villages, office buildings, and shopping centers. 

  • Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Identify, gather and explain financial concepts and structure necessary in real estate practice. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    1. The concepts of finance necessary in real estate are defined and explained. 

    ASSESSMENT CRITERION 2 
    2. Taxes levied by government and local authorities are identified. 

    ASSESSMENT CRITERION 3 
    3. Property financing is explained. 

    ASSESSMENT CRITERION 4 
    4. Finance structures necessary for different types of property markets are identified and described. 

    ASSESSMENT CRITERION 5 
    5. Sources of property financing are defined and described. 

    ASSESSMENT CRITERION 6 
    6. The cost of capital and capital budgeting techniques are explained. 

    SPECIFIC OUTCOME 2 
    Compile and record financial data for application in a property business. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    1. Financial information requirements are identified. 

    ASSESSMENT CRITERION 2 
    2. Financial information is compiled into the required format. 

    ASSESSMENT CRITERION 3 
    3. Financial information is recorded and documented. 

    ASSESSMENT CRITERION 4 
    4. Financial information is processed within the required timeframes. 

    SPECIFIC OUTCOME 3 
    Identify, gather and explain property investment concepts. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    1. The concepts of real estate investments are defined and explained. 

    ASSESSMENT CRITERION 2 
    2. The investment decision process is described. 

    ASSESSMENT CRITERION 3 
    3. Investment strategy is explained. 

    ASSESSMENT CRITERION 4 
    4. The ownership entity concept is explained. 

    ASSESSMENT CRITERION 5 
    5. Income tax and its implications on investment and investors is explained. 

    SPECIFIC OUTCOME 4 
    Identify, explain and implement portfolio planning principles and techniques. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    1. Identify the different property portfolios. 

    ASSESSMENT CRITERION 2 
    2. The elements of the different property portfolios are explained. 

    ASSESSMENT CRITERION 3 
    3. The limitations on property investment are described. 

    ASSESSMENT CRITERION 4 
    4. The factors affecting property investment by institutional investors are explained. 

    SPECIFIC OUTCOME 5 
    Identify, explain and implement feasibility studies. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    1. The various phases (components) of a feasibility study are identified and explained. 

    ASSESSMENT CRITERION 2 
    2. The different types of feasibility study are completed in the required format. 

    ASSESSMENT CRITERION 3 
    3. Various types of feasibility studies are implemented within agreed timeframes. 


    UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS 
    Providers will be accredited against this unit standard and assessors registered by the relevant Education Quality Assurance Body (ETQA). 

    UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
  • Basic and general understanding of the concepts of finance.
  • Basic and general understanding of the concepts of investment.
  • An all round understanding of the principles and techniques of risk management.
  • An in-depth understanding of the types of portfolios and the concepts of portfolios.
  • An in-depth understanding of the principles, methods and techniques of feasibility studies. 

  • UNIT STANDARD DEVELOPMENTAL OUTCOME 
    N/A 

    UNIT STANDARD LINKAGES 
    N/A 


    Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO IDENTIFYING 
    Identify and solve problems in respect of all aspects related to financial, investment, portfolio and feasibility issues within a real estate business. 

    UNIT STANDARD CCFO WORKING 
    Work effectively with others when identifying, collecting and implementing financial information related to real estate business. 

    UNIT STANDARD CCFO COLLECTING 
    Collect, analyse, organise and critically evaluate information related to financial, investment and feasibility studies to ensure accuracy and acceptance. 

    UNIT STANDARD CCFO COMMUNICATING 
    Communicate effectively when conducting and explaining feasibility studies. 

    UNIT STANDARD CCFO SCIENCE 
    Use science and technology when recording and processing financial and investment information. 

    UNIT STANDARD CCFO DEMONSTRATING 
    Demonstrate the world as a set of related systems where all financial and investment factors must be thoroughly considered when performing calculations. 

    UNIT STANDARD ASSESSOR CRITERIA 
    N/A 

    REREGISTRATION HISTORY 
    As per the SAQA Board decision/s at that time, this unit standard was Reregistered in 2012; 2015. 

    UNIT STANDARD NOTES 
    N/A 

    QUALIFICATIONS UTILISING THIS UNIT STANDARD: 
      ID QUALIFICATION TITLE PRE-2009 NQF LEVEL NQF LEVEL STATUS END DATE PRIMARY OR DELEGATED QA FUNCTIONARY
    Core  24454   Further Education and Training Certificate: Real Estate  Level 4  NQF Level 04  Passed the End Date -
    Status was "Reregistered" 
    2007-11-28  Was SERVICES until Last Date for Achievement 
    Elective  20185   Further Education and Training Certificate: Banking  Level 4  NQF Level 04  Reregistered  2023-06-30  BANKSETA 


    PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS UNIT STANDARD: 
    This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here.
     
    1. Absa Learning & Development 
    2. Bidvest Bank 
    3. Chartall Business College 
    4. Cornerstone Performance Solutions (Pty) Ltd 
    5. Felix Risk Training Consultants 
    6. Firstrand Bank - Benmore 
    7. Nedbank Ltd 
    8. The Facilitation Workshop 



    All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.