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 QUALIFICATION: 

National Occupational Certificate: Auctioneer 
SAQA QUAL ID QUALIFICATION TITLE
120670  National Occupational Certificate: Auctioneer 
ORIGINATOR
Development Quality Partner-Services SETA 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY NQF SUB-FRAMEWORK
QCTO - Quality Council for Trades and Occupations  OQSF - Occupational Qualifications Sub-framework 
QUALIFICATION TYPE FIELD SUBFIELD
National Occupational Cert  Field 11 - Services  Consumer Services 
ABET BAND MINIMUM CREDITS PRE-2009 NQF LEVEL NQF LEVEL QUAL CLASS
Undefined  180  Not Applicable  NQF Level 04  Regular-ELOAC 
REGISTRATION STATUS SAQA DECISION NUMBER REGISTRATION START DATE REGISTRATION END DATE
Registered  EXCO 0614/23  2023-03-08  2028-03-08 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2029-03-08   2031-03-08  

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 qualification replaces: 
Qual ID Qualification Title Pre-2009 NQF Level NQF Level Min Credits Replacement Status
80547  National Certificate: Auctioneering Practices  Level 5  NQF Level 05  125  Complete 

PURPOSE AND RATIONALE OF THE QUALIFICATION 
Purpose:
The purpose of this qualification is to prepare a learner to function as an Auctioneer.

An Auctioneer conducts transparent and fair sales of movable and immovable assets by accepting offers from buyers (the Public) and accepting the highest purchase price to realise the best sales value for the seller. Attributes for the auctioneer amongst others should include communication skills, writing skills, research skills, financial skills and information and communication technology (ICT).

A qualified learner will be able to:
  • Secure a mandate to sell an asset.
  • Assess and determine the value of the asset for auctioning.
  • Conduct marketing to auction an asset.
  • Facilitate acceptance of bids and disposal of auction assets.
  • Administer and reconcile the sale of assets.

    Rationale:
    The property sector is a multi-billion-rand economic activity which requires professionals who are well-trained and knowledgeable to meet the needs of both the movable and non-movable properties subsector. This qualification strives to equip learners to operate effectively and efficiently in the auctioneering subsector as well as ensuring protection of the consumer as required by consumer protection legislation.

    The auctioneering practice, as part of the property sector is well-established and regulated, thus has many learners that would benefit from qualifications aligned to career paths. This means there is a need to develop career paths, as the industry is constantly in need of skilled people. The scope of auctioneering is changing and evolving all the time, with new opportunities for the auctioneer arising with sectoral transformation and new markets in areas historically neglected by the sector.

    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 similar qualifications internationally. The society shall benefit the proper disposal process and value on assets that could have been lost.

    Typical learners for the qualification will be persons already employed in the industry, providing support service to auctioneers and new entrants interested in the field. The qualification will provide an opportunity for existing and qualified auctioneers to move into estate agency practice within the property development sector. Growth is possible within various higher responsibilities in the auctioneering field, valuation, and estate agency. The qualification was developed in collaboration with the auctioneering industry. 

  • LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
  • RPL for access to the external integrated summative assessment:
    Accredited providers and approved workplaces must apply the internal assessment criteria specified in the related curriculum document to establish and confirm prior learning. Accredited providers and workplaces must confirm prior learning by issuing a statement of results or by certifying a work experience record.
  • RPL for access to the qualification:
    Accredited providers and approved workplaces may recognise prior learning against the relevant access requirements.

    Entry Requirements:
  • Any NQF Level 3 qualification. 

  • RECOGNISE PREVIOUS LEARNING? 

    QUALIFICATION RULES 
    This National Occupational Certificate qualification is made up of compulsory Knowledge, Practical Skill and Work Experience Modules:

    Knowledge Modules:
  • 333901-000-00-00-KM01, Workplace Fundamentals, Level 4, 15 Credits.
  • 333901-000-00-00-KM02, Basics of health, safety, and the environment, Level 3, 10 Credits.
  • 333901-000-00-00-KM03, Introduction to Information Communications technology Level 4, 15 Credits.
  • 333901-000-00-00-KM04, Legislation and Regulatory Framework for Auctioneering, Level 4, 10 Credits.
  • 333901-000-00-00-KM05, Ethical Business Principles, Level 4, 10 Credits.
  • 333901-000-00-00-KM06, Principles of Auctioneering, Level 4, 30 Credits.

    Total number of credits for Knowledge Modules: 90

    Practical Skill Modules:
  • 333901-000-00-00-PM-01, Secure Mandate and Compile Different Types Of Contracts For Auctioneering,
    Level 4, 5 Credits.
  • 333901-000-00-00-PM-02, Identify, Classify, and Lot Auction Stock, Level 4, 5 Credits.
  • 333901-000-00-00-PM-03, Identify and Apply Safety, Health, and Risk Prevention for Auctioneering, Level 4,
    5 Credits.
  • 333901-000-00-00-PM-04, Estimate Current Market Value of Auctioneering Assets, NQF Level 4, 5 Credits.
  • 333901-000-00-00-PM-05, Conduct Marketing for Auction Sale, NQF Level 4, 10 Credits.
  • 333901-000-00-00-PM-06, Conduct an Auction, Level 4, 14 Credits.
  • 333901-000-00-00-PM-07, Conduct After Sale Seller Settlement Report, Level 4, 10 Credits.

    Total number of credits for Practical Skill Modules: 54

    Work Experience Modules:
  • 333901-000-00-00-WM-01, Processes for Securing Mandate and Compiling Different Types of Contracts for Auctioneering, Level 4, 6 Credits.
  • 333901-000-00-00-WM-02, Procedures for Identification, Classification, and Lotting of Auction Stock, Level 4,
    5 Credits.
  • 333901-000-00-00-WM-03, Procedures for Identifying and Applying Safety, Health, And Risk Prevention for Auctioneering, Level 4, 5 Credits.
  • 333901-000-00-00-WM-04, Processes for Estimating Current Market Value of Auctioneering Assets, Level 4,
    5 Credits.
  • 333901-000-00-00-WM-05, Procedures for Conducting Marketing for Auction Sale, Level 4, 5 Credits.
  • 333901-000-00-00-WM-06, Procedures for Conducting an Auction, Level 4, 5 Credits.
  • 333901-000-00-00-WM-07, Procedures for Conducting After Sale (Seller) Settlement Report, Level 4,
    5 Credits.

    Total number of credits for Work Experience Modules: 36 

  • EXIT LEVEL OUTCOMES 
    1. Demonstrate the ability to secure a mandate to sell an auction asset.
    2. Demonstrate the ability to market the auction stock to draw buyer to the auction.
    3. Manage all auction records to ensure legal compliance and client satisfaction. 

    ASSOCIATED ASSESSMENT CRITERIA 
    Associated Assessment Criteria for Exit Level Outcome 1:
    ELO1: Demonstrate the ability to secure a mandate to sell an auction asset.
  • Conduct negotiation of mandate in compliance with communication, emotional intelligence, auctioneering legislation, and estimation of asset values.
  • Negotiate and sign the specific, relevant, and unique contracts for different auction assets.
  • Assess, correct, and apply health and safety, and asset protection risks ensuring public safety, asset protection and client safety and security.
  • Protect and validate information collected from the asset owner against FICA requirements.
  • Evaluate the classification of auction stock into lots to comply with functional use of assets and affordability.
  • Classify the assets to follow appropriate methodologies.
  • Apply the procedures for collection of comparable market value taking location and time into account.

    Associated Assessment Criteria for Exit Level Outcome 2:
    ELO2: Demonstrate the ability to market the auction stock to draw buyer to the auction.
  • Comply with the requirements for public notification and advertisement and with the standard rules for auctioneering.
  • Conduct marketing and branding to target the market segment profiled to be interested in the specific auction stock.
  • Apply the auctioneering processes in compliance to FICA and POPI requirements.
  • Evaluate called bids to establish whether the final price settlement is compliant to the contractual mandate.
  • Conduct procedures undertaken prior and after the actual auction to establish legally compliant participants, auction stock reconciliation and accurate record management.
  • Administer the entire process of auction to comply to ethical business practices and professional conduct.

    Associated Assessment Criteria for Exit Level Outcome 3:
    ELO3: Manage all auction records to ensure legal compliance and client satisfaction.
  • Reconcile all legal transactions and payments to establish an accurate report for the seller.
  • Report offer price below the reservation price to the seller to establish willingness to accept a lower price or not.
  • Draw the financial reconciliation (and stock) from the established owner trust account in compliance with the law.

    INTEGRATED ASSESSMENT
    Integrated Formative Assessment:
    The Skills Development Providers will use the curriculum to guide them on the stipulated internal assessment criteria and weighting. They will also apply the scope of practical skills and applied knowledge as stipulated by the internal assessment criteria. This formative assessment leads to entrance into the integrated External Summative Assessment.

    Integrated Summative Assessment:
    An External Integrated Summative Assessment, conducted through the relevant QCTO Assessment Quality Partner is required to issue this qualification. The External Integrated Summative Assessment will focus on the Exit Level Outcomes and Associated Assessment Criteria. Additional to the written assessment the learner must also submit a portfolio of evidence compiled of outcomes achieved in the workplace. 

  • INTERNATIONAL COMPARABILITY 
    The National Occupational Certificate was compared to similar qualifications in Australia and Ireland.

    Australia
    In Australia, Complete Qualifications offers Certificate IV in Real Estate Practice, which is a 10-unit real estate agency course. The course has three (3) electives specific to auctioneering. At the successful completion of this course the learner is issued with a Statement of Attainment to register as an auctioneer with the Office of Fair Trading.

    The specific units required to successfully register as an auctioneer are prepared for professional practice in real estate, access and interpret ethical practice in real estate, access and interpret legislation in real estate, prepare to work with real estate trust accounts, transact in trust accounts, establish marketing and communication profile, manage operational finances in the property industry, undertake pre-auction process, conduct and complete sale by auction, complete post-auction process and contract execution.

    Similarities
    The content of the two qualifications are similar with regards to undertake pre-auction process, conduct and complete sale by auction, complete post-auction process and contract execution is similar.

    Differences
    The uniqueness here is that the auctioneer is trained as part of real estate practice and therefore means that only fixed properties can be auctioned by the incumbent. The focus is on delivery of knowledge.

    Ireland
    Blackrock Further Education Institute offers a one (1) year, QQI Level 5 Certificate in Auctioneering, Estate Agency and Valuation (5M2102). Entry requirements are 5 passes or 5 O6/ H7s or a combination of 5 O6/H7s or the LCA with a Merit profile or have achieved a full relevant QQI Level 4 Award. Applicants with 21 years of age and those without formal entry requirements are considered through recognition of prior learning. Learners cover the following scope:
  • Understand the principles of property valuation.
  • Appreciate the cyclical nature of the property market.
  • Understand the legal framework underpinning property transactions.
  • Prepare sales brochures and/or catalogues.
  • Assist with marketing property for sale or auction

    The following modules are covered:
  • Estate Agency Practice
  • Valuation
  • Applied Economics
  • Business Law
  • Marketing Practice
  • Word Processing
  • Communications
  • Work Experience

    Qualified learners can pursue careers in Auctioneering Practice, Estate Agency and Valuation, Property Management and Property Letting.

    Similarities
    The duration, content and competencies of the programme are in every respect similar to those of the National Occupational Certificate, and both include work experience in their delivery.

    Differences
    They are different in terms of qualification level and admission requirements.

    Conclusion
    Whereas the content is comparable between the programme and qualification, the proposed South African qualification is thorough and provides for application. In all cases the delivery can be done virtually and within the real classroom environment. 

  • ARTICULATION OPTIONS 
    This qualification provides opportunities for horizontal and vertical articulation options.

    Horizontal Articulation:
  • Occupational Certificate: Real Estate Agent, NQF Level 4

    Vertical Articulation:
  • Occupational Certificate: Valuer (Municipal Property Assessor), NQF Level 5.
  • Diploma in Real Estate, NQF Level 6. 

  • MODERATION OPTIONS 
    N/A 

    CRITERIA FOR THE REGISTRATION OF ASSESSORS 
    N/A 

    NOTES 
    Qualifying for External Assessment:
    To qualify for an external assessment, learners must provide proof of completion of all required knowledge and practical modules by means of statements of results and a record of completed work experience.

    Additional Legal or Physical Entry Requirements:
  • None

    Criteria for the accreditation of providers

    The curriculum title and code are: National Occupational Certificate: Auctioneer: 333901-000-00-00.

    Encompassed Trade:
  • None.

    Assessment Quality Partner (AQP)
  • Services Sector Education and Training Authority (SSETA) 

  • LEARNING PROGRAMMES RECORDED AGAINST THIS QUALIFICATION: 
    When qualifications are replaced, some (but not all) of their learning programmes are moved to the replacement qualifications. If a learning programme appears to be missing from here, please check the replaced qualification.
     
    NONE 


    PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS QUALIFICATION: 
    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.
     
    NONE 



    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.