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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: |
| Higher Occupational Certificate: Principal Real Estate Agent |
| SAQA QUAL ID | QUALIFICATION TITLE | |||
| 121691 | Higher Occupational Certificate: Principal Real Estate Agent | |||
| ORIGINATOR | ||||
| Development Quality Partner-Services SETA | ||||
| PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY | NQF SUB-FRAMEWORK | |||
| - | OQSF - Occupational Qualifications Sub-framework | |||
| QUALIFICATION TYPE | FIELD | SUBFIELD | ||
| Higher Occupational Cert | Field 11 - Services | Consumer Services | ||
| ABET BAND | MINIMUM CREDITS | PRE-2009 NQF LEVEL | NQF LEVEL | QUAL CLASS |
| Undefined | 160 | Not Applicable | NQF Level 05 | Regular-ELOAC |
| REGISTRATION STATUS | SAQA DECISION NUMBER | REGISTRATION START DATE | REGISTRATION END DATE | |
| Registered | EXCO 1121/24 | 2024-01-30 | 2029-01-30 | |
| LAST DATE FOR ENROLMENT | LAST DATE FOR ACHIEVEMENT | |||
| 2030-01-30 | 2033-01-30 | |||
| 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 qualification does not replace any other qualification and is not replaced by any other qualification. |
| PURPOSE AND RATIONALE OF THE QUALIFICATION |
| Purpose:
The purpose of this qualification is to prepare a learner to function as a Principal Real Estate Agent. A Principal Real Estate Agent leads, directs, and manages the overall strategies and operations of a real estate agency. The Principal Real Estate Agent should have among others the following attributes: communication skills, emotional intelligence, information communication technology, teamwork and management skills. A qualified learner will be able to: Rationale: The Property and Real Estate sector is a multi-billion-rand economic activity, which requires professionals who are well-trained and knowledgeable to meet the needs of both the residential and non-residential sectors of the industry. This qualification is meant to equip learners with skills to function effectively and efficiently in the Property and Real Estate sector. The qualification is critical for the effective and sustainable management of the estate agency organisation. The Property and Real Estate sectors are well-established and regulated, and thus have many learners that would benefit from a qualification that is aligned to career path. There is a need to develop career paths in this sub-field, as the industry constantly require the supply of skilled people. The scope of Property and Real Estate Principal changes and evolves all the time, with new opportunities for the Principal Real Estate Agent arising from sectoral transformation and new markets in areas historically neglected. This qualification supports the objectives of the National Qualification Framework in that it gives the learner access to a qualification registered on the 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 internationally. Learners shall gain in that they shall be able to improve their skills, career and business prospects and livelihood. Typical learners for the qualification are new entrants and persons already employed in the industry, working either as Estate Agents or Auctioneers. The qualification will provide an opportunity for existing and qualified Principal Real Estate Agents to move into general management positions within the property development sector. The qualification was developed in collaboration with the Estate agency industry. |
| LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING |
| Recognition of Prior Learning (RPL):
RPL for access to a qualification Learners will gain access to the qualification through RPL for Access as provided for in the QCTO RPL Policy. RPL for access is conducted by accredited education institution, skills development provider or workplace accredited to offer that specific qualification/part qualification. RPL for exemption of modules Learners who have acquired competencies of the modules of a qualification or part qualification will be credited for modules through RPL. 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 result. Entry Requirements: Occupational Certificate: Real Estate Agent, NQF Level 4. |
| RECOGNISE PREVIOUS LEARNING? |
| Y |
| QUALIFICATION RULES |
| This qualification is made up of following compulsory Knowledge, Practical Skill and Work Experience Modules.
Knowledge Modules Total number of credits for Knowledge Modules: 80 Practical Skill Modules Total number of credits for Practical Skill Modules: 48 Work Experience Modules Total number of credits for Work Experience Modules: 32 |
| EXIT LEVEL OUTCOMES |
| 1. Manage sustainable and compliant operations of estate agency.
2. Develop, promote, and maintain sustainable relationship with stakeholders. |
| ASSOCIATED ASSESSMENT CRITERIA |
| Associated Assessment Criteria for Exit Level Outcome 1:
ELO 1: Manage sustainable and compliant operations of estate agency. Associated Assessment Criteria for Exit Level Outcome 2: ELO 2: Develop, promote, and maintain sustainable relationship with stakeholders. Integrated Assessment Formative Assessment: The skills development provider 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 together with work experience leads to entrance in the integrated external summative assessment. Summative Assessment: An external integrated summative assessment, conducted through the relevant QCTO Assessment Quality Partner is required for the issuing of this qualification. The external integrated summative assessment will focus on the exit level outcomes and associated assessment criteria. The external integrated summative assessment will be conducted through a theoretical assessment, responding to scenarios and the evaluation of practical tasks on selected modules using relevant checklists at an approved assessment site in a simulated environment (where relevant) and conducted by assessors registered with the relevant AQP. |
| INTERNATIONAL COMPARABILITY |
| International comparability was conducted against qualifications in the United States of America and Ireland.
United States of America The Columbia College offers a two (2) year associate degree in real estate management that equips learners with the knowledge and skill sets needed to succeed in the management of real estate agency. The learner explores modern issues encountered in the field of real estate management. The qualification offers learners an opportunity to learn about principles of real estate, finance, management, and organisational behaviour. The College works as a partner of the National Association of Realtors. The associate degree covers the scope in real estate, real estate finance, principles of management, organisational behaviour, principles of marketing and business. Similarities The two qualifications cover similar scope and competencies. Differences The duration for the Higher Occupational Certificate: Principal Real Estate Agent is shorter and accounts for practical and work experience. 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: The following modules are covered: Qualified learners can pursue careers in Auctioneering Practice, Estate Agency and Valuation, Property Management and Property Letting. Similarities The level, duration, content, and competencies of the qualification are in every respect similar to those of the Higher Occupational Certificate: Principal Real Estate Agent and both include work experience in their delivery. Differences They are different in terms of admission requirements. Conclusion The qualifications in comparison address similar areas of learning to a large degree, but the differences are obvious around the duration, scope (applicable in SA) and to a limited extent on curricula content. |
| ARTICULATION OPTIONS |
| This qualification allows possibilities for both vertical and horizontal articulation.
Horizontal Articulation: Vertical Articulation: Diagonal Articulation: |
| NOTES |
| Qualifying for External Assessment:
To qualify for an external assessment, learners must provide proof of completion of all required modules by means of a statement of results and statement of work experience as well as proof of successful completion of all the subjects and modules or alternative programmes where applicable. Additional Legal or Physical Entry Requirements: None. Criteria for the Accreditation of Providers: Accreditation of providers will be done against the criteria as reflected in the relevant curriculum on the QCTO website. The curriculum title and code are: Principal Real Estate Agent: 333405-000-00-00. Encompassed Trades: This qualification encompasses the following trades as recorded on the NLRD: None. Assessment Quality Partner: Services Sector Education and Training Authority (SSETA). |
| LEARNING PROGRAMMES RECORDED AGAINST THIS 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. |