The Estate Agency Affairs Board (EAAB) made it compulsory that all agents acquire a full qualification. This qualification covers all the required sales, marketing, ethical, legal and financial skills necessary to sell, lease and market real estate in South Africa. It is the first step in fulfilling the EAAB’s legal requirements (the other requirements are the passing of the Professional Designation Exam [PDE] and ongoing Continuing Professional Development [CPD]). Agents who enter the profession are required to complete a full 12-month internship and a logbook in addition to completing the qualification and writing the PDE.
The details for RPL and online learning are as follows:
- Average time commitment is 5-6 hours per week.
- RPL groups start on the second Tuesday of each month.
- Online training groups start quarterly on set dates.
- Registration closes seven days before the group start date.
- Preparation sessions are online (internet access and PC skills are essential).
- Payment plans are available for online learning. RPL fees are payable as a single payment.
(For classroom training dates, please contact email@example.com to see what is scheduled.)
What does the National Further Education & Training Certificate in Real Estate (NQF 4)
The qualification maintains a balance between theoretical and practical learning in order to build competency as a practicing estate agent. The qualification is scheduled as a series of skills programmes that cover the following broad areas:
- The real estate environment and code of conduct.
- The real estate function.
- Real estate legislation.
- Mortgage funding and marketing.
Our qualification covers all of the modules required to acquire the full qualification, so that you can write the Professional Designation Examination with the EAAB.
Who is the National Further Education & Training Certificate in Real Estate (NQF 4) aimed at?
The online training option is designed for new interns who do not want to travel to classes on a regular basis, due to distance or time out of the office. Ideally you should already be employed in the real estate sector as there are some practical assignments that require workplace evidence. However, this can be simulated with some additional creativity.
The RPL option is for existing full status agents. No interns can be enrolled on the RPL option.
How is the National Further Education & Training Certificate in Real Estate (NQF 4) delivered?
The qualification is offered either via RPL (see RPL guide) or online learning (see online learning guide).
Online learning offers a blend of online lectures (the same number of hours as you would get in class), using the same notes and slides you would receive in class, along with custom designed e-learning modules created to appeal to the more visual learner.
RPL (for existing full status agents) involves no training or additional resources.
If you particularly want a face-to-face option, contact firstname.lastname@example.org for the schedule.
What is the accreditation status of the National Further Education & Training Certificate in Real Estate (NQF 4)?
The qualification is accredited and certificated by SERVICES SETA. It is registered with the South African Qualifications Authority (SAQA) as a 150 credit qualification at NQF 4 (SAQA ID 59097 – see www.saqa.org.za). Chartall Business College is accredited by the SERVICES SETA to train and assess the qualification.
What are the entry requirements for the National Further Education & Training Certificate in Real Estate (NQF 4)?
To enrol for RPL, you:
- must be a full status agent (or have been a full status agent in the past, with extensive real estate experience);
- will be required to complete a pre-RPL assessment, to ensure readiness for RPL.
To enrol for online learning, you:
- should ideally be employed in a real estate agency, as there are practical projects to complete;
- must have a PC or tablet (or smart phone, but this could be too small), with sufficient internet connectivity to download the online learning materials and view videos and online lectures.
Please see http://chartall.co.za/faqs-for-webinars/ for minimum computer specifications.
What qualification will I be awarded and by whom?
Upon successful completion of all the assessments, students will be awarded the SERVICES SETA National Further Education & Training Certificate in Real Estate (NQF 4).
How is this qualification assessed?
Students are assessed using a Portfolio of Evidence (PoE). Chartall Business College has set questions and assignments that are completed over the duration of the qualification in your own time. This portfolio will be assessed by a registered assessor and feedback will be provided.
Students will not have to write any exams to earn the qualification. The advantage of the portfolio as a mode of assessment is that it can be used after the learning to support the student’s CV as it showcases what they can do practically (you will need to keep a copy of it for this purpose). Students will still need to write an examination with the Estate Agency Affairs Board once they have achieved the qualification though (this is the Professional Designation Examination).
Real Estate Intern Logbook
Intern agents or even principals may feel overwhelmed with the above mentioned however, here at Chartall Business College, we will guide you through this process step-by-step and make sure that during your year of study, you will attain a nationally recognised Real Estate (NQF4) qualification.
Click here for more information.