National Certificate in Real Estate (NQF 4)
The Estate Agency Affairs Board (EAAB) made it compulsory that all agents acquire a full qualification. It is the first step in fulfilling the EAAB’s legal requirements. The other requirements include passing of the Professional Designation Exam [PDE] and ongoing Continuing Professional Development [CPD]. Agents who enter the profession are also required to complete a full 12-month internship and a logbook in addition to completing the qualification and writing the PDE.Is this qualification for me?
The blended training option is designed for new interns and existing agents 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 qualification is offered either via RPL (see RPL guide) or blended learning.
Blended 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.
The RPL option is for existing full status agents. No interns can be enrolled on the RPL option
RPL involves no training or additional resources.
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 blended 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.
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.
Real Estate Intern Logbook
Intern agents or even principals may feel overwhelmed with their logbook 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.
- Lectures 19
- Quizzes 0
- Duration 5 hours/week
- Skill level NQF 4
- Language English
- Students 8905
- Assessments Yes
Compulsory content as prescribed by the EAAB. Provides overview of the real estate sector, legislation, code of conduct, sales and marketing. Not specifically linked to unit standards but provides a good base for the rest of the training.
The real estate environment (including the code of conduct)
Real estate function
Real estate legislation
- 242584 Demonstrate knowledge and understanding of Financial Advisory and Intermediary Services Act 2002 (FAIS) as it impacts on a specific financial services sub-sector
- 242593 Explain South African money laundering legislation and the implications for accountable institutions in transacting with clients
- 246733 Demonstrate knowledge and understanding of the legislation applicable to real estate
Electives: bond finance and the development of a marketing strategy and team building
- 13418 Demonstrate knowledge and understanding of a mortgage bond as a form of debt security
- 13420 Demonstrate knowledge and understanding of the bond registration process
- 114583 Develop, implement and evaluate a marketing plan for a new venture
- 114596 Research the viability of new venture ideas and opportunities
- 242819 Motivate and build a team Electives: Business mathematics – optionally trained
- 7468 Use mathematics to investigate and monitor financial aspects
- 9015 Apply knowledge of statistics and probability
- 9016 Represent and calculate shape and motion in 2D and 3D space Electives: Business