NZQA registered unit standard 4697 version 6 Page 1 of 4 Title Facilitate performance of employees and contractors in real estate firms Level 5 Purpose Credits 5 This unit standard is for people who intend to operate as branch managers or agents in the real estate industry. People credited with this unit standard are able to: – make agreements on performance objectives and rewards with staff in real estate firms; – develop a business plan that underpins performance management of staff; – identify and describe key negotiation processes, leadership styles, and motivational approaches, to be applied in performance management; – appraise the performance of staff; – identify and analyse performance problems and explain methods to improve performance through coaching and mentoring; and – outline a training programme for staff. Classification Real Estate > Real Estate Management Available grade Achieved Explanatory notes 1 References Employment Relations Act 2000; Fair Trading Act 1986; Health and Safety in Employment Act 1992; Holidays Act 2003; Human Rights Act 1993; Privacy Act 1993; Real Estate Agents Act 2008; and all subsequent amendments and replacements. 2 Definitions Industry requirements mean all actions must comply with relevant professional body standards, legislation, codes of professional conduct and client care, and approved guides. Legislation is available from http://www.legislation.govt.nz and codes of professional conduct and client care, and approved guides are available from http://www.reaa.govt.nz. Leadership styles mean the different approaches, or 'styles' to leadership and management that individuals use based on a combination of their beliefs, values and ElectroTechnology industry Training Organisation SSB Code 100401 New Zealand Qualifications Authority 2016 NZQA registered unit standard 4697 version 6 Page 2 of 4 preferences, as well as the organisational culture and norms which will encourage some styles and discourage others. Performance management is the process of defining expectations for performance; measuring, evaluating, and recording performance relative to expectations; and providing feedback. Staff refers to both employees and contractors. 3 Assessment This unit standard must be assessed on the basis of evidence of demonstrated performance in the workplace or in simulated work situations designed to draw upon similar performance to that required in the workplace. Outcomes and evidence requirements Outcome 1 Make agreements on performance objectives and rewards with staff in real estate firms. Evidence requirements 1.1 Agreements concerning performance objectives, standards, and rewards sought by the parties are reached and implemented in accordance with industry requirements and are consistent with employment law. Outcome 2 Develop a business plan that underpins performance management of staff. Evidence requirements 2.1 Performance objectives selected are consistent with organisational objectives. Range performance objectives may include but are not limited to – appraisal targets, listing targets, cold calls targets, sales targets. Outcome 3 Identify and describe key negotiation processes, leadership styles, and motivational approaches, to be applied in performance management. Evidence requirements 3.1 Negotiation processes identified and described are consistent with organisational objectives and business plans. 3.2 Leadership styles are identified and described appropriate to individual requirements of staff. Range evidence of a minimum of two different leadership styles is required. ElectroTechnology industry Training Organisation SSB Code 100401 New Zealand Qualifications Authority 2016 NZQA registered unit standard 3.3 4697 version 6 Page 3 of 4 Motivational approaches are identified and described appropriate to individual requirements of staff. Range evidence of a minimum of two different motivational approaches is required. Outcome 4 Appraise the performance of staff. Evidence requirements 4.1 Performance appraisals are conducted with staff to evaluate performance in relation to established outcomes. Outcome 5 Identify and analyse performance problems and explain methods to improve performance through coaching and mentoring. Evidence requirements 5.1 The analysis identifies any performance problems for staff. 5.2 Methods used for analysis are explained in terms of identifying the performance issues for individual staff. Range 5.3 evidence is required of three different performance issues for an employee or a contractor. The provision of coaching and mentoring to improve identified performance problems is evaluated to establish whether it would meet the needs of the employer to improve performance of staff. Outcome 6 Outline a training programme for staff. Evidence requirements 6.1 A staff training programme is outlined in terms of the needs of staff to enable them to meet their individual employment terms. Range Planned review date staff training programme includes – a programme for salespersons, office or administration people, proper management and supervision of new salespersons. 31 December 2015 ElectroTechnology industry Training Organisation SSB Code 100401 New Zealand Qualifications Authority 2016 NZQA registered unit standard 4697 version 6 Page 4 of 4 Status information and last date for assessment for superseded versions Process Version Date Last Date for Assessment Registration 1 27 July 1995 31 December 2013 Revision 2 13 November 1997 31 December 2013 Review 3 19 January 1999 31 December 2013 Review 4 18 December 2006 31 December 2013 Review 5 12 February 2010 31 December 2013 Rollover and Revision 6 16 August 2012 N/A Consent and Moderation Requirements (CMR) reference 0003 This CMR can be accessed at http://www.nzqa.govt.nz/framework/search/index.do. Please note Providers must be granted consent to assess against standards (accredited) by NZQA, before they can report credits from assessment against unit standards or deliver courses of study leading to that assessment. Industry Training Organisations must be granted consent to assess against standards by NZQA before they can register credits from assessment against unit standards. Providers and Industry Training Organisations, which have been granted consent and which are assessing against unit standards must engage with the moderation system that applies to those standards. Requirements for consent to assess and an outline of the moderation system that applies to this standard are outlined in the Consent and Moderation Requirements (CMR). The CMR also includes useful information about special requirements for organisations wishing to develop education and training programmes, such as minimum qualifications for tutors and assessors, and special resource requirements. Comments on this unit standard Please contact the ElectroTechnology Industry Training Organisation at reviewcomments@etito.co.nz if you wish to suggest changes to the content of this unit standard. ElectroTechnology industry Training Organisation SSB Code 100401 New Zealand Qualifications Authority 2016