Real Estate qualifications

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Real Estate qualifications
PROGRAMME
LEVEL
National Certificate
First year
In terms of the South African Council for the Property Valuers
Profession Act 47 of 2000, a person who wishes to qualify
for registration as either a professional associate valuer or
professional valuer must:

pass the examinations as prescribed or recognised by the
SA Council for the Property Valuers Profession

in the case of the valuer, have practical experience of
work done in property valuation - that is, in the opinion
of the Council, experience of adequate variety and of a
satisfactory nature and standard and, in the case of an
associated valuer, in the opinion of the Council sufficient
for intended registration.
Contact the SA Council for the Property Valuers Profession for
further requirements and information.
Candidates who enrol for this course for the first time and
intend to apply to register as a professional associate valuer in
future must register simultaneously with the SA Council for
the Property Valuers Profession as a candidate valuer. Only
valuation experience gained a�er registering with the Council as
a candidate valuer will be taken into account by the Council for
registration as a professional associate valuer.
The address is:
The Registrar
The SA Council for the Property Valuers Profession
PO Box 114
MENLYN
0063

CURRICULUM
Property Valuation I
Property Marketing I
Property Practice I
Property Economics and Finance I
and
Practical Valuation (experiential
training) – only for learners who
want to specialise in property
valuation
National Higher
Diploma

Second year Property Economics and Finance II
Principles of Property Law
Any one of the following combinations:
Property Valuation II & Law on
Property Valuation
Property Marketing II & Law on
Property Marketing
Property Practice II & Law on
Property Practice
National Diploma
Third year
Property Economics and Finance III
Any one of the following:
Property Valuation III
Property Marketing III
Property Practice III
Fourth year
Property Economics and Finance IV
Research Methodology
Advanced Strategic Management IV
and any one of the following:
Property Valuation IV
Property Marketing IV
Property Practice IV
Mtech
Fi�h year
Research Project and Thesis
National Diploma: Real Estate
(Property Marketing/Property
Practice/Property Valuation)
(Code: NDREE)
1
Admission requirements
National Senior Certificate or equivalent qualification. Please refer to
the General Rules and Information, Part 1, for more information on
admission, registration and examination requirements.
Notes
2


Mathematics, Accountancy and Economics at matriculation level
are recommended.
We recommend that students enrol for QMG101P. Students need
only Standard 7/Grade 9 Mathematics to enrol for this course.
NB
The information below applies only to Property Valuation.
It is suggested that students register with the SA Institute of
Valuers (SAIV) as student members. The particulars of the
different branches are given below.

plus any two of the following:
Property Valuation II
Property Marketing II
Property Practice II
Principles of Information Systems
Financial Accounting I
Btech
Tel.: (012) 348-8643/4/5
Fax: (012) 348-7528
Internet address: h�p://www.sacpvp.org.za
The addresses of the branches of the SAIV are as follows:
BRANCH
POSTAL
ADDRESS
TELEPHONE
FAX
SOUTHERN
PO Box 18041
WYNBERG
1804
(021) 762-3313
NORTHERN
PO Box 14331
HATFIELD
0028
(012) 342-9056/7 (012) 342-7574
KWAZULUNATAL
PO Box 362
DURBAN
4000
(031) 309-7431
(031) 309-1298
CENTRAL
PO Box 300
(051) 448-9431
BLOEMFONTEIN
9300
(051) 430-8815
EASTERN
CAPE
PO Box 5718
WALMER
6065
(041) 484-1669
(041) 582-2560
(021) 797-2235
The Internet address is: h�p://www.saiv.org.za
Different branches award prizes to student members of the SAIV who
achieve the highest marks in Property Valuation I, II and III in the
specific branches.
3



The South African Institute of
Valuers National Bursary Fund
The student must at least have successfully completed the First
year and be entering the Second year or Third year of study.
The recipient must be studying towards a property valuation
qualification.
The student should not be in receipt of any study allowance,
grant, donation or another bursary.
83






The student must be in need of financial assistance.
The recipient must be registered as a candidate with the SA
Council for the Property Valuers Profession.
The student must be registered with a recognised educational
institution.
The following documents must be a�ached to the application:

Proof of registration with an educational institution

Account for the fees

Academic progress report/results of the previous year/s

Registration as candidate valuer
The completed application must be submi�ed to the student’s
branch executive for their consideration and recommendation.
The bursary will be paid directly to the educational institution
once awarded for the credit of the student’s account.
Employment opportunities in
real estate
4
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










Property valuers in the private sector
Department of Public Works
Department of Land Affairs
Transnet
The SA Post Office and Telkom
Provincial administrations (roads & works)
Local authorities
Water and electricity utility institutions
Mining houses
Property investment organisations
Property developers
Estate agents
Financial institutions
CURRICULUM
CODE
PREREQUISITE/NOTE
First year
CURRICULUM
National Higher Certificate: Real Estate
Programme outcomes
The competent learner will be multiskilled in real estate, addressing
the market-related needs of the real estate industry and specialising
in property marketing or property practice or property valuation.
The qualified person would be able to register with the Estate Affairs
Board and will be exempted from the Board’s examination.
Property Marketing
6.
Property
Marketing II
(Marketing
of Residential
Property)
PMA291V
7.
Principles of
Property Law
PPL131U
8.
Property
Economics and
Finance II
(Introduction
to Property
Economics)
PEF281Z
9.
Law on Property
Marketing
LPM141P
Property Practice
6.
Property Practice II PPR241X
(Property
Management:
Part 1)
7.
Principles of
Property Law
PPL131U
8.
Property
Economics and
Finance II
(Introduction
to Property
Economics)
PEF281Z
9.
Law on Property
Practice
LPP151T
Programme outcomes
1.
2.
Property
Valuation I
(Introduction
to Property
Valuation)
PVA141X
Property
Marketing I
(Introduction
to Property
Marketing)
PMA151W
3.
Property Practice I PPR161S
(Building Practice)
4.
Property
Economics and
Finance I
(Introduction to
Time Value of
Money)
5.
84
PEF171Y
Practical Valuation PVL301P
(experiential
learning)
PREREQUISITE/NOTE
Second year
National Certificate: Real Estate
The competent learner will be able to apply a practical and theoretical
grounding in all the basic aspects of real estate.
CODE
Property Valuation
6.
Property
Valuation II
(Principles
of Property
Valuation)
PVA201U
7.
Principles of
Property Law
PPL131U
8.
Property
Economics &
Finance II
(Introduction
to Property
Economics)
PEF281Z
9.
Law on Property
Valuation
LPV161A
Recommended prerequisite
subject: Mathematics (Grade 12)
Only learners who want to
specialise in property valuation
must register for this subject.
Prerequisite: Property Economics
and Finance I
CURRICULUM
CODE
PREREQUISITE/NOTE
CODE
National Diploma: Real Estate (NDREE)
Programme outcomes:
The qualifying learner will be multiskilled in real estate and able
to provide property marketing or property practice or property
valuation services to the community, under supervision of a
professional or independently where required, thus contributing to
the property marketing or property practice or property valuation
needs of both rural and urban societies. The qualified person would
register with the South African Council for the Property Valuers
Profession.
Property Marketing
& Property
13. Valuation II
(Principles
of Property
Valuation)
Property
Marketing II
(Marketing
of Residential
Property)
PVA201U
Principles of
Information
Systems:
PVA201U
Prerequisite: Property Economics
and Finance I
Property Practice II PPR241X
(Property
Management:
Part 1)
Principles of
Information
Systems:
Both modules (theoretical
and practical) must be
passed before a credit can
be obtained for the subject.

Students who register for
this subject must have
access to a computer,
printer and the necessary
hardware and so�ware (±
2 hours per week).

Learner support centres
are available in some
regions. Please contact
your nearest regional
office to determine if such
a centre is available in
your region.
The course uses Computer
Based Training material; access
to a Personal Computer is
compulsory.

Module A:
Theoretical
Module B:
Practical
BIS111P
Financial
Accounting I:
Module 1
Module 2
Both modules must be passed
before a credit can be obtained
FAC1M1X for the subject.
FAC1M2X
BISPRAC
Both modules (theoretical
and practical) must be
passed before a credit can
be obtained for the subject.

Students who register for
this subject must have
access to a computer,
printer and the necessary
hardware and so�ware (±
2 hours per week).

Learner support centres
are available in some
regions. Please contact
your nearest regional
office to determine if such
a centre is available in
your region.
The course uses Computer
Based Training material; access
to a Personal Computer is
compulsory.

PMA381Q
12. Any TWO of the following:
Prerequisite: Property Economics
and Finance I
PMA291V
11. Property
PEF361V
Economics and
Finance III
(Property Finance)
& Property
13. Valuation II
(Principles
of Property
Valuation)
PREREQUISITE/NOTE
12. Any TWO of the following:
Third year
10. Property
Marketing III
(Marketing of
Commercial
and Industrial
Property)
CURRICULUM
Module A:
Theoretical
Module B:
Practical
BIS111P
Financial
Accounting I:
Module 1
Module 2
Both modules must be passed
before a credit can be obtained
FAC1M1X for the subject.
FAC1M2X
BISPRAC
Property Valuation
10. Property
PVA371W
Valuation III
(Property
Valuation for
Expropriation and
Special purposes)
11. Property
PEF361V
Economics &
Finance III
(Property Finance)
12. Any TWO of the following:
& Property Practice II PPR241X
13. (Property
Management:
Part 1)
Property
Marketing II
(Marketing
of Residential
Property)
PMA291V
Property Practice
10. Property Practice III PPR391B
(Property
Management:
Part 2)
11. Property
PEF361V
Economics and
Finance III
(Property Finance)
85
CURRICULUM
CODE
Principles of
Information
Systems:
Both modules (theoretical
and practical) must be
passed before a credit can
be obtained for the subject.

Students who register for
this subject must have
access to a computer,
printer and the necessary
hardware and so�ware (±
2 hours per week).

Learner support centres
are available in some
regions. Please contact
your nearest regional
office to determine if such
a centre is available in
your region.
The course uses Computer
Based Training material; access
to a Personal Computer is
compulsory.

Module A:
Theoretical
Module B:
Practical
BIS111P
Financial
Accounting I:
Module 1
Module 2
Both modules must be passed
before a credit can be obtained
FAC1M1X for the subject.
FAC1M2X
BISPRAC
Baccalaureus Technologiae: Real Estate
(Property Marketing/Property
Practice/Property Valuation)
(Code: BTRLS)
Admission requirements
1
National Diploma: Real Estate (Property Marketing/Property Practice/
Property Valuation) or equivalent applicable qualification with Property
Economics and Finance II and III.
Programme outcomes
2
The qualifying learner will be able to independently provide and
manage specialised property marketing or property practice or property
valuation services to the community, thus contributing to the real estate
needs of both rural and urban societies.
CURRICULUM
1.
2.
3.
86
CODE
PREREQUISITE/NOTE
Property
Economics
and Finance
IV (Property
Investment):
Module A: Theory PEF4M1Z
Module B:
PEF4M2Z
Research Project

Advanced
Strategic
Management IV:
Module A:
Strategic
Management
Module B:
Management IV:
Real Estate
Concurrent registration for
both modules AST411A and
AST451E is essential and both
modules must be passed before
a credit can be obtained for the
subject.
Research
Methodology
AST411A
AST451E
RME101Q
CURRICULUM
PREREQUISITE/NOTE

Prerequisite: Property
Economics & Finance
III and Research
Methodology
Both modules must be
passed before a credit can
be obtained for the subject.
CODE
PREREQUISITE/NOTE
The following subject must be taken for specialisation
in Property Marketing/Property Practice/Property
Valuation:
Any ONE of the following:
4.
Property

Marketing IV
(Property
Marketing

Research):
Module A: Theory PMA4M1Y
PMA4M2Y
Module B:
Research Project
Property Practice IV PPR451H
(Property
Development)
Prerequisite: Property
Marketing III and
Research Methodology
Both modules must be
passed before a credit
can be obtained for the
subject.
Prerequisite: Property Practice III
Property

Valuation IV
(Advanced
Property Valuation

and Development
Appraisals):
Module A: Theory PVA4M1Q
PVA4M2Q
Module B:
Research Project
Prerequisite: Property
Valuation III and Research
Methodology
Both modules must be
passed before a credit
can be obtained for the
subject.
Magister Technologiae: Real Estate
(Property Marketing/Property
Practice/Property Valuation)
(Code: MTRLS)
NB
This instructional programme comprises a research project only provided that
you have already passed an instructional offering in research methodology.
1
Admission requirements
Baccalaureus Technologiae: Real Estate (Property Marketing/Property
Practice/Property Valuation) or equivalent applicable qualification.
2
Programme outcomes
The qualifying learner will be able to independently do and manage
real estate research under supervision of a professional specialising in
property marketing or property practice or property valuation, thus
contributing to the real estate needs of both rural and urban societies.
Notes
3
This programme comprises a thesis only.
In their theses, students must prove that they understand a particular
problem in the industry in which they have done research, are able to analyse
and set it out logically, are able to arrive at logical conclusions or a diagnosis,
and are then able to make proposals for the improvement/elimination of
the problem. The thesis must comply with the normal general technical
requirements and rules with regard to scope, quality and layout.
4
Contact persons
For further information contact (011) 471-2287 or (011) 471-3102 before
registration.
CURRICULUM
CODE
PREREQUISITE/NOTE
Provisional
RLS5P1M
registration:
Research proposal
Preparation and finalisation
of research proposal. This
registration is valid for one year.
Official
registration:
Research project
and dissertation
RLS501M
To be registered for a�er
approval of research proposal.
This registration is valid for one
year.
Reregistration:
Research project
and dissertation
RLS5H2M To be reregistered if research
project has not been finalised
during period of official
registration.
CURRICULUM
5.
National Diploma: Safety
Management
(Code: NDSMN)
Module A:
Theoretical
Module B:
Practical
Admission requirements
1
National Senior Certificate or equivalent qualification (preferably
students who are already employed in the industry or mine
environment). Please refer to the General Rules and Information, Part
1, for more information on admission, registration and examination
requirements.
Programme outcomes
2
Both modules (theoretical
and practical) must be
passed before a credit
can be obtained for the
subject.

Students who register for
this subject must have
access to a computer,
printer and the necessary
hardware and so�ware (±
2 hours per week).

Learner support centres
are available in some
regions. Please contact
your nearest regional
office to determine if such
EUC131T
a centre is available in
your region.
EUCPRAC The course uses Computer
Based Training material; access
to a Personal Computer is
compulsory.

6.
Occupational
OHS201S
Health and Safety
Law II
7.
Safety Principles
and Practice II:
Theory
SPP201S
Both modules must be passed
before a credit can be obtained
for the subject.
Practical
SPPPRAC


Career opportunities
3
Loss control officers
Practising safety/loss control experts
Training officers in loss control
Management posts in security/loss control
Safety managers
Risk control managers
CURRICULUM
CODE
This module is available
for exemption purposes
only.
A compulsory course in
training techniques (e.g.
coaching for learners, or
similar course) must also
be completed before a
credit can be obtained for
this module.
8.
The Personnel
Function
PEF131V
9.
Business
Management I:
Module 1
Module 2
Both modules must be passed
before a credit can be obtained
BSM1M1P for the subject.
BSM1M2P
PREREQUISITE/NOTE
First year
Third year
1.
Occupational
OHS101S
Health and Safety
Law I
10. Occupational
OHS301S
Health and Safety
Law III
2.
Safety Principles
and Practice I
11. Safety
Management III
SMN301S
3.
Risk Management I RMN111Z
FMV151Q
4.
Language and Life
Both modules must be passed
Skills I:
before a credit can be obtained
Module 1
LSK1M1C for the subject.
Module 2
LSK1M2C
12. Financial
Management I
13. Quantitative
Techniques I
QTC171R
SPP101S
PREREQUISITE/NOTE
Second year
(Exit level: National Higher Certificate)
This course is aimed at candidates who are interested in or who are
already practising the managing of risks, SHE (safety, health and
environmental) aspects or financial administration of the safety budget
in an organisation.






End-user
Computing I:
CODE
Prerequisite: Safety Principles &
Practice II
Baccalaureus Technologiae: Safety
Management
(Code: BTSMN)
1
Admission requirements
National Diploma: Safety Management or equivalent qualification
with Safety Management III or Mining Loss Control III/Industrial Loss
87
Control III and Safety Management Law III/ Occupational Health and
Safety Law III.

Programme outcomes
2
This course is aimed at candidates who are interested in or already
practising in the field of safety and risk or who will specialise in
managing all the risks, safety/risk audits, incident costs as well as the
environmental aspects in an industry or mine.
Career opportunities
3


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


Managing loss control officers
Managing practising security/loss control experts
Managing training officers in loss control
Management posts in security/loss control
Managing safety personnel
Managing the risk control function
CURRICULUM
1.
Safety
Management IV
2.
Advanced
Strategic
Management IV:
Module A:
Strategic
Management
Module B:
Strategic Safety
Management
CODE
SMN401S
AST411A
AST431C
3.
Research
Methodology
4.
Risk Management RSM271Z
II
PREREQUISITE/NOTE
Prerequisite: Safety Management
III or Mining Loss Control
III/Industrial Loss Control III
and Safety Management Law
III/ Occupational Health and
Safety Law III; and Research
Methodology.
Concurrent registration for
both modules AST411A and
AST431C is essential and
both modules must be passed
separately before a credit can be
obtained for the subject.
RME101Q
National Diploma: Small Business
Management (Phasing out)
(Code: NDSBMN)


1
NB
This diploma will be phased out from 2006. No first registrations will
be allowed. Students may convert to the revised diploma and apply for
credit transfers for similar subjects already passed.
If this is your first experience of studying via distance education, it is
strongly recommended that you register for a maximum of only two
subjects in your first year of study.
Admission requirements
3
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88
Experiential learning
Experiential learning has only recently been implemented at
Unisa. Information regarding experiential learning will be
conveyed to a student. The onus of securing a placement for
Note

The National Diploma consists of thirteen subjects. Seven of the
subjects are compulsory:
Small Business Management I, II and III
Credit Control I
Communication I
Administrative Management I
Small Business Practice (experiential learning)

The optional major subject, which must be taken up to third-year
level, must be chosen from the list of optional subjects.
A further three optional subjects must be chosen from the list of
optional subjects.
Students could qualify to register for the Baccalaureus
Technologiae: Business Administration a�er completion of
this diploma (refer to the curriculum of the Baccalaureus
Technologiae: Business Administration for more information on
the Admission requirements and curriculum).


4
Programme outcomes
The qualifying person will be able to do the following:

Individually develop and manage an SMME and/or a section of a
department in an existing SMME and/or share expert knowledge

Apply the principles of marketing

Render services related to the marketing and leasing of
commercial and industrial properties and the management of an
estate agency

Administer properties (practice property management)

Manage production

Ensure organisational effectiveness

State the basic principles of industrial relations and industrial law

Apply principles of cost and management accounting

Perform administrative tasks in an administrative office

Develop a holistic overview and understanding of the
establishment and functioning of an enterprise
5


National Senior Certificate or equivalent qualification. Please refer to
the General Rules and Information, Part 1, for more information on
admission, registration and examination requirements.
2
experiential learning is on the student, although the University
will assist you wherever possible.
There is no wri�en examination in this subject. An oral
examination is conducted by way of presenting a business plan
for a proposed new enterprise before a panel of evaluators.
This panel is composed of the examiner, the moderator, a
representative from a financial institution and an expert in the
field of the proposed enterprise.
6
Additional information
The current list of optional subjects offered by Unisa can be
combined successfully with Small Business Management.
Students who want to start their own business and have a
specific field of interest must choose an appropriate major
subject and optional subjects. For example, students interested
in the building industry (construction company) or a marketing
business, e.g. an advertising agency, can choose either Property
Practice or Marketing as a second major subject.
Knowledge of small business management and the related
fields of enterprise will be acquired simultaneously from the
combination of major subjects. Subjects may also be chosen to
supplement your existing skills and knowledge.
Career opportunities
The National Diploma: Small Business Management incorporates
entrepreneurship, which is central to the whole course.
On completion of this course, you can follow any of the following career
paths:

Start, manage and grow your own business enterprise

Work in an existing business enterprise

Be a business consultant

Be a business training consultant

Be a small business development officer in the public and/or
private sector

Manage and initiate growth in an existing business enterprise
Contact person
7
For further enquiries contact th administrative officers at (011) 471-2620
or (011) 471-3674.
CURRICULUM
CODE
PREREQUISITE/NOTE
First year
(Exit level: National Certificate)
1.
Small Business
Management I:
Both modules must be passed
before a credit for the subject can
be obtained.
Module A:
SBM111A
Entrepreneurship
and How to
Establish your
Own Business
Module D:
Management of a
Small Business
SBM141D
2.
Credit Control I
CCT131Y
3.
An optional level
I major subject
chosen from the
list of optional
subjects. This
subject must
be taken in the
second and
third years as an
optional major
subject.
4.
Communication I CBA111P
5.
Any ONE choice subject from the list of optional subjects
CURRICULUM
Small Business
Management II:
Both modules must be passed
before a credit for the subject can
be obtained.
Any TWO of the following:
Module B:
SBM121B
Basic Principles
of Financial
Management for a
Small Business
PREREQUISITE/NOTE
Module H:
SBM161H
Human Resource
Management for a
Small Business
7.
Administrative
Management I
8.
Any level II major subject chosen from the list of optional subjects
9.
Any ONE optional subject from the list of optional subjects
ADB121S
Third year
10. Small Business
Management III
SBM361V
11. Small Business
Practice
(experiential
training)
SBP301S
Refer to notes on experiential
learning.
12. Any level III major subject chosen from the list of optional subjects
13. Any ONE additional subject from the list of optional subjects
Optional subjects:
1.
Marketing I
MAR111Y
2.
Marketing II
MAR221U
3.
Marketing III
MAR332S
4.
Property
Marketing I
(Introduction
to Property
Marketing)
PMA151W
5.
Property
Marketing II
(Marketing
of Residential
Property)
PMA291V
6.
Property
Marketing III
(Marketing of
Commercial
and Industrial
Property)
PMA391Z
7.
Property Practice I PPR161S
(Building Practice)
8.
Property Practice II PPR241X
(Property
Management:
Part 1)
9.
Property Practice III PPR391B
(Property
Management:
Part 2)
Second year
(Exit level: National Higher Certificate)
6.
CODE
10. Personal Selling I
PSS161Z
11. Production
Management I
PRD121X
Module C:
Marketing for a
Small Business
SBM131C
12. Organisational
Effectiveness I:
Module 1
Module 2
Both modules must be passed
before a credit for the subject can
ORE1M1M be obtained.
ORE1M2M
Module E: How
to Franchise Your
Own Business
SBM151E
13. Labour Relations
and Law II
LRL241P
14. Costing and
Estimating
CES181T
Module K:
SBM111K
Entrepreneurship
and
Entrepreneurial
Skills
89
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