Services SETA (SSETA)Services SETA (SSETA)

Services Sector Education and Training Authority (SSETA) was established in 2000 in terms of the Skills Development Act of 1998 with the task of disbursing training levies paid by employers.  These monies are collected by the South African Revenue Service (SARS) via the Department of Higher Education and Training (DHET).  SSETA identifies required skills and disburses grants accordingly.  Services SETA is also responsible for accreditation of qualifications, training providers and for issuing certificates of competency to successful candidates.

Discretionary Grants

Learnerships are formally registered with the Department of Labour and contain both practical (70%) and theoretical (30%) components leading to a full qualification over a period of 12 months.  The learner must be in the employ of an estate agency firm with a designated mentor to be able to complete his practical component. The mentor is, usually the principal estate agent.  The theoretical component must take place in a classroom normally over a period of days every month, to be defined by the accredited training provider.

Learnership grants take the form of two differing types in the real estate industry. 18.1 and 18.2

Learnership Grant 18.1

This grant can be awarded to a learner who is currently employed as an estate agent and holds a valid Fidelity Fund Certificate (FFC).  There is no discrimination against any race group. While SSETA does favour black candidates, a company may motivate a non-black application.  Black is defined as Black; Black Asian; Black Coloured.

SSETA will either pay the host (estate agency) or the provider (an accredited training provider such as PropAcademy) or the lead generator (recruiting officer) in tranches to the value of R18 000 as a learner progresses through the training.  The host agency may claim a tax rebate.

Learnership Grant 18.2

An 18.2 grant can only be issued to an unemployed black person under 35 years of age.  SSETA will either pay the host or the provider or the lead generator in tranches to the value of R18 000 as the learner progresses through the training.  SSETA also pay the learner a monthly stipend of R1 500 per month over the 12-month learnership period.  The host agency may claim a tax rebate.

Tax Rebates

The estate agency that employed the learner as an estate agent in the firm is entitled to claim a tax rebate in the year that the learner is registered through Services SETA and again in the year that the learner exits the programme on the SSETA platform.  The rebate per learner is approximately R60 000:  R30 000 on entering and R30 000 on exiting.  These rebates are deducted from tax due by the firm in that tax year and cannot be rolled over.  The rebate amounts differ as SARS tax tables adjust.   The claimant’s accountant will complete the necessary SARS documentation.

Providers of Learnership Grants

PropAcademy is an accredited training provider to SSETA and is able to effectively deliver learnerships.  Most training providers are paid by the host who in turn claims the grant from SSETA.

Further Education and Training: National Qualification Forum Level 4: Real Estate (NQF4)

The NQF4 Real Estate qualification is spread throughout Africa, as well as South Africa.  Applicants must have two South African languages (literacy), and mathematics at NQF3 level.  The qualification carries 150 South African Qualification Association (SAQA) credits and requires that 30% of the notional 1 500 hours are theory.

Further Education and Training: National Qualification Forum Level 5: Real Estate (NQF5)

Candidates for NQF5 must have a NQF4 Real Estate or equivalent qualification.  NQF5 Real Estate carries 130 SAQA credits.

NQF Competency Certificates

Once you have completed your course and your training provider has found you competent, you are placed in a group with other candidates who have also competed their course.  This group is then internally moderated by the training provider, meaning that 25% of the group’s files are moderated and found competent.  Once completed and loaded onto the SSETA platform, the provider requests a verification date from SSETA who visit their offices and provide a competency report.  Ninety days thereafter, SSETA issues the training provider with competency certificates for each learner.  Services SETA will only liaise with the training provider, not the learner.

PropAcademy is an accredited Service Provider to SSETA as well as an Accredited RPL Assessment Centre.

Browse our full range of accredited real estate agent courses here.

 

Estate Agent Courses

R2990 ex VAT
Intern Logbook Portfolio of Evidence Course

Intern Logbook Portfolio of Evidence Course

Real Estate legislation requires all new estate agents to produce a Portfolio of Evidence (PoE) over a 12 month period, which will reflect their practical experience and knowledge that they gained during their first year at work. PropAcademy’s innovative, online PoE course can help you get it right, the first time.

See more...

R6500 ex VAT
Real Estate NQF Level 4 Course

NQF Level 4 Real Estate Course

Real Estate legislation requires all Intern Estate Agents to progress to Full Status Agents after their first year of trading. To become a Full Status Agent you must complete your NQF4 and then your PDE4. PropAcademy’s innovative NQF4 course can help you get it right, the first time.

See more...

R650 ex VAT
Professional Designated Exam Level 4 Course - PDE4

Professional Designated Exam Level 4 Course (PDE 4)

Real Estate legislation requires all estate agents to be found competent by the Estate Agents Affairs Board in the PDE 4 exam before they can be issued with a full status fidelity fund certificate. PropAcademy’s online PDE4 course can help you get it right, the first time.

See more...

« » page 1 / 3



CPD Courses

R280 ex VAT
Success is Acheivable CPD Course

Success is Achievable Non-Verifiable CPD Course

This online non-verifiable CPD course covers the decisions a winner makes to win and achieve pre-set goals. The course includes video, supporting reading material and a multiple choice quiz, and will earn you 1 point in the Personal Development category.

See more...

R280 ex VAT
Make Stress Work for You CPD Course

Make Stress Work for You Non-Verifiable CPD Course

Course includes 9 articles by Harvard Business Review and one by Dr M Lamb. The content is authentic and interesting, giving you a good understanding of how to manage stress in all aspects of your life, and how to detect and manage it in your co-workers.

See more...

R280 ex VAT
Time Management Course

Time Management Non Verifiable CPD Course

In this online Time Management CPD Course you will learn the ten golden rules of time management applicable to the real estate industry, as well as how to manage your clients, your staff and yourself. The course will earn you 1 CPD Point in the personal development category.

See more...

« » page 1 / 3