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Real Estate is Leading the Way in SSETA Digital Strategy

Real Estate is Leading the Way in SSETA Digital Strategy

In a move that reflects the Services SETA’s determination to embrace the benefits of the fourth industrial revolution, SSETA is launching its first ever online learning program this month in association with Durban-based real estate elearning provider, PropAcademy.

This pilot programme, which forms part of the SSETA’s eLearning Adoption Project, will enable 15 real estate students to complete a four-week course in property valuations from the comfort and convenience of their homes or offices at a time that suits their busy schedules.

The course, which carries 12 SAQA credits, was compiled by PropAcademy and incorporates a range of elearning materials including videos and webinars. Students will be able to access the course via the SSETA’s Learner Management Information System (LMIS); and their work will be assessed and moderated by PropAcademy’s team of real estate training professionals. The LMIS is an online interactive platform where learners will be issued with their own portals where they can complete their course, answer questions and upload required evidence and documents.

The project is headed by Tumelo Ngwako, acting accreditation manager at SSETA and head of its elearning implementation committee. Dumisani Zinondo, from ImplementX Analytics whose expertise includes aiding and implementing elearning strategies and solutions, has been appointed to lead the project. ImplementX Analytics work closely with Xenothan Hojem of Synrgise who runs the learning platform.

The project is part of the SSETA’s quest to continuously improve its value proposition to its stakeholders. The aim of this pilot project is to transition the capabilities of the Services SETA to an operating model that includes accredited elearning or online learning programmes.

Real estate professionals work long and variable hours and this type of learning will benefit them enormously with the convenience and accessibility that online learning provides. SSETA is therefore kicking off the initiative with a pilot project in the real estate industry.

PropAcademy CEO Janet Alexander said the company was honoured to have been selected to partner SSETA in this new and exciting venture.

“As a South African pioneer in the provision of online courses for real estate professionals, including those aimed at qualifications regulated by the Estate Agency Affairs Board, PropAcademy has seen the popularity of online learning explode within the industry. We are therefore delighted with the brave progressive decision by SSETA to investigate the potential of eLearning. We have seen first-hand how it increases access to training and advancement for all individuals, including those living outside the major metropolitan areas where most on-site training courses take place,” she said.

How to Qualify as a Full Status or Principal Real Estate Agent

Qualification Process for Real Estate Agents

It is quite a daunting process understanding real estate education regulations in South Africa, and the set qualifying process.  We are going to do our best to set this out for you in a way that you can easily understand the steps, and why they have been implemented.

Prior to 2008 estate agents were required to write an exam set by the EAAB, and that was it.  The EAAB was formed to regulate the conduct of estate agents.  The EAAB was established in 1976 in terms of the Estate Agency Affairs Act 112 of 1976 (‘the Act”), with the mandate to regulate and control certain activities of estate agents in the public interest.

The EAAB regulates the estate agency profession through ensuring that all persons carrying out the activities of an estate agent as a service to the public are registered with the EAAB. A Fidelity Fund Certificate, which is to be renewed each year is issued as evidence of such registration and confirmation that such person is legally entitled to carry out the activities of an estate agent.

South African Qualifying Association (SAQA) is the body that issues qualifying certificates from school to Doctorates.  ServiceSETA (SSETA) falls under SAQA and controls the NQF4 and NQF5 real estate qualifications.

Here is a high-level overview of each step. Should you want additional or detailed information about any aspect of the process, simply click on the links provided.

The Qualifying Process – Step-by-Step

Step 1: Preparing for the Journey

Before you can study to become a qualified estate agent, you must:

Step 2: First Steps – Intern logbook

  • Start your intern logbook. This must be completed in 12 months. Click here for details of how PropAcademy can help you to meet this deadline. If you miss the deadline, you may find yourself facing disqualification, having to start all over again.
  • You can check your due date for submission of your logbook by logging in to the EAAB portal and clicking on “Qualification Status”.

Step 3: NQF4

To become a full status real estate agent, you must be competent in the outcomes-based NQF Level 4 Real Estate requirements as set out by the SSETA and be found competent in your PDE4 exam.

  • Check whether you qualify for NQF4 exemption. Click here to check your qualification against the EAAB Matrix. If you think you qualify for exemption, apply for this (this can take two months).
  • If you are not exempt, determine whether you need to complete:

If you are doing the NQF4 or the NQF4 RPL course, and cannot provide proof that you have passed Mathematics and a 2nd South African language at a Matric level, then you will need to purchase the relevant bridging courses through PropAcademy. The NQF Level 3 Functional Mathematics Course and/or the NQF Level 3 Literacy Course.

Step 4: Professional Designated Exam Level 4 (PDE4)

To become a Full Status estate agent, you must write and pass the EAAB’s PDE4 exam.

This is a 4-hour open book exam written through the EAAB. Check the next exam date by clicking here. Bookings for this exam open 6 weeks prior.

  • As soon as you receive your NQF4 competency certificate from SSETA, book for your PDE4 exam with the EAAB.
  • Brush up on the knowledge you will require to pass the exam, this course has maintained it’s 100% pass rate.
  • Write and pass this exam.
  • Go out and celebrate – you are now a Full Status Estate Agent!

Step 5: CPD Points

To maintain your status, you will need to earn CPD points. Click here for details about the CPD process and complete your non-verifiable CPD points online by registering here.

Step 6: Achieve Principal Status – NQF5

To become a Principal Property Practitioner, you must be found competent in NQF5 Real estate. You do not have to have written your PDE4 exam to begin your NQF5 studies, however this exam must be completed. To start your NQF5 studies you must have completed your NQF4.

  • Check whether you qualify to be exempt from NQF5. Click here to check your qualification against the EAAB Matrix. If you think you qualify for exemption, apply for this (this can take two months).
  • If you are not exempt, determine whether you need to complete:
  • Another celebration is called for – you are now a Principal Property Practitioner! Just one more step to go to maintain your status…

Step 7: Professional Designated Exam Level 5 (PDE5)

Your journey is coming to an end. Armed with your NQF5, you have just two years to write and pass your PDE5 to maintain your Principal Status. Bookings for this exam open 6 weeks prior.

  • Check the next exam date by clicking here and book your seat through the EAAB.
  • Brush up on all your real estate knowledge to sit for the four-hour PDE5 exam. Our 100% pass rate is still intact.
  • Write and pass your PDE5 exam
  • Your journey is complete

EAAB & ServicesSETA Qualification Process Infographic

To make it a little easier for you to keep track of the qualification process, we’ve put together this handy infographic which you are welcome to download, print and share.

Real Estate Qualifications Flow Chart

Click the image above to download and save it to your computer or print it out so you can refer to it at any time.

The Qualifications Flow Chart | Who is PropAcademy? | How to Register for a Course | Enter the Lucky Draw

Hint: Read our blog – it contains interesting hints and tips. For more detailed information, download our eBook “Estate Agents Affairs Board (EAAB) & ServicesSETA (SSETA) Qualification Guide”.

We hope this makes the EAAB & ServiceSETA qualification process for real estate agents a little easier to follow, but if you have any questions, please post them in the comments below or contact us and we’ll gladly assist you on your path to becoming a qualified estate agent. And if you found this guide helpful, please like and share it with your friends and colleagues.