Real Estate Agent (Occupation Code : 333402)
Career Media
Description
Real estate agents arrange the sale, purchase, rental, lease and management of immovable property or business interest on behalf of clients for remunerationTasks
Gathering a thorough knowledge of the property market, particularly in the assigned working area.Appraising properties, setting prices for rental or sale, advertising the ‘for sale’ and ‘for rent’ properties that are on the estate agency books, and sitting at ‘show houses’ which are viewed by prospective buyers over weekends.
Liaising with new clients and discussing in detail what they want in a property.
Taking prospective buyers or tenants to a number of suitable properties and explaining the terms of sale or conditions of rent or lease.
Negotiating contracts with buyers and sellers, and arranging signing of lease agreements and transfer of property rights.
Meeting with other estate agencies.
Learning and keeping up to date with municipal and tax laws.
Being available to both parties (buyers and sellers) at all times.
Alternate Occupation Names
Rental Agent
Property Analyst / Consultant / Dealer / Developer
Real Estate Consultant
Leasing Agent (Buildings)
Real Estate Referral Coordinator
Rental Property Consultant
Leasing Consultant
Learning Pathways
Learnership 1
Step 1 : Admission requirements
- Further Education and Training Certificate (NQF 2,3 & 4)
Step 2 : Learnerships
- Learnership - Property Practitioner Level 4
The Learnership - Property Practitioner requires that you are an employee of an Estate Agency with at least one registered Full Status or Principal Estate Agent with more than three years' of work experience, acting as a mentor. In addition you need to be registered with the Estate Agency Affairs Board (EAAB) as an Intern Estate Agent. Maintaining a signed Portfolio of Evidence is an important part of this learnership. Completion of the learnership provides you with a Further Education and Training Certificate (FETC) in Real Estate (Level 4).
Step 3 : Final assessment
- Professional Designation Examination for Non-Principal Estate Agents (PDE 4)
Before you can register with the EAAB as a Full Status Estate Agent you need to pass the Professional Designation Examination for Non-Principal Estate Agents (PDE 4). The FETC: Real Estate Level 4 as well as the signed Portfolio of Evidence are requirements for admission to the PDE 4.
Step 4 : Designation
- Designation: Full Status Estate Agent
This designation is awarded by the Estate Agency Affairs Board (EAAB). A designation is a title that professional persons may use (write behind their name) to indicate that they are fully qualified in a certain professional field and are registered with a professional body to practice in that field. It also indicates that the person subscribes to the code of conduct of that professional body.