ESTATE AGENCY AFFAIRS BOARD

Equivalency/Exemptions Matrix for the Further Education and

Training Certificate: Real Estate (NQF Level 4)
(SAQA QUAL ID 59097)
16 April 2009

1. All tertiary qualifications that are presented for equivalency purposes

must have been completed in full for the candidate to qualify for an
equivalency exemption. Should a candidate, for example, be only one
subject short of the requirements for the award of a degree or diploma an
equivalency exemption cannot be granted. This is due to the fact that the
traditional education system only recognises whole, completed
qualifications.
2. Tertiary degrees and diplomas may qualify for a full exemption provided
that the course of study for such qualifications included legal and/or
commercial and/or accounting subjects which are both relevant to the
real estate profession and which appear in the curriculum for the NQF
Level 4 real estate qualification. Tertiary qualifications obtained in the
humanities, natural and social sciences will generally not contain sufficient
relevant subjects to be considered. Subjects, for example, that cannot be
considered for exemption purposes will include Anthropology; Sociology;
Social Work; Languages; Linguistics; Politics; History; Public
Administration; Geology; Astronomy; etc.
3. Post-graduate degrees obtained must, similarly, be relevant to real estate
and/or management for candidates to qualify for a full equivalency
exemption. While, for example, a Master of Arts degree in history will not
usually be relevant to real estate it may be that the candidate concerned
passed sufficient relevant subjects for the award of an undergraduate
degree to qualify for an exemption.
4. Candidates holding a tertiary qualification(s) with at least two relevant
subjects (see list below) may be considered for the grant of a full
exemption. A subject is defined as one full year of study such as, for
example:

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  Accounting 1, 2, 3 will be regarded as three years of study and,
therefore, count as three separate subjects;
 Economics 1A + 1B will be regarded as two semester subjects which
are equal to one single year of study and count, taken together, as one
separate subject.
5. An original matriculation certificate, or a certified copy thereof, indicating
that the candidate has passed two official South African languages and/or
mathematics must be produced for the candidate to qualify for the
fundamental unit standard language and/or numeracy exemptions. It
should be noted that even those candidates holding relevant tertiary
qualifications may not be fully exempted from the FETC: Real Estate
language and numeracy requirements should they be unable to produce
their original matriculation certificate indicating competency in two of the
official languages and/or mathematics.

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Accredited Qualification and/or SAQA ID SAQA Comments
provider skills programme number equivalence
and/or module

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All tertiary BSc QS, BSc various 360 credits Practitioners
academic Construction at NQF holding these
institutions Management, BSc Level 6 qualifications
accredited Residential Property, are exempted
with the Council Diploma in from the Further
for Higher Construction Science Education and
Education (CHE) and Building Training
where Surveying, Certificate: Real
the course Diploma in Land and Estate (NQF
content is Property Development Level 4).
directly Management,
applicable to the National Diploma Real
estate agency Estate (UNISA):
profession. Property
Marketing/Valuation/Pr
Note: The actice
relevant National Higher
qualification Certificate in Property
must have been Practice.
completed in full
and awarded.

All tertiary Qualifications at NQF various 360 credits Persons holding

academic Level 6 including: at NQF these
institutions BA; B. Admin; BCom; Level 6 qualifications
accredited LLB; B Proc; B Juris; are exempted
with the Council B Sc (Stats and from the FETC:
for Higher Mathematics); BLC; Real Estate
Education (CHE) B Sc Degrees (Other); (NQF Level 4)
where B Soc Sc; provided the
the course B Admin; relevant quali-
content is not All other Bachelors fication contains
directly Degrees; at least two
applicable to the MB Bch; major subjects
estate agency BCur; related to the
profession. Degrees/Diplomas in real estate
Marketing; profession.
Note: The Degrees/Diplomas in Appropriate
relevant qualify- Nursing, subjects, in the

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cation must Psychology; discretion of
have been National Diploma in the EAAB,
completed in full Real Estate; include:
and awarded. All other Degrees, Accounting;
Diplomas and Post Business
Graduate Diplomas Finance;
including business Economics
related (whether Micro
qualifications from or Macro);
various Education;
business schools which Finance;
include Financial
financial, legal and Analysis,
economic subjects in Management,
their curricula including Planning,
National Reporting, Risk;
Certificates and Human
Diplomas issued by Resources;
Technical Colleges and Industrial
Technikons Psychology;
All relevant degrees at Insurance;
Honours, Masters Investment
and/or Doctoral level Management;
containing at least Relevant Law
one major subject subjects
related to the real (including
estate profession. Administrative
Law,
Commercial
Law, Company
Law, Mercantile
Law, Private
Law, Property
Law, etc.);
Management;
Management
Accounting;
Marketing;
Mathematics;
Personal
Financial
Management;
Real Estate
Practice;
Real Estate
Valuation;
Statistics;
Valuations.

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All tertiary Any degree or diploma Exemption will
academic in Marketing e.g., IMM be awarded for
institutions or B.Com Marketing unit standards
accredited 114583 and
with the Council 114596 (13
for Higher elective credits)
Education (CHE)
where
the course
content is not
directly
applicable to the
estate agency
profession.
(See comments in
Column 5).

All tertiary Any degree or diploma Exemption will

academic in Human Resources be awarded for
institutions e.g., IPM or Industrial unit standards
accredited Psychology 242819 and
with the Council 242822 (20
for Higher elective credits)
Education (CHE)
where
the course
content is not
directly
applicable to the
estate agency

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profession.
(See Comments in
Column 5).

All tertiary Any degree or diploma Exemption will

academic with administration as be awarded for
institutions a focus, e.g., Diploma unit standards
accredited in Police Science 110000,
with the Council 110003 and
for Higher 110009 (22
Education (CHE) elective credits)
where
the course
content is not
directly
applicable to the
estate agency
profession.
(See comments in
Column 5).

All SETA Various Various Various Credit will be

accredited Further awarded for all
Education and fundamental
Training unit standards
Certificates which achieved at NQF
have been Level 4 for any
completed in full SETA accredited
and the candidate FETC
certificated. qualification.
Proof of SETA
verification is
essential. The
credit value will
depend on the
actual unit
standards that
have been
obtained for the
FETC.

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Services SETA National Certificate 24454 NQF 4 Persons holding
Real Estate NQF 4 this qualification
will be granted
full exemption
from the FETC:
Real Estate
(NQF Level 4)
SAQA - QUAL
ID: 59097.

Note: The
qualification
(24454) must
have been
completed in full
and the
candidate
certificated.

EAAB Estate Agency Affairs Exemption will

Board exam passed be granted for
after 1995 unit standards
246733 and
246737 (18
core credits)

EAAB Estate Agency Affairs Exemption will

Board exam passed be granted for
prior to 1995 unit standards
246733 and
246737 (18
core credits) and
7468 (6
fundamental
credits)

Institute of Estate The CIEA qualification Credits will be

Agents of SA obtained prior to 1983 granted for unit
(Non-accredited standards
provider) 246733 and
246737 (18

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 core credits)

Free State Post-Graduate Diploma Credits will be

University and in Financial Planning awarded for unit
Stellenbosch standards
University 242593,
242584,
12181, 15089,
246734 (11
core credits plus
7 elective
credits)

In-house Various in-house None None These courses

training courses certificates do not constitute
provided by estate qualifications as
agency enterprises such but are,
and/or other short rather,
courses and Continuing
workshops Professional
attended Development
(CPD). The RPL
process must
validate these
training inter-
ventions. Actual
assessments
completed may,
however, be
submitted in
Portfolios of
Evidence to
support requests
for credit.
Learners must
align such
assessments to
the relevant unit
standards on
submission.

In-house NQF credits achieved various various Credits will be

training aligned to granted if they
NQF qualifications match the unit
standards in the
FETC: Real
Estate (NQF
Level 4)
qualification.
Exemption will
be awarded per
matched unit
standard. (The

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 credit value will,
thus, depend on
unit standards
achieved).

INSETA FETC: Short Term Valid with

Insurance (NQF Level INSETA
4) verification of
FETC: Wealth results. Full
Management (NQF credit to be
Level 4) granted for
fundamental
unit standards
(56 credits) and
for unit
standards
242593 and
242584 (5 Core
credits).

INSETA National Certificate: Valid with

Wealth Management INSETA
(NQF Level 5) verification of
results. Full
credit to be
granted for
fundamental
unit standards
(56 credits) and
for unit
standards
242593,
242584,
12181, 15089
and 246734 (7
Core credits).

CPMD Diploma in Property Credits will be

and Facilities awarded for unit
Management standards
246735,
246733 and
15059 (20 core
credits plus 5
elective credits).

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CPMD Diploma in Property Credits will be
Development awarded for unit
standards
246735,
246733 and
12181 (20 core
credits plus 2
elective credits).

CPMD Diploma in Advanced Credits will be

Property Practice awarded for unit
standards
246735,
246736,
246733, 13420
and 13418 (40
core credits plus
20 elective
credits).

SA Property Certificate in FETC NQF 4 Persons holding

Owners Commercial Property this qualification
Association Practice (CCPP) are granted
(SAPOA) full exemption
from the FETC:
Real Estate
(NQF Level 4)
(SAQA QUAL ID
59097). The
CCPP
qualification
must, however,
have been
completed in full
and the
candidate
certificated.

Matriculation/ Any two of the official FETC NQF 4 Credits will be

Grade 12 South African awarded for two
languages – at least official
one at higher grade, languages (40
where applicable – literacy
and/or mathematics fundamental
credits). Where
the candidate
has
mathematics at
Grade 12 level

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 credit may also
be awarded for
the numeracy
fundamentals
(16 fundamental
credits).

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