What Is Real Estate
Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this an item of real property, buildings or housing in general.
Entry Requirements To Study Real Estate In South Africa
The admission requirements for this programme will adhere to the University of Johannesburg’s Policy for Admission and Selection which is current at the time of the registration for this programme.
A student should have one of the following:
• National Diploma Real Estate qualification on the old NQF level 6; or
• Alternatively a student should possess any other qualification on a New NQF level 7/Old NQF level 6 and have related real estate oriented experience which is deemed applicable by the Department of Finance and Investment Management;
• For acceptance into the programme, preparatory study, an entrance course and examination may be required by the Department of Finance and Investment Management;
• Selection is based on academic merit and the availability of places and hence may entail the use of additional criteria/requirements; and
• Final admission requirements will from time to time be set by the department.
Meeting the minimum admission requirements does not assure acceptance into the programme as all students will be subjected to a selection process as determined by the Department of Finance and Investment Management.
For the students with a NQF level 6 qualification with 3 years relevant work experience and students with only relevant work experience, an entrance exam will be written to determine if the student has the necessary foundation knowledge to proceed with the Advanced Diploma.
If the student does not pass the exam, the student will be able to do certain short learning programmes (which are in development) so that their knowledge is at the correct level before doing the Advanced Diploma. This entrance exam is one of the methods that will be used to determine the knowledge level and understanding of potential students.
The decision to recommend admission is made by the programme coordinator who will evaluate prospective students (either face to face or by other appropriate means). During the selection process, the programme coordinator will consider the career history of applicants.
The programme coordinator may also request applicants to perform certain discipline related writing or practical skills tasks as means of assessing the breadth and depth of their knowledge and skills, before finalising admission decisions.
It is a further requirement that students who wish to enrol for this programme have strong general computer skills, and that they have reliable access to the internet, as the programme is offered partially online, and students without reliable internet access will not be able to participate fully in the learning activities for each module.
(*) The Applied Financial Mathematics module includes an exemption exam. The module will be exempted on the academic record if the exemption exam is passed.
Modules
| PROGRAMME DESIGN: Advanced Diploma in Real Estate | | | | | | |
| Module name | NQF level of the module | Credits per module | Compulsory/ Optional | Full-Time Year /Distance | Total credits per year | Fee |
| Building Construction -BUC7XE1 | 7 | 15 | Compulsory | 1 | 15 | R3 945.00 |
| Property Valuation A – PVA7XE1 | 7 | 15 | Compulsory | 1 | 15 | R3 945.00 |
| Property Valuation B – PVA7XE2 | 7 | 15 | Compulsory | 1 | 15 | R3 945.00 |
| Real Estate Management – REM7XE2 | 7 | 15 | Compulsory | 1 | 15 | R3 945.00 |
| Real Estate Finance and Investment A – REF7XE1 | 7 | 15 | Compulsory | 1 | 15 | R3 945.00 |
| Real Estate Finance and Investment B – REF7XE2 | 7 | 15 | Compulsory | 1 | 15 | R3 945.00 |
| Real Estate Law A – REL7XE1 | 7 | 15 | Compulsory | 1 | 15 | R3 945.00 |
| Real Estate Law B – REL7XE2 | 7 | 15 | Compulsory | 1 | 15 | R3 945.00 |
| **Applied Financial Mathematics – AFM7XE2 | 7 | 10 | Optional | 1 | 10 | R2630.00 |
| TOTAL | 130 | R34 190.00 |
Schools Offering Real Estate In South Africa
University of Pretoria. BSc (Real Estate).
South Africa Real Estate Academy. Image: facebook.com, @Cape Town Johannesburg South African Wild Memories.
University of the Witwatersrand Johannesburg.
Unisa real estate courses.
UCT real estate courses.
What subjects are needed for real estate in South Africa?
Requirements for a career in Real Estate:
Recommended High School Subjects: Subjects within Business, Commerce & Management Studies, and within Services.
Other requirements: 12-month internship, FETC Real Estate NQF Level 4, PDE exam, Intern Logbook (or an exemplifying qualification or degree)
What subjects do u need to study real estate in South Africa ?
A degree in an appropriate subject such as marketing, business, property studies or real estate can be helpful. Estate agents and agencies are required by law to obtain a Fidelity Fund Certificate from the Estate Agency Affairs Board.
How long is a real estate course in South Africa?
The one-year BScHons (Real Estate) programme qualifies graduates to start a professional career in the property industry.
Do I need matric to become a real estate agent in South Africa?
A degree is not required to become an estate agent, but strong competition often makes relevant experience and/or qualifications necessary. A degree in an appropriate subject such as marketing, business, property studies or real estate can be helpful. Some estate agencies offer on-the-job training for estate agents.
Is real estate a good job to get into in South Africa ?
Working as a real estate agent or broker can be fulfilling and financially rewarding, but it’s not easy. A career in real estate requires drumming up business, promoting yourself, tracking leads, handling complex paperwork, providing customer service, and much, much more.
Is real estate a good career in South Africa ?
Being a real estate agent in 2021 will open up a lot of opportunities. Despite the deep changes that have taken place, the market will continue to grow. Agents will be able to cope with the new landscape and thrive with the right training and exposure.