SAQA All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.
SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED UNIT STANDARD: 

Identify and secure a property opportunity 
SAQA US ID UNIT STANDARD TITLE
377006  Identify and secure a property opportunity 
ORIGINATOR
Task Team - Commercial Property 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
-  
FIELD SUBFIELD
Field 11 - Services Cleaning, Domestic, Hiring, Property and Rescue Services 
ABET BAND UNIT STANDARD TYPE PRE-2009 NQF LEVEL NQF LEVEL CREDITS
Undefined  Regular  Level 4  NQF Level 04 
REGISTRATION STATUS REGISTRATION START DATE REGISTRATION END DATE SAQA DECISION NUMBER
Reregistered  2018-07-01  2023-06-30  SAQA 06120/18 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2024-06-30   2027-06-30  

In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise.  

This unit standard does not replace any other unit standard and is not replaced by any other unit standard. 

PURPOSE OF THE UNIT STANDARD 
This unit standard specifies the outcomes required to create and secure property opportunities. It requires the ability to recognise and investigate a viable property opportunity and develop a strategy to secure a property deal. 

LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
It is assumed that the learner accessing this standard is competent in Communication and Mathematical Literacy at NQF Level 3 or equivalent. 

UNIT STANDARD RANGE 
  • Consultative processes may include face-to-face meetings, telephone, facsimile and written communication.
  • Clients may include financial institutions, fund managers, individuals, internal and external property groups, investment organisations.
  • Organisational requirements may be outlined and reflected in access and equity principles and practice guidelines, business and performance plans, complaint and dispute resolution procedures, goals, objectives, plans, systems and processes, legal and ethical requirements and codes of practice, mission statements and strategic plans, OCHSA policies, procedures and programs, policies and procedures in relation to client service, quality and continuous improvement processes and standards or quality assurance and procedure manuals.
  • Property market information may be sourced from consultants, industry and organisational databases, information services, press clippings, published industry data, including industry indices, third parties or trade journals.
  • Analysis may include computer modeling, examination of cash flows and other financial projections, examination of collected data, quantitative and qualitative analysis, probability analysis or time series recognition.
  • Legislative requirements may be outlined and reflected in South African standards, and quality assurance and certification requirements, award and enterprise agreements, consumer protection, freedom of information, home building requirements, privacy requirements, public health, relevant federal, and state or territory legislation that affects organisational operation, including: anti-discrimination and diversity, environmental issues, BEE, industrial relations, OCHSA, relevant industry codes of practice, strata, community and company titles, tenancy agreements, trade practices and trade practices laws and guidelines. 

  • Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Research property opportunity. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Consultative processes are used to verify client investment objectives and obtain advice from specialist property personnel according to organisational requirements. 

    ASSESSMENT CRITERION 2 
    Property market information is gathered and organised in a format suitable for analysis and interpretation according to organisational and legislative requirements. 

    ASSESSMENT CRITERION 3 
    Reliable methods for gathering information are used according to organisational requirements, making efficient use of time and resources. 

    ASSESSMENT CRITERION 4 
    Property opportunities are identified and reviewed to allow effective comparability against client needs according to organisational requirements. 

    ASSESSMENT CRITERION 5 
    Potential opportunities are documented and categorised to enable valid comparisons to be made against market variables and industry benchmarks. 

    SPECIFIC OUTCOME 2 
    Analyse property opportunity. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Identified opportunities are reviewed and measured against property trends and market parameters to determine future recommendations. 

    ASSESSMENT CRITERION 2 
    Information is assessed using reliable and valid data analysis methods according to organisational requirements. 

    ASSESSMENT CRITERION 3 
    Factors increasing or diminishing investment risk are assessed and discussed with client. 

    ASSESSMENT CRITERION 4 
    Investment scenarios are developed and checked against prescribed criteria to minimise subjective assessment. 

    ASSESSMENT CRITERION 5 
    Limitations in evaluating market information are identified and specialist advice is sought as required according to organisational requirements. 

    SPECIFIC OUTCOME 3 
    Recommend and secure property deal. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Interim control of asset is established through agreed methods according to client and organisational requirements. 

    ASSESSMENT CRITERION 2 
    Recommendations are made that are verifiable, current and sufficiently detailed to meet client, organisational and legislative requirements and which include strategy for exit in line with client requirements. 

    ASSESSMENT CRITERION 3 
    Reliable methods for securing control are used according to organisational requirements, making efficient use of time and resources. 

    SPECIFIC OUTCOME 4 
    Package property deal. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Property deal is packaged and documented for presentation to interested parties for review and feedback according to organisational requirements. 

    ASSESSMENT CRITERION 2 
    Business equipment and technology are used to organise relevant information in a format suitable for analysis and interpretation according to organisational requirements. 

    ASSESSMENT CRITERION 3 
    Feedback from relevant people is analysed and incorporated into the package where appropriate according to organisational requirements. 

    ASSESSMENT CRITERION 4 
    Package is presented to relevant people to enable formal commitment to proposed property opportunity. 

    ASSESSMENT CRITERION 5 
    Information is securely maintained with due regard to client confidentiality, and legislative and organisational requirements. 


    UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS 
  • Any individual wishing to be assessed (including through Recognition of Prior Learning) against this unit standard may apply to an assessment agency, assessor or provider institution accredited by the relevant ETQA, or an ETQA that has a Memorandum of Understanding with the relevant ETQA.
  • Anyone assessing a learner against this Unit Standard must be registered as an assessor with the relevant ETQA, or an ETQA that has a Memorandum of Understanding with the relevant ETQA.
  • Any institution offering learning that will enable achievement of this Unit Standard or assessing this Unit Standard must be accredited as a provider with the relevant ETQA, or an ETQA that has a Memorandum of Understanding with the relevant ETQA.
  • Moderation of assessment will be conducted by the relevant ETQA at its discretion. 

  • UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
  • Concepts and strategies for placement of capital in property for investment.
  • Current market knowledge.
  • Ethical practices and relevant codes of conduct.
  • Industry benchmarks.
  • Investment risk factors and relationship to return expectations.
  • Land economics.
  • Local property market conditions and overall trends in the industry.
  • Political environment.
  • Range of research methods and analysis techniques.
  • Relevant national and local government regulations related to:
    > Anti-discrimination.
    > Consumer protection.
    > Environmental issues.
    > Employment Equity (EE) or Black Economic Empowerment (BEE).
    > Financial probity.
    > Franchise and business structures.
    > Industrial relations.
    > OCHSA.
    > Privacy.
    > Property sales, leasing and management.
    > Town planning.
    > Valuation. 

  • UNIT STANDARD DEVELOPMENTAL OUTCOME 
    N/A 

    UNIT STANDARD LINKAGES 
    N/A 


    Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO IDENTIFYING 
    Identify and solve problems using critical and creative thinking processes that will identify and secure a property opportunity. 

    UNIT STANDARD CCFO WORKING 
    Work effectively with others as a member of a team, group, organisation or community to conduct the activities involved in researching, analyzing, recommending and packaging a property opportunity. 

    UNIT STANDARD CCFO ORGANISING 
    Organise and manage oneself and one's activities responsibly and effectively in order to demonstrate techniques to identify and secure a property opportunity. 

    UNIT STANDARD CCFO COLLECTING 
    Collect, analyse, organise and critically evaluate information in order to apply the techniques to secure a property opportunity. 

    UNIT STANDARD CCFO COMMUNICATING 
    Communicate effectively using visual, mathematical and/or language in the modes of oral and/or written persuasion to package property a deal. 

    UNIT STANDARD CCFO SCIENCE 
    Use science and technology effectively and critically in manipulating information using a computer. 

    UNIT STANDARD CCFO DEMONSTRATING 
    Demonstrate an understanding of the world as a set of interrelated systems, identifying a current issue and explain the relevance of the issue when identifying and securing property opportunities. 

    UNIT STANDARD CCFO CONTRIBUTING 
    Participate as responsible citizens in the life of local, national and global communities by ensuring that the ability to recognize and investigate a viable property opportunity is used to develop a strategy to secure the property deal. 

    UNIT STANDARD ASSESSOR CRITERIA 
    N/A 

    REREGISTRATION HISTORY 
    As per the SAQA Board decision/s at that time, this unit standard was Reregistered in 2012; 2015. 

    UNIT STANDARD NOTES 
    N/A 

    QUALIFICATIONS UTILISING THIS UNIT STANDARD: 
      ID QUALIFICATION TITLE PRE-2009 NQF LEVEL NQF LEVEL STATUS END DATE PRIMARY OR DELEGATED QA FUNCTIONARY
    Elective  79626   Further Education and Training Certificate: Commercial Property and Facilities Management  Level 4  NQF Level 04  Reregistered  2023-06-30  SERVICES 


    PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS UNIT STANDARD: 
    This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here.
     
    NONE 



    All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.