Field           Service Sector

 

Revision of Real Estate unit standards

 

Subfield

Domain

ID

Real Estate

Real Estate Practice and Law

15500, 22311, 23134-23137, 23140, 23141, 26148, 26149, 29882

Rural, Residential, Commercial and Business Sales

23157, 26150

 

Ringa Hora – Services Workforce Development Council has completed a revision of the unit standards listed above.

 

Date new versions published                                                                                              September 2022

 

Planned Review Date (unchanged)                                                                                               December 2025                                                                                                                

 

Summary

 

The last date of assessment of the superseded versions of these unit standards is currently set as 31 December 2022. The last date of assessment for the superseded version of the associated qualification, the New Zealand Certificate in Real Estate (Salesperson) (Level 4) [Ref: 3111] has been extended to 31 December 2023 to enable learners to complete programmes they are enrolled in. Extending the last date of assessment for these unit standards to 31 December 2023 will enable the learners to complete version 1 of the qualification.

 

Main changes

 

·         Superseded versions of unit standards with the last date of assessment of 31 December 2022 have had the date extended to 31 December 2023.

·         The standard setting body details have been updated to Ringa Hora – Services Workforce Development Council.  

 

Detailed list of unit standards – classification, title, level, and credits

 

Service Sector > Real Estate > Real Estate Practice and Law

ID

Title

Level

Credit

15500

Establish a personal professional presence in the real estate market

4

2

22311

Explain aspects of the Unit Titles Act 2010 for real estate personnel

4

2

23134

Demonstrate knowledge of law relating to land titles, ownership, and transfer of land

5

4

23135

Demonstrate knowledge of the law of contract and the law of agency in a real estate context

4

5

23136

Demonstrate knowledge of laws related to consumer protection in a real estate context

4

4

23137

Demonstrate knowledge of the sale and purchase agreements and manage the sale of real estate

5

5

23140

Demonstrate knowledge of and develop marketing plans for real estate, qualify customers, and present properties for sale

4

5

23141

Demonstrate knowledge of legislation as applied to real estate licensees

4

4

26148

Demonstrate and apply knowledge of inspection and appraisal for real estate property and qualify prospective clients

5

4

26149

Explain licensing and code of professional conduct under the Real Estate Agents Act 2008

4

4

29882

Demonstrate knowledge of the laws relating to resource management and building in a real estate context

4

4

 

Service Sector > Real Estate > Rural, Residential, Commercial and Business Sales

ID

Title

Level

Credit

23157

Demonstrate knowledge of building styles and materials for real estate in New Zealand

4

3

26150

Demonstrate knowledge of methods for sale of real estate in New Zealand

4

4