Qualification Overview

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Qualification Title New Zealand Certificate in Real Estate (Level 5) with strands in Business Broking, Commercial and industrial, Residential, and Rural
Qualification Type Certificate
Level 5
Credits 40
Subject Area
  • Management and Commerce » Sales and Marketing » Real Estate
Strategic Purpose Statement
The purpose of this qualification is to provide the real estate industry with people who have professional skills to operate effectively in the real estate industry and with specialist knowledge of the sale and leasing of different types of real estate in New Zealand: business broking; commercial/industrial; complex residential; or rural.

In addition, graduates of this qualification who also hold a salesperson licence will benefit by having the necessary knowledge to operate effectively and build their own business within the specialised areas of the real estate industry with subject-specific knowledge.
Graduate profile
Graduates of this qualification will be able to:

- Develop a marketing strategy to facilitate real estate transactions using research methods.
- Build and maintain relationships with a diverse ange of clients, customers, and networks.
- Apply knowledge of compliance best practice and facilitate the resolution of conflict and complaints.
- Apply knowledge of the Resource Management Act 1991, and district and regional planning in performing real estate duties.

Graduates of the Business Broking strand will also be able to:
- Analyse financial statements, business performance, buyer demand and market conditions to facilitate the sale/lease of businesses.

Graduates of the Commercial and industrial strand will also be able to:
- Analyse documentation, building structures, land issues, and ownership structures to facilitate commercial and industrial real estate transactions.

Graduates of the Residential strand will also be able to:
- Analyse complex residential land ownership, investment property, multi-unit and vacant land to facilitate complex residential real estate transactions.

Graduates of the Rural strand will also be able to:
- Analyse rural land tenure and use, compliance, and farm management systems and practices to facilitate rural real estate transactions.
Education pathways
This qualification may follow on from the New Zealand Certificate in Real Estate (Salesperson) (Level 4) [Ref: 3111].
Graduates of this qualification may undertake further study through:
- New Zealand Certificate in Real Estate (Branch manager) (Level 5) [Ref: 3580]
- Business qualifications at Level 5 or higher.
Entry Requirements
There are no mandatory prerequisites to meet regulatory body, or legislative requirements for this qualification.

TEOs and candidates should be aware of the licensing framework for the real estate sector to ensure they are operating within that framework. Depending on specialisation, candidates may be required to hold a real estate licence to fulfil legal obligations.

The New Zealand Certificate in Real Estate (Salesperson) (Level 4) [Ref: 3111] is a suggested entry qualification for learners in programmes leading to this qualification.
Education Organisation The Skills Organisation
Developed By Ringa Hora Services Workforce Development Council
Quality Assured By New Zealand Qualifications Authority
Number 3112
Status Current
Created May 2016
Last Date For Entry December 2022

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