FETC: Auctioneering...Fundamental 119457 Interpret and use information from texts 3 5 Fundamental 119467 Use language and communication in occupational learning programmes 3 5 Fundamental

FETC: Auctioneering

Support Services

SAQA ID 80546

150 credits

NQF 4

Purpose of the Qualification

Purpose of the Auctioneering Qualification

The purpose of this learning programme is to develop competent Auctioneers that can confidently and actively participate in the Auctioneering Industry.

The programme furthermore acts as a platform for learners to further their careers and educational levels and will ensure access into a NQF Level 5 qualification.

Purpose of the Auctioneering Qualification

About the Auctioneering Qualification

The Auctioneering Qualification is divided into 4 Learning

Units with modular sub-divisions, based on the exit level outcomes and related assessment criteria:

Learning Unit 1

• Auction Basics

Learning Unit 2

• Market Analysis, Marketing & Fundamentals

Learning Unit 3

• Auction Logistics

Learning Unit 4

• Specialisation


Learning Unit 1: Auction Basics

Introduction to Auctioneering

C115928

Legal Requirements for Auctions C115473

Auction Ethics C242655

Bid Calling C115297


Learning Unit 2: Market Analysis,

Marketing

Market Research C252204

Prospecting & Customer relation

E252193 & E252218

Fundamentals

Workplace Communication

F119472 & F119467 & F119462 & 119471

Effective Reading F119457 & F119469

Business Writing F119465 & f119459

Basic Numeracy F9015 & F9016

Basic Business Finance F7468


Learning Unit 3: Auction Logistics

Site & Asset Preparation C115475

& E8561

Stock Loading & Cataloguing

C8261 & C117022 & C115479

Advertising & Promotions C244580

Administration at Auctions C117026 &

C117025


Learning Unit 4: Specialisation

Conduct Auctions for Movable Assets

E377321 & E377320 & E155482 & E115300 &

E115484

Conduct Real Estate Auctions

E377300 & E15082 & E115478

Conduct a Live Stock Auction

E115474 & E377301 & E377343

Programme Objectives

The Auctioneering programme aims to:

Provide broad knowledge; skills and values needed in the Auctioneering Industry.

Facilitate access to, and mobility and progression within education and training and allow learners to progress along a learning path in Auctioneering.

Provide access to becoming a fully-fledged Auctioneer by achieving the National Certificate: Auctioneering Qualification at NQF Level

Programme Objectives cont

The learning programme focuses on the skills, knowledge, values and attitudes required to progress further in the Auctioneering Industry and the intention is :

To promote the development of knowledge, skills and values that are required in the Auctioneering Industry.

To release the potential of people in order for them to grow and develop.

To provide opportunities for people to move up career paths by being more valuable to their organisation, the economy and themselves.

Benefit of Programme

Successful learners will be more fulfilled, informed, efficient and cost effective Auctioneers

This should result, in turn, in more effective and efficient service to the consumer and should make the training provider for which the learner works more competitive in the sector.

http://www.bostonlogic.com/real-estate-auction-software

http://www.bostonlogic.com/real-estate-auction-software

Qualification rules

A minimum of 150 credits is required to complete the Qualification. In this Qualification the credits are allocated as follows:

Fundamental: 56 credits.

Core: 64 credits.

Electives: 30 credits.

Core Unit standards

Type ID UNIT STANDARD TITLE NQF LEVEL CREDITS

Core 115298 Demonstrate and apply an understanding of auction basics 3 4

Core 115473 Demonstrate and apply an understanding of the legal aspects of an auction 4 8

Core 242655Demonstrate knowledge and application of ethical conduct in a business environment

4 4

Core 115479 Identify, categorise and lot auction stock 4 3

Core 252204 Monitor marketing information flow and collect and process marketing data 4 4

Core 115475 Prepare for an auction 4 3

Core 8261 Processing stock 4 12

Core 117025 Administer legal documentation for the sale of general and specialised assets 5 10

Core 117022 Complete the auctioneer's roll and vendor's roll 5 12

Core 117026 Demonstrate an understanding of drafting and explain conditions of sale 5 4

http://regqs.saqa.org.za/showUnitStandard.php?id=115298










Fundamental Unit Standards


Fundamental 119472 Accommodate audience and context needs in oral/signed communication 3 5

Fundamental 119457 Interpret and use information from texts 3 5

Fundamental 119467 Use language and communication in occupational learning programmes 3 5

Fundamental 119465 Write/present/sign texts for a range of communicative contexts 3 5

Fundamental 9015Apply knowledge of statistics and probability to critically interrogate and effectively communicate findings on life related problems

4 6

Fundamental 119462 Engage in sustained oral/signed communication and evaluate spoken/signed texts 4 5

Fundamental 119469 Read/view, analyse and respond to a variety of texts 4 5

Fundamental 9016Represent analyse and calculate shape and motion in 2-and 3-dimensional space in different contexts

4 4

Fundamental 119471 Use language and communication in occupational learning programmes 4 5

Fundamental 7468Use mathematics to investigate and monitor the financial aspects of personal, business, national and international issues

4 6

Fundamental 119459 Write/present/sign for a wide range of contexts 4 5












Elective Unit Standards


Elective 115300 Apply legal requirements pertaining to special assets sales NQF Level 03 14

Elective 115482 Process documentation pertaining to movable assets for an auction NQF Level 03 4

Elective 15082 Apply and administer real estate systems, policies and procedures NQF Level 04 6

Elective 115474 Assess and classify agricultural products, livestock and game NQF Level 04 8

Elective 8561 Function in a Team NQF Level 04 4

Elective 115484 Handle and secure general and/or specialised assets NQF Level 04 6

Elective 252193 Identify potential and existing customers of the business NQF Level 04 4

Elective 252218 Liaise with a range of customers of a business NQF Level 04 4

Elective 115478 Market and auction properties NQF Level 04 6

Elective 377301 Organise and record the transportation of livestock, game and agricultural products NQF Level 04 8

Elective 377320 Prepare for and handle the receiving of movable assets NQF Level 04 7

Elective 377300 Demonstrate an understanding of real estate auctioning NQF Level 05 3

Elective 377321 Valuate movable assets NQF Level 05 8














Exit level outcomes

ELO 1

• Demonstrate understanding of the factors to be considered in selling goods by auction

ELO 2

• Provide support services to the Auctioneer before and after an Auction

ELO 3

• Provide support services to the Auctioneer during an Auction

ELO 4

• Provide support services to the Auctioneer during an Auction

Notional Hours

Notional hours are based on the value of credits of the registered unit standards used in each Skills Programme. 1 Credit equals 10 notional hours.

The total of notional hours are broken up into a variety of activities and specific times (hours) are allocated to each activity.

Notional Hours Breakdown

Classroom Activities

• Refers to time learners spend with a facilitator in a guided learning environment

Individual Activities

• Requires the learners to do self-study and research independently. These activities are a combination of knowledge and skills and are designed to assist the learner with transferring knowledge and skills into the workplace

Workplace Activities

• Requires learner to apply skills in an actual workplace

Assessment

• Refers to activities where the learners completed classroom, individual and workplace activities are assessed by an Assessor

Theory/practical split

Out of total notional hours per Learning Unit:

30% of the total time is spend on classroom activities and coaching

70% of the total time is spend on Individual and Workplace Activities

2- 4 hours are allocated for Assessment per unit standard

This means that allocated times might exceed the notional hours required by the registered qualification

Exemption

Individuals that are currently employed in the auctioneering industry can start the exemption compliance process with the South African Institute for Auctioneers (SAIA).

Applicants will have to formally apply for:-

1. Exemption in terms of the SAIA NQF 4 Equivalency Matrix;2. If applicants do not qualify in terms of (1) above, then they will

have to go through the Recognition of Prior Learning (RPL) process. Delegates will have to prove competency by means of a Portfolio of Evidence (POE) against the FETC: Auctioneering Support Services (NQF 4);

3. If applicants do not qualify for either (1) or (2) above, they must enrol for the full training programme to complete the qualification over 12 months.

Accredited provider Qualification and/or skills programme and/or module

Comments

All tertiaryacademicinstitutions accreditedwith the Councilfor HigherEducation (CHE) wherethe coursecontent is not directlyapplicable to the auctioneering profession.

Note: The relevant qualification must have been completed in full and awarded.

Qualifications at NQF Level 6 including:

BA; B. Admin; BCom; LLB; B Proc; B Juris; B Sc (Stats and Mathematics); BLC; B Sc Degrees (Other); B Soc Sc; B Admin;

All other Bachelors Degrees;MB Bch;BCur;Degrees/Diplomas in Marketing;Degrees/Diplomas in Nursing,Psychology;

All other Degrees, Diplomas and Post Graduate Diplomasincluding business relatedqualifications from variousbusiness schools which includefinancial, legal and economic subjects in their curricula including NationalCertificates and Diplomas issued by and TechnikonsAll relevant degrees at Honours, Masters and/or Doctoral level containing at least one major subject related to the auctioneering profession.

Persons holding these qualifications are exempted from the FETC: Auctioneering Support Services (NQF Level 4) provided the relevant qualification contains at least two major subjects related to the auctioneering profession. Appropriate subjects, in the discretion of SAIA, include:

Accounting;Business Finance;Economics (whether Micro or Macro);Education;Finance;Financial Analysis, Management, Planning, Reporting, Risk;Human Resources;Industrial Psychology;Insurance;Investment Management;Relevant Law subjects (including Administrative Law, Commercial Law, Company Law, Mercantile Law, Private Law, Property Law, etc.);Management;Management Accounting;Marketing;Mathematics;Personal Financial;Valuation;Statistics;Valuations.

Exemption matrix


Comments

All tertiaryacademicinstitutions accreditedwith the Councilfor HigherEducation (CHE) wherethe coursecontent is not directlyapplicable to the auctioneering profession.(See comments in Column 5).

Any degree or diploma with administration as a focus, e.g., Diploma in Police Science

Exemption will be awarded for unit standards 110000, 110003 and 110009 (22 elective credits)

Exemption matrix cont


Comments

All SETA accredited Further Education and Training Certificates which have been completed in full and the candidate certificated.

Credit will be awarded for all fundamental unit standards achieved at NQF Level 4 for any SETA accredited FETC qualification. Proof of SETA verification is essential. The credit value will depend on the actual unit standards that have been obtained for the FETC.

Exemption matrix cont

Exemption process

Application

• The applicant sends copies of his/her completed qualifications with the statements of results to the custodian of the qualification for assessment.

Assessment

•If the applicant meets the requirements for full exemption, they will be requested to send the following:

• Completed enrolment form (as attached)

• Certified copy of Qualification(s)

• Certified copy of Statement of Results for relevant Qualifications(s)

• Certified copy of ID Document or Passport

Certification

• Upon receipt of documents, The custodian of the qualification will issue a certificate of exemption to the applicant

FETC: Auctioneering...Fundamental 119457 Interpret and use information from texts 3 5 Fundamental 119467 Use language and communication in occupational learning programmes 3 5 Fundamental

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