Level 3 award in real property auctioneering

This qualification is for Auctioneers

This qualification ensures learners understand relevant sections of the Auctioneers Act 1845, Auction (Bidding Agreements) 1927 and 1969 and Sale of Land Auction 1867.

Furthermore, on completion of this qualification learners will gain the knowledge to enhance and develop their understanding of Real Auctioneering practice and procedures as well as the appraisal and auctioneering process.

This qualification is available as a Level 3 in England and Wales.

Registration fee: £50 | Exam fees: £62.50 per exam
Cost: £300 (registration, four exams and certification)
Learning materials are not included in the total qualification cost. Visit our learning resources page for more info.

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What will be covered?

Unit 1: Health and Safety, Security and General Law

Understand the general concepts of law relevant to a property professional. It deals with the historical development of the law as well as current concepts, relevant statute and common law.

Unit code:
COM1 — Level 2/3 (England, Wales and Northern Ireland)
SCOM1 — Level 5/6 (Scotland)

Learning outcomes

Understand health and safety at work legislation and its relevance in and out of the workplace
Understand the issues around keeping safe when visiting property and maintaining a secure system when dealing with keys
Understand the general legal concepts relating to the provision of property services
Understand the common law duties of agents and agents’ authority
Understand the basic elements of the law of contract
Understand the basic elements of liability outside the law of contract
Understand the basic concepts of land law
Understand the basic concepts of discrimination
Understand the requirements of the data protection legislation
Understand the requirements of the legislation dealing with the handling of money

Unit 2: Law Relating to Real Property Auctions

Learn about the law auctioneers need to know that is specific to carrying out residential property sales including auction sales.

Unit code: RPA2

Learning outcomes

Understand the legal framework as it applies to estate agency
Understand the legislation and guidance as applied to auctioneering
Understand the common law and legislative protection available for consumers
Understand matters relating to development and ‘For Sale’ boards under the planning legislation
Understand restrictions and regulations covering provision of financial advice

Unit 3: Real Property Auctioneering Practice and Procedures

Dealing with how auctioneers should conduct themselves when carrying out residential sales and auctions in order to comply with all relevant statute, common law and principles of best practice.

Unit code: RPA3

Learning outcomes

Understand the different types of agency
Understand key agency terms
Understand the different methods of sale for residential property
Understand the requirements to provide associated documentation including a valid EPC
Understand the requirements of different types of seller
Understand the purpose and requirements of the Auction Guidance Note and the common auction conditions
Understand the different types of auction and auction best practice
Understand basic marketing techniques and the role of advertising, selling and IT in estate agency

Unit 4: Property Appraisal and the Auction Process

Understand the legal and technical factors relating to an auctioneer preparing for and carrying out a property appraisal.

Unit code: RPA4

Learning outcomes

Understand the factors affecting property value
Understand the property appraisal process
Understand staff responsibilities to sellers and buyers
Understand how to deal with offers made on properties for sale
Understand the role of others in the house buying/property auctioneering process
Understand the extent of the auctioneer’s authority
Understand the procedures to be adopted following the auction

Common units
Our common units make it easier for you to achieve associated qualifications in the future by carrying over previously achieved unit results. Learn more...

How long will it take?

We estimate it takes up to 12-18 months, or approximately 120 hours of study, to complete . From your registration date you will have 3 years to complete your qualification. If you fail to pass in this timescale you'll need to re-register.

How will I be assessed?

Each unit is assessed by a 20 question multiple-choice examination which must be answered within 30 minutes and a pass mark of 70% must be achieved.

What will I get?

You will receive a nationally recognised qualification at a level broadly equivalent to an A-Level or Higher level qualification in Scotland.

This qualification is suitable for membership of NAVA Propertymark. Learn more about becoming a member.

How to achieve your qualification

Qualification specification

While studying, you should always keep the qualification specification to hand. All exam questions are based on the unit's listed learning outcomes and assessment criteria, which will provide guidance to ensure you gain relevant, current, and valid knowledge during your studies.

Once you register for a qualification, you can download a copy of the qualification specification from your learner portal.

Examinations

Our online remote invigilation platform allows you to take your exams wherever you are in the UK. You just need a stable internet connection and to meet the exam conditions. Learn more...

How much do they cost?

Each exam covers one unit and costs £62.50 which is payable upon booking. Re-sits will be charged at the same rates and these prices apply to all candidates.

For more information about our fees, download the qualification and examination fee list.

Sample questions and interactive demo

INTERACTIVE DEMO
Our interactive demo sample test will help you understand how our platform works before you sit your examinations. This test will also provide examples of the type and level of difficulty of questions you are likely to be faced with during your actual examinations. This demo has questions from Unit 1: Health and Safety, Security and General Law (COM1/SCOM1)

Try the test

Please note: After you click the link above, a screen with a keycode will appear. As this is a sample test, you can press OK to continue or enter any eight characters to proceed with the sample test.

SAMPLE QUESTION DOCUMENTS
These documents help show the type and level of difficulty of questions, similar to those that you will be asked during your examinations:

Membership

Become a Propertymark member

Unlock a variety of resources and discounts by becoming a Propertymark member to support your studies. Explore the available options for more information.

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Methods of study

Learning packages

Choose how you learn with a variety of online, interactive, and printed resources from experts. Additional learning packages for Propertymark Qualifications are available at a cost, with discounts for Propertymark members.

Qualification Learning Packages

Methods of study

Training courses

Our courses cater to everyone, offering specific options to support your studies and other choices for professional development if you're simply looking to enhance your skills.

Propertymark training

Level 3 award in real property auctioneering

This qualification is for Auctioneers

What will be covered?

Unit code: COM1 — Level 2/3 (England, Wales and Northern Ireland) SCOM1 — Level 5/6 (Scotland)

Learning outcomes

Unit code: RPA2

Learning outcomes

Unit code: RPA3

Learning outcomes

Unit code: RPA4

Learning outcomes

How long will it take?

How will I be assessed?

What will I get?

How to achieve your qualification

1

2

3

4

Qualification specification

Examinations

Become a Propertymark member

Learning packages

Training courses

Unit code:
COM1 — Level 2/3 (England, Wales and Northern Ireland)
SCOM1 — Level 5/6 (Scotland)