PMQ
    Level 3
    QN: 600/0267/0
    Curriculum Active

    Propertymark Qualifications Level 3 Award in Real Property Auctioneering

    Official qualification regulated by Ofqual, awarded by PMQ. Classified as a Vocationally-Related Qualification. Total guided learning hours: 120 hours.

    Qualification Level
    Level 3
    Awarding Body
    PMQ
    Syllabus Units
    4 Units
    Guided Hours
    120 hrs
    Instant access to interactive lessons, quizzes, and spaced revision.

    Course Syllabus & Study Modules

    Complete breakdown of verified curriculum topics and learning objectives.

    1

    Health and Safety, Security and General Law

    Verified
    Key Learning Objectives:
    • 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.
    2

    Practice and Procedures Relating to Real Property Auctioneering

    Verified
    Key Learning Objectives:
    • 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.
    3

    Property Appraisal and the Auction Process

    Verified
    Key Learning Objectives:
    • 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 ho
    • use buying/property auctioneering process.
    • Understand the extent of the auctioneer’s authority.
    • Understand the procedures to be adopted following the auction.
    4

    The Law Relating to Real Property Auctions

    Verified
    Key Learning Objectives:
    • Understand the legal frame
    • work 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.

    Regulatory & Verification Details

    Qualification Number (QN)
    600/0267/0
    Regulated Status
    Available to learners
    Awarding Body
    PMQ
    Qualification Type
    Vocationally-Related Qualification
    Operational Start
    Jan 2011