Level 4 Certificate in Sale of Residential Property - England & Wales

This is the leading Level 4 qualification for senior property sales manager in the industry and is taken by thousands of agents every year. Learners who register with Propertymark Qualifications will be guided through future requirements as Regulation progresses through legislation.

What will be covered?

Examination questions are based on the Qualification Specification so this document should always be referred to when studying:

Download Qualification Specification

Unit 1: Legal Aspects Relating to Residential Estate Agency (LAREA)
This unit builds on the legal aspects units covered in Level 3, expanding on select concepts and including case law to illustrate various points. It begins with general legal concepts and looks at contract, tort basic property law and estate agency law in greater depth. The unit concludes with a consideration of financial service requirements, consumer legislation and the legal aspects of the buying and selling process

Unit 2: Practice relating to Residential Estate Agency (PREA)
This unit develops some of the principles introduced in the legal units. It looks at the process from market appraisal, taking particulars, taking instructions, marketing, negotiating the sale and progressing the transaction. At all times considering the ethical implications of acting as an estate agent.

Unit 3: Market Appraisal and Valuation Relating to Residential Estate Agency (MAVREA)
The unit starts by looking at aspects of market forces and the valuation process. It explores the use of comparables and the process of appraisal, including a consideration of the range of factors needed to appraise residential property and advise customers. It examines the three principal methods of valuation and their application, concluding with an overview of aspects of statutory evaluation and compulsory purchase.

Unit 4: Building Design and Defects for Residential Estate Agency (BDDREA) 
This unit covers buildings, their design, construction and sustainability; together with common defects, building and planning control and energy and environmental issues.

Unit 5: Business Practice (IOM) 
This unit introduces the concepts of Business Practice, including methods and processes followed by a business to manage information, company and personal performance and promote the business. 

Unit 6: Business Management (AOM)
This unit introduces the concepts of Business Management. Including the policies and practices associated with the organisation and co-ordination of activities within a business.

Click here to view common units between qualifications.

For those candidates who passed units of the NFoPP Level 5 Diploma in Residential Estate Agency, please contact us to discuss which units of the above qualification you may be exempt before registering for this qualification.  No fees previously paid for registration on the current Diploma are transferrable to the Certificate qualification.

HOW TO BEGIN

1 Read the Qualification Specification	2 Register for the qualification  online and pay the £50 fee (only enrol if you are a new candidate)
3 Study towards your qualification	4 Once payment has been confirmed, book exams online  or call Pearson Vue's booking line on 0161 8557 537. see Examination Schedule above

Entry requirements

Before enrolling on this qualification we strongly recommend candidates undertake our Level 3 Award, as we cannot guarantee that candidates will have the necessary background knowledge from their professional experience or through a qualification provided by another Awarding Organisation.

However, if candidates wish to commence at Level 4 then we will allow this, but it will be at the candidate's discretion and an email disclaimer will be required.

How long will it take?

Up to 18-36 months to complete, requiring approximately 260 hours of qualification study time in total.

You have 3 years from your date of registration to achieve all of the required units to complete the qualification. If you fail to pass all units within this 3 year timescale, you will need to re-register, but you will be able to carry over results of any previously achieved units which are still available for assessment at the time of re-registration.

How will I be assessed?

Each of the 6 units are assessed by a short essay style examination  which is taken on a computer at a UK Pearson Vue test centre.

Each examination consists of 5 scenarios and 2 questions per scenario, so a total of 10 questions, which must be answered within 2 hours. 

Please refer to the Examination Schedule  below for full details:

• 2022 Examination Schedule

The pass mark for each unit is 45%

The successful achievement of all units will result in either a final certificate showing a Pass or Distinction Grade.

In order to obtain an overall grade of Distinction, you need to achieve an overall average mark of 70% across all examinations. 

What will I get?

You will receive a nationally recognised qualification at a level broadly equivalent to a certificate of Higher Education. This qualification is also recognised by NAEA Propertymark for their Membership. 

Methods of study

We know how important it is for study to fit into your busy life. Propertymark Qualifications are distance learning based, so you decide how to prepare for the exam. It's great because you can choose when and how you study. 

Preparing and sitting Level 4 examinations

Click here for guidance on preparing and sitting your examinations. 

Sample questions

Our sample questions will help you understand the type and level of difficulty of the questions on your examinations.

Use the links below to download the sample questions first, where you can add your answers directly into the boxes provided. Once completed you can download the answer paper to check if you have covered the right criteria within your answer. 

For more information on your examinations please look at the 'how will I be assessed?' section of this page.

Workbooks and study materials

Learn in a way that suits you. With a wide range of online, interactive and printed resources from experts, there are learning packages available that support the study of Propertymark Qualifications perfectly.

Are you thinking of becoming a Member?

Propertymark members receive a £100 discount on training options and learning packages. If you want to become a member, talk about membership options with the team by  clicking here. While training courses can be attended whether you're a Propertymark member or not, membership allows you to book courses at a discounted rate and gives you access to exclusive member resources. Propertymark Qualifications have worked with colleagues at Propertymark to ensure that learners can access resources to support their study whether that's by attending a Propertymark training course or by becoming a member of a Propertymark professional body.

Choose a learning package for Level 4 that suits you

There are several ways to purchase resources depending on what works for you. Whether you like the idea of a printed book, or want access to online resources only - or both. Read the options below to find out more.

Propertymark courses

Propertymark Qualifications have worked with our colleagues at Propertymark to ensure that learners studying towards the Level 4 Certificate in Sale of Residential Property have access to resources to support your study whether you are a Propertymark member or not.

Download this leaflet to find other courses that may support your learning.

Recognised Centres and Apprenticeship providers

Private training providers deliver learning programmes and the Propertymark Qualifications exams directly to their own learners and apprentices. Each organisation who become a Recognised Centre meets stringent recognition criteria by Propertymark Qualifications and are subject to ongoing quality assurance.

A number of centres operate nationwide and are happy to take on individual learners and customers, although they may charge fees for these services in addition to those for your Propertymark Qualifications exams. Find a recognised centre.

Examinations

Examinations are held at UK Pearson Vue test centres and there are roughly 140 test centres across the country.

How much do they cost?

• £50  - registration fee
  
  
• £80 - when booking individually 

• £125 - when booking two units together that will be taken back to back on the same day by one candidate. Use promotional code promo code CERT_TWO_EXAMS when booking online.

Visit our examinations page to learn more about our examinations as well as viewing a helpful guide that will give you tips on what you should do before your exam and what you can expect to happen during and after your exam. 

Results & certification

You will be notified of your results by a formal results letter, sent to your registered postal address, following marking and quality assurance checks. Please refer to the Examination Schedule above for result issuing dates.  

A qualification certificate will also be posted to your registered postal address. You do not need to apply for the certificate or pay a further cost as the fee is included within the examination fees. 

Enrol for this Qualification