Qualifications

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

QUICK LINKS:   How to beginMethods of study | Examinations | Results and certification

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.

 

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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.

Unit 5 and Unit 6 are common units across the Level 4 qualifications.

*Entry requirements for this qualification require candidates to hold the Level 3 Award in Sale of Residential Property

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

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Read the Qualification Specification

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Register for the qualification  online and pay the £50 fee
(only enrol if you are a new candidate) 

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Study towards your qualification

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Once payment has been confirmed, book exams online or call Pearson Vue's booking line on 0161 8557 537.

see Examination Schedule below

 

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?

This qualification is assessed by short essay style examinations, with each one lasting 2 hours.

Examinations can be booked anytime in the year however, the examination dates are set periods.  Please refer to the Examination Schedule below for full details.

Examinations are manually marked by an examiner and modified by an experienced and qualified moderator.

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

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Our qualifications are distance learning so it is at your discretion how you prepare for your examinations, using the Qualification Specification. 

Qualification Specification
This document outlines what you will be assessed on. Ensure you cover all learning outcomes to fully prepare for examinations. 

Study materials
MOL provide study materials to support our qualifications. To enquire about their packages, you can contact them on 0345 203 2103 or visit their website

There are two prices for MOL's hardcopy study materials which are in the region of: 


Examinations

Qualification

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. This is normally sent by post seven weeks after the examination window closes, but may be delayed due to public holidays. 

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. 


Useful Documents

 

Enrol for this Qualification

 

I learned so much, it was fantastic
~ Candidate, East Midlands

 ...just having the qualification makes me feel even more confident in my role.
~ Elizabeth Anderson

The relationship between a landlord and their agent should be a long one, built on trust and confidence, and what better way to assure your landlord than having proof of your knowledge with a professional qualification.
~ Sara Hawkins

Having these qualifications really helps you prepare for the property industry, as you learn relevant information that will aid you in a property related job.
~ Nina Chambers

By undertaking a qualification with Propertymark Qualifications, it not only helps in giving property experts the knowledge they need to do a better job but it also gives us something just as valuable...credibility. 
~ Andrew Everett

Propertymark Qualifications - Arbon House, 6 Tournament Court, Edgehill Drive, Warwick, Warwickshire, CV34 6LG - Tel: 01926 417 794