All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source. |
SOUTH AFRICAN QUALIFICATIONS AUTHORITY |
REGISTERED UNIT STANDARD THAT HAS PASSED THE END DATE: |
Conduct managerial functions at an auction |
SAQA US ID | UNIT STANDARD TITLE | |||
377280 | Conduct managerial functions at an auction | |||
ORIGINATOR | ||||
Task Team - Auctioneering | ||||
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY | ||||
- | ||||
FIELD | SUBFIELD | |||
Field 03 - Business, Commerce and Management Studies | Marketing | |||
ABET BAND | UNIT STANDARD TYPE | PRE-2009 NQF LEVEL | NQF LEVEL | CREDITS |
Undefined | Regular | Level 5 | NQF Level 05 | 8 |
REGISTRATION STATUS | REGISTRATION START DATE | REGISTRATION END DATE | SAQA DECISION NUMBER | |
Passed the End Date - Status was "Reregistered" |
2018-07-01 | 2023-06-30 | SAQA 06120/18 | |
LAST DATE FOR ENROLMENT | LAST DATE FOR ACHIEVEMENT | |||
2024-06-30 | 2027-06-30 |
In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise. |
This unit standard does not replace any other unit standard and is not replaced by any other unit standard. |
PURPOSE OF THE UNIT STANDARD |
This Unit Standard is for people who are required to manage the process at auction sales. It does not include the actual bidding process, but covers all other aspects of the sale. The qualifying learner is capable of: |
LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING |
It is assumed that a learner will be competent in: |
UNIT STANDARD RANGE |
Specific Outcomes and Assessment Criteria: |
SPECIFIC OUTCOME 1 |
Familiarise self with the products on sale. |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
Products on sale are analysed and classified according to type, condition and value. |
ASSESSMENT CRITERION 2 |
Background information on products is obtained in order to provide additional information to prospective bidders, thereby ensuring a fair process. |
ASSESSMENT CRITERION 3 |
Noteworthy aspects pertaining to each item are recorded for use during the auction. |
SPECIFIC OUTCOME 2 |
Demonstrate understanding of the price range for various products. |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
Real value of products is determined in accordance with industry acceptable practices for the type of product. |
ASSESSMENT CRITERION 2 |
The minimum and maximum selling range for similar products is determined in accordance with organisational procedures. |
ASSESSMENT CRITERION 3 |
The reason for knowing values and price ranges is explained in terms of judging the audience and determining a starting bid. |
SPECIFIC OUTCOME 3 |
Conclude the sale. |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
The bidding process is concluded in accordance with organisational procedures. |
ASSESSMENT CRITERION 2 |
The conditions of sale are confirmed and explained to successful bidders. |
ASSESSMENT CRITERION 3 |
The successful bidder is acknowledged and informed of the outcome of the bid. |
ASSESSMENT CRITERION 4 |
The consequences of not adhering to the conditions of sale are described in terms of penalties and legal action. |
ASSESSMENT CRITERION 5 |
Successful bidders are invoiced for the products purchased. |
ASSESSMENT CRITERION 6 |
Required documentation is completed in the required format and timeframe. |
ASSESSMENT CRITERION 7 |
Removal and dispatch of auctioned items are conducted according to standard operating procedures. |
SPECIFIC OUTCOME 4 |
Resolve conflict at an auction. |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
Conditions of sale are explained to clients in line with auction conditions and organisational procedures. |
ASSESSMENT CRITERION 2 |
Verbal and non-verbal communication from disgruntled audience members is actioned to minimise potential conflict at a later stage. |
ASSESSMENT CRITERION 3 |
Consequences of using a confrontational manner in dealing with disgruntled clients are explained in terms of individual and organisational reputation, as well as the resolution of the conflict. |
UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS |
UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE |
UNIT STANDARD DEVELOPMENTAL OUTCOME |
N/A |
UNIT STANDARD LINKAGES |
N/A |
Critical Cross-field Outcomes (CCFO): |
UNIT STANDARD CCFO IDENTIFYING |
Identify and solve problems as soon as they arise by using critical and creative thinking. |
UNIT STANDARD CCFO WORKING |
Work effectively with others with regard to the eliciting of bids and encouraging bidders. |
UNIT STANDARD CCFO ORGANISING |
Organise and manage oneself and one's activities so that auction details are on hand at all times. |
UNIT STANDARD CCFO COLLECTING |
Collect, evaluate, organise and critically evaluate information pertaining to items on auction in order to provide effective data to clients. |
UNIT STANDARD CCFO COMMUNICATING |
Communicate effectively so that the auction business is enhanced and to demonstrate a professional attitude. |
UNIT STANDARD CCFO SCIENCE |
Use science and technology to capture and store client and auction information. |
UNIT STANDARD CCFO DEMONSTRATING |
Demonstrate an understanding of the world as a set of related systems where accurate information regarding auctions leads to a positive image for the organisation. |
UNIT STANDARD CCFO CONTRIBUTING |
In order to contribute to the full personal development of each learner and the social and economic development of society at large, it must be the intention underlying any programme of learning to make an individual aware of the importance of being culturally and aesthetically sensitive over a range of social contexts when soliciting bids. |
UNIT STANDARD ASSESSOR CRITERIA |
N/A |
REREGISTRATION HISTORY |
As per the SAQA Board decision/s at that time, this unit standard was Reregistered in 2012; 2015. |
UNIT STANDARD NOTES |
N/A |
QUALIFICATIONS UTILISING THIS UNIT STANDARD: |
ID | QUALIFICATION TITLE | PRE-2009 NQF LEVEL | NQF LEVEL | STATUS | END DATE | PRIMARY OR DELEGATED QA FUNCTIONARY | |
Core | 80547 | National Certificate: Auctioneering Practices | Level 5 | NQF Level 05 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | SERVICES |
PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS UNIT STANDARD: |
This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here. |
NONE |
All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source. |