Course
Certificate in Auctioneering and Estate Agency
Introduction
The Auctioneer/Estate Agent is mainly engaged in the sale, by auction, private treaty or tender of all types of property and commodities. An Auctioneer/Estate Agent also manages property lettings, collects rents and advises generally on the development of property.
The Professional Valuer advises on sales, purchases, insurance, compulsory purchases, mortgages and probates and will also act as a Court-appointed Receiver. The Valuer advises on the intricacies of changing market conditions and a variety of related problems.
Many opportunities have opened up with the recent growth in the Irish economy. The profession itself, with personal interaction at its core, is as much about people as it is about property. A reputation for honesty and integrity are important factors in the success of an Auctioneer or Valuer. Negotiation is an important part of the work, which calls for common sense, sound judgment and attention to detail.
Career Opportunities
Graduates pursue careers as Auctioneers, Estate Agents and Valuers and also work in financial institutions such as Banks, Building Societies, and Investment Agencies etc. Career opportunities also exist in the areas of Property Management and Surveying. Graduates can further specialise in fine arts, antiques etc.
Examples of work practices are:
- Sale/purchase of residential, commercial or investment property by auction, tender or private treaty
- Valuation for sale/purchase
- Negotiation in relation to property acquisitions
- Residential lettings
- Land and property lettings
- Property management
- Property arbitration
- Consultations in relation to planning regulations
- Valuation and sale of plant and machinery
- Valuation and sale of antiques and works of art
Course Structure
Students are prepared for certification awarded by the Institute of Professional Auctioneers and Valuers (IPAV)), one of Irelands two professional Auctioneering bodies. Full members are entitled to use the designatory letters MIPAV. Students on the course become Licentiate members.
Core Elements
Year 1
- Property Valuation 1
- Construction Studies 1
- Regulatory Environment 1
- Marketing and Sales Techniques
- Professional Practice and Communications
- Economics for the Built Environment
Year 2
- Property Valuation 2
- Construction Studies 2
- Regulatory Environment 2
- Planning and Development
- Property Promotion and Advertising
- Financial Management
| Course Code |
AUC1 (first year), AUC2 (second year) |
| Duration |
2 years – full time September to May |
| Number of places |
60 in first year, 30 in second year |
| Number of contact hours per week |
25 |
| Timetable contact |
5 days |
Support Elements
- Study Skills
- Career Advice and CV Preparation
- Enterprise Workshop
Semesterisation
The course is semesterised with exams in December and May. Students must pass all subjects in both years to gain the Certificate. Learners must complete course work in all subjects each semester.
Work Experience
Students undertake two weeks work experience in year 2 of the course.
Assessment and Certification
- The course is certified by IPAV.
- Applied Information Technology is certified by FETAC.
- CAD is certified by City & Guilds.
Progression
Education/Training
- Diploma
Students who successfully complete the Certificate program and satisfy the IPAV requirements may choose to progress to the Diploma in Property Management and Valuation. The course is offered in the College of Commerce Cork, which is an out-centre for the Faculty of the Built Environment at the University of the West of England, Bristol. Learners who wish to progress will be required to attain at least a grade C (at Certificate level) in each of the following subjects: Valuation, Regulatory Environment, Professional Practice and Construction Studies.
- Degree
Successful Diploma candidates may proceed to a BSc (Hons) Real Estate (Valuation and Management) at the University of the West of England, Bristol for one further year.
Learners awarded this degree are granted complete exemption from the examination of the incorporated Society of Valuers & Auctioneers UK (SVA).
Full Membership of IPAV can be achieved in any one of the following ways:
- Certificate (2 years study) + 2 years approved work experience
- Diploma (3 years study) + 1 years approved work experience
- Degree (4 years study)
Career
Graduates are well placed with a wide choice of employment.
Entry Requirements
Year 1
Passes in five subjects, with at least two grade Ds at higher level. Grades A or B at ordinary level may be considered. Ordinary maths or the alternative maths course is acceptable.
-
Leaving Certificate Applied and Leaving Certificate Vocational Programme
Applicants should submit details of achievements.
Holders of Higher/Further educational or professional qualifications, which are acceptable to IPAV, may apply.
-
Mature Students (inluding VTOS and BTEA)
Applicants who can demonstrate to IPAV their general ability to complete this course may apply.
All applicants will have an advisory meeting to offer guidance and to ensure course suitability.
Leaners are required to register with IPAV as Licentiate members of the Institute.
Year 2
Applicants must have completed and successfully passed all subjects in Year 1.
Further information is available from:
IPAV
129 Lower Baggot Street
Dublin 2
Telephone: (01) 678 5685
e-mail: lodonnell@ipav.ie
www.ipav.ie
IPAV is a representative body for qualified, practising auctioneers, valuers and estate agents throughout Ireland. IPAV is affiliated to the Confederation of European Estate Agents (CEI) which represents over 40,000 estate agents across Europe. The Confederation promotes cross border trading throughout Europe.
Fees
There are no tuition fees for EU students. At course commencement, students are required to pay for books, exams, a College Registration Fee and where applicable professional body registration fees.