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THE INTERN ESTATE AGENT




THE INTERN ESTATE AGENT

MANDATORY WORKPLACE LEARNING PROGRAMME LOGBOOK AND WORKPLACE PORTFOLIO OF EVIDENCE 1|Page

THE INTERN ESTATE AGENT

TABLE OF CONTENTS

Draft Contract of Internship Background and Overview Scope of practical projects Workplace experiences  Induction  Product training  Law  Finance  Marketing, selling and leasing of property  Management  Administration  Paralegal Suggested Projects  Project 1  Project 2  Project 3  Project 4  Project 5  Project 6  Project 7  Project 8  Project 9  Project 10 2|Page

TABLE OF CONTENTS

PORTFOLIO OF EVIDENCE

Personal section Induction Performance appraisals Product knowledge Self-development Law Finance Marketing Management Administration Paralegal Marketing electives Finance Questionnaire Matrix 3|Page

PORTFOLIO OF EVIDENCE

An example of an internship agreement/contract is provided for possible use by

the parties to the internship arrangement. The agreement/contract may either be used entirely in its current format or so amended as necessary to meet individual circumstances. INTERNSHIP AGREEMENT This Contract of Internship is made and entered into by and between _________________________, a full status principal estate agent holding a valid fidelity fund certificate issued by the Estate Agency Affairs Board (hereinafter referred to as “the Principal”), and _________________________________________________________, identity number __________________________ (hereinafter referred to as “the Intern”), pursuant to which: 1. The Intern binds him/herself and commits and undertakes – 1.1 to serve the Principal diligently, honestly, properly and confidentially in and about his/her profession as an estate agent for a continuous period of twelve months commencing as and from the date of the issue to the Intern of an intern‟s fidelity fund certificate by the Estate Agency Affairs Board; 1.2 to execute all lawful instructions that may be given to him/her by the principal, or by any other full status estate agent in the service of the Principal who has been delegated by the Principal to issue any lawful instructions to the Intern, in and about the course and scope of his/her service as an intern estate agent to the Principal; 1.3 not to absent him/herself from the service of the Principal without the Principal‟s consent to do so having first been sought and obtained; 1.4 to devote him/herself conscientiously to the business of the Principal and not to engage in any business whatsoever other than that of intern estate agent in the service of the Principal unless the written consent of the Principal to do so has been sought and obtained by the Intern. 4|Page

An example of an internship agreement/contract is provided for possible use by

2. The Principal commits and undertakes that –

2.1 he/she will use his/her best efforts and endeavours diligently to mentor, teach and instruct the Intern in the practice and profession of an estate agent; and 2.2 he/she will actively supervise and meticulously appraise the estate agency functions and activities of the Intern from time to time and will, furthermore, ensure that the Intern accurately maintains and keeps the mandatory workplace learning programme logbook and that he/she will duly sign-off such logbook prior to its submission to the Estate Agency Affairs Board on the termination of the internship period to enable the status of the Intern to be upgraded to that of full status non-principal estate agent. 3. The parties acknowledge that they are fully aware of the provisions of Regulations 2(4) and (5) of the Standard of Training of Estate Agents Regulations, 2008, in respect of the estate agency acts which the Intern may and may not perform, and hereby undertake to comply strictly therewith. 4. Should the Intern fail either: 4.1 4.2 to be duly certificated against the Further Education and Training Certificate: Real Estate, or an equivalent qualification, during the internship period referred to in paragraph 1.1 above; and/or to pass the Professional Designation Examination for non-principal estate agents during that period; it is agreed that the internship period shall be extended for a further period, not to exceed an additional period of twelve months, to enable the intern to be duly certificated against the Further Education and Training Certificate: Real Estate, or an equivalent qualification, and to pass the Professional Designation Examination for non-principal estate agents. 5|Page

2. The Principal commits and undertakes that –

5. Should the Principal discontinue practicing as an estate agent or should the Intern

wish to secure the services of an alternative principal estate agent during the duration of the internship period it is agreed by the parties that the Intern shall be entitled to cede this contract of internship to another Principal for the remainder of the internship period. 6. Should the Intern: 6.1 fail to serve the required period of internship in accordance with this contract of internship; and/or 6.2 commit a material breach of this contract of internship; and/or 6.3 be found guilty by a court of law in respect of any offence involving an element of dishonesty; and/or 6.3 be found guilty by a committee of inquiry of the Estate Agency Affairs Board of conduct deserving of sanction; the Principal shall be entitled forthwith to cancel this contract of internship and to dismiss the Intern from his/her service. 6|Page

5. Should the Principal discontinue practicing as an estate agent or should the Intern

Thus done and signed at _________________________ on this _________ day of

__________________, 20___, by the parties. ___________________________ Principal ___________________________ Intern __________________________________ Parent or guardian if the Intern is a minor 7|Page

Thus done and signed at _________________________ on this _________ day of

Details of intern estate agent:

Name: Identity number: Contact details: Telephone no: Cellular no: E-mail address: Employer: Principal (name and surname): Details of mentor/coach/supervisor (if the mentor/coach/supervisor is not a principal of the firm): Starting date: Completion date: A copy of the intern estate agent‟s identity document must be attached to this page. 8|Page

Details of intern estate agent:

Details of initial principal/mentor/coach/supervisor (“the principal”)

Details of mentor/coach/supervisor (to be Details of principal: completed where the proposed mentor/coach/supervisor is not a principal of the firm): Name: Name Surname: Surname ID Number: ID Number Individual number: reference Individual number: reference Name of firm: Name of firm: Physical address of firm: Physical firm: Contact details of firm: Contact details of firm: Contact details of mentor/coach/supervisor: E-mail address of mentor/coach/supervisor: Contact details of principal: E-mail address of principal address of A blank letterhead reflecting full details of the principal‟s estate agency enterprise must be attached to this page. 9|Page

Details of initial principal/mentor/coach/supervisor (“the principal”)



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