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Joining Requirement and Procedures
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All real estate salespersons (RES) in Singapore must be registered with the Council for Estate Agencies (CEA) through a licensed estate agent (EA). To join the real estate agency industry, you will need to fulfil the eligibility criteria for RESs, complete the RES course, and pass the RES examination. Here are more useful information if you aspire to become an RES.
Duties and responsibilities of real estate salespersons
Estate agents (EAs) and real estate salespersons (RESs) are responsible for promoting and safeguarding consumer interests in property transactions. When you join the real estate agency industry as an RES, you must adhere to the Council for Estate Agencies’ (CEA) regulatory framework.
For example, when carrying out a property transaction as an RES, you must:
- Offer your client professional advice
- Represent your client in negotiation and promptly update your client on all offers and proposals
- Assist your client to enter into a contractual agreement and explain to your client all relevant documents
- Seek your client’s prior consent before advertising their property
- Declare to your client any conflict of interest and related income/ referral fees
- Explain clearly to your client the advantages of co-broking with other RESs
How to become an RES
- To join the real estate agency industry as an RES, you will need to:
- Complete the RES course conducted by a CEA Approved Course Provider
- Secure and register for a seat at the RES examination
- Pass both RES examination papers or equivalent
- Approach a licensed EA to submit an RES registration application to CEA
Registration criteria
The criteria for salesperson registration are as follows:
- Must be at least 21 years old.
- Must have a minimum of four GCE O-Level passes or equivalent.
- Possess a pass in the Real Estate Salesperson (RES) examination or equivalent.
- After attaining above, be registered with CEA through one licensed estate agent.
- Must not be an existing licensee/Key Executive Officer of another licensed estate agent
- Must not hold a moneylender’s licence and not be an employee, director, or partner of a licensed moneylender
- (Applicable only for returning and renewing salespersons) Fulfil Continuing Professional Development (CPD) requirements for each CPD cycle.
- Must be covered by a Professional Indemnity Insurance valid for at least one year from the commencement date of the registration
- Must be up-to-date with Central Provident Fund Board (CPFB)’s MediSave contributions.
- Fulfil the fit and proper criteria under the Estate Agents Act
Real estate salesperson course
Aspiring real estate salespersons must complete the examination preparatory course conducted by CEA Approved Course Providers and obtain their Certificates of RES Course Completion, before registering for the RES examination.
The Council for Estate Agencies (CEA) requires aspiring real estate salespersons (RESs) to complete the RES examination preparatory course conducted by CEA Approved Course Providers (ACP) and obtain the Certificate of RES Course Completion before registering for the RES examination. Only course completion certificates issued by CEA ACPs will be recognised for the purpose of taking the RES examination.
The Certificate of RES Course Completion has a validity period of two years. You are eligible to take the RES examination within two years from the date of your Certificate of RES Course Completion. Beyond the two-year validity period, you must attend and complete the RES course again should you wish to take the RES examination. There will be no extension to the RES course certificate validity period.
List of CEA Approved Course Providers
Life Mastery Academy Pte Ltd
Website: www.lma.com.sg
Tel No: 6255-6091 / 6255-6083
Email: res@lma.com.sg
Office: Blk 190 Lorong 6 Toa Payoh #02-510 Singapore 310190
Here, if you wish to find out more on the joining requirement and procedure. Please visit Council for Estate Agencies’ (CEA).
