Interested in the real estate industry? Do you want to work as a Property Agent Course? Do you want to know how to enter this rewarding and fascinating real estate agency industry?
We’ve put together a thorough guide to help you realise your professional aspirations as a real estate agent, so stop looking farther! Continue reading to get your real estate career going.
What are the costs associated with taking and passing the tests for real estate licencing?
Courses and Tests for Real Estate Salespersons (RES)
Real Estate Salesperson (RES) courses that prepare you for your final RES tests must be taken in order to earn your real estate agent licence and ID tag. Each and every aspirant real estate agent is required to take this course.
You should anticipate paying between $700 and $800 with reputable RES course providers. NTUC members under 40 are eligible for UTAP subsidies of up to $250 and an additional $500 in assistance for RES courses and tests.
Additionally, Singaporeans and PRs 25 years of age and older are eligible for SkillsFuture credits of up to $500.
The average price for two RES test papers (GST included) comes to $417.30. This will rise to $235.40 (GST included) each test paper for repeaters.
After RES Exams & Courses
You must pay to register with an authorised estate agent after passing examinations. For new agents, there are often recruiting incentives…
But be careful not to succumb to getting seduced too early! Freebies will never compare to a knowledgeable and skilled RES mentor, which is who you should seek out.
You should budget at the very least for the following expenses:
$53.50 for real estate salesperson registration plus $230 in yearly CEA fees equals $283.50.
$120 to $150 for professional indemnity insurance
Agency charged $300 to $500 in administrative fees for name cards, ID tags, start-up training, and other services.
What is the subject of the real estate salesperson course?
You must pass the RES course, which was launched in 2010 and is provided by CEA-approved course providers, in order to become a licensed property agent.
With the help of these courses, you can learn and comprehend Singapore’s real estate laws in general, including those governing the purchase, sale, and rental of HDB flats, private apartments, condominiums, commercial business spaces, industrial properties, and similar properties, as well as the governing rules and policies surrounding property agency work in Singapore.
RES courses include such a broad spectrum of real estate issues that even seasoned real estate agents with more than ten years of experience still struggle to completely recall all the content. Don’t be misled, however; this isn’t simply a basic once-off course.
You must fulfill the following conditions before enrolling in the RES course:
- Age requirement is 21 or older.
- Permanent Resident or Singaporean
- 4 GCE ‘O’ level passes, or the equivalent, are required (WPLN)
- Meets CEA fit and appropriate requirements
What timetable are the RES exams?
Congrats! What do you do now that you’ve finished the RES course?
These normally occur three times every year: in February or March, June, and October. You must pass both of the RES test papers in order to become a licenced real estate agent.
As RES tests are often overcrowded and registration closes one to two months before the exam itself, make sure you are current on the registration procedure and all the administrative paperwork you will need to fill.
You should enroll as soon as you can since you don’t want to squander any time!
To take the RES tests, do I need to meet any requirements?
Last but not least, and most significantly, make sure you passed the RES course with a minimum attendance of 75%.
Do you long for that illusive Real Estate Agent Course Certificate of Completion? We know you are, so make sure you’ve been paying attention in class. You don’t want to be let down on test day, do you?
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