Property Agent License Singapore


The Real Estate Salesperson (RES) examination must be passed for applicants to be registered as salespeople in the sector. They must also approach a Property Agent License Singapore company to submit their salesperson registration application to CEA. Salespeople are not permitted to work for more than one estate company concurrently. After receiving an application and all necessary supporting documentation, CEA typically takes 4 to 6 weeks to approve it.


The following are the requirements for registering as a new salesperson:

1. You must be 21 or older.


2. Requires a minimum of four passes in the GCE "O" Levels or an equivalent.


3. Pass the Real Estate Salesperson (RES) exam or a comparable test.


4. Register with just one real estate agent who is licensed.


5. Cannot currently hold a licence or be a key executive officer of another estate agent.


6. Cannot possess a moneylender licence and cannot be a partner, director, or employee of a moneylender who holds a charge.    

7. Completing at least 6 hours of professional development every year is required.


8. Must have professional indemnity insurance that is in effect for at least a year after the registration's start date.


9. The contributor must not owe Medisave contributions to the Central Provident Fund (CPF) Board. To see whether you have Medisave, kindly click here.


Liabilities.


10. Accomplishing the Estate Agents Act's fit and requirements     

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