Real Estate Salespersons Course & Exam
Real Estate Salespersons (RES) Course & Exam
Ready for a career in the Real Estate Industry?
One of the registration criteria for property agents (or self-employed agents) is that they must pass the Council for Estate Agencies (CEA) Real Estate Salesperson (RES) examination or have equivalent qualification.
The RES course provides you with a thorough explanation of industry concepts and agency practice standards.
This criteria is to reinforce CEA’s goal to maintain an industry standard for agents wanting to pursue estate agency work to be professionally equipped and qualified while upholding good ethical standards.
Am I Eligible to take RES Course?
New entrants must meet the educational qualification of a minimum of 4 GCE 'O' Levels passes in 2 sittings / Higher NITEC / Diploma from local government polytechnic / Degree and above from local government universities, or its equivalent is one of the regulatory requirements for salespersons.
Applicants having other qualifications (e.g. overseas qualifications or private diplomas etc.) will need to have their qualifications assessed by CEA to determine that the educational qualification requirement is met. They must submit original certificates, full transcripts and official translation (if qualification is not in English) together with the CEA Request Form in person for submission to CEA.
Applicants who have attained Level 5 and higher for the Workplace Literacy and Numeracy (WPLN) assessment in these 5 components (Reading, Listening, Speaking, Writing and Numeracy) will be recognised in lieu of 4 GCE "O" level passes.
Note: Complete the RES course with a minimum 75% attendance record before they are eligible to receive the "Certificate of Completion for RES Course"
What is Real Estate Salespersons Exam?
RES course & exam is a preparatory course for all new entrants interested in pursuing a career in real estate.
The Certificate of RES Course Completion has a validity period of 2 years for the purpose of determining eligibility to take the RES examination. Candidates are eligible to take the RES examination within 2 years from the completion date of their RES Course. Beyond the validity period, candidates will be required to attend and complete the RES course again before they become eligible to take the RES examination.
The syllabus is prepared in the context of laws in Singapore governing real estate agency work with focus on sale and lease transactions involving residential, commercial and industrial properties located in Singapore.
The syllabus does not include laws or regulations of other countries governing transactions of foreign properties. Real estate agents are advised to be familiar with such laws or regulations when advising their clients in foreign property transactions / investments.
RES course participants are required to pass the RES examination within 2 years from the date of issue of the "Certificate of Completion" of RES course.Participants who are unable to pass both papers within the 2-year timeframe; will be required to re-take the RES course and sit for the full RES examination i.e. both Papers 1 and 2.
What does Real Estate Salesperson Course Exam Syllabus cover?
The RES examination syllabus is designed to ensure real estate agents meet the expectations required of them:
>> Have good knowledge of the concepts of real estate and agency practice;
>> Have basic knowledge of the legal requirements and laws governing property transactions and real estate agency work;
>> Have basic knowledge of the terminologies and concepts used in real estate transactions and leasing with the understanding of the need to comply with the requirements of the law;
>> Understand the requirements of the Estate Agents Act 2010 and subsidiary legislation including Code of Ethics and Professional Conduct, and of the Council for Estate Agencies (CEA);
>> Ability to handle a typical property transaction effectively and in compliance with the law, government policies, rules and CEA’s prescribed regulations and practice guidelines.
What is Real Estate Salesperson Exam Schedule 2019?
The RES Examination is administered by CEA’s appointed exam administrator SEAMEO Regional Language Centre (RELC). The appointed exam administrator will coordinate the registration of candidates, conduct the examination and notify candidates of their results.
23 Feb, Sat (9:30am-12pm) PAPER 1
24 Feb, Sun (9:30am-12pm) PAPER 2
29 Jun, Sat (9:30am-12pm) PAPER 1
30 Jun, Sun (9:30am-12pm) PAPER 2
19 Oct, Sat (9:30am-12pm) PAPER 1
20 Oct, Sun (9:30am-12pm) PAPER 2
Under exceptional circumstances, the RES examination dates are subject to change. Please check the examination timetable with CEA prior to examination registration.
Both Papers 1 & 2: * Section A: 50 Multiple Choice Questions (MCQs) - 1 mark each
* Section B: 15 MCQ with reference to 1 or 2 Case Studies – 2 marks each
* Section C: 10 Fill in the Blank Short Answer Questions (SAQs) - 2 marks each
A journey of a thousand miles, begins with a single step!