There are more than 30,000 licensed real estate agents in Singapore and despite being an extremely competitive trade with no basic salary and high dropout rate, the industry continues to attract many individuals every year.
If you are looking for a real estate career in Singapore, I strongly encourage you to speak to a real estate practitioner to find out more about the trade before you dive into the RES course. You are most welcome to drop me a text by clicking on the WhatsApp icon at the bottom screen or just pick up the phone to call me at 9001-5060. I will be more than happy to share with you all the things I wished I knew before jumping into the industry.
Registration Criteria for Salesperson
Under the regulatory framework administered by the Council for Estate Agencies (CEA), one of the registration criteria for property agents is that they must pass the CEA’s Real Estate Salesperson (RES) Examination or have equivalent qualification. This is to ensure that property agents intending to do estate agency work are well-qualified, professionally competent and possess a basic level of knowledge in real estate industry and property related matters.
To find out more about the registration criteria, you could refer to CEA website.
Do note that only courses provided by CEA Approved Course Providers will be recognised for licensing/registration purposes. For the list of CEA Approved RES Course Providers, click here.
The course fee (excluding exam fees) differs among the Course Providers but typically in the range of $700 to $800. Applicants can also utilise their SkillsFuture Credit (Singaporeans only) of up to $500 and also apply for UTAP Funding of up to $250.
The exam takes place 3 times a year in the month of Feb, Jun and Oct. Exam fees are $417.30 (incl. GST) for 2 papers and $235.40 (incl. GST) for each individual paper.
Already signed up or completed the RES course? Check out our study tips on how to prepare for the RES Exam.