THE COMPLETE GUIDE TO
THE RES COURSE 2023
Are you interested in learning more about Singapore’s thriving and dynamic real estate market? Becoming a real estate agent may be a rewarding and exciting career choice. But the road to becoming a certified real estate salesperson is not a simple one.
You must first finish the Real Estate Salesperson (RES) course and pass the RES Examinations in order to proceed. You can only become a real estate salesperson registered with the Council for Estate Agencies (CEA) after fulfilling these prerequisites.
We bring to you this thorough guide to provide you a thorough grasp of the procedure and expectations involved in getting your licence.
1. RES Course Fee 2023
The Real Estate Salesperson (RES) course is offered by the Council for Estate Agencies (CEA) certified training providers for a range of costs between $650 and $784. Please see the following sections for a complete list of suggested suppliers.
- Persons who are 25 years of age or older, Singaporeans, or Permanent Residents may use up to $500 in SkillsFuture credits to defray the cost of the course.
- Moreover, NTUC members are qualified for a UTAP exam price subsidy of up to $250.
2. Fees of RES Course in 2023
The Real Estate Salesperson (RES) Exams comprise of two papers and entail a fee of $417.30 (inclusive of GST).
In case of retaking the papers, the cost for each paper amounts to $235.40 (inclusive of GST).
Upon clearing the exams, individuals are required to register with a licensed estate agency. It is pertinent to note the following associated costs:
- Real Estate Salesperson Registration Fee: $53.50 + $230 (annual CEA fee) = $283.50
- Professional Indemnity Insurance: $120
- Agency levied admin fee for name cards / ID Tag / Start Up Course etc: Typically ranging between $300 to $500
In totality, aspiring real estate agents need to allocate approximately $2,200 towards obtaining their real estate licence through a licensed estate agency, provided they clear the exams on the first attempt.
3. RES Examination Registration
Please take note of the following important information:
- To register for the Real Estate Salesperson (RES) Exams, candidates must have completed the full course of COVID-19 vaccination, recovered from COVID-19 within the past 180 days, or do not qualify for COVID-19 vaccines.
- A registration invitation email with the specified date will be sent to all participants. The documents required for registration, including Course Completion Certificate, Highest Qualification Certificate, CEA Assessment Letter, Result Slip, Polymerase Chain Reaction (PCR) Test, Healthcare-administered Antigen Rapid Test (ART), Serology test result, and Doctor’s memo for COVID-19, must be saved in JPEG, PNG, or PDF format and not exceed 2MB in size.
- Registration and payment must be completed within 30 minutes. Compatible web browsers include Google Chrome, Apple Safari, Microsoft Edge, Mozilla Firefox, and Google Chrome.
- Once payment has been made, there will be no refund issued. Upon approval of registration, candidates are deemed to have agreed to abide by the policies and procedures set by the Council for Estate Agencies (CEA) for the RES Exams.
- Any breach of the exam rules may result in the CEA barring the candidate from future exams.
4. Exam schedule for Real Estate Salespersons (RES)
Participants who complete the RES Course with a minimum attendance percentage of 75% will get a certificate recognising their accomplishments.
As a result, participants can register for the RES Examinations at the NTUC LearningHub Pte Ltd beginning in 2022 with the certification, as the SEAMEO Regional Language Centre (RELC) will no longer be handling exam administration after that date.
The RES Examinations are currently offered three times a year, in February, June, and October.
It is advised to register at least two months in advance to guarantee that you get your preferred exam date.
Please be aware that registration will end one to two months before the exam.
NTUC LearningHub Pte Ltd (LHub)
Website: https://res.ntuclearninghub.com/
Hotline: (Mon – Fri, 8:30 am to 5:30 pm): 6336 5482
E-mail: rea@ntuclearninghub.com
Address:
NTUC Trade Union House
73 Bras Basah Road #02-01
Singapore 189556
RES Exam Format
Effective from 2023, there has been a modification in the RES Exam format, where the fill-in-the-blank short answer section will no longer be included. The new format comprises of two papers, Paper 1 and Paper 2, each with a duration of 2.5 hours.
Paper 1 includes Section A with 60 multiple-choice questions carrying 60 marks, and Section B with 20 multiple-choice questions based on one or two case studies carrying 40 marks. Similarly, Paper 2 includes Section A and Section B, each containing 50 multiple-choice questions with a reference to one or two case studies, and carrying 60 and 40 marks respectively.
The revised format aims to assess the candidates’ ability to analyze and interpret issues in the context of practice-oriented case studies. Paper 1 tests the candidates’ knowledge of Competency Unit 1, which covers “Real Estate Agency Industry Overview and Basic Land Law Concepts,” and Competency Unit 2, which covers “Dealings with Interests in Land.” Paper 2 evaluates the candidates’ knowledge of Competency Unit 3, which covers “Regulation of Real Estate Agency Industry and Real Estate Marketing,” and Competency Unit 4, which covers “Property Transactions.”
To obtain a license, the candidate must pass both papers, with each paper requiring a passing score of 60%. The passing score for each examination paper is subject to review by the Council for Estate Agencies (CEA).
RES Exam Result Declaration Notification
The exam administrator will let the candidates know the outcomes of the test. Applicants may retake the test in a modular session if they have successfully completed one paper.
One of the following formats—
1. Pass (P)
2. Fail (F)
3. Pass Paper 1; Fail Paper 2 (P1 F2).
4. Fail Paper 1; Pass Paper 2—will be used to communicate the exam results (F1 P2).
Within two years of receiving their certificate of completion for the RES Course, participants are required to pass the two-paper RES Examinations. If a candidate passes one of the RES Examinations’ papers in a modular session, they must pass the other papers within the allotted 2-year period. If this wasn’t done, the candidate would have to retake the RES course before attempting both Paper 1 and Paper 2 again, rendering the modular pass of one paper invalid.
Foreigners and real estate agents should pay attention to this important note
It is crucial to remember that simply attending the RES Course and passing the examinations won’t get you the right to work as a real estate agent. The aforementioned course and examinations make up a small portion of the overall requirements.
Candidates must also satisfy additional registration requirements outlined in the current regulations in order to be considered, which includes submitting a salesperson registration application to CEA via an authorised estate agency.
Candidates interested in the RES Course are urged to study the list of registration requirements posted on the CEA website before registering (www.CEA.gov.sg).
When registering with CEA as a real estate salesperson, foreign applicants who are thinking about a career in real estate sales must have a current Employment Permit (EP) issued by the Ministry of Manpower (MOM). Upon enrolling in the RES Course, individuals must also submit a letter of sponsorship from their real estate firm.
It is therefore essential to start by looking for a reputable real estate company that is prepared to offer assistance with the registration procedure, lead the applicant through the application process, and provide necessary counsel.
RES Course Providers Approved by CEA in 2022
Selecting a reputable and trustworthy RES course provider is essential for anybody interested in a career in real estate.Considering the opinions of fresh real estate agents who have joined our team, we suggest the following training facilities to help you make this decision:
We advise centrally positioned folks to take into account BenchMark RealPro and Real Centre Network, both of which have received favourable ratings.
For individuals who reside in the west, Pioneer Training & Consultancy comes highly recommended.
The Singapore Estate Agents Association is the best option for people who live in the east.
To meet the needs of working adults and parents, each of these real estate schools provides several RES course schedules. There are weekend-only, Saturday-only, specialised weeknight classes, and express classes on the course calendar.
Details here:
Hastor Property Services
Website: www.hastor.com.sg
Tel: 62522802
Email: Training@hastor.sg
Venue: 190 Lorong 6 Toa Payoh #02-514, Toa Payoh Central,
Singapore 310190
(Located above KFC, please use the stairs beside KFC and go up to Level 2)
Institute of Estate Agents
Website: www.iea.sg
Tel No: 6323 1770
Email: courses@iea.sg
Venue: 480 Lorong 6 Toa Payoh #07-01 HDB Hub East Wing Singapore 310480
Pioneer Training & Consultancy Pte Ltd
Website: www.pioneertraining.org
Tel No: 6462 6093 / 9424 3483
Email: pioneertc@gmail.com
Venue: Blk 134 Jurong Gateway Road #03-309P Singapore 600134
Real Centre Network Pte Ltd
Website: www.realcentrenetwork.com
Tel No: 6511 3009
Email: info@realcentrenetwork.com
Venue: 490 Lorong 6 Toa Payoh #09-16 HDB Hub Biz 3 Singapore 310490
BenchMark RealPro Pte Ltd
Website: https://www.benchmarkrealpro.com
Tel: 67355860 / 67355861
Email: benchmarkrealpro@gmail.com
Venue: 151 Chin Swee Road #03-31 Manhattan House Singapore 169876.
Singapore Estate Agents Association
Website: www.seaa.org.sg
Tel No: 6702 1602 Email: edu@seaa.org.sg
Venue: 60 Paya Lebar Road #13-23 Paya Lebar Square Singapore 409051 (Office Lift Lobby 1)
Union Training Assistance Programme (UTAP)
The Union Training Assistance Programme (UTAP) is designed to support NTUC members in their training and development pursuits. Members can receive up to 50% funding (maximum of $250 per year) to defray the cost of courses and exams. For members aged 40 and above, higher funding support of up to $500 per individual is available, subject to meeting certain conditions. This funding is limited to 50% of the unfunded course/exam fees borne by the member during the period of 1 July 2020 to 31 December 2022.
To qualify for UTAP reimbursement, NTUC members must meet the following requirements:
- Membership fees must be fully paid before the commencement of an exam and throughout the entire duration of the exam.
- The exam must be conducted by a training provider approved by UTAP, and it must take place during the supported period.
- No other forms of funding, such as company sponsorship, should be used to cover the exam fees.
- The member must have taken the exam.
Upon passing the exam, members have up to six months to submit a UTAP application for reimbursement.
Comparing the types of RES courses
Which RES Course and Training Center should you choose?
Do you need assistance choosing between the 9-week course and the express course?
We cordially encourage you to read our in-depth analysis of the courses offered by the five main course providers. Whether you are a full-time working mother or a self-employed person with flexible schedules, our examination takes into account your particular circumstances.
Our study includes a thorough examination of the expenses, length, and rigour of each type of course, as well as the ideal student for each.
We hope that you find our review to be helpful.
Once I pass the RES Exams, what happens next?
Congrats on passing the difficult examinations and training sessions! You should be proud of what you’ve accomplished because your commitment and effort have paid off.
If you haven’t chosen which real estate company to join, we advise that you think about PropNex. For our newest real estate salespeople, our organisation provides great training programmes and cutting-edge technologies.
We recognise that choosing a real estate agent can be challenging given the wide range of options on the market. We want to highlight the top 4 real estate firms in Singapore right now, Huttons, ERA, Propnex, and OrangeTee, to assist you in making your choice. These organisations are leaders in the field and have developed methods to promote your professional development as a real estate agent.
We want to wish you the best of luck in your real estate profession and are eager to help you in any way we can.
Registration of salespeople
Please get an application form from your agency and send your application to CEA to start the process of getting the “In-Principle Approval” (IPA).
Registration with CEA approved
You should anticipate receiving a notification of acceptance between 4 and 6 weeks after submitting your “In-Principle Approval” (IPA) application to CEA. Your exciting and rewarding real estate career has officially begun, and we would like to extend a hearty welcome to you.
We urge you to get in touch with us via WhatsApp or email to learn more about job opportunities with our team if you’re looking for excellent mentorship to enhance your learning and advancement. You can also attend our future career seminar to learn more about our company and the real estate sector.
In addition, subject to availability, we are happy to provide 100% RES membership fee subsidies for both new and seasoned agents. If you’d like, you can choose a time that works for us to meet in person from the ones listed below.
Mr. Daniel Poh is an acclaimed leader in the real estate industry and the Associate Group District Director of PropNex. The musician loves to play a few instruments and doesn’t upset his neighbors with his playing. His wife barely enjoys the silly puns he comes up with while not doing so. He also likes to play pillow fights with his son.
Additionally, he has been quoted in media interviews on 938FM, Channel 8, PropertyReport, PropertyGuru, and other publications as a real estate agent, investor, team leader, and speaker.
The property investments he makes and the portfolios he manages help him grow the wealth of his clients. Daniel Poh has also coached a number of million-dollar producing agents in Singapore from a number of brokerage firms.
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