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 Agent Guide     June 25, 2018  
RES Course Minimize

Real Estate Salesperson (RES) Course

Under the new regulatory regime administered by the Council for Estate Agencies (CEA), one of the registration criteria for property agents (or individual salespersons) is that they must pass the CEA’s Real Estate Salesperson (RES) examination or have equivalent qualification. This is to ensure that agents intending to do estate agency work are well qualified, professionally competent and be able to work effectively in the real estate industry. Equally important is that they must uphold good ethical standards.

 
RES Course Syllabus Minimize

RES Course Syllabus

PAPER 1: Basic Real Estate Concept and Law

  • Unit 1 Real Estate Agency Industry Overview
  • Unit 2 Basic Concepts of Real Estate
  • Unit 3 Laws Governing Estate Agency Practice and Real Estate Transactions
PAPER 2: Real Estate Salespersons Practice and Regulations
  • Unit 4 Marketing and Customer Services
  • Unit 5 Estate Agents Act 2010 and Estate Agency Practice
  • Unit 6 Sale and Lease of HDB Properties
  • Unit 7 Sale and Lease of Private Properties
 
RES Exam Format Minimize

RES Exam Format

RES is the new and only industry entry qualifying exams for Real Estate Salespersons.

  • The exam consists of 2 papers comprising mostly multiple choice questions (MCQs) and some short answer questions.
    • Paper 1: 70 MCQs and 15 short answer questions (100 marks)
    • Paper 2: Part I: 60 MCQs (carries 60 marks), Part II: 60 MCQs (max 40 marks)
  • As part of the policy review on the RES Exam to ensure candidates possess the competency to practice in the estate agency industry, the RES exam format will be revised wef May 2013. The objective is to ensure candidates are able to analyse and interpret the issues in a practice-oriented case study context.
  • Starting from May 2013, the RES Exam Format will include a new Case Study Section in both Paper 1 and 2 in the form of multiple choice questions. Both Paper 1 and 2 will adopt the same format as follows:
    • 2 papers each (2 ½ hours per paper)
    • Paper 1 comprising of the following:
      • Section A : 50 MCQs (50 marks)
      • Section B : 15 MCQs with reference to 1 or 2 and Case Studies (30 marks)
      • Section C : 10 Fill-in-the-blank and Short Answer Questions (20 marks)
    • Paper 2: Same format as Paper 1
  • With effect from the July 2011 RES examination, modular passing will be allowed. Candidates who have passed either Paper 1 or Paper 2 need to retake only their failed Paper from the August 2011 RES examination onwards. Upon passing the remaining Paper, the candidate will be considered as having passed the RES examination and will be subsequently issued an RES Exam Certificate. The candidate must submit the salesperson registration application through and with support of a licensed estate agent within 2 years of the date of issue of the final results. Otherwise, the results will be invalid for registration purposes.
  • Candidates who fail both Papers will need to retake the RES exam as a fresh candidate; i.e. need to take Paper 1 and 2 in single sitting in their next attempt. Modular passing will apply only if the candidate has passed one Paper. There shall be no retrospective consideration of results from earlier RES examinations taken from Jan to Jun 2011.

Important Note: There is no change to the examination requirement for RES course participants to pass the RES examination within 2 years from the date of issuance of the Certificate of Completion of RES Course. If they are unable to pass the remaining Paper within the 2-year timeframe, they will have to re-take the RES course and take the full RES examination i.e. both Papers 1 and 2.

Duration of Examination

  • Paper 1: 2.5 hrs
  • Paper 2: 2.5 hrs

Successful candidates must apply for registration with CEA within 24 months of the date of issuance of the examination certificate after which, results will be invalid for licensing and registration purposes.

Exam Fees

  • $246.10 (Incl. GST) for 2 Papers
  • $149.80 (Incl. GST) for 1 Paper

Result and Certificate

With effect from the July 2011 RES examination, modular passing will be allowed. The results for July 2011 RES examination onwards will be in one of the following formats:

  • Pass (P)
  • Fail (F)
  • Pass Paper 1; Fail Paper 2 (P1 F2)
  • Fail Paper 1; Pass Paper 2 (F1 P2)

The RES examination results are released 2 – 3 weeks after the examination is held. The process may be extended due to other relating factors such as the number of candidates taking the examination. A certificate will be issued to successful candidate.  No replacement certificates will be re-printed for lost certificates, only a letter of confirmation of qualification attained will be issued upon formal request made. The exam fees paid do not cover the delivery of the certificate to the candidate.

 
UTAP Funding Minimize

UTAP Funding

UTAP (Union Training Assistance Programme) is a training benefit for union members to defray their cost of training. The objective is to encourage more union members to go for skills upgrading.

Union members who initiate training on their own could be eligible for the following funding assistance:

  • Up to $250 training benefits for courses under Union Training Assistance Programme (UTAP) per year
  • Maximum claim of $750 over 3 years

How much can I claim under UTAP?  UTAP is disbursed to union members based on 50% of unfunded course fee, capped at $250 per year, subject to $750 over 3 years.  This excludes miscellaneous fees such as GST, exam fee and registration fee etc. Note: The UTAP amount disbursed to all members is the same for all nationalities.

To be eligible for funding assistance under UTAP, all members must also meet the following criteria:

  • Paid-up union member throughout whole course duration and at the point of claim
  • Course by training provider must be approved under UTAP
  • UTAP will not fund courses which are entirely  funded through company sponsorship or other types of funding
  • Unfunded course fee must be greater or equal to S$20

How do I apply and claim for UTAP for courses registered before 15 Feb 2012?

Step 1:  Submit application via our website before course starts or no later than 1 year from your course end date inclusive of exams etc.

Step 2:  You will receive a notification stating the UTAP quantum that you are eligible for, upon application approval.

Step 3:  You can submit your claims upon course completion. You will need to declare if you have

i. Attained at least 75% attendance ii. Sat for all prescribed exams including assessment, assignment and etc.

For trainees who had taken a course with LHUB before 15 Feb 2012 and have yet to claim their UTAP online via (skillsupgrade.ntuc.org.sg), they have up to 15 June 2012 to claim it online.

How do I apply and claim for UTAP for courses registered after 15 Feb 2012?

  • NTUC LearningHub offers upfront funding at our counters, i.e. 50% off from the unfunded course fee.

Who can I contact for further enquiries?

Membership Call Centre: 6213 8008 Fax: 6471 5898 Email: UBT@e2i.com.sg

What you pay after funding

Real Estate Salesperson (RES) course
Course Fee S$780.00 (exclude GST)
UTAP Grant S$250.00
YOU PAY S$530.00