- 1 1. RES Course Fees 2021
- 2 2. RES Examination Fees 2021
- 3 3. What is the RES Course?
- 4 4. RES Course Eligibility
- 5 5. RES Exam Topics 2021
- 6 6. Taking the RES Exams in 2021
- 7 7. RES Exam Format
- 8 8. RES Exams’ Results Notification
- 9 9. Appeal for RES Exams Results
- 10 10. Fulfilling All Criteria For Aspiring Real Estate Agents and Foreigners
- 11 11. 2021 Recommended CEA Approved Course Providers for the RES Course
Is the Real Estate Salesperson (RES) Course your next course of action to become an aspiring property agent?
Certainly, the RES Course is a mandatory requirement when it comes to getting your Real Estate Licence.
As more people aspire to become a RES, there is a fairly simple explanation for the recent increase in this demand.
Well, seeking a real estate agent career is a fulfilling and lucrative career choice!
Although, becoming a real estate agent today is not as easy as the good ol’ days…
Heck, you could even become a RES without taking the RES Exam in the past! (I know, right?)
Fantasy aside, in today’s world, you would have to pass the RES Exams before registering with the Council for Estate Agencies (CEA) as a bona fide real estate agent.
But before you can do that, there is the RES Course that you would have to attend.
And yes, it feels like going back to school.
Ah, the good ol’ times…
And of course, by no means is the RES Course easy…
But hey, no pain no gain.
Hence, there are a gazillion things to note when it comes to taking the RES Course in 2021.
Particularly, these 11 things:
1. RES Course Fees 2021
With abundant choices of CEA Approved Course Providers in the market, the average cost of these courses is around $720. (read on to find out the list of recommended providers)
“It’s a tad too expensive, isn’t it?”
Well, no worries as there are ways to defray the cost:
- Singapore Citizens and Permanent Residents (PR) above the age of 25 can utilize their SkillsFuture credits of up to $1,000 for the RES Course
- NTUC members get to enjoy a subsidy of up to $250 of Union Training Assistance Programme (UTAP) for the RES Exam
As announced in Budget 2020, all Singapore citizens aged 25 and above would receive an additional one-off SkillsFuture credit top up of $500, on top of their opening credit of $500.
Basically, if you are a Singaporean aged 25 and above, you would have $1,000 SkillsFuture credits (provided you have not touched it).
You can join the RES Course for free if you meet the above requirements!
“Now that’s better!”
Note: The one-off $500 SkillsFuture credit will expire on 31 December 2025. So make sure you spend it before that!
2. RES Examination Fees 2021
The RES Exam comprises 2 papers, which costs $417.30 (inclusive of GST) in total.
For retakers, the cost would be $235.40 (inclusive of GST) for each paper. Do note that only candidates who have passed at least one of the papers are eligible for re-sitting for the other.
Other than the mentioned fees, here are some other costs to take note of too.
After passing the RES Exam, you are required to pay a registration fee with a licensed real estate agency. Below are the costs involved:
- RES Registration Fee: $230 (annual CEA fee) + $53.50 = $283.50
- Professional Indemnity Insurance: $120
- Admin fee (levied by agency) for ID Tag/Name Cards: $300 to $500
Hence, you will need to save around $2,200 to acquire your real estate licence, in consideration that you pass your exams on the 1st attempt.
While the total cost might sound daunting to you at first…
There are a number of agencies that are offering subsidization for their registration fees (usually comes with some terms and conditions).
Therefore, the amount you need to pay is actually significantly lower.
3. What is the RES Course?
The RES Course is a preparatory module for all parties interested in pursuing a real estate career. The duration of the RES course is usually 1-2 months, depending on which type of classes (full day/evening) you take.
Once completed, course takers will have a validity period of 2 years to take the RES Exam.
Under the Estate Agents Act, it is mandatory for new entrants to attend and complete the course through a CEA Approved Course Provider.
This regulation by CEA has a few reasons:
- Improve the quality and standards for all potential realtors pursuing estate agency work
- Ensure real estate agents possess relevant knowledge and expertise
- Understanding and apply good ethical standards
The course consists of a wide range of syllabus on the policies, rules, and regulations on real estate agency practices, as well as professional handling and complying with our government policies and laws.
To put it bluntly, the RES Course is not a simple course at all.
There are a bunch of materials to remember, understand, and apply to real-life cases.
Not even the practicing veterans of the real estate industry can remember every rule and regulation.
Do be mentally prepared before you take on the course and ensure you commit yourself to it.
4. RES Course Eligibility
To qualify for the RES Course, these prerequisites have to be met:
- Singapore Citizen or Permanent Resident
- At least 21 years old and above
- A minimum of 4 GCE ‘O’ Level passes or equivalent
- Fulfills CEA fit and proper criteria
If you fulfilled all of them, congratulations! You are one step closer to starting your property agent career!
5. RES Exam Topics 2021
As there are 2 papers to sit for, Paper 1 will be testing candidates mainly on these topics:
- Real Estate Agency Industry Overview
- Basic Land Law Concepts
- Dealings with Interests in Land
While Paper 2 will be testing on these topics:
- Regulation of Real Estate Agency Industry
- Real Estate Marketing
- Property Transactions
6. Taking the RES Exams in 2021
To qualify for taking the RES Exams, candidates are required to complete the RES Course with a minimum attendance rate of 75%. Course graduates will also receive a certification that indicates course completion.
With this certificate, you will be eligible to take on the RES Exams at the SEAMEO Regional Language Centre (RELC).
The RES Exams will be held 3 times a year – February, June, and October.
Tip: Register at least 2 months in advance as the registration usually closes 1-2 months prior.
Note: The RES Exam dates are adjusted accordingly to Singapore’s latest Covid-19 measures. For updates on the exam dates, please refer to Regional Language Center (RELC)’s website.
7. RES Exam Format
As mentioned above, there are 2 papers for the exam and each will have 3 sections. Each paper’s duration will be 2.5 hours.
- Section A: 50 Multiple Choice Questions (50 marks)
- Section B: 15 Multiple Choice Questions with reference to 1-2 case studies (30 marks)
- Section C: 10 Fill-in-the-blanks Short Answer Question (20 marks)
In order to obtain your RES licence, you will need to pass both papers. The passing mark for each paper is 60% and subjected to review by CEA.
8. RES Exams’ Results Notification
Candidates who have taken the RES Exams will receive an email notification from CEA’s appointed Examination Administrator 4-6 weeks after the RES Exams.
There will be 4 different kinds of outcomes in the email sent to candidates:
- Pass (P)
- Fail (F)
- Pass Paper 1; Fail Paper 2 (P1 F2)
- Fail Paper 1; Pass Paper 2 (F1 P2)
As mentioned above, only the 3rd and 4th outcome will allow a candidate to re-sit for the paper that they failed.
There is one important thing to note here for retakers – you are required to pass the remaining paper within the 2 years validity period from your course completion.
Failing to do so will require you to retake the RES Course before attempting BOTH papers again.
That’s right. Your pass results from the previous examination will be voided if you do not adhere to the 2 years timeframe.
Tip: Highly recommended that you participate in our regular free RES Exam Revision sessions. Drop us a message using this link.
9. Appeal for RES Exams Results
If you’re in the scenario where you think that you should have passed the exams but didn’t, you may submit an appeal to SEAMEO RELC, the appointed Exam Administrator to review your papers.
The appeal should be submitted within 5 working days from the date of the examination results.
Note: A non-refundable fee of $64.20 (inclusive of GST) will be charged for the review of each paper.
10. Fulfilling All Criteria For Aspiring Real Estate Agents and Foreigners
“Alright, I’ve attended the RES Course and passed my RES Exams! I’m a qualified real estate agent now!”
Woah, hold your horses.
Completing the RES Course and passing the RES Exams does not qualify you as a full-fledged real estate agent.
Instead, you have to fulfill the other registration criteria which include approaching a registered estate agency to submit your RES application to CEA.
There is a list of registration criteria on CEA’s website you can refer to.
As for foreigners that would like to pursue a real estate career in Singapore, you will need to have a valid Employment Pass (EP) issued by the Ministry Of Manpower (MOM) before you can proceed with the RES registration with CEA.
A letter of sponsorship issued by your real estate agency will be needed when you register for the course.
Hence, it’s imperative that you find an established and reputable real estate agency that is willing to hire and help you with the registration process.
11. 2021 Recommended CEA Approved Course Providers for the RES Course
We have reached the highlight of this post – finding the right CEA Approved Course Provider for you!
If you have done some homework before, you should know that there are numerous training centres and course providers to go for in Singapore. In fact, there are so many of these centres that you do not know which to choose.
Hence, we came up with this list by gathering honest reviews from our newly onboard agents.
For the convenience of your travelling time, we are going to list by area.
- BenchMark RealPro
- Real Centre Network
- Pioneer Training & Consultancy
- Singapore Estate Agents Association
Note: If you are worried about being unable to attend the RES Course due to your full-time work, worry not! Each school has different RES Course schedules catered to busy working adults or parents. There are weekend classes, night classes, and even express classes.
Here are the details of the mentioned CEA Approved Course Providers:
BenchMark RealPro Pte Ltd (Highly Recommended! Awesome trainer David Huan)
Tel: 67355860 / 67355861
Email: [email protected]
Venue: 151 Chin Swee Road #03-31 Manhattan House Singapore 169876.
Institute of Estate Agents
Tel No: 6323 1770
Email: [email protected]
Venue: 480 Lorong 6 Toa Payoh #07-01 HDB Hub East Wing Singapore 310480
Pioneer Training & Consultancy Pte Ltd
Tel No: 6462 6093 / 9424 3483
Email: [email protected]
Venue: Blk 134 Jurong Gateway Road #03-309P Singapore 600134
Real Centre Network Pte Ltd
Tel No: 6511 3009
Email: [email protected]
Venue: 490 Lorong 6 Toa Payoh #09-16 HDB Hub Biz 3 Singapore 310490
Singapore Estate Agents Association
Tel No: 6702 1602 Email: [email protected]
Venue: 60 Paya Lebar Road #13-23 Paya Lebar Square Singapore 409051 (Office Lift Lobby 1)
What happens after I pass my RES Exams?
But please keep to the current Covid-19 measures of course!
After all, you have earned yourself a remarkable achievement for enduring such intensive courses and passing the exams.
By now, you might have a clear idea of which estate agency you would want to join. Either recommendations from your family/friends or some established agencies/groups that you have heard so much about.
But if you haven’t, here are the Top 4 real estate agencies in the market for your reference.
- OrangeTee & Tie
These are the biggest and most established real estate agencies in Singapore that can boost your real estate career.
Most of them have already built a platform that can support their agents in many ways. From mobile apps that can streamline their agents’ tasks and increase their sales, to training programmes that can equip agents with sales scripts and negotiation skills – these are a few stuff that can help an agent greatly.
Once you have decided, get an application form from your desired agency and submit your application to CEA for the ‘In-Principle Approval’ (IPA).
And within 4 to 6 weeks, you should receive a notification from CEA on the approval of your application.
“Am I qualified to be a real estate agent now?”
Yes, you are now a full-fledged realtor and ready to start your exciting and lucrative real estate career!
This is going to be a journey that you will never forget!
Also, a great way to fasten your journey and make it a successful one would be to find a reliable mentor.
A great mentor can drastically shorten your learning curve!
It’s just like Dr Strange and his mentor – Ancient One.
He only got so powerful under his mentor’s out-of-this-world guidance. (get it?)
So, even superheroes need mentors, what about you?
So if you would like to have an Ancient One (maybe not that ancient) mentoring you…
P.S. Enjoy our 100% subsidized joining fees for brand new/experienced agents. Only limited slots available!
Navis Living Group is the #1 Fastest Growing Group in OrangeTee & Tie. Over the years, they have built a complete plaform that can support their real estate agents in every aspect.
They have groomed and produced countless Top Producers and elites of this industry in Singapore.
Join them in their exciting journey to become one of the best today.