Real Estate Salesperson (RES) Course[/types]]

Real Estate Salesperson (RES) Course

$770.40

 (incl. GST)
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About Real Estate Salesperson (RES) Course

The Real Estate Salesperson (RES) Course is a mandatory preparatory course that all aspiring salespersons must fulfill before taking the CEA approved RES Exams. In order to register to be a full-fledged salesperson with an estate agency of their choice, one must pass the RES Examination.

Hastor aims to help aspiring salespersons secure a pass in the RES Examination. We are equipped to provide you the necessary knowledge and more with professional trainers with years of experience, to facilitate conducive learning.

Course Schedule

Intake 188 (Day)
31 August - 30 September 2022, 9:30 AM - 4:30 PM
Intake 189 (Weekends)
3 September - 2 October 2022, 9:00 AM - 4:00 PM
Intake 190 (Evening)
6 September - 12 October 2022, 7:00 PM - 10:00 PM

Registration Criteria

Applicant must be:

  1. Singaporean / Permanent Resident
  2. At least 21 years old
  3. Have 1 of the following Local Academic Qualifications:
    1. GCE ‘O’ / ‘A’ level with 4 subjects passed (C6 & above). Or combined GCE ‘O’ level results taken at not more than 2 sittings.
    2. Higher NITEC Certificate [Industrial Technician Certificate (ITC), Certificate in Business Studies (CBS), Master NITEC, National Technical Certificate 1 (NTC1)]
    3. Workplace Literacy and Numeracy (WPLN) with all 5 modules level 5 and above,
    4. Diploma(s) from local Polytechnic only (NYP/NP/RP/SP/TP)
    5. Degree(s) from local Universities only (NTU/NUS/SMU/SUSS/SUTD
    6. For Foreign and Private Certificates: Foreign/Private Certificate together with an Approved CEA Qualification Verification Letter*

APPLYING CEA QUALIFICATION ASSESSMENT (FOR OVERSEAS OR PRIVATE EDUCATION CERTIFICATE ONLY)

Applicants with Overseas or Local Private Academic Qualifications that require CEA’s Qualification Assessment, with effect from 06 Aug 2021, please submit your CEA’s Qualification Assessment to CEA via email to licensing@cea.gov.sg.

Applicants are required to attach the following documents in their application.

For applicants with overseas or local private academic qualifications, please be informed that you need to get your qualification approved by CEA before you register for the RES course. Both the education certificate and approved qualification assessment outcome must be submitted prior to course commencement.

Examination
PAPER 1
Competency Unit 1: Real Estate Agency Industry Overview & Basic Land Law Concepts

Real Estate Agency Industry Overview

  • 1.1 Real estate market and submarkets
  • 1.2 Real estate market players and government intervention

Basic Land Law Concepts

  • 1.3 Introduction
  • 1.4 Land
  • 1.5 Estates in land
  • 1.6 State Lands Act
  • 1.7 Rights in another’s land
  • 1.8 Registration of titles
Competency Unit 2: Dealings with Interests in Land
  • 2.1 Law of contract
  • 2.2 Law of agency
  • 2.3 Landlord and tenant law
  • 2.4 Negligence
  • 2.5 Conveyance inter vivos
  • 2.6 Mortgage
  • 2.7 Gift
  • 2.8 Trust
  • 2.9 Succession
  • 2.10 Future interests
  • 2.11 Co-ownership
  • 2.12 Restrictions on capacity to hold land
  • 2.13 Planning and development of land
PAPER 2
Competency Unit 3: Regulation of Real Estate Agency Industry & Real Estate Marketing
  • 3.1 Regulation of real estate agency industry
  • 3.2 Role and functions of salespersons and their requisite knowledge and skills
  • 3.3 Principles of real estate marketing
  • 3.4 Types of listing
  • 3.5 Methods of sale
  • 3.6 Regulations on advertisements
  • 3.7 Marketing of residential property
  • 3.8 Marketing of commercial property
  • 3.9 Marketing of industrial property
  • 3.10 Marketing of special properties
  • 3.11 Consumer Protection (Fair Trading) Act
Competency Unit 4: Property Transactions
  • 4.1 Sale of uncompleted private properties
  • 4.2 Sale of completed private properties
  • 4.3 Collective sale of private properties
  • 4.4 Sale of HDB flats
  • 4.5 Leasing of private properties
  • 4.6 Subletting of HDB flats
  • 4.7 Foreign worker housing
  • 4.8 Taxes on property
  • 4.9 Property finance and financial calculations
Examination Schedule

Paper, Date & Time Stage 1 - FormSG Stage 2 – LHUB
Paper 1 - August 20, 2022 9:30 am
Paper 2 - August 21, 2022 9:30 am
13 Jul (Wed) - 13 Jul (Wed) 25 Jul (Mon) - 26 Jul (Tue)
Paper 1 - April 23, 2022 9:30 am
Paper 2 - April 24, 2022 9:30 am
15 Feb (Tue) - 16 Feb (Wed) 28 Feb (Mon) - 2 Mar (Wed)

FAQs

Can I register for the RES exam and take the RES course at the same time?

No, you will need to complete the RES Course before you can register for the RES exam. You may visit NTUC Learning Hub website for more details on the RES examination schedule & registration: https://res.ntuclearninghub.com

Do I have to apply for NTUC membership before registering for the RES course to qualify for NTUC UTAP funding?

Yes. But you may apply for the NTUC membership together with the RES application. Call us or approach our staff for more details.

Does passing the RES exam qualify me to be a Real Estate Salesperson?

Please be informed that attending the RES Course and passing the RES Examination do not automatically qualify an individual to be a real estate salesperson.

The applicant has to fulfill the licensing requirements stipulated by CEA, this includes meeting the fit & proper criteria. Please check the complete list of licensing criteria on CEA’s website.

Does the course fee covers the examination fee?

No. The examination fee is $417.30 (inclusive of GST). It is to be paid to the respective exam provider (NTUC Learning Hub).

How do I go about applying for the CEA assessment?

Applicants with Overseas or Local Private Academic Qualifications that require CEA’s Qualification Assessment, with effect from 06 Aug 2021, please submit your CEA’s Qualification Assessment to CEA via email to licensing@cea.gov.sg.

Applicants are required to attach the following documents in their application.

  1. Their academic certificate transcript, graduation certificate, and supporting documents.
  2. The CEA educational qualification assessment request form.

For applicants with overseas or local private academic qualifications, please be informed that you need to get your qualification approved by CEA before you register for the RES course. Both the education certificate and approved qualification assessment outcome must be submitted prior to course commencement.

How long does it take for CEA to process the assessment?

CEA assessment processing duration will take approximately 15 working days.

How much is the RES course fee?

It is (inclusive of GST) and is both SkillsFuture and NTUC UTAP claimable.

I am a Diploma / Degree holder, but my qualification certificate is from a local private school (SIM / Kaplan / NAFA etc.), am I qualified to apply for the course?

No. Your qualification certificate(s) are required for submission to CEA for an educational qualification assessment. You are able to sign up for the course once you’ve received the approval email from CEA.

I am holding a Foreign Diploma / Degree certificate, am I qualified to apply for the RES course?

No. Your qualification certificate(s) are required for submission to CEA for an educational qualification assessment. You are able to sign up for the course once you’ve received the approval email from CEA.

What is RES course?

RES stands for Real Estate Salesperson course. This is the fundamental course that all aspiring Salesperson must go through before they can sit for the RES examinations. Salesperson must pass the RES examinations before applying as a licensed Real Estate Salesperson.

What is the minimum required attendance to get the Certificate of Completion for the RES course?

You will have to have at least 75% attendance in order to be qualified for the Certificate of Completion on the last day of your course. Please ensure that you sign IN and OUT of every lesson for your attendance to be tracked.

Express & Weekend – 2 lessons/day; Evening – 1 lesson/day.

What is the requirement for me to be eligible to take up the RES course?

  • a. You have to be at least 21 years old
  • b. Singaporean or PRs
  • c. Education Qualification of:
    • i.   a minimum GCE ‘O’ level with 4 subjects passed or;
    • ii.  Higher NITEC or;
    • iv. Diploma / Degree from local autonomous Polytechnic / University or;
    • v.  Foreign or Private certification with approved CEA assessment result
    • vi. WPLN with all 5 modules level 5 and above