The Council for Estate Agencies (CEA) has adjusted the frequency of the Real Estate Salesperson (RES) and Real Estate Agent (REA) examinations from 1 January 2015.
The RES exam will be held once in three months while the REA exam will be conducted once in four months. The CEA website states the RES exam will be held in February, May, August and November 2015, while the REA exam are scheduled in March, July and November 2015.
Additionally, Paper 1 will be rescheduled to Saturday (instead of Sunday), and Paper 2 which is will be rescheduled to Sunday (instead of Saturday).
To ensure new entrants to the real estate agency profession have a basic level of competency and knowledge on property related matters and the real estate agency industry, the RES exam is an entry-level assessment for those who wish to be salespersons in the industry.
On the other hand, the REA exam is for those who intend to assume the role of the Key Executive Officer (KEO) / Practising Director or Practising Partner of an estate agent.
The RES and REA exams are administered by NTUC Learning Hub, and the passing mark for each exam paper is 60 percent and is subject to review by CEA.
Photo by Alison wood; Wikimedia Commons
Muneerah Bee, Senior Journalist at PropertyGuru, wrote this story. To contact her about this or other stories email muneerah@propertyguru.com.sg
