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Individuals who wish to join the industry as a real estate salesperson (RES) must fulfil the prevailing registration criteria, which includes passing the Real Estate Salesperson examination, and approach a licensed estate agent (EA) to submit a RES registration application to CEA.
Amendments to the Estate Agents Act. The Estate Agents (Amendment) Act 2020 was passed by Parliament on 5 May 2020 and is operational as of 30 July 2021. The EAA amendments aim to: a) Better deter errant real estate salespersons and estate agents from committing disciplinary breaches.
SectionOffenceMaximum Penalty28 (2)Estate agent operating without licenceFine not exceeding $75,000 or to ...29 (3)Salesperson operating without ...Fine not exceeding $25,000 or to ...33 (6)Submitting false documents or makes a ...Fine not exceeding $50,000 or to ...34 (7)Submitting false documents or makes a ...Fine not exceeding $50,000 or to ...The Council for Estate Agencies is the government agency that regulates Singapore’s real estate agency industry.
Application Details. To conduct estate agency work such as marketing, buying, selling and/or leasing properties for third parties. FAQ. Where can I get the FAQ for Estate Agent Licence and Salesperson Registration? You can get the FAQ at CEA (ecitizen.gov.sg)
Jul 7, 2022 · The CEA register shows records of HDB resale flat, HDB rental, private sale/resale and private rental transactions closed by a salesperson. You can also download the forms required to engage a...
Jun 9, 2022 · If you keep up with property news and regulations, you would have heard of the Council of Estate Agencies, or CEA for short. There is also a CEA Public Register, which lists all licensed property agents and salespeople, along with their track records and transaction data, for people to check.
Estate Agents Act 2010. Code of Ethics and Professional Client Care. Application of Code to estate agents and salespersons. 1.— (1) This Code shall be known as the Code of Ethics and Professional Client Care and shall apply to every licensed estate agent and every registered salesperson.
