Real Estate Salesperson (RES) Examination

http://www.ntuclearninghub.com/res-exam

Real Estate Salesperson (RES) ExaminationFrom 22 Oct 2010 onwards, one of the key salesperson registration criteria for entry into the real estate agent industry will be to pass the mandatory examination set by the Council for Estate Agencies (CEA) or possess equivalent qualification. Prior to taking the examination, applicants will be required to complete the preparatory RES course conducted by a CEA Approved Course Provider (ACP).

NTUC LearningHub (LHUB), a CEA Appointed Exam Administrator, offers:

Name of Examination Who needs to take it
Real Estate Salespersons (RES) Exam
Salespersons




Overview
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.

Pre-requisites
Please note that the minimum requirements to take the RES examination are:

For New Industry Entrants

Must have 4 GCE “O” Levels; or
WSQ Workplace Literacy and Numeracy Level 5; or
Equivalent; (subjected to CEA’s approval)
AND

Must have successfully completed the new RES course (attained 75% attendance record)
For Existing Industry Practitioners (Licensees or Salespersons registered with CEA)

– Applicable during Transition period from Jan 2011 to Dec 2011

Not required to have 4 GCE "O" Levels or equivalent to take RES exam
Not required to take new RES course in order to take RES exam
Must be a registered salesperson who has completed 3 property transactions in the past 2 years, from time CEA is formed in 22 October 2010
Mode of Examination
RES Examination

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: MCQs and short answer questions
Paper 2: Part I: MCQs, Part II: MCQs
Passing mark for each exam paper is 60%.
Candidates must pass both papers in a single sitting (same block registration).
Duration of Examination

Paper 1: 2 hrs
Paper 2: 2 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 Fee
$246.10 (Incl. GST) for 2 Papers

Result and Certificate
The result of the examination will be released only upon completion of the full examination set (i.e. 2 papers for RES). A single result, “PASS” or “FAIL”, will be released, and no breakdown of the examination result will be provided.

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.

Examination Schedules
Year
Month
Dates
Time of Exam

2011
Jan
22nd, 23rd
(Sat & Sun)
9am to 11am

Feb
12th, 13th
(Sat & Sun)
9am to 11am

Mar
12th, 13th
(Sat & Sun)
9am to 11am



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