RES Exam 2024: How To Get Ahead

Are you interested to be a real estate agent to earn some commission on the side lines or want to make it a full-time job?

To get a career in real estate in Singapore begins with signing up for the RES(Real Estate Salesperson) course and taking the subsequent examinations to officially be qualified as a licensed real estate agent by registering with the Council of Estate Agency (CEA).

Here’s everything you need to know about the RES exam and what you will need to watch out for to increase your odds of passing the exam in one try(PS. more than 60% of applicants fail within their first attempt to qualify😵‍💫).

Key Takeaways

• The RES course is mandatory for aspiring real estate agents in Singapore, with a curriculum that includes essential knowledge of real estate regulations and practices.
• Accreditation by the Council for Estate Agencies (CEA) is vital when selecting a course provider, ensuring quality education and a higher chance of passing the exams.
• Effective study techniques, time management, and utilizing resources like revision classes and mock exams are crucial for exam preparation.
• Understanding the administrative aspects, such as exam fees, registration deadlines, and logistics, is essential for a smooth examination process.
• Continuing Professional Development (CPD) is important after passing the RES exam, with various funding options and professional awards available to maintain and advance one’s career.

Singapore RES Course Property Exam 2024

The Real Estate Salesperson (RES) course in Singapore serves as a foundational step for those aiming to enter the real estate industry.

The course is designed to equip candidates with the necessary knowledge and skills to understand the intricacies of property transactions, ethical practices, and professional conduct to operate effectively as real estate professionals. The curriculum covers a broad range of topics, ensuring a comprehensive understanding of the field.

The course is a preparatory module for all new entrants interested in pursuing a career in real estate. It is essential to complete the course and pass the subsequent RES examination within a specified timeframe to practice in the industry.

The certificate of course completion has a validity period of 2 years, making it crucial for candidates to schedule their examination accordingly.

Here is the information that we know right now on the current RES exam and it’s wise to plan 3 to 6 months for buffer time to study and practice before taking the exam.

Month	20 Jul, Saturday (9.30 am ~ 12 pm)	Exam Paper	Registration Period
			Stage 1 (Indication of interest)	Stage 2 (Completion of exam registration and payment)
March	20 Jul, Saturday (9.30 am ~ 12 pm)	RES Paper 1	14 Feb, Wed(from 9am to 12 noon)	22 Feb, Thu to 25 Feb, Sun
	16 Nov, Saturday (9.30 am ~ 12 pm)	RES Paper 2
July	17 Nov, Sunday (9.30 am ~ 12 pm)	RES Paper 1	TBC	TBC
	16 Nov, Saturday (9.30 am ~ 12 pm)	RES Paper 2
November	16 Nov, Saturday (9.30 am ~ 12 pm)	RES Paper 1	TBC	TBC
	17 Nov, Sunday (9.30 am ~ 12 pm)	RES Paper 2

But before we look at how to pass the exams, we will need to understand the eligibility and requirements for candidates to even take the course, let alone the exam.

Eligibility and Requirements for Candidates

To embark on a career in real estate in Singapore, candidates must meet certain eligibility criteria for the Real Estate Salesperson (RES) examination. Individuals in Singapore can also receive res course subsidy for the RES (Real Estate Salesperson) course through various channels:

1. SkillsFuture Singapore (SSG) Subsidy: Eligible Singaporeans can use their SkillsFuture Credit to offset the course fees partially or fully. The amount of subsidy depends on the course provider and the individual’s remaining SkillsFuture Credit balance.
2. SkillsFuture Mid-Career Enhanced Subsidy (MCES): Singaporeans aged 40 and above can receive higher subsidies for approved courses under MCES. The subsidy amount depends on the course provider and the individual’s eligibility.
3. Union Training Assistance Programme (UTAP): NTUC (National Trades Union Congress) members may be eligible for UTAP funding to offset a portion of the course fees.
4. Enhanced Training Support for SMEs (ETSS): Employees of Small and Medium-sized Enterprises (SMEs) may receive higher subsidies for approved courses, including the course, under ETSS.
5. SkillsFuture Study Awards for Real Estate: Exceptional individuals in the real estate industry may be eligible for the SkillsFuture Study Awards, which provide financial support for upgrading skills and knowledge in specific sectors, including real estate.
6. Company Sponsorship: Some real estate agencies or employers may sponsor their employees’s course fees partially or fully as part of their professional development initiatives.
7. Government Funding Initiatives: Occasionally, the government may introduce specific funding initiatives or grants to support training and development in certain sectors, which could include real estate.

To be eligible for the course, individuals must be:

• Must be a Singaporean or a Singaporean Permanent Resident (SPR) for more than 10 years
• Must be 21 years old and above
• Must have a minimum of 4 ‘O’ level passes or equivalent
• Fulfill CEA fit & proper criteria
• Achieve a 75% attendance rate to qualify for the examination

It is important to note that candidates with a partial pass must complete the remaining paper(s) within the 2-year timeframe.

Upon passing, candidates must apply for salesperson registration through a licensed estate agent within 2 years of the issuance of the final results.

To get started, you can apply through CEA with the link here:

Next, you have to find the right RES course provider that suits your needs.

Selecting the Right RES Course Provider

When embarking on a career in real estate, the choice of a RES course provider is pivotal. Look for providers with a proven track record of success and a reputation for excellence. Past students’ experiences, reflected in testimonials and reviews, can offer valuable insights into the effectiveness of the course and the provider’s standing in the industry.

• Accreditation by the Council for Estate Agencies (CEA) is a must.
• A history of success and strong leadership are indicative of a provider’s reliability.
• Comprehensive training programs are essential for ongoing professional development.

The quality of instructors is paramount when selecting a course provider. Experienced instructors with a background in the real estate industry bring invaluable insights and practical knowledge to the classroom. They can demystify complex concepts and provide real-world examples that enhance learning and application of the material.

Interactive learning tools are essential for a comprehensive educational experience. Providers that offer a blend of traditional and innovative teaching methods, such as case studies, practice quizzes, and interactive simulations, help students to engage with the content more deeply and retain information more effectively.

Support and flexibility in course delivery are crucial for accommodating diverse learning styles and schedules. Providers that offer personalized guidance, mentorship, and various scheduling options, including evening and weekend classes or online learning, ensure that students can learn in a way that best suits their individual needs.

Here are a list of course providers for you to choose from:

• Benchmark Realpro Pte Ltd 
  Contact Details: 
  Website: www.benchmarkrealpro.com
  Tel No: 6735 5860 / 6735 5861 
  Email: [email protected]
  Office: 151 Chin Swee Road #03-31 Manhattan House Singapore 169876
  
• Hastor Property Services Pte Ltd [People’s Choice⭐]
  Contact Details: 
  Website: www.hastor.com.sg
  Tel No: 8856 9000/ 8856 1000
  Email: [email protected] 
  Office: 3 Bishan Place #06-01 CPF Building Singapore 579838
  
• Institute of Estate Agents, Singapore 
  Contact Details: 
  Website: www.iea.sg
  Tel No: 6323 1770 
  Email: [email protected]
  Office: 6 Raffles Boulevard Marina Square @ JustCo #03-308 Singapore 039594
   
• Life Mastery Academy Pte Ltd 
  Contact Details: 
  Website: www.lma.com.sg
  Tel No: 6255 6091 / 6255 6083 
  Email: [email protected]
  Office: Blk 190 Lorong 6 Toa Payoh #02-510 Singapore 310190
  
• Pioneer Training & Consultancy Pte Ltd 
  Contact Details: 
  Website: www.pioneertraining.org
  Tel No: 6462 6093 / 9424 3483 
  Email: [email protected] 
  Office: Blk 134 Jurong Gateway Road #03-309P Singapore 600134
  
• Real Centre Network Pte Ltd 
  Contact Details: 
  Website: www.realcentrenetwork.com
  Tel No: 6511 3009 
  Email: [email protected]
  Office: 490 Lorong 6 Toa Payoh #09-16 HDB Hub Biz 3 Singapore 310490 
   
• Realty International Associates Pte Ltd 
  Contact Details: 
  Website: www.riaschool.com.sg
  Tel No: 6339 6000 
  Email: [email protected]
  Office: 490 Lorong 6 Toa Payoh #03-13 HDB Hub Biz 3 Singapore 310490
  
• Singapore Estate Agents Association
  Contact Details: 
  Website: www.seaa.org.sg
  Tel No: 6702 1602 
  Email: [email protected]
  Office: 60 Paya Lebar Road #13-23 Paya Lebar Square Singapore 409051 (via Office Lift Lobby 1) 

When selecting a course provider, it’s crucial to consider the support and resources available to students. Providers that offer personalized guidance, mentorship, and support throughout the educational journey can significantly enhance the learning experience.

Additionally, the flexibility of course scheduling and delivery options, such as evening classes, weekend workshops, or online learning platforms, is essential for accommodating diverse schedules and learning preferences.

The availability of practice quizzes, case studies, and interactive simulations can greatly complement traditional classroom instruction. These resources not only reinforce learning but also allow students to study at their own pace and convenience, which is vital for maximizing preparation for the RES exam.

Key Topics Covered in the Course

The curriculum is designed to equip aspiring real estate agents with the essential knowledge and skills required for the profession.

Key topics include the legal aspects of real estate transactions, property market analysis, and the principles of property financing. Participants will also delve into the ethical considerations and professional client care that are crucial in the industry.

• Legal Framework and Regulations
• Property Market Analysis
• Real Estate Marketing and Sales Techniques
• Property Financing and Investment
• Ethical Practices and Professional Client Care

The course provides a comprehensive overview, ensuring that candidates are well-prepared for the dynamic Singapore property market. It is important for candidates to grasp these topics thoroughly as they form the foundation of a successful real estate career.

Structure of the RES Examinations

The Real Estate Salesperson (RES) examination is a pivotal step for aspiring real estate professionals in Singapore. The exam is divided into two papers, each lasting 2.5 hours and comprising 80 multiple-choice questions (MCQs).

The table below summarizes the RES examination structure:

Section	Question Type	Number of Questions	Marks Allocation per Question	Total Marks
A	MCQs	60	1	60
B	MCQs (Case Studies)	20	2	40
Total		80		100

Each paper is based on case studies and is worth two marks. This structure is designed to assess candidates’ understanding of both theoretical knowledge and practical application.

Candidates should note that the format was revised in March 2023, eliminating short answer questions and focusing solely on MCQs. Furthermore, modular passing is permitted, allowing candidates who pass one paper to retake only the failed paper in subsequent examinations.

The RES examination format is meticulously crafted to ensure a comprehensive evaluation of the candidates’ proficiency in real estate practices.

Preparation Strategies for the RES Examinations

To excel in the RES exam, it’s essential to adopt effective study techniques that cater to your learning style and schedule. Here are some strategies to consider:

• Develop a Study Plan: Outline your study goals and the topics you need to cover. Break down the material into manageable sections and set specific timelines for each.
• Active Learning: Engage with the material through discussions, practice questions, and case studies. This approach helps to solidify your understanding and recall information more effectively.
• Utilize Technology: Make use of online resources and interactive tools that complement traditional classroom instruction. They offer the flexibility to study at your own pace and can be particularly useful for revising challenging topics. AI tools like AskProp are great research tools to get an understanding
• Seek Support: Join study groups or forums where you can share insights and clarify doubts with peers. Additionally, consider attending revision workshops or seminars that focus on the most challenging aspects of the exam.

Remember, consistency is key. Regular study sessions and continuous practice can significantly improve your performance in the RES exam.

While preparing, stay updated with the latest property news and market trends, as real-world knowledge can often enhance your understanding of course concepts.

Utilizing Revision Exam Classes

Revision exam classes are a pivotal component of the RES exam preparation. They offer a structured environment where candidates can reinforce their knowledge and address any uncertainties. These classes often employ various learning techniques, such as the Superlative Learning System, which has been praised for its effectiveness.

Participants in revision workshops benefit from the collective experience of peers and instructors. The workshops provide a platform for interactive learning and the opportunity to tackle complex topics in a collaborative setting. It’s not uncommon for candidates to pass their exams after attending these focused sessions.

The right revision class can make a significant difference in a candidate’s ability to grasp tricky concepts and apply them during the exam.

For those who may need multiple attempts to pass the RES exam, some course providers offer schemes allowing unlimited workshop attendance until success is achieved. However, it’s important to note that such privileges may come with conditions, such as the submission of mental maps or full payment confirmation.

Time Management and Scheduling

Effective time management is essential for candidates preparing for the RES examinations. Creating a study schedule that allocates time for each topic can help ensure comprehensive coverage before the exam date. It’s important to balance study sessions with breaks to maintain focus and avoid burnout.

• Prepare a study schedule well in advance.
• Allocate specific time slots for each key topic.
• Include time for rest and relaxation to prevent fatigue.
• Plan your exam approach, including the order in which you will tackle questions.

Remember, consistent practice and revision are key to mastering the material and managing time effectively during the exam.

As the exam approaches, refine your schedule to focus on areas that require additional attention. Utilize tools like the ‘Assignment Calculator‘ to plan out your study weeks and avoid procrastination. Be mindful of registration deadlines and exam fees, as highlighted in the ‘[PDF] faqs-for-nov-2023-exams.pdf’ by CEA, to prevent any last-minute stress.

Mock Exams and Self-Assessment

Incorporating mock exams and self-assessment into your study routine can significantly enhance your preparedness for the RES examinations. These practice sessions simulate the actual exam conditions, allowing you to gauge your readiness and identify areas that require further attention.

• Mock Exams: By taking mock exams, you can familiarize yourself with the format and types of questions you will encounter. This practice helps to reduce anxiety and improve time management skills during the actual exam.
• Self-Assessment: Regular self-assessment is crucial for tracking your progress. Reflect on your performance after each mock exam and adjust your study plan accordingly.

It is essential to approach mock exams with the same seriousness as the actual exam to gain the full benefit of this preparation method.

Remember to utilize resources such as online learning platforms and interactive simulations that complement traditional classroom instruction. These tools offer additional practice and can be accessed at your convenience, ensuring a comprehensive revision experience.

Administrative Aspects of the RES Exam

Once you have cleared the course, the next step is preparing for the exam.

The application fee for the RES exam has been updated to $120 (inclusive of GST) as of 1 January 2024. This fee is non-refundable and must be paid upon registration for the exam.

Additionally, candidates should note that an administrative fee of $109 will be applied to each examination deferment request, which can be submitted up to five working days after the initial application.

It’s important for candidates to budget for these fees in advance to avoid any financial surprises during their exam preparation.

For those who are eligible, the Course Fees Relief for the Year of Assessment (YA) 2024 may provide some financial reprieve. This relief applies to courses attended in 2023, which includes the RES course. Remember to keep all receipts and documents for tax relief purposes.

Here is a breakdown of the fees associated with the RES Examination:

Fee Type	Amount (SGD)	Notes
Application Fee	$120	Updated as of 1 Jan 2024
Administrative Fee	$109	Per deferment application
Course Fees Relief	Variable	Eligible for tax relief in YA 2024

Candidates should also be aware of other potential costs, such as study materials, revision classes, and mock exams, which can add to the overall financial investment in obtaining the RES certification.

Registration Process and Deadlines

The registration process for the real estate exam is a critical step that candidates must navigate with precision. The application window for each exam session has specific opening and closing dates, which are strictly adhered to by the administering bodies. For instance, the March 2024 exam registration opens on a predetermined date and remains available for a limited period.

• Stage 1: Initial registration through FORMSG portal
• Stage 2: Confirmation and payment on LHUB’s portal

Candidates must ensure that they complete both stages of registration within the stipulated time frames to avoid late fees or the risk of being unable to sit for the exam. It is also important to note that each switching application is subject to an application fee for RES registration.

Candidates are advised to mark their calendars and set reminders for these critical dates to ensure timely registration and avoid any last-minute complications.

Failure to adhere to these deadlines may result in additional charges, such as a late-stage registration fee, or worse, disqualification from the exam session. Therefore, meticulous planning and adherence to the registration timeline are imperative for a smooth examination experience.

Exam Venues and Logistics

Selecting the right venue for the RES examinations is a critical aspect of the exam logistics. The venues are chosen to accommodate the specific needs of computer-based exams, ensuring a conducive environment for all candidates.

In the past, locations such as the Singapore Expo and Marina Bay Sands have been utilized, providing ample space and facilities for examinees.

For the 2024 RES exams, the venues and their respective administrative fees will be announced in due course. Candidates are advised to stay informed through official channels to ensure they are aware of the latest updates regarding the exam venues. It is important to note that the administrative fees, which cover the costs of administering the exams, are typically combined with the exam fees into a one-time payment.

Candidates should be prepared for the possibility of traveling to different locations for their exams, as the venues may vary each year. Flexibility and planning are key to ensuring a smooth exam day experience.

Post-Exam Procedures and Certification

After completing the RES examinations, candidates will receive an email notification regarding their results within 4 to 6 weeks. The passing mark for each paper is set at 60%, and candidates must achieve this to succeed. Results will be presented in formats such as ‘Pass’, ‘Fail’, or a combination indicating which paper was passed or failed (e.g., ‘Pass Paper 1; Fail Paper 2’).

For those who do not pass, it’s crucial to remember that the course completion certificate is valid for two years, within which you must pass the examination. If you only pass one paper, you need to pass the remaining paper within this timeframe; otherwise, the partial pass is invalidated, and you will need to retake the course and exams.

Candidates wishing to appeal their examination results may do so following the procedures set by the CEA. Appeals must be lodged within a stipulated period after the results are released.

Upon successful certification, new real estate agents can embark on their professional journey, keeping in mind that continuous professional development is key to maintaining and enhancing their skills and knowledge in the industry.

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Continuing Professional Development After Passing the RES Exam

Continuing Professional Development (CPD) is a cornerstone for success in the real estate industry. It ensures that professionals stay competent and competitive by keeping abreast of the latest market trends, regulations, and technologies. CPD programs are designed to be flexible, allowing agents to focus on specific skills and knowledge they require over a short-term period, often within a 12-month cycle.

Agents who engage in CPD can expect to enhance their strategic thinking, risk management, financial acumen, and ethical leadership. This is particularly important as the real estate sector is fueled by the latest examples and contexts, which demand a well-rounded skill set.

By committing to CPD, agents not only refine their existing skills but also expand their expertise to include new areas such as real estate videography, which is becoming increasingly important in today’s market.

Furthermore, CPD is not just about individual growth; it contributes to building a better-skilled and more knowledgeable professional sector. This collective improvement is vital for maintaining high standards of corporate governance within the industry.

CPD Course Listings and Calendar

Continuing Professional Development (CPD) is a crucial aspect of maintaining and enhancing the knowledge and skills of real estate professionals in Singapore. The CPD course calendar is meticulously structured to cover a wide range of topics relevant to the industry, ensuring that practitioners are well-equipped to meet the challenges of the market.

For those looking to plan their CPD journey, the Singapore Estate Agents Association provides a comprehensive listing of courses. Members can access courses at a discounted rate, with prices starting from $45.00 (incl. GST) for professional CPD courses. The calendar is updated regularly to reflect the latest offerings, such as the upcoming REDAS Seminar on Real Estate and Taxation scheduled for 19 Jan 2024.

It is advisable to refer to the latest guide or legal profession updates for the most accurate and current information on CPD schemes and requirements.

Singapore’s dynamic real estate landscape, with its mixed-use developments and commercial opportunities in the Central Region, is reflected in the CPD topics. This ensures that professionals are well-versed in current trends and potential fluctuations in the market.

Funding Options for CPD Courses

Continuing Professional Development (CPD) courses are essential for real estate professionals in Singapore to maintain their knowledge and stay competitive. Funding options are available to alleviate the financial burden of these courses. For instance, SkillsFuture Singapore (SSG) encourages lifelong learning by providing credits that can be used towards approved courses, aligning with the Council’s objectives for professional development.

Eligibility for funding often depends on specific criteria, such as union membership or age. The Union Training Assistance Programme (UTAP) offers year-round training benefits, with enhanced support for members aged 40 and above. These benefits are capped at 50% of the unfunded course fees, promoting continuous learning among professionals.

Additional SkillsFuture Credit is also available as a one-off special credit, which has been expanded to cover a wider range of courses since June 2022. This initiative is set to expire on December 31, 2025, providing a time-sensitive opportunity for mid-career support.

It’s important to note that not all courses qualify for relief, and there are specific conditions and deadlines to be aware of. Prospective students should review the terms and conditions of each funding option to ensure they maximize the benefits available to them.

Earning and Maintaining Professional Awards

After passing the RES exam, earning and maintaining professional awards is crucial for a real estate agent’s career progression and recognition. The Singapore Real Estate Agents Excellence Award (EA2024) is one such prestigious accolade that agents can aspire to. Registration for this award is now open, and it serves as a testament to an agent’s commitment to service and excellence.

To maintain these awards, agents must adhere to the CPD terms and conditions, which often include ongoing education and participation in industry events. For instance, the WSQ Certificate Courses and SAMP are part of the structured learning that contributes to an agent’s professional development.

Agents should also be aware of the funding options available to them, such as SkillsFuture and UTAP Funding, which can alleviate the financial burden of continuous learning. Staying updated with the latest industry trends and regulations is not only beneficial for personal growth but also essential for sustaining a successful career in real estate.

Agents who consistently demonstrate excellence in their field are more likely to attract clients who prefer resale flats in established neighborhoods, a segment known for property appreciation and high demand.

Looking to join an agency?

At HustleVenture, we aim to give neutrality in which agencies are the best. Each of them has their perks. Ultimately, if you have someone that you look up to in this field, you should join them and seek mentorship from them.

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Frequently Asked Questions