Tag Archives: Register of Salesperson

Update on licensing and Registration exercise for Estate Agents and Salespersons

As at 1 January 2016, the Council for Estate Agencies (CEA) has licensed 1,369 estate agents and registered 29,262 salespersons. A total of 104 estate agents and 3,573 salespersons left the industry. In the past year, there were 1,299 new salespersons who joined the industry. This is a decrease from the 3,006 new salespersons in 2014.

The number of licensed estate agents and registered salespersons as at 1 January over the last three years is shown in Table 1.

As at
1 Jan 2014

As at
1 Jan 2015

As at
1 Jan 2016

Number of salespersons

31,783

30,830

29,262

Number of estate agents

1,425

1,369

1,369

The number of new salespersons into the industry over the last three years is show in Table 2.

1 Jan – 31 Dec 2013

1 Jan – 31 Dec 2014

1 Jan – 31 Dec 2015

Number of new salespersons

3,336

3,006

1,299

Commenting on the overall decrease in the number of registered salespersons, Mr Heng Whoo Kiat, Director, Policy & Licensing, CEA, said, “This could be a reflection of the property market sentiments.” He added that salespersons are also probably mindful of the cost of being in the industry. Under CEA’s regulatory framework, salespersons are obliged to commit time and resources to meet the continuing professional development requirements for annual renewal of their registration. As for new entrants to the industry, they have to complete a course and pass a qualification examination.

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Public Register of Estate Agents and Salespersons

What is the purpose of the Public Register of Estate Agents and Salespersons?

Terminology: Under the new Estate Agents Act

  • “Estate agents” means estate agency businesses(sole proprietors, partnerships, and companies)
  • “Salespersons” means individuals who perform estate agency work

The purpose of the register is to enable the public to make an informed decision when choosing a salesperson or estate agent by enabling consumers to:

Check whether a real estate agent is a licensed estate agent;
Check whether a person is a registered salesperson;
Know whether a real estate agent or salesperson has been disciplined by the Council within the last three years.
Know whether any awards have been conferred on a real estate agent or salesperson by the Council

Public Register of  Estate Agent Search & Salesperson Search