How to be a Property Agent in Singapore
While you may have heard of many success stories by Property Agents (Real Estate Salespersons), being one is definitely not a short cut to riches. All the recruitment promises of making S$100,000 in your first year may not always pan out. No doubt there are those who do and we've personally trained some of such agents. However, many will tell you that it wasn't by luck or some magic formula, but rather having a good plan & strategy and working on it diligently, without ever giving up! These, coupled with a tad bit of favor with their clients and colleagues before their success starts to grow!
Now that you've given it some thought and perhaps even procrastinated for a bit (oh no, for more than a year?), don't worry, it's never too late to get started and take control of your career! So let's have a look at the necessary steps to take to become a Property Agent in Singapore!
Here's a summary of the necessary steps to take:
Basic Criteria
- Must be at least 21 years of age
- Must possess a minimum of 4 GCE 'O' Levels passes or equivalent
- Be a Singaporean or Singaporean Permanent Resident
Mandatory Course
- Real Estate Salesperson (RES) Course
Can be done full-time over 9-10 days or part-time over 1-1.5 months
Exam
- Real Estate Salesperson (RES) Exam
Pass in 2 papers required
Exams are conducted once every 2 months
Select an Agency (Estate Agent) to join
- Meet up with various recruiters to find out more about the Agency and support provided
- Understand the team's/branch's training program and mentoring provided
Licence Registration
- Submit the necessary documents and payments to the Agency that you'll be joining
- They will submit your licence registration to CEA on your behalf
Undergo Training
- Attend the necessary trainings to equip yourself with the required skills to be a property agent
- Gain practical skills through On-the-Job-Training (OJT)
Practice!
- The best way to learn and eventually succeed is to get straight down to meeting clients, doing viewings and working on actual deals
As you can see, these are rather simple steps on how to be a property agent in Singapore. However, more importantly, it's the details and specifics especially when it comes to the training and mentoring provided that would make a difference on whether you'll succeed in Real Estate.
My best suggestion to that is to get down to speaking with Successful Mentors who have trained Successful Property Agents. It is important to note that successful agents, or simply top producers may not be strong mentors as they mainly focus on their own sales. Look instead for leaders who have a track record of building strong teams, a comprehensive training program and of course, those who have grown New Agents into Top Producers!