Property agents may have to meet minimum transactions to remain registered

Quick Summary:

The review by the Council for Estate Agencies comes after industry engagement sessions raised the risk posed by property agents who do not have regular transactions.

In addition, property agents will have to clock 16 hours of training a year, up from the current six to nine hours, before they can renew their registrations with the CEA.

Property agents currently do not have to meet a minimum number of transactions to renew their registrations.

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Article Details

Category: EconomyBusiness

Markets: Singapore

Topics: Estate Year Inactive Transactions Industry Agencies Property Agents Number Transaction Minimum

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-12 @ 14:29:08 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 937 words

Reading Time: 6 minutes read

Sentences: 35 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 24370349

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About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 46 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 1 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Publisher ID: #27

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