Real Estate Salesperson (RES) Exam — Law & Practice Essentials

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1. 1

   Before the current regulatory system, Singapore's property agency industry operated without a dedicated statutory regulator. What was the principal policy aim behind creating one?

   1. 1To raise professionalism in the property agency industry and strengthen protection for consumers who engage agents
   2. 2To fix the market prices of private residential properties
   3. 3To take over the approval of building plans from other government agencies
   4. 4To restrict foreign buyers from purchasing homes in Singapore

   JawabanTo raise professionalism in the property agency industry and strengthen protection for consumers who engage agents

   The reform was driven by the need to lift industry standards and give consumers clearer accountability and recourse, which pointed towards a single dedicated regulator for estate agency work. (As amended / as at 2026-09-05.)

2. 2

   What is the Council for Estate Agencies (CEA)?

   JawabanCEA is the statutory regulator of the real estate agency industry in Singapore, responsible for licensing estate agents, registering salespersons and administering the ethical rules that govern the industry.

   Understanding CEA as the industry's central regulator anchors the whole framework: entry, conduct and discipline all flow from it. (As amended / as at 2026-09-05.)

3. 3

   In which year was the Council for Estate Agencies set up?

   JawabanCEA was established in 2010 as the dedicated statutory regulator of the real estate agency industry.

   The 2010 date is tied to the passing of the Estate Agents Act, which created the modern licensing and registration regime. (As amended / as at 2026-09-05.)

4. 4

   Which of the following is a function of CEA?

   1. 1Licensing estate agents and registering salespersons who carry out estate agency work
   2. 2Setting the market price of HDB flats
   3. 3Approving the architectural design of new condominiums
   4. 4Acting as the developer's legal adviser in property purchases

   JawabanLicensing estate agents and registering salespersons who carry out estate agency work

   CEA's role covers entry control, administration of the code of ethics, handling complaints and public education, but it does not price property or advise developers. (As amended / as at 2026-09-05.)

5. 5

   Which statute is the principal law governing estate agency work in Singapore?

   JawabanThe Estate Agents Act 2010 is the governing statute; it provides for the licensing of estate agents, the registration of salespersons and CEA's regulatory and disciplinary powers.

   All duties, offences and disciplinary structures that salespersons study ultimately trace back to this Act. (As amended / as at 2026-09-05.)