What you must know to clear RES Exam? Covering proper syllabus for real estate course

If you have decided to establish your career in real estate industry and become RES in Singapore, then you would be knowing that it is important to meet the preliminary requirement, i.e. to clear the RES exam. 

You have to study the RES course syllabus, prepared in the context of Singapore governing real estate agency work. The syllabus is specially designed which gives proper knowledge to candidates about:

Concepts of real estate and agency practice;

Legal requirements and laws governing property transactions and real estate agency work;
Terminology and concepts of real estate sale and leasing and the need to comply with the requirements of the law;

Requirements of the Estate Agents Act 2010 and subsidiary legislation including Code of Ethics and Professional Conduct, and of the Council for Estate Agencies (CEA); and

Handling typical property transactions effectively and in compliance with the law, government policies, rules and CEA’s prescribed regulations and practice guidelines.

A Look at the topics & contents of the syllabus:

Competency Unit 1 ‐ Real Estate Agency Industry Overview Real estate market and submarkets:

Real estate market players and government intervention 

Law of agency 

Role and functions of salespersons and their requisite knowledge and skills

Regulation of real estate agency industry

Competency Unit 2 ‐ Basic Land Law Concepts and Dealings with Interests in Land 

Basic Land Law Concepts 

Land 

Estates in land 

State Lands Act 

Rights in another’s land:  (a) Licence , (b) Easement, (c) covenant 

Registration of titles

Dealings with Interests in Land (Conveyance inter vivos)

Mortgage 

Gift

Trust

Succession

Future interests 

Co‐ownership

Restrictions on capacity to hold land

Planning and development of land

Competency Unit 3 – Real Estate Marketing

Principles of real estate marketing 

Types of listing 

Methods of sale 

Regulations on advertisements 

Marketing of residential property/HDB flats

Marketing of commercial property

Marketing of industrial property 

Marketing of special properties

Negligence

Consumer Protection (Fair Trading) Act 

Competency Unit 4 – Property Transactions – Laws and Practices 

Law of contract 

Sale of uncompleted private properties

Landlord and tenant law

Leasing of private properties

Subletting of HDB flats

Foreign worker housing

Taxes on property finance and financial calculations

These are the important topics and contents that you have to work upon to become the RES in Singapore. 

Original Post:- http://rescourseprovider.wordpress.com/2014/04/22/what-you-must-know-to-clear-res-exam-covering-proper-syllabus-for-real-estate-course/