The Straits Times | MARCH 05, 2013
A trade body was launched for real estate agents yesterday, in an effort to boost professionalism and fund training in the sector.
The Real Estate Professionals Chapter is supported by a $20,000 grant from the Employment and Employability Institute, and comes under the Singapore Industrial and Services Employees' Union (SISEU).
Launching it, labour chief Lim Swee Say said its formation is part of the labour movement's efforts to help workers, particularly more professionals, managers and executives within their industries.
Membership will cost $117 a year, which will see agents benefit from a 50 per cent subsidy on four course bundles run by independent real estate body SAEA.
Up to 200 members are expected to benefit from the courses that target property agents with varying degrees of experience. Applicants can get further help via NTUC's Union Training Assistance Programme, which gives grants for skills upgrading.
A non-member of the chapter, who would normally pay $200 per course, would have to pay only $30 if he signed up.
SAEA chairman Tay Kah Poh noted agents typically worked like independent contractors and do not get much support from the firms they work for. "Joining an organisation helps to protect their families and them better."
According to industry regulator, the Council for Estate Agencies, there are now 31,000 registered property agents.
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