REITM Focus: New CPD framework to enhance your professional knowledge
The Nuts and Bolts
From 1 October 2019, the new CPD framework will come into effect.
The new requirements per CPD cycle will be six credits – four from Professional Competency courses and two from Generic Competency courses.
Courses related to Professional Competencies offer agents opportunities to develop and deepen their knowledge in estate agency work. These are grouped into three categories: laws and regulations, property markets, and other related estate knowledge.
Courses related to Generic Competencies will contribute towards agents’ overall personal development and sharpen their “soft skills”. These are grouped into 18 categories, including those on leadership, digital literacy, communication, and creative thinking.
|4 credits from Professional Competencies|
|Laws and Regulations||Property Markets||Other Real Estate Knowledge|
|2 credits from Generic Competencies|
|18 Generic Skills and Competencies|
What else is new?
My CPD Portal 2.0
The My CPD Portal has undergone enhancements to support the changes to the CPD framework. The key changes are detailed in the table below.
|Requirements per CPD cycle for renewal||“Required CPD Credits” will be shown as “4P 2G”, i.e. a minimum of four professional credits and two generic credits per CPD cycle.|
|Professional Competencies||Current core CPD courses will be re-categorised under three new Professional Competency categories – P1, P2 and P3.|
|Generic Competencies||KEOs will be required to assign a competency category to Generic Competency courses attended by their agents, when approving these courses.|
|Current and past records of course attendance||
Attendance Management and CPD Requirement Monitoring pages will show current records, based on the new CPD framework.
Past records from 2013 to 2018 can be accessed under separate tabs.
Ratings for courses
KEOs and agents can now rate Professional Competency courses in the CPD Course Directory after attending these courses. This will help other agents in their decision-making when choosing which CPD courses to attend.
Your questions answered
Are there different levels of proficiency allocated under the new CPD framework?
As CEA recognises the need for all agents to acquire a basic level of competency and foundational knowledge, the new CPD framework will no longer have differing levels of proficiency.
Course providers are at liberty to develop more in-depth courses to cater to the various groups of agents in the industry.
How will the credits be decided for Generic Competency courses?
Revised CPD guidelines have been issued to help the industry prepare for the new CPD framework and to provide guidance to KEOs on the allocation of credits for Generic Competencies.
Similar to current arrangements, the allocation of course credits will be based on contact hours, with a maximum cap of two credits to be allocated for each course per day.
If an agent were to attend a course on a subject unrelated to estate agency work, e.g. air-conditioning system servicing, would the course be considered under Generic Competencies?
The recognition of credits for Generic Competencies is determined by the KEOs. KEOs would need to assess the relevance of courses undertaken by the agents and ensure that it in line with the Generic Skills and Competencies list.
If the course is in keeping with CEA’s requirements set out in the Generic Skills and Competencies list, it may be considered as a CPD course under Generic Competencies.
Find out more about the new CPD framework at the My CPD Portal.