When a real estate salesperson decides to join another estate agent, he is required to submit an application to switch estate agent through the estate agent he would be joining (the receiving estate agent).
A salesperson can continue to practise under his current estate agent while the application is being processed. The salesperson would only need to resign from his current estate agent after CEA has informed the receiving estate agent of the outcome of the switch application. Thereafter, the salesperson’s name will appear in CEA’s Public Register under the receiving estate agent, after his current estate agent submits notification of his resignation to CEA.
With effect from 1 June 2021, CEA will cease charging the registration fee of $230 when a salesperson switches from one estate agent to another within his current registration period.
This will apply to applications received by CEA from 1 June 2021. Each switch application will continue to be subjected to the application fee of $50 (before GST) for processing of the application. To ensure that professional standards are upheld across the industry, CEA will conduct the relevant checks to verify and ensure that the salesperson continues to meet the registration requirements, before CEA grants the salesperson registration under the receiving estate agent.
Download the FAQs on ceasing of registration fee for RESs switching EAs (PDF,102KB),