What is the difference between EAQE and SQE exam?

June 15, 2021

 

What is the functional difference between the EAQE and SQE exam?

 

EAQE has broader functions than SQE. Basically, the EAQE exam is omnipotent. If you want to become an estate agent, you must take the EAQE, which is also known as the Estate Agent Qualifying Exam. EAQE results can also be used to apply for a salesperson license to become a real estate salesperson. Therefore, if you are interested in opening an agency on your own in the future, or if you want to become a manager, you can pass the EAQE exam first, and then you don’t need to take the exam again in the future. After becoming a real estate agent, all the duties that a salesperson is eligible to partake in can be done by an estate agent; in contrast, a salesperson cannot partake in some of the estate agent’s designated duties. In other words, The SQE Salesperson Qualifying Exam has only one function, which is to enable a person to apply to be a salesperson.

 

Licenses that can be applied for \\examination EAQE SQE
Estate Agent
Estate Salesperson 

 

What is the difference between the estate agent license and estate agent salesperson license?

 

There are two types of licenses for real estate practitioners: real estate agent and real estate salesperson. Only real estate agents are eligible for sole proprietorship, partnership operation of real estate agency companies, branch managers or directors involved in real estate agency business. Real estate salespersons need to partake in the EAQE exam in order to be eligible in performing the above actions.

 

Responsibilities\\License Type Estate Agent License Salesperson License
Manager
Estate sales role 

 

What is the difference in content between EAQE and SQE?

 

In terms of exam content, EAQE will have two more chapters compared to the SQE exam, and the scope of both exams includes the Study Guide to Estate Agency Law and Practice. The EAQE exam covers chapters 1 to 8 of the Study Guide to Estate Agency Law and Practice. On the other hand, SQE examination does not include Chapter 6-Principles and Practices of Property Valuation and Chapter 8-Effective Agency Management and Supervision of Salespersons to Ensure Compliance, that is, only chapters 1 to 5 and chapter 7 are required.

 

EAQE SQE
Covers real estate agency law and practice study guide

A total of 8 chapters

Covers real estate agency law and practice study guide

A total of 6 chapters (1-5, 7)

 

The Study Guide to Estate Agency Law and Practice is one of the scope of the examination, which can be downloaded for free from the website of the Estate Agent Authority:

http://www.eaa.org.hk/en-us/Information-Centre/Publications/A-Study-Guide-to-Estate-Agency-Law-and-Practice

 

For other review scopes, please refer to What is the difference between a real estate agent and a real estate salesperson?

 

In general, EAQE has more content and functions than SQE.

 

Why is it better to take the EAQE exam than an SQE exam?

After taking the EAQE exam, there will be more choices. You can be a real estate agent or a real estate salesperson by taking EAQE, but you can only be a salesperson by taking SQE. In case your prospective company has different expectations of you after you finish the exam, or if your mentality changes in the future, there is no need to take the exam again if you decide to take the EAQE in the first place. Furthermore, if the student was originally a salesperson, but he needs an estate agent license in the future, the examination fee will be eroded by taking one more real estate exam. In addition, because the second part of the EAQE exam consists of more case studies related questions, which is more or less dependent on the solidity of your knowledge and less on luck itself, therefore one is less likely to fail due to lack of luck. 

 

How can we help?

2CExam provides HKSI LE, IIQE, EAQE and SQE related exam preparation materials. We sell mock question banks for IIQE Papers 1, 2, 3, 5 and MPFE in Chinese and English; and bibles for IIQE Papers 1, 2, 3, MPFE in Chinese. We also offer 1 on 1 tutorial services. Besides, we have also made free tutorial videos for IIQE Papers 1, 2, 3 and MPFE and posted on public channels such as Youtube/ Bilibili/ Tencent/ Iqiyi. 2CExam has been an exam training expert for years. Should you need any help please visit www.2cexam.com or contact us through:

Phone +852 2110 9644 Email: [email protected] Wechat: hk2cexam WhatsApp: +852 9347 2064

 

Please support us by leaving comments and likes if you think this article helps you!

You can scan or click on the QR codes to visit our social media.

Latest Article

Categories

過往文章

Contact US

Interesting Articles

Is the IIQE paper based exam or computer based exam easier? Which exam is better to partake in?

July 26, 2021

  Many people are curious about the differences between the IIQE’s computer-based exam and the paper-based exam.   As per the two exams’ content, they are pretty much identical. The two exams use the same Study Guide, the exam questions are drawn in the same question bank. Some people say that they have taken a…

Is the HKSI paper-based exam or the computer-based exam easier? Which is better to partake in?

July 26, 2021

  Many people are curious about the differences between the HKSI LE’s computer-based exam and the paper-based exam.   As per the two exams’ content, they are pretty much identical. The two exams use the same Study Guide, the exam questions are drawn in the same question bank. Some people say that they have taken…

What are the differences between a computer-based and paper-based exam for the Estate Agents / Salespersons Qualifying Examinations?

July 26, 2021

  There are differences between the computer-based exam and the paper-based exam? Some people say that the computer-based exam / paper-based exam will be easier?   Many people are curious about the differences between the EAQE/SQE’s computer- based exam and the paper- based exam.   As per the two exams’ content, they are pretty much…

What is the difference between the computer-based exam and the paper-based exam of the Insurance Intermediaries Qualifying Examination

July 26, 2021

  Many people are curious about the difference between the IIQE’s computer-based exam and the paper-based exam. First of all, IIQE does not hold many paper-based examinations. In many cases, it will only hold paper-based examinations for Paper 1. If you have special needs, such as not being proficient with computers, or having a vision…

What are the differences between the computer-based exam and the paper-based exam of the Licensing Examination for Securities and Futures Intermediaries (LE)?

July 26, 2021

  There are differences between the computer-based exam and the paper-based exam? Some people say that the computer-based exam / paper-based exam will be easier?   Many people are curious about the differences between the HKSI LE’s computer-based exam and the paper-based exam. First of all, HKSI does not hold many paper-based examinations. In many…

Which Licensing Examination for Securities and Futures Intermediaries exam paper should I partake in?

July 26, 2021

  If you want to work in the front line of the securities industry, you have a good chance of needing to take The Licensing Examination for Securities and Futures Intermediaries. As for what test papers you need to take, first of all, you need to know that the number of the exam paper has…

If I have an overseas professional qualification, can I obtain a SFC securities license simply by recognising my prior qualification

July 20, 2021

  Some students have worked in the securities finance industry outside of Hong Kong, and now they also need to obtain a securities business license in Hong Kong. Can work experience in the securities industry abroad help you waive the exam and allows a candidate to directly apply for the securities license from the Securities…

In order to obtain exemption from the HKSI LE exam or SFC’s academic requirement, how is relevant industry experience considered?

July 20, 2021

After reading the “Competency Guidelines” issued by the Securities Regulatory Commission, some students may have a big question mark on “Relevant Industry Experience”, “have X years of experience in the past X years”, and then ask us what kind of experience are counted as industry experience so they can be exempted from the Licensing Examination…

Which insurance intermediary qualifying examination paper should I take?

June 30, 2021

  If you want to work in the front line of the insurance industry, you have a good chance of needing to take the Insurance Intermediaries Qualifying Examination (IIQE). As for what exam papers you need to take, first you can check whether you meet certain conditions to be exempted from specific exam paper combinations…

The difference between IA Responsible Officer(RO) and technical representative (TR)

June 30, 2021

Regulatory Organisation   Before explaining the difference between Responsible Officer and Technical Representative, you must first know that there is only one regulatory agency that regulates companies engaging in insurance business: the Insurance Authority (IA). All the powers concerning licensing matters, supervision tasks, sanctions and investigations of intermediaries of insurance intermediaries, insurance companies and insurance…