How should I apply for a license if I want to engage in the real estate industry? What conditions must I meet?

August 6, 2021

 

First of all, to apply for a real estate intermediary license, you need to meet the “Fit and Proper” Guidelines issued by the Estate Agent Authority, such as passing EAQE or SQE.

 

Secondly, The financial status of the applicant will also be reviewed, and the applicant cannot be under bankruptcy status or enter into a debt restructuring or repayment agreement with his creditors within the past five years.

 

Thirdly, The applicant’s integrity and reliability will also be considered, such as the authenticity of the submitted information, any histories of the candidate being disqualified for being company’s director due to violation of the Estate Agents Ordinance.

 

Fourthly, some people may wonder if the staff of the Estate Agent Authority does not know you; how do they evaluate your character? In fact, the staff of the Estate Agent Authority will also explore your past criminal records, conviction records of fraud, or other dishonest acts, such as theft, handling stolen goods, using false documents, leaving without payment, etc.

 

Fifthly, Applicants who wish to become a licensee must have a minimum academic qualification equivalent to or higher than Hong Kong’s secondary school form five level, which means as long as a candidate graduated Form Five (second year of high school in Hong Kong) – regardless of whether a candidate obtained a passing grades in the HKDSE or HKCEE or not, students who complete the form five school level are deemed having a qualification equivalent to Form Five. 

 

Sixthly, Applicants must be at least 18 years old.

 

For other detailed information, please refer to “Fit and proper person to hold a licence” guidelines, issued by the Estate Agent Authority: http://www.eaa.org.hk/en-us/Licensing/Licensing-requirements/Fit-and-proper-individual

 

How to apply for a license?

 

After satisfying the requirements of the Competency Guidelines, you need to negotiate with the Estate Agent Authority about the license application. As for what documents need to be submitted, they approximately include: academic certificates and score notifications. After submitting these documents, the Estate Agent Authority will contact the relevant agencies, such as your alma mater, the police, etc., to collect validating information. You may also need to answer questions raised by the Estate Agent Authority.

How can we help?

2CExam provides HKSI LE, IIQE, EAQE and SQE related exam preparation materials. We sell mock question banks for EAQE and SQE in Chinese and English. We also offer 1 on 1 tutorial services. Besides, we have also made free bibles and free tutorial videos for EAQE and SQE 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

What is the HKSI license?

May 11, 2021

How to register for the exam? How to prepare? What?! The HKSI exam result is not a license? HKSI, Hong Kong Securities and Investment Institute’s designated LE’s (Licensing Examination, Qualifying Examination) passing result is one of the competency requirements for applying for a license to become a representative and/or responsible officer. However, HKSI is a…

What exactly is a Hong Kong securities license?

May 11, 2021

Is it an HKSI license or an SFC license or an HKMA license? What is the 178 license?  We often hear people mention the 178 license, what does that mean exactly? In fact “178 license” is a common misnomer. 178 does not refer to a license, but a combination of exam papers that need to…

Insurance Intermediary Qualification Examination (IIQE) Exemptions

May 4, 2021

Type A & B of exempted applicants According to Insurance Authority’s Insurance Intermediaries Quality Assurance Scheme (IIQAS), There are 5 types (A, B, C, D, E) of individuals who could be exempted from the IIQE requirement. Type A individuals could be exempted from IIQE Paper 1 (Principles and Practice of Insurance), IIQE Paper 2 (General…

What Is the Difference Between SFC License And HKMA License?

May 4, 2021

Which license should a bank employee apply for? Will it be supervised by the SFC or HKMA? What is a SFC license? The full name of SFC is the Securities and Futures Commission, and it is the statutory regulator of the securities industry in Hong Kong. The Securities and Futures Commission was established in accordance…

What is the validity period of the HKSI LE Hong Kong Securities Examination results?

May 4, 2021

If you ever asked the questions above, then this article is specially written for you! In order to better comprehend the specification of HKSI’s licensing details, we must first clarify the relationship between the various institutions. HKSI is the abbreviation for Hong Kong Securities and Investment Institute. If you ever considered obtaining license(s) for securities-related…

HKSI LE Exemption

May 4, 2021

Let’s talk about Exemptions: Hong Kong Securities and Investment Institute (HKSI) Licensing Examination Paper 7,8,9,11,12 – Common Misunderstandings we all have when it comes to comprehending the Hong Kong Securities and Investment Institute’s (HKSI) exemption methods and requirements.  Able to Have Exemptions from HKSI Examination Papers 7 to 12 By fulfilling any of the following…

What is the validity period of the EAQE/SQE exam?

April 28, 2021

As a city with a dense population, Hong Kong’s property prices continue to be extremely lucrative. With each buying and selling transaction involves several million, being a real estate agent is a way for many people to make a fortune. Imagine how selling only one deal monthly can already enable you to have a comfortable…

What is the validity period of IIQE test results?

April 28, 2021

“If you have money, buy insurance, if you don’t have money, you can sell insurance.” I wonder if you have heard of this saying. Many people rely on insurance to support themselves and their families. Before entering the industry to sell insurance, you need to take at least 2 Insurance Intermediaries Qualifying Examination (IIQE) exam…