Minimum academic requirements for applying for an EAA license

August 6, 2021

 

Is there a minimum education requirement for the real estate industry?

 

The conditions for the licensing of the real estate industry are included in the “Fit and proper person to hold a licence” guidelines issued by the Estate Agent Authority (EAA). All real estate agents and salespersons who wish to be licensed must abide by this guideline.

 

The EAA listed the educational requirements for real estate agents and salespersons in the “Fit and proper person to hold a licence”guidelines. The minimum requirement to apply for a license is to graduate from secondary school Form 5 under the Hong Kong regime or the equivalent level. Form 5 level means finishing the high school secord year, regardless of the results in HKDSE or HKCEE.

 

If the student has not graduated from Form 5 of a Hong Kong secondary school, the following academic qualifications can be substituted:

 

  1. Education or examination institutions or courses registered with the government
  1. For example: Secondary schools registered with the Hong Kong Education Bureau

 

  1. Or a government-approved higher education college

https://www.edb.gov.hk/tc/edu-system/postsecondary/local-higher-edu/institutions/index.html

 

  1. Those included in the recognized qualifications register

 

  1. For example: those listed in the Australian qualifications framework 

 

  1. Hong Kong Central Online Database: https://www.hkqr.gov.hk/HKQRPRD/web/hkqr-en/index.html/

 

  1. Institution recognized by the government or its affiliates for awarding qualifications

 

  1. For example: Mainland institutions recognized by the State Council of China

 

  1. Institution authorized by the laws of relevant countries/regions to grant qualifications

 

  1. For example: British universities approved by relevant Acts of the British Parliament

 

  1. Qualification accredited by recognized bodies
  1. For example: institutions in the United States accredited by bodies recognized by the Secretary of Education

 

Or if students have completed the following levels, they can also meet the requirements:

Completion of the following or higher education qualifications will be deemed to meet the relevant academic requirements:

  1. Hong Kong: 
  • -The fifth grade of secondary school (including the fifth grade of secondary school under the new high school structure);

 

  • -Passed results in 5 different subjects in the Hong Kong Certificate of Education Examination*;

 

  • Completion of the Yi Jin Diploma course (must have passed results in 10 different subjects)

 

  • -Obtain specified results in any five subjects of the Hong Kong Diploma of Secondary Education Examination (HKDSE)**;

 

  1. Mainland China: high school or polytechnic school;
  2. Australia: Grade 11; 
  3. Canada: Grade 11;
  4. New Zealand: Grade 11
  5. England: Grade 11 or Form 5 
  6. United States: Grade 11 
  7. Philippine: University year 1 
  8. Other regions/countries: consider under individual circumstances

 

Guidelines on “Fit and proper person to hold a licence” in the Real Estate Ordinance (Chapter 41) (GL23/Guideline 23)

https://www.EAA.org.hk/tc/legislative_framework/files/GL23.pdf

 

For more detailed information, please refer to:

https://www.eaa.org.hk/en-us/Licensing/Educational-qualifications

Or call the hotline of the Estate Agents Authority at 2111 2777 (press 2, 2 after language selection).

 

The EAA did not propose a method to waive academic qualifications. However, if students have not completed the relevant academic qualifications, do not falsify academic qualifications, because EAA will contact your alma mater or government department to verify whether the supporting documents and academic qualifications you submit are true.

 

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…