As we have previously introduced, the Hong Kong real estate agency license is mainly divided into two types: the major license “Estate Agent (Individual) License” and the minor license “Salesperson License”. Holders of the “Estate Agent (Individual) License” can engage in real estate agency business or work as a licensed real estate agent’s salesperson.
Holders of the “Salesperson License” can only work as a licensed real estate agent’s salesperson.
If you plan to enter the Hong Kong real estate agency industry, or have already registered and are preparing to take the license examination, do not assume that it can be easily passed. The average pass rate for both licenses is actually less than 40%.
The following are the details of the Hong Kong Real Estate Qualification Examinations for 2021-2023:
Real estate qualification examination format and pass score requirements
Corresponding to the “Estate Agent (Individual) License” and “Salesperson License”, the real estate qualification examination is divided into the Estate Agent Qualifying Examination (EAQE) and the Salesperson Qualifying Examination (SQE), both of which have 50 multiple-choice questions:
Estate Agent Qualifying Examination (EAQE) only has a written test:
The examination is divided into two parts:
Part 1: 30 questions (60 points, to pass, at least 18 questions/36 points must be answered correctly)
Part 2: Case analysis 20 questions (40 points, to pass, at least 12 questions/24 points must be answered correctly)
Examination time: 3 hours
Examination fee: $900
The passing score is 60%*. Candidates must obtain a passing score in both Part 1 and Part 2 of the examination to obtain a passing score for the Estate Agent Qualifying Examination. Therefore, candidates taking the Estate Agent Qualifying Examination must obtain at least 36 points and 24 points respectively in Part 1 and Part 2 to obtain a passing score.
The Salesperson Qualifying Examination (SQE) offers the option of a written test or a computer-based test:
The examination is divided into two parts:
Part 1: 40 questions (80 points, to pass, at least 24 questions/48 points must be answered correctly)
Part 2: Case analysis 10 questions (20 points, to pass, at least 6 questions/12 points must be answered correctly)
Examination time: 2.5 hours
Examination fee: $650
The passing score is 60%*. Candidates must obtain a passing score in both Part 1 and Part 2 of the examination to obtain a passing score for the Salesperson Qualifying Examination. Therefore, candidates taking the Salesperson Qualifying Examination must obtain at least 48 points and 12 points respectively in Part 1 and Part 2 to obtain a passing score.
Scope of the Real Estate Qualification Examination
Although both the major license EAQE and the minor license SQE of the real estate qualification examination are held by the Vocational Training Council PEAK, the council does not provide any relevant study materials, and the Estate Agents Authority (EAA) does not publish any study materials for the real estate qualification examination.
To help candidates prepare for the examination, the EAA website provides some relevant study materials:
1.Introduction to the “Code of Ethics” and “Estate Agents Ordinance”:
www.eaa.org.hk/practice/documents/codeofethics.pdf
2.Practice circulars issued by the EAA:
www.eaa.org.hk/zh-hk/Compliance/Practice-circulars
3.Study Guide to Estate Agency Law and Practice:
www.eaa.org.hk/zh-hk/Information-Centre/Publications/A-Study-Guide-to-Estate-Agency-Law-and-Practice
All eight chapters of the “Study Guide to Estate Agency Law and Practice” are within the scope of the Estate Agent Qualifying Examination, while Chapters 1 to 5 and Chapter 7 are within the scope of the Salesperson Qualifying Examination.
4.Online case studies:
www.eaa.org.hk/zh-hk/CPD-Scheme/Upcoming-CPD-Activities/e-Quiz
Students preparing for the major license examination EAQE need to study all chapters of the “Study Guide to Estate Agency Law and Practice,” while students preparing for the minor license examination SQE do not need to download and study Chapter 6 and Chapter 8.
As there is no clear guideline for the scope of the real estate qualification examination, there is no specific data defining the percentage of study materials that will appear on the examination. However, based on our experience, the “Study Guide to Estate Agency Law and Practice” accounts for approximately 80% of the examination content. Additionally, free YouTube courses provided by 2CExam can also be useful for exam preparation.
When are the results of the Hong Kong Real Estate Qualification Examination released?
The result notification letter will be sent to candidates by the VTC PEAK Examination Centre 14 working days after the written test or 7 working days after the computer-based test.
At the same time, the VTC PEAK Examination Centre will provide an online examination result enquiry service on their website (www.vtc.edu.hk/cpdc) 14 working days after the written test or 7 working days after the computer-based test, for candidates who have not expressed their disagreement with publishing their results online.
How can we help?
2CExam provides HKSI LE, IIQE, EAQE and SQE related exam preparation materials. We sell mock question banks for HKSI LE Papers 1, 2, 3, 5, 6, 7, 8, 9, 12 in Chinese and English; and bibles for HKSI LE Papers 1, 2, 6, 7, 8 in Chinese. We also offer 1 on 1 tutorial services. Besides, we have also made free tutorial videos for HKSI LE Papers 1, 2, 6, 7, 8, 12 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
-
Phone:
+852 2110 9644
-
Email:
-
WhatsApp
+852 9347 2064
-
WeChat
hk2cexam
Interesting Articles
The differences between a SFC Responsible Officer (RO), HKMA Executive Officer (EO) and a Sale Representative (Rep)
The different regulatory agencies Before explaining the differences between a responsible officer (RO), HKMA’s executive officer (EO) and sales representative (Rep), you must first know that there are two regulatory agencies that regulates companies that are engaging in securities business: the Securities and Futures Commission (SFC) and Hong Kong Monetary Authority (HKMA).The regulatory…
What kind of updates will be made in different versions of IIQE study notes?
What updates will be made in the newest version of IIQE study notes has been a hot question from our clients. The answer may disappoint you or make you relieved. There are two kinds of major updates: Changes in Laws, Regulations and Regulatory Body There will not be unreasonable or unnecessary modifications in…
What kind of updates did the HKSI make in the LE study manual?
Many of our clients are frustrated with needing to retake the exam, or some are going to take the exam right before the HKSI is going to update the manual. They are concerned with what updates the HKSI would make on their study manual. Below we will uncover what differences will be commonly found between…
How to apply for an insurance intermediary IA license in Hong Kong?
Many students who have no experience in the insurance industry feel puzzled about the procedures regarding applying for a license. This article mainly teaches students how to prepare to apply for a insurance license. First of all, to apply for an insurance license, you need to meet the requirements of the “Fit and…
How to apply for an SFC Hong Kong Securities License?
Many students who have no experience in the securities industry feel puzzled about the procedures regarding applying for a license. This article mainly teaches students how to prepare to apply for a securities license. First, to apply for a securities license, you need to meet the ”Guidelines on Competence” issued by the securities and…
Which IIQE insurance exam paper is more difficult? Which is easier? I don’t have any insurance knowledge, where and how should I get started?
Which IIQE insurance exam paper is more difficult? Which is easier? There are 4 most popular papers in the IIQE exam: IIQE Paper 1, 2, 3, 5. If you sort by difficulty, IIQE Paper 1 will be the most difficult because the concepts and content are broad and have the most content compared to…
Which of the HKSI LE securities exams is more difficult? Which is easier? I haven’t studied finance before, where and how should I get started?
What are the contents of the HKSI LE exam papers? The Licensing Examination for Securities and Futures Intermediaries (HKSI LE) paper 1 is considered as the basic course for aspiring Securities and Futures Practitioners. Anyone who wishes to enter the industry – after the emergence of the securities examination system needs to take the…
Are the EAQE/SQE video courses on 2CExam’s Youtube channel still applicable to the exams today?
Are the EAQE/SQE video courses made by 2CExam a few years ago still applicable to the examinations today? In recent years, 2CExam has launched a series of online video courses for the EAQE/SQE exam. The courses integrate the most important content in the entire examination and are covered by a seasoned tutor from scratch.…
Are the IIQE Paper 1 video courses on 2CExam’s Youtube channel still applicable to the exams today?
Are the IIQE Paper 1 courses uploaded by 2CExam a few years ago still applicable to the exam? In recent years, 2CExam has launched a series of online video courses for the IIQE Paper insurance exam. The courses integrate the most important content in the entire exam paper and are covered by seasoned instructor from…
Are the HKSI LE Paper 1 video courses on 2CExam’s Youtube channel still applicable to the exams today?
Are the HKSI LE Paper 1 video courses made by 2CExam a few years ago still applicable to the examinations today? In recent years, 2CExam has launched a series of online video courses for the HKSI LE Papers. The courses integrate the most important content in the entire examination paper and are covered by…