CONTINUOUS PROFESSIONAL DEVELOPMENT

FUNDAMENTAL OF FACILITIES MANAGEMENT

C3: CEA Prescribed Estate Agency Agreements...A More In-Depth Study ($53.50)


 (Category 3 - Level 2; C3L2S0316) 

 

Expected Learning Outcomes:

1.    Understand the Duties detailed in Schedule 2 across all prescribed Estate Agency Agreements.

2.    Understand the Practice Guidelines on Use of Estate Agency Agreements.

3.    Understand the differences between Non-Exclusive & Exclusive Agencies.

4.    Understand the underlying benefits of using the prescribed Estate Agency Agreements, even when RES are representing Buyers/Tenants who are not paying commission.

Detailed Description of Activity:

1.    RES will be briefed on the similar clauses found across the 8 prescribed Estate Agency Agreements,
thereby impressed upon on the significance of the following issues:

a.    Duties of Estate Agent (embedded with the understanding of Fiduciary Duties).

b.    Commission, Disclosure Requirements, Co-Broking & Additional Terms, as detailed in the
Practice Guidelines on Use of Estate Agency Agreements.

2.    RES will also get to compare & contrast the different clauses unique to each prescribed Estate Agency Agreements, thereby impressed upon on the significance of the following issues:

a.    Agency Appointment (embedded with the understanding of Non-Exclusive & Exclusive
Agencies).

b.    Expected Price under Exclusive Agency.

c.    Specific commission-related matters, including “after Validity Period”, Third Party details & Renewal Commission.

3.    Lastly, RES will get to collectively discuss a case study scenario, whereby the objective is to impress upon them that the use of prescribed Estate Agency Agreements are still very much applicable, even when RES are representing Buyers/Tenants who are not paying commission.

By registering, it is also deemed that you have agreed to the following Terms and Conditions. 

TERMS AND CONDITIONS For CPD Core/Non-Core And Letter of Attendance

1.     Each CPD Core course comes with 2 Core Credits as approved by CEA. Non-Core course comes with Recommended 2 Non-Core points subject to Agency KEO’s approval.

2.     Seats/Registrations are on a first-come-first-served basis. Offer ceases when registration is full or otherwise stated by LMA.

3.     RES are expected to make the necessary arrangements and give full commitments to attending the classes.

4.     The courses are non-transferable and non-refundable. Rescheduling is not allowed except on medical grounds where Medical Certificate must be provided, and subjected to availability of seats.

5.     The management reserves the rights to re-schedule the course dates and/or venue. Prior notice will be given.

6.     In accordance to CEA’s CPD regulations and attendance requirements, RES are to clock in a minimum of 2 hours and 30 minutes.

7.     A maximum of 10 minutes grace period is allowable for latecomers.

8.     During lessons, any RES who leave the class for more than 10 minutes will not be awarded CPD Points and Letter of attendance.

9.     All Terms and Conditions are to be complied with. Failing which, Letter of Attendance and CPD points will not be awarded.

10.   The Client agrees that all IP in the program is the sole property of LMA. The Client agrees that she/he will receive no right, title or interest of any nature of the program materials. The Client must not allow any other party to commit any forms of reproduction.

11.   One “Letter of Attendance” will be issued out end of the class.

12.   Please be informed that reprint of Letter of Attendance will be charged at $5.00 per piece.

13.   By registering, you also consent to LMA Privacy Policy and allowing LMA to periodically send you information on related products and services.

Call us at 6255 6083 / 6091 or email cpd@lifemasteryacademy.com for any inquiries.