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Estate Agent Qualifying Exam

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  1. #1

    Join Date
    Jan 2012
    Posts
    29

    Estate Agent Qualifying Exam

    Hello everyone,

    I am interested in taking the HK estate agent exam soon and am looking for an english speaking tutor/consultant who can help me prepare for the exam. Does anyone have any recommendations for some property practice training course in english?

    Any tips/advice would be helpful.

    Thanks a lot in advance.


  2. #2

    Join Date
    Dec 2013
    Posts
    495

    I don't know the answer to your question, but I've always wondered whether there are many expat estate agents here?


  3. #3

    Join Date
    Feb 2011
    Location
    Hong Kong
    Posts
    6,317

    There are quite a few foreigners as agents, but as a percentage wise it is low.

    First, pick the exam that you want and sign up for it. I would recommend the E exam which is a 3 hour exam. Don't worry about time, most people finish 30-45 minutes early but take your time to check your unsure questions.

    Schedule:
    2017 Qualifying examination timetable

    Schedule (E-exam for 2017):
    http://www.eaa.org.hk/Portals/0/Sect...17EAQE_eng.pdf

    Read the Exam handbook:
    http://www.eaa.org.hk/Portals/0/Sect...hb_Nov2016.pdf

    Then most importantly study all of the practice questions:
    Online Mock Examination
    Preparing for qualifying examinations

    If you don't have the time to read everything then focus on the practice questions. Don't worry about memorising stamp duty charts, they are provided when needed in the exam, but know how to calculate stamp duty for renting and sales.

    Try to read the EAA circulars as they go over case studies, present problems, who is at fault, etc. This helps with the style of the questions. I remember the case study was to present a situation when someone sold a flat that belonged to a husband who was unreachable, what happens after the sale when the non-titled wife sold it and the husband didn't want to sell it, who is at fault, including the agents too.

    Also, the exam isn't the normal which answer is correct, they will show you 4-5 statements and you need to pick which statements are true or false to the question, and its often more than one statement so if you know i and ii is correct but not sure about iii, then you need to guess A) i and ii or B) i and ii and iii. Hence easy to get it wrong if you don't know the statements nor formats. A lot of it is common sense.

    Aim for at least 50-60 hours of studying.


  4. #4

    Join Date
    Jan 2012
    Posts
    29

    Thank you very much MandM for taking time to reply to my post and for providing all the useful tips and information. I appreciate that you shared the important points and they are very helpful. You are truly a rescuer:-)

    MandM! likes this.