{"id":538,"date":"2023-05-19T06:22:18","date_gmt":"2023-05-19T06:22:18","guid":{"rendered":"https:\/\/spacemen.digital\/test\/?p=124"},"modified":"2023-05-19T06:22:18","modified_gmt":"2023-05-19T06:22:18","slug":"council-of-estate-agencies","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/glossary\/council-of-estate-agencies\/","title":{"rendered":"Council of Estate Agencies"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\"><strong>What is the Council of Estate Agencies (CEA)?<\/strong><\/h2>\n\n\n\n<p>The <a href=\"https:\/\/www.cea.gov.sg\/\">Council of Estate Agencies (CEA)<\/a> is a regulatory body under the Ministry of National Development (MND).&nbsp;<\/p>\n\n\n\n<p>It was formed in 2010 to implement a new regulatory structure for the real estate industry in Singapore. Essentially, the CEA serves as a watchdog for the real estate market, as there was a significant increase in grievances against property agencies leading up to 2009.<\/p>\n\n\n\n<p>Recommended article: <a href=\"https:\/\/www.99.co\/singapore\/insider\/the-cea-or-council-of-estate-agencies-what-is-it\/\">CEA: What is it and why does it matter to property buyers in SG?<\/a><strong>&nbsp;<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>What are the responsibilities and functions of CEA in Singapore?<\/strong><\/h2>\n\n\n\n<p>CEA&#8217;s main objective is to enhance the real estate industry&#8217;s professionalism and safeguard consumers&#8217; interests. The board is responsible for various tasks, such as;&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Managing the licensing system for estate agents<\/li>\n\n\n\n<li>Regulating and monitoring the practices of estate agents and salespersons involved in property transactions<\/li>\n\n\n\n<li>Promoting ethical conduct and competence among agents and salespersons<\/li>\n\n\n\n<li>Providing consumers with the essential knowledge to carry out real estate transactions diligently<\/li>\n\n\n\n<li>Investigating and taking disciplinary action against misconduct<\/li>\n\n\n\n<li>Organising and overseeing exams and continuing education programmes.&nbsp;<\/li>\n\n\n\n<li>Collaborating with industry stakeholders to create educational programmes and disseminate information to the public<\/li>\n<\/ul>\n\n\n\n<p>Recommended article: <a href=\"https:\/\/www.99.co\/singapore\/insider\/cea-99co-clamp-down-on-fake-listings\/\">CEA teams up with 99.co and other stakeholders to clamp down on fake property listings<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is the Council of Estate Agencies (CEA)? The Council of Estate Agencies (CEA) is a regulatory body under the Ministry of National Development (MND).&nbsp; It was formed in 2010 to implement a new regulatory structure for the real estate industry in Singapore. Essentially, the CEA serves as a watchdog for the real estate market,&hellip;<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[92],"tags":[],"class_list":{"2":"type-post","7":"entry"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.7 (Yoast SEO v25.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Council of Estate Agencies Definition, Understanding and Why Council of Estate Agencies is Important?<\/title>\n<meta name=\"description\" content=\"Council of Estate Agencies is an important term that helps you understand real estate industry better. 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