Council for Estate Agencies
 Logo of the CEA | |
| Agency overview | |
|---|---|
| Formed | 22 October, 2010 |
| Jurisdiction | Government of Singapore |
| Headquarters | 490, Lorong 6 Toa Payoh, HDB Hub Biz 3, #05-10, Singapore 310490 |
| Agency executive |
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| Parent agency | Ministry of National Development (Singapore) |
| Website |
www |
The Council for Estate Agencies (Abbreviation: CEA) is a statutory board under the Ministry of National Development of Singapore.
The CEA was established under the Estate Agents Act to regulate and promote the development of a professional and trusted real estate agency industry. The key responsibilities of CEA are to license estate agents and register salespersons, promote the integrity and competence of estate agents and salespersons, and equip consumers with the necessary knowledge to make informed decisions in property transactions.
Vision
The vision of the Council for Estate Agencies is to create a professional and trusted real estate agency industry.
Mission
To raise the professionalism of the real estate agency industry and safeguard consumer interest.
Three Broad Strategies
- Regulate effectively to foster a well-disciplined real estate agency profession
- Collaborate with the industry to spearhead industry development
- Educate consumers to keep them better-informed
Definitions
Under the Estate Agents Act,
- "Estate Agents" refer to estate agency businesses (sole proprietors, partnerships and companies)
- "Salespersons" refer to individuals who perform estate agency work