ERA launches S$10m support plan to help 8,000 agents with professional development

ERA Network Realty is contributing over S$10 million into a 2021 Covid-19 business support plan to help more than 8,000 agents with their professional development.

The support plan comprises three grants - digital, training and career which covers digital adoption, skill upgrading and career progression.

Under the plan, all ERA Singapore agents will receive about S$1,340 each. This comprises a digital grant of S$700, a training grant of S$356 and a career grant of S$283.50.

The digital grant encourages agents to harness new technologies, S$500 of which can be used to set up a custom domain and hosting, as well as develop a personal website, to name a few. Another S$100 can be used for ERA tech tools such as RealtyWatch by ERA, robo advisers, robo chatbots, eSignature, analytics and e-books.

Agents can also use S$100 of the digital grant to offset costs that come from subscriptions to digital services such as assessing condo floor plans, HomeBiz and HomeLoan, among others.

Out of the S$356 training grant, ERA agents can claim up to S$76 when they attend continuing professional development courses conducted by RIA School, as well as redeem S$100 in ultimate agent training electronic vouchers on myERA. The remaining S$180 can be used to cover expenses incurred when attending specific conferences.

Meanwhile, the career grant of S$283.50 can be used to fully offset an agent's real estate salesperson licence renewal if paid within the Oct 1 to 31, 2020 cycle. The grant can also be used for other business outflows such as prospecting or recruitment matters.