ERA starts S$10m kitty for agents' professional development
Singapore
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 plan comprises three grants - digital, training and career, which respectively cover digital adoption, skills 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, for example, a custom domain and hosting, or to develop a personal website.
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 may 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 other things.
Out of the S$356 training grant, ERA agents can claim up to S$76 when they attend continuing professional-development courses conducted by the RIA School of Real Estate, or to 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.
The career grant of S$283.50 can be used to fully offset the renewal of an agent's real-estate salesperson licence if this is 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.
