EAA’s one-off Professional Development Subsidy for Licensees
Holders of a valid estate agent’s licence (individual) or salesperson’s licence as at 31 March 2020 will each receive a one-off professional development subsidy of $500 (herein referred to as “the Subsidy”) from the Estate Agents Authority (“EAA”) to assist them in developing and maintaining their professional service standard under the current difficult operating environment.
Eligible Recipients of the Subsidy
The Subsidy will be granted to:
- each individual licensee holding a valid licence (i.e. estate agent’s (individual) or salesperson’s) as at 31 March 2020; and
- each individual who has submitted an application for a licence (i.e. estate agent’s (individual) or salesperson’s) on or before 31 March 2020 and whose licence is approved latest by 31 March 2021.
There is no need for submitting any application for the Subsidy.
Schedule and Channel for Delivering the Professional Development Subsidy
Starting from April 2020, the Subsidy will be released to eligible individual licensees by cashier’s order payable to them and delivered to their registered addresses (as shown on the Register), through ordinary mail by batches according to the numerical order (ascending) of their licence numbers. The expected schedule is as follows:
||To be received by
||S-000001 to S-250000;
E-000001 to E-100000
|On or before 30 April 2020
||S-250001 to S-450000;
E-100001 to E-250000
|On or before 31 May 2020
||S-450001 to S-550000;
E-250001 to E-350000
|On or before 30 June 2020
E-350001 onwards; and
Licence applications submitted on or before 31 March 2020 and approved by 30 June 2020
|On or before 31 July 2020
||Licence Applications submitted on or before 31 March 2020 and approved after 30 June 2020
||One month after approval
Remark: the Subsidy will lapse in the following circumstances and the EAA’s decision in this respect shall be final:
- for any cashier’s order unclaimed by 31 March 2021; and
- for any licence application which, though submitted on or before 31 March 2020, is not approved for whatever reason by 31 March 2021.
To reduce the risk of mail loss of the cashier’s order, please update your “Registered Address” by 31 March 2020 if necessary. The Registered Address can be updated via the EAA’s
or by submitting the completed form of “Notice of Change of Personal Information”, which can be downloaded from the EAA website.
Any undelivered cashier’s order will only be handled after 1 August 2020. Please allow another one to two months for checking and reissuing the cashier’s order.
For enquiry, please contact the EAA’s hotline at 2111 2777 or email email@example.com