Now, prospective real estate brokers in Telangana must pass the RERA exam and obtain a credential.

Abhay Shah - August 28, 2023

HYDERABAD: Real estate agents in Telangana will soon be required to take an exam and obtain a certificate in order to perform their duties. Even individuals already in the industry will be required to take this test to renew their license.

Telangana RERA chairman N Satyanarayana stated that the organization is working on finalizing the module and has enlisted the help of multiple stakeholders. The goal is to boost the credibility of realtors, who are frequently the ‘face’ of a property transaction.

At the moment, only Maharashtra has such a rule.

“I studied the Maharashtra model and resolved to put in place a similar system here,” said the TS-RERA chairman, adding, “The concept is to organize a training program for real estate agents and have an online test at the end.” Those who pass the test will receive a certificate.”

The official stated that he was in talks with the Hyderabad Realtors Association (HRA) and the Advocates Association for Social Responsibility and Awareness (AASRAA) to iron out the details of this proposal and assist RERA in implementing it. “I also intend to bring in some premier institutions to provide training and administer the test,” Satyanarayana added. He wants it to be available in Telugu as well as English.

HRA members believe it is a positive step toward institutionalizing the real estate sector. “It will increase transparency and trust in the real estate industry.” “We are committed to working with RERA to ensure the successful implementation of this system,” stated HRA President Sarith Jonnala.

To begin practicing as a realtor, property agents must complete a day-long certification course and pass an exam, as part of the Maha RERA model used in the neighboring state. The license that is issued after that is good for five years.

The structure has been working effectively in Maharashtra, and we wish to see all other states initiate the process because it will not only give credibility to the profession but also guarantee that they are fully furnished to serve as the trusted face of property deals,” said Ravi Varma, chairman of the National Association of Realtors, India.

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