It is not required to have savings before becoming a real estate agent in Singapore, but having some financial stability can help you weather the ups and downs of the real estate market and support you in the early stages of your career.

Starting a career as a real estate agent can be a significant investment of time and resources, and it’s important to have a solid financial plan in place. Some expenses you may incur as a real estate agent include the cost of obtaining your salesperson’s license, ongoing professional development, and marketing and advertising expenses.

Having some savings can help you manage these expenses and provide a safety net in case of emergencies. It can also help you focus on building your career and not be distracted by financial stress. However, if you are committed and have a clear plan, it is possible to start a career as a real estate agent in Singapore without having significant savings.