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Cash Subsidy for Individual Licensees in the Estate Agency Sector

To reduce the impact of the epidemic on estate agents, the bureau proposes to provide a one-off cash subsidy to each eligible licensee of a salesperson’s licence and an estate agent’s licence (individual). The subsidy amount is equal to the 24-month licence fee of the respective licences (i.e. $2,510 for salesperson’s licence and $3,930 for estate agent’s licence (individual)). Estimated that the above measure will benefit about 40 000 individual licencees.


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