subject: Buying A Property In Real Estate Malaysia Turns Much Easier With An Estate Agent There To Help [print this page] All these people have different roles to play in real estate Malaysia. When
thinking of buying or selling any property in this country its imperative to make sure
that the person you are partnering with is genuine. In Malaysia, any person who is
involved in unethical property transaction is penalized for a fine of up to RM5000 or
imprisonment for 3 years and even both under some circumstances.
Many people in Malaysia are not aware that the real estate agents are different from
brokers and negotiators. But, getting confused is very easy as both terms seem much
interconnected. But, in reality there is a difference between the two. In general, the
estate agents are much more experienced than the negotiators where the latter needs to
obtain more experience, education and knowledge to acquire that professional level.
In Malaysia, any individual who wishes to practice as a real estate agent needs to
possess a license that is issued by the Board of Valuers, Appraisers and Estate Agents.
In instance, when a person fails to do so then the same is considered as an offence in
the court of law.
Another thing that these estate agents need to accomplish is passing the written and
oral exam which is set by the same licensing board mentioned above. Also, in order to
maintain the license, these licensed agents must take up additional courses which are
held almost every year. This is why any person wishing to become a real estate agent
in Malaysia must maintain a very high level of work ethic and should be very honest
in every single transaction occurring in Malaysia properties under their provision.
After undertaking all the mentioned formalities any estate agent in Malaysia holds
the right to employ 20 real estate negotiators under his/her assistance. This is to
get help and support in the many day to day works. Any estate agent having such
negotiators must make sure that all these people abide with the strict code of ethics
and business standards while finalizing any deal under the guidance of Board of
Valuers, Appraisers and Estate Agents of Malaysia.
The property market in Malaysia is currently experiencing a rapid growth phase with
no signs of slowing down even in the future. The increased demands of localities and
foreign investors have greatly contributed in this growth. Finding houses in Malaysia
that can help buyers enjoy that dream home feeling has also turned much easier
now. This has happened because of the contribution of many licensed estate agents
in Malaysia who offer services that are reliable, authentic and can surely make any
property transaction a much easier and hassle free task for both the parties involved.
The skill and knowledge of these professionals is pertinent to meet with the
challenges that exist not just today, but may emerge even in the future.
