Real Estate Negotiators
Subject to Registration
Exercise
Malaysian real estate
negotiators will now be
subject to a nationwide
registration exercise
implemented by the
Board of Valuers,
Appraisers and Estate
Agents.
In a joint conference
organised by the
Malaysian Institute of
Estate Agents (MIEA),
the Royal Institution
of Surveyors Malaysia
(RISM) and Association
of Valuers, Property
Managers, Estate
Agents and Property
Consultants in the
Private Sector, Malaysia
(PEPS) , MIEA president
Siva Shanker said
that the rationale of
the exercise, among
others, was to enhance
professionalism in the
real estate industry.
To date, only real estate
agents are required
to be registered with
the Board of Valuers.
Under this exercise, real
estate negotiators need
to attend a one-day
training programme run
by MIEA, RISM and PEPS
to obtain a certificate of
attendance which will
then enable them to
register via a registered
real estate agent.
The registration exercise,
which began last month,
is expected to end on
31 Jan 2014. Upon
registration, negotiators
will receive a tag, which
they are required to
display at all times
STOPS Calls for Adoption of Strata Management Act
during their conduct of
business starting 1 Apr
2014.
PEPS president Lim
Lian Hong said that the
exercise is to ensure
good gover