5 steps to qualifying as a real estate agent in Malaysia
Becoming a real estate agent in Malaysia is an appealing career option, but it can be difficult to know where to start. Here are the requirements and the differences between real estate agents and real estate negotiators in Malaysia.
1. Education and training
There are no specific educational requirements for becoming a real estate agent or negotiator. However, to qualify as a real estate agent, you'll need to obtain a licence from the Board of Valuers, Appraisers, Estate Agents and Property Managers (BOVAEAP). To be eligible for the license, you'll have to complete the required training and pass a qualifying exam.
2. Qualifications and certifications
While no formal qualifications are required, there are still certain certifications that can help you stand out in the industry. One option is to complete a diploma or degree programme in real estate, property management, or a related field. Another option is to complete a BOVAEAP-approved training programme and gain work experience in the industry.
3. Differences between real estate agents and negotiators
In Malaysia, the terms "real estate agent" and "real estate negotiator" are often used interchangeably, but there are differences between the two. Real estate agents are typically self-employed or work for a real estate agency, while negotiators may work as employees of a developer, agency, or brokerage firm. Additionally, real estate agents have a wider range of responsibilities, including marketing properties, negotiating deals, and providing advice to clients. Read More…
