• Requirements and differences between ‘agents’ and ‘negotiators’ explained

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.

4. How to qualify as a real estate agent

There are a few paths you can take to meet BOVAEAP's requirements for becoming a licensed real estate agent. One option is to complete a diploma or degree programme in real estate or a related field. Another option is to complete a BOVAEA-approved training programme and gain a certain amount of work experience in the industry. Once you've met the qualifications, you can apply for your real estate agent licence and start work in the industry.

5. Skills and traits needed to succeed as a real estate agent

You'll need more than just the right qualifications. Strong communication skills, a good understanding of the local property market (including laws and regulations!), and a willingness to work hard to build your business are all essential. Additionally, you'll need to be able to handle rejection while having the ability to close deals effectively.

Reach for the sky!

Becoming a real estate agent in Malaysia is a rewarding career choice that can offer many opportunities for growth and success. But there are no shortcuts.

Know what you want, do your research on leaders or the mentorship you are seeking when starting out as a probationary agent. With the right preparation and dedication, you can succeed in this exciting and rewarding industry.

Glean some insights into the field from our PRO agents and their stories:

From actor to a realtor

Brain aneurysm doesn’t stop her from being a realtor

The high and low life of a realtor

How real estate turned his life around

If you are a real estate professional, you can join our network as a PRO agent to market your properties and reach thousands of serious homebuyers.

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