Category: Real Estate Agents
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Illegal agents rising? Blame all please.
Reported in propertyguru.com.my today, according to the The Board of Valuers, Appraisers and Estate Agents Malaysia (BOVAEA), the number of cases due to illegal real estate brokers are increasing and it will continue to increase if there are no solutions forthcoming. The Board said that it will work with the relevant government agencies to trace…
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Better property ads – Some little tips.
This article is aimed at property agents who kept cutting and pasting descriptions of the property they sell every time, every hour, every advertisement. I read way too many and is now too numb to make any decision. Instead of 100 look-alike postings hoping that someone will call, why not post 10 very good ones…
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How agents can be better agents (Real Estate Negotiators)
I received an SMS from a Real Estate Negotiator (REN) recently. She asked if one of my condo units were available for sale. I told her I have already sold it earlier but I would love to know if there are any apartment / condominiums that I can buy for RM250,000. She SMSed me a…
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Kiss your sales goodbye
Have you ever been to any developer’s showroom and the sales people ignored you? Perhaps it was because the said property is within the luxury segment while you were wearing a ‘I love Melaka’ T-shirt, wearing a bermuda short and slippers? Perhaps because the sales people did not see you? Perhaps they were too busy…
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Another caught, when is Malaysia’s turn?
Another real estate agent in Singapore got caught for cheating. Somehow, it’s either they are taking it more seriously, their enforcement is better or their cases got reported while in Malaysia, we have no space for these kind of news? I think majority would say they are more serious and their enforcement are much better.…
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Real Estate Negotiator fined S$27,000 for sending unsolicited telemarketing.
How many of us have been called on a weekly basis by some sales persons asking us to take up personal loans? What about insurance? I receive these calls on a weekly basis and most of the time I just say no thanks. Well in Singapore, it does not end with a ‘no thanks’. Due…
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We need to prosecute the first one, or it will continue.
Singapore agents are offering their services here and it is ILLEGAL. According to the Malaysian Institute of Estate Agents Johor branch chairman, S. Vadeveloo. I do not think this is a new news. When I was in my previous company, this was already an issue but alas, no concrete actions were taken. I also think…
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Property Buyer beware. Easier to identify real from fake now.
We always hear of agents who are unprofessional. Some took the money and disappeared. My friend Mr. Michael Geh who’s the Senior Partner of Raine & Horne said, ‘to avoid situations where the agent runs away with your money, you should issue the cheque to the agency name instead of the individual’s name’. The reason…
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Unlicensed agent, Unprotected owner, RM300,000 fine to media.
Unlicensed agents, especially the illegal brokers operating everywhere in Malaysia today should be aware that a fine of up to RM300,000 awaits them if they are caught. This is a warning from the past Malaysian Institute of Estate Agents (MIEA) national president Nixon Paul. According to him, the problems of illegal agents are not happening…
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Good news for real estate agents, one unlicensed one arrested.
Okay, the arrested one was not in Malaysia but it is ok, just spread this news as wide as possible. In Singapore, one person by the name of Tan Yang Po was charged by The Council for Estate Agencies (CEA) for allegedly acting as an estate agent without being licensed by the CEA. Tan is the first…
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A really good real estate agent should…
I have worked with and amongst many real estate agents. Exceptional ones, good ones and not up to par ones. Actually real estate agent are supposed to be professionals in their own field. That’s the reason why they get agent fee. Many people buying for the first time would deal with a real estate agent…