{"id":8181,"date":"2023-07-25T10:19:49","date_gmt":"2023-07-25T02:19:49","guid":{"rendered":"http:\/\/www.imoney.my\/articles\/?p=8181"},"modified":"2023-07-25T23:49:48","modified_gmt":"2023-07-25T15:49:48","slug":"5-things-property-agent","status":"publish","type":"post","link":"https:\/\/www.imoney.my\/articles\/5-things-property-agent","title":{"rendered":"5 Things You Need To Know About Engaging A Property Agent"},"content":{"rendered":"

For a vast majority of Malaysians, buying or selling a home will be the biggest financial transaction they\u2019ll undertake. However, due to its infrequent nature, most are left clueless as to the process involved which is why property agents are sought after.<\/p>\n

Most people form impressions of their property agents through word-of-mouth, movies, TV shows and commercials because they simply don’t interact with them often enough to gain an informed opinion.<\/p>\n

Real estate is a complicated business and is considered a major pillar of the global economy, yet so few people understand it. If you are planning to dispose of your property due to higher demand for properties, do you know what you\u2019re in for?<\/p>\n

To give you a better picture of dealing with property agents in Malaysia, here is a list of things that your agent may not be telling you (but you should know):<\/p>\n

<\/span>1. Real estate negotiators are not real estate agents<\/b><\/span><\/h2>\n

Most Malaysians assume both are the same, as they both seem to be doing the same job. In reality, they are both different professions.<\/p>\n

Real estate agents must possess a certain level of experience, knowledge and education before being granted a license by the Board of Valuers, Appraisers and Estate Agents<\/a>. A real estate negotiator on the other hand, is not required to.<\/p>\n

To maintain their estate agent license, all licensed real estate agent must take additional continuing education courses yearly above and beyond that which is already required.<\/p>\n

Usually a real estate agent will have a few negotiators to help service their clients, but it is always best to ensure that you deal with an agent.<\/p>\n

<\/span>2. Engaging an agent is similar to hiring someone<\/b><\/span><\/h2>\n

A good property agent will help you set the right price, market the home professionally, qualify the buyers and expertly negotiate and finalise the deal. Hence, the role of an agent is extremely important to successfully sell your property.<\/p>\n

Just like you would when you hire someone to work for you, engaging a real estate agent will require some form of background check and an interview. Some of the important aspects to look into when it comes to potential agents are:<\/p>\n