Real Estate Malaysia - The Board of Valuers, Appraisers and Estate Agents Malaysia

Found this website of The Board of Valuers, Appraisers and Estate Agents Malaysia :
website

Quite a useful website to know more about Valuers, Appraisers and Estate Agents.

The Board of Valuers, Appraisers and Estate Agents Malaysia, under Ministry of Finance, Malaysia, is regulating the Valuers, Appraisers and Estate Agents practising in Malaysia.

Valuers, Appraisers and Estate Agents in Malaysia are governed under Valuers, Appraisers and Estate Agents Act 1981.

Some highlights from the website:
1. Qualifications
We can know what are the academic qualifications, professional qualifications and test of professional competence for registration as a Valuer or an Estate Agent.
Maybe we can search further to find out the body of knowledge to be a Valuer or an Estate Agent.

2. Fees
We can find out how much are the fees for valuation services, property management and estate agency, at least we can know whether we are overcharged.

3. Code of conduct
Great. Can find what are not allowed on Valuers, Appraisers and Estate Agents.

4. Search
Good to confirm whether your Valuer, Appraiser and Estate Agent hired are a legally registered one.

5. Role/Role of Negotiator
We can learn what are the roles of Appraisers, Estate Agents and Property Management and Negotiator.
It also shows current number of firms, registered members & probationary members.

6. Publications
A number of publications listed, with their price.
Most are not expensive. Of interest is "Malaysian Valuation Standards" (RM15).
Will this teach us "how to evaluate real estate in M’sia" ?

Note:
Do check out my other posts on
Malaysia investment and real estate.
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Disclaimer

Disclaimer:
The opinion post on this blog is personal and is not an inducement to buy or sell any investment products. The author of this blog will NOT be held responsible for any losses incurred due to the reliance on any content of this blog for investment decisions.