Entries by BOVAEA

Bonus Agents Raking in Billions

ILLEGAL brokers made an estimated RM38 billion in property transactions in 2014, eating up almost 40 per cent of the earnings that could have otherwise gone to licensed real estate agents. The total transacted value of property in 2014 amounted to RM162 billion, RM97 billion of which was transacted by registered real estate agents and […]

Say No to C.A.M.P. Say No to Illegal Brokers: A Campaign by BOVAEA

SAY NO TO C.A.M.P , SAY NO TO ILLEGAL AGENTS : Six-month awareness campaign unravels new methods of breaking the law. Most of the time we hear about new launching here and there, property market outlook up or down, how to invest in property, how to become a smart investor, where to buy, what to […]

More Unlicensed Agents Engaged to Push Off Properties

KUALA LUMPUR — The slowing real estate market is causing more sellers to engage unlicensed agents to dispose of their properties. The Board of Valuers, Appraisers and Estate Agents Malaysia said a six-month campaign it ran recently showed that even an undisclosed public­listed company was promoting properties for a developer. Read the full story here. This article first appeared on the Malay Mail on 20 January 2016.

Cracking Down on Bogus Agents

Newer threats have emerged in the property market with individuals, investors, business entities and companies becoming illegal property brokers to cash in on new development opportunities. With technological advancements such as mobile phone applications, website portals and social media, unregistered real estate negotiators (RENs) have been running rampant against the law to make a fast […]

New Age Media Used to Market Properties Illegally

KUALA LUMPUR (Jan 20): Illegal property brokers and marketing companies are turning to new age media such as websites and applications to encourage landlords to use their services instead of real estate agents, said the Board of Valuers, Appraisers, and Estate Agents Malaysia (BOVAEA). Read the full article here. This article first appeared on theedgeproperty.com […]

Opportunities in a Slow Property Market

Consultants see properties as long-term investments. PREDICTIONS are never easy. But unlike stocks, property investments have always been viewed as a longer term investment. There is, therefore, the tendency for trends from the previous year to carry forward to the next. This being the second week of the new year, most of us would have […]