Real Estate Agents Lose 40

Real Estate Agents Lose 40% Sales to the Bogus Every Year

The Malaysian Institute of Estate Agents (MIEA) estimates that bogus agents have caused registered real estate agents to lose as much as 40% in sales last year, or about RM40 billion of the RM100 billion worth of property transactions that were carried out by “real estate agents” that year.

This article first appeared in the The Edge Financial Daily on 14 July 2015. Click on the image below for the full article.

Real Estate Agents Lose 40

BOVAEA

BOVAEA

Board of Valuers, Appraisers and Estate Agents Malaysia was set up in 1981 under the purview of the Ministry of Finance, Malaysia. The setup and operation of this Board is governed by the provision of Valuers, Appraisers and Estate Agents Act 1981. Its primary function is to regulate the Valuers, Appraisers and Estate Agents practising in Malaysia.
BOVAEA