You need to register for the Real Estate Agents Examinations set by the Board of Valuers, Appraisers and Estate Agents Malaysia (LPPEH) before you can be a Real Estate Agent. You must obtain a pass in all 12 subjects of the exam. Next, you need to register as a probationary estate agent and pass the Test of Professional Competence. You will receive your real estate licence after completing these steps.
In Malaysia, the law requires every Real Estate Agency to be run by a Licensed Estate Agent. It is a recognition by the Board that the individual’s knowledge and skills have reached a professional level. Licence holders may setup their own agencies and receive full compensation for their own transactions too. Each Licensed Estate Agent may recruit up to a maximum of 30 negotiators to work under his or her supervision. Individuals who wish to practice without a licence may join a real estate agency as a real estate negotiator. They however will be required to pay a significant portion of their professional fees to the agency. They are also not allowed to recruit personnel.
Candidates may complete the course within two (2) years under the current syllabus and take up to seven (7) years to complete it.
The diploma is awarded by the Board of Valuers, Appraisers, and Estate Agents in Malaysia. They are also responsible for preparing the Real Estate Agency Diploma Examinations. At Excel Academy, we assist students to excel in this exam by providing lectures, past years Q&A and study materials.
Yes, you can study the Estate Agency Course on a part-time basis as we provide weekend and weekday classes to suit your busy schedule.