Why You Should Only Trust Registered Realtors for Property Deals in Malaysia

In Malaysia, the importance of dealing with a reliable, registered real estate agent cannot be overstated, as it ensures both safety and legality in property transactions. Under the Valuers, Appraisers, Estate Agents and Property Managers Act 1981 (Act 242), only registered estate agents who have been granted the authority to practice can legally offer property-related services. Dealing with unregistered agents can lead to complications such as fraud, misinformation, or legal disputes, which could cost you time, money, or even your investment.

Registered estate agents are held to high standards of professionalism, accountability, and ethics. They undergo thorough training and meet stringent qualifications set by the Board of Valuers, Appraisers, Estate Agents, and Property Managers. Their actions are closely monitored, ensuring that they provide honest advice, transparent pricing, and reliable market insights. These agents also have indemnity insurance, providing you with an added layer of protection in case of any disputes or losses during the transaction process.

Moreover, the Act restricts individuals without proper registration from performing estate agency tasks such as negotiating sales, purchases, or leases of property. This is critical for maintaining the integrity and professionalism of the property market in Malaysia. In the event of any misconduct, registered agents face penalties such as fines, suspensions, or removal from the Register, offering you peace of mind that you are dealing with a credible expert.

Don't risk your property investment—always verify your realtor's credentials and ensure they are registered under Act 242 before engaging in any transaction.

About Author: Ooh Pei Hoon is a leading real estate expert (REN02077) in Penang, known for her deep knowledge of the local property market. With 10+ years of experience, she has helped countless clients buy, sell, and invest in properties, always delivering exceptional results with a client-first approach.