How To Become a Registered Real Estate Agent

How to Become a Registered Real Estate Agent with the Board of Valuers, Appraisers and Estate Agents Malaysia?

by Real Estate Examination and Course

Obtain your license to practice in three easy steps:

  • Step 1 :
    Obtain a pass in all six subjects in an examination set by the Board of Valuers, Appraisers and Estate Agents Malaysia.
  • Step 2 :
    After passing all the six subjects in Part 1, candidates will be allowed to sit for the Part 2 of the examinations set by the Board of Valuers, Appraisers and Estate Agents Malaysia.
  • Step 3 :
    After passing the two written examinations, a post qualifying practical experience of two years with a registered estate agency is necessary before being eligible to apply for the Test of Professional Competence. After passing this test the candidate will be qualified as an estate agent and can be registered to practice.

Entry Requirements

  • A candidate must possess the following minimum entry requirements set by the Board of Valuers, Appraisers and Estate Agents Malaysia.

Diploma in Real Estate (Part 1)

  • Open to ONLY Malaysian Citizens.
  • 17 years of age and above.
  • MCE/SPM with at least 3 credits and 2 passes.
  • Credits should be in either in Mathematics, Science, Accounting or Commerce.

Diploma in Real Estate (Part 2)

  • Candidates must show proof that they have passed all subjects in Part 1 of the examinations set by the Board of Valuers, Appraisers and Estate Agents Malaysia.

Diploma in Real Estate (Part 1)

  • Principles of Accounting
    Detailed and in-depth studies of the whole accounting process, essential to the day to day operations of the Real Estate Agency Practice
  • Principles of Economics
    An introduction to Economics; solutions and theories by learning and understanding both Macro and Microeconomics concepts.
  • Principles and Practices of Marketing
    Applications and practices of marketing research, tools, behaviors, and current marketing trends. Learn how current market leaders capture new markets and grow with existing.
  • Building Technology 1
    Study of structural and architectural of building functions and materials used. How modern buildings have evolved thru times.
  • Introduction of Law
    Understanding of application of the law in today’s Real Estate Agency Practice essential to sales and purchase of dwellings inclusive of contracts and agency.
  • Property Taxation
    Covers the taxation on properties based on Malaysian laws and how the legislative works.

Diploma in Real Estate (Part 2)

  • Building Technology 2
    A more detailed study of the construction industry and understanding of what it takes to build today’s modern buildings.
  • Estate Agency Laws
    A study of the key regulatory factors such as The Valuers, Appraisers and Estate Agents Act 1981(Act 242), The Rules, The Guidelines and Practices Standard which are the foundation upon which the real estate profession practices.
  • Property Law
    An in-depth study of regulations and guidelines relating to the sale, purchase, rent, lease of property in Malaysia, the right and powers of State Authority, disposal of land, conditions and restrictions in interest & practice.
  • Real Estate Agency Practices
    Understanding of the real estate profession, the types of listing, where to get them, the role of an estate agents and the management of a real estate agency practice.
  • Principles of Valuation
    A detailed understanding of the types of landed properties and market value, supply and demand economics of landed properties, property investment and methods of valuation.
  • Land Economics
    Application of the relationship of people to the utilization and distribution of land and creation of real estate products and application of the techniques of economic analysis to solving economic problems.

Passing Requirements

  • Students must attend minimum 90% of all classes conducted.
  • Students will be assessed based on grades from class participation, written assignments and exams.
  • Students are encouraged to take all or at the least 2 of the 6 subjects in the respective parts at one exam sitting. Credits are given for the subjects passed and which shall lapse at the end of the third year.
  • A pass in all six subjects in Part 1 of the examination’s set by the Board of Valuers, Appraisers and Estate Agents Malaysia, makes the candidates eligible for Part 2 of the examinations.
  • Students must take the Part 2 examinations not later than 5 years after passing all the subjects in Part 1 of the examinations.
  • Students that have passed all 6 subjects in the Part 2 make the candidates eligible for the Test of Professional Competence.
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