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A real estate negotiator is a professional who acts as a mediator between buyers and sellers of properties. In Kuala Lumpur, the real estate industry is thriving, and the demand for real estate negotiators is increasing. In this article, we will provide you with a guide on real estate negotiators in Kuala Lumpur, including the benefits and job scopes of a real estate negotiator.
Benefits of a Real Estate Negotiator in Kuala Lumpur
A real estate negotiator can provide various benefits to buyers and sellers of properties in Kuala Lumpur, including:
- Expertise: A real estate negotiator has the expertise and knowledge of the real estate market in Kuala Lumpur, including current trends and pricing.
- Time-saving: A real estate negotiator can save time for both buyers and sellers by handling negotiations and paperwork.
- Negotiation skills: A real estate negotiator has negotiation skills that can help buyers and sellers to get the best deal.
- Access to networks: A real estate negotiator has access to a network of buyers and sellers, which can help buyers and sellers to find the right property.
Job Scopes of a Real Estate Negotiator in Kuala Lumpur
A real estate negotiator in Kuala Lumpur has various job scopes, including:
- Prospecting: A real estate negotiator needs to prospect for potential buyers and sellers of properties in Kuala Lumpur.
- Negotiation: A real estate negotiator needs to negotiate with buyers and sellers to ensure that both parties get the best deal.
- Market analysis: A real estate negotiator needs to conduct market analysis to determine the value of properties in Kuala Lumpur.
- Closing deals: A real estate negotiator needs to handle the paperwork and closing of deals between buyers and sellers.
How to Become a Real Estate Negotiator in Kuala Lumpur
- Complete the real estate course: You need to complete a real estate course approved by the Board of Valuers, Appraisers, and Estate Agents Malaysia (BOVAEA).
- Pass the BOVAEA exam: After completing the real estate course, you need to pass the BOVAEA exam to become a registered real estate negotiator.
- Join a real estate agency: To start your career as a real estate negotiator, you need to join a real estate agency that is registered with BOVAEA.
- Gain experience: Gain experience in the real estate industry by handling negotiations and closing deals.
- Continue education: To maintain your registration as a real estate negotiator, you need to continue your education by attending courses approved by BOVAEA.
Conclusion
A real estate negotiator is a professional who acts as a mediator between buyers and sellers of properties. In Kuala Lumpur, the demand for real estate negotiators is increasing, and the industry is thriving. A real estate negotiator can provide various benefits, including expertise, time-saving, negotiation skills, and access to networks. The job scopes of a real estate negotiator include prospecting, negotiation, market analysis, and closing deals. To become a real estate negotiator in Kuala Lumpur, you need to complete a real estate course, pass the BOVAEA exam, join a real estate agency, gain experience, and continue education. By following these steps, you can start your career as a real estate negotiator in Kuala Lumpur.