FAQ

FAQ

Most frequent questions and answers

Yes, you can study the BOVAEP Estate Agent Examination Course on a part-time basis. DEGOODE®, we provide weekend classes to suit your busy schedule. Call us at 06-336 6373  to find out more.

In Malaysia, there are several pathways to become a Real Estate Agent. You can either follow the academic path, i.e. getting a university degree or college diploma qualification recognised by the Board of Valuers, Appraisers, Estate Agents and Property Managers Malaysia (BOVAEP) or you can take the professional examinations path, i.e. passing the professional examinations recognised by BOVAEP.

Once you have obtained the the right qualification, you need to register as a Probationary Estate Agent and pass the Test of Professional Competence (TPC). The Test of Professional Competence consists of your Working Diary, Task 1, Task 2 and the Record of Experience. There will be a final TPC interview before you are granted an Authority to Practice as Estate Agent. You will receive your Real Estate Agent License after completing these steps.

Do call us at 06-366 6373 to find out more.

The passing mark for each paper is 50. You will need to pass all six Part 1 papers before you can proceed to take the Part 2 papers. Once you have passed the six Part 2 papers, you are deemed to have passed the BOVAEP Estate Agent Examination.

Candidates may complete the course within two (2) years under the current syllabus and take up to seven (7) years to complete it.

Candidates are given up to 3 attempts within 3 years to complete the  BOVAEP Part 1 Estate Agent Examination, and up to 3 attempts within 4 years to complete the BOVAEP Part 2 Estate Agent Examination.

BOVAEP has stated that the minimum entry requirements for the BOVAEP Estate Agent Examination are:

  • 5 passes in SPM or equivalent qualification
  • 3 credits, with at least one of the credits in Mathematics, Science, Accounts or Commerce
  • A pass in Bahasa Malaysia is compulsory

Candidates with other qualifications will need to check and enquire with BOVAEP before they are allowed to take the Estate Agent Examinations.

Upon passing the BOVAEP Estate Agent Examination, you will be awarded a Diploma in Estate Agency by the Board of Valuers, Appraisers, Estate Agents and Property Managers Malaysia (BOVAEP). There will be a convocation held for the award ceremony.

If you were to undertake a Diploma in Real Estate from a local college, it means that you will be following the college’s syllabus, subjected to assignments and internal examinations. Normally, students will have to go through a 3 year program to graduate.

On the other hand, BOVAEP Estate Agent Examination is a professional examination meant for working adults who do not have a degree or diploma in real estate recognised by BOVAEP. The Estate Agent Examination is 100% written examination and there are no assignments. At the moment, the examinations are conducted once a year only, normally in the month of August. If you missed the examinations, you will have to wait for the following year.

There are two parts to the BOVAEP Estate Agent Examination, i.e Part 1 and Part 2, each having six (6) subjects.

For Part 1, the subjects are:

  1. Principles of Accounting
  2. Introduction to Law
  3. Principles of Economics
  4. Property Taxation
  5. Principles and Practice of Marketing
  6. Building Technology 1


For Part 2, the subjects are:

  1. Land Economics
  2. Estate Agency Law
  3. Principles of Valuation
  4. Law Relating to Property
  5. Estate Agency Practice
  6. Building Technology 2

The Diploma in Estate Agency is awarded by the Board of Valuers, Appraisers, Estate Agents and Property Managers Malaysia. They are also responsible for preparing the Estate Agency Diploma Examinations. At DEGOODE®, we assist students to excel in this exam by providing live lectures & tutorials, comprehensive study materials, past years exam questions and suggested answers.

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 50 negotiators to work under his or her supervision. Individuals who wish to practice without a license 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.

FAQ

Most frequent questions and answers

A Real Estate Negotiator (REN) cannot setup a Real Estate Agency after attending the NCC course. Only Registered Estate Agents can setup a Real Estate Agency in Malaysia. RENs are supposed to work under the direct supervision of a Real Estate Agent.

Yes you can. The NCC Certificate of Attendance is valid for 1 year. You can join any Real Estate Agency within 1 year from the date of issuance of the certificate.

It is mandatory for all real estate negotiators to wear the REN tag during the course of doing business and it cannot be replaced with any company/firm’s name tag. It is an offence for someone to imitate and produce something similar to a BOVAEP REN Tag.

Yes, you have to renew your REN Tag every year by attending any BOVAEP approved CDP courses. Please refer to BOVAEP website for the list of approved CDP Course Providers.

You can verify your REN details by scanning the QR code on the REN Tag, which will show all your information including photograph. You can also search at www.lppeh.gov.my under Negotiator Search. Alternatively, you can call BOVAEA during office hours at 03-22888815/16/17.

Upon successful submission of your REN application to BOVAEP, BOVAEP will take 7 – 14 working days to issue the REN Tag.

The course fee is RM600.00 nett and the fee includes the NCC Certificate of Attendance, NCC course materials, lunches & tea breaks.

Any foreigner who wishes to work as a Real Estate Negotiator in Malaysia is required to obtain a work permit from the Immigration Department and only then will BOVAEP consider, approve and issue a REN Tag.

It is compulsory for you to attend both days of the NCC Course. If you are absent for one day, you will have to replace the day you are absent in order for you to be awarded the NCC Certificate of Attendance.

A REN Tag is an identification tag issued by the Board of Valuers, Appraisers, Estate Agents & Property Managers to a Real Estate Negotiator (REN). It contains information including name, photo, IC number, REN number, firm name, firm registration number, Quick Respond code (QR) and security features.

It’s mandatory that the REN tag be worn by the REN at all times during their conduct of business so that the public will be aware that they are dealing with bona fide negotiators.

If you are caught making unlawful representation of sellers and buyers in a property transaction, it can result in a conviction of RM300,000 FINE or 3 YEARS IMPRISONMENT or BOTH.

To become a Registered Real Estate Negotiator, you must attend a 2-day NCC class in order to get the NCC Certificate of Attendance from BOVAEP.

Next, you will need to get your Real Estate Agency to make an application to BOVAEP with the following documents:-

  1. REN Application Form
  2. IC size photo with white background
  3. Photocopy of IC
  4. Employment letter from Real Estate Agency
  5. Photocopy of NCC Certificate of Attendance

If you want to become a real estate negotiator, you must attend the 2-day Negotiator Certification Course before you can join any real estate agency and be registered with the Board. Upon the completion of the course, you will receive a Certificate of Attendance from BOVAEP. With this certificate, you will be able to join any real estate agency and that agency will register you with the Board.

With effect from 1st June 2014, all real estate negotiators must be certified and registered with the Board of Valuers, Appraisers, Estate Agents and Property Managers (BOVAEP). This is in accordance to the Board’s circular 4/2013 issued on 26th September 2013. It is against the law to practice or carry on any real estate related business and transactions without being first registered with BOVAEP.