THE PARADOX OF THE REN: A LOOK AT REAL ESTATE NEGOTIATOR (REN) PRACTICES IN MALAYSIA
This paper explores the findings of a focus group discussion held to examine the current state of Real Estate Negotiator (REN) practice in Malaysia. RENs, acting as representatives of estate agencies, play a crucial role in facilitating property transactions. However, the discussion revealed signifi...
| Published in: | Planning Malaysia |
|---|---|
| Main Author: | |
| Format: | Article |
| Language: | English |
| Published: |
Malaysian Institute Of Planners
2024
|
| Online Access: | https://www.scopus.com/inward/record.uri?eid=2-s2.0-85196087507&doi=10.21837%2fpm.v22i31.1460&partnerID=40&md5=8aeacd9ec14d46d64007ef69d375acba |
| id |
2-s2.0-85196087507 |
|---|---|
| spelling |
2-s2.0-85196087507 Hwa T.K.; Baharum Z.A. THE PARADOX OF THE REN: A LOOK AT REAL ESTATE NEGOTIATOR (REN) PRACTICES IN MALAYSIA 2024 Planning Malaysia 22 2 10.21837/pm.v22i31.1460 https://www.scopus.com/inward/record.uri?eid=2-s2.0-85196087507&doi=10.21837%2fpm.v22i31.1460&partnerID=40&md5=8aeacd9ec14d46d64007ef69d375acba This paper explores the findings of a focus group discussion held to examine the current state of Real Estate Negotiator (REN) practice in Malaysia. RENs, acting as representatives of estate agencies, play a crucial role in facilitating property transactions. However, the discussion revealed significant ambiguities surrounding their responsibilities, ethical considerations, and the efficacy of the REN Tag system. Participants recounted instances of misrepresentation of property details, inflated rental/prices, and deceptive marketing activities. This highlighted the need for stronger measures to promote ethical conduct within the profession, including awareness campaigns, stricter disciplinary measures, and a robust complaint mechanism. © 2024 by MIP. Malaysian Institute Of Planners 16756215 English Article |
| author |
Hwa T.K.; Baharum Z.A. |
| spellingShingle |
Hwa T.K.; Baharum Z.A. THE PARADOX OF THE REN: A LOOK AT REAL ESTATE NEGOTIATOR (REN) PRACTICES IN MALAYSIA |
| author_facet |
Hwa T.K.; Baharum Z.A. |
| author_sort |
Hwa T.K.; Baharum Z.A. |
| title |
THE PARADOX OF THE REN: A LOOK AT REAL ESTATE NEGOTIATOR (REN) PRACTICES IN MALAYSIA |
| title_short |
THE PARADOX OF THE REN: A LOOK AT REAL ESTATE NEGOTIATOR (REN) PRACTICES IN MALAYSIA |
| title_full |
THE PARADOX OF THE REN: A LOOK AT REAL ESTATE NEGOTIATOR (REN) PRACTICES IN MALAYSIA |
| title_fullStr |
THE PARADOX OF THE REN: A LOOK AT REAL ESTATE NEGOTIATOR (REN) PRACTICES IN MALAYSIA |
| title_full_unstemmed |
THE PARADOX OF THE REN: A LOOK AT REAL ESTATE NEGOTIATOR (REN) PRACTICES IN MALAYSIA |
| title_sort |
THE PARADOX OF THE REN: A LOOK AT REAL ESTATE NEGOTIATOR (REN) PRACTICES IN MALAYSIA |
| publishDate |
2024 |
| container_title |
Planning Malaysia |
| container_volume |
22 |
| container_issue |
2 |
| doi_str_mv |
10.21837/pm.v22i31.1460 |
| url |
https://www.scopus.com/inward/record.uri?eid=2-s2.0-85196087507&doi=10.21837%2fpm.v22i31.1460&partnerID=40&md5=8aeacd9ec14d46d64007ef69d375acba |
| description |
This paper explores the findings of a focus group discussion held to examine the current state of Real Estate Negotiator (REN) practice in Malaysia. RENs, acting as representatives of estate agencies, play a crucial role in facilitating property transactions. However, the discussion revealed significant ambiguities surrounding their responsibilities, ethical considerations, and the efficacy of the REN Tag system. Participants recounted instances of misrepresentation of property details, inflated rental/prices, and deceptive marketing activities. This highlighted the need for stronger measures to promote ethical conduct within the profession, including awareness campaigns, stricter disciplinary measures, and a robust complaint mechanism. © 2024 by MIP. |
| publisher |
Malaysian Institute Of Planners |
| issn |
16756215 |
| language |
English |
| format |
Article |
| accesstype |
|
| record_format |
scopus |
| collection |
Scopus |
| _version_ |
1809678012401057792 |