Comparative Studies of Real Estate Agency Practices and the Way Forward

• Published in: ENVIRONMENT-BEHAVIOUR PROCEEDINGS JOURNAL
• Main Authors: Baharum, Zarita Ahmad; Hwa, Ting Kien; Salleh, Sharuzaman Mohd; Yam, Sharon
• Format: Proceedings Paper
• Language: English
• Published: E-IPH LTD UK 2024
• Subjects: Environmental Sciences & Ecology
• Online Access: https://www-webofscience-com.uitm.idm.oclc.org/wos/woscc/full-record/WOS:001300160600008

Real estate agency practice means acting as an agent for a commission on the sale or acquisition of properties. This profession has been regulated in Malaysia since 1981. It has grown and changed over the years, bringing with it a host of problems and difficulties; hence the way people interact and do business, the fierce competition and technological advancement present additional obstacles. This essay compares the agency practices in Malaysia with Singapore, Indonesia, Australia, and Hong Kong. A desktop study was used. The findings reveal commonalities in the ways that regulatory organisations, registration, and sanctions are implemented.