Hire registered real estate agents to assist in such transactions to avoid being cheated by illegal brokers, it says.
First-time property buyers and renters who are unfamiliar with real estate transactions should consider engaging the services of a registered estate agent or negotiator.
In a statement, Miea president, Lim Boon Ping, said the association’s first-ever public awareness campaign called #MYREALAGENTS is aimed at informing buyers and renters about the importance of choosing registered agents or negotiators, and how they can protect themselves from losses.
Next, get information from the Valuation and Property Services Department on the value of the property, understand the role of your agent, determine the type of appointment and what you will be charged.
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