BOVAEA 2-Day Negotiator Certification Course Conducted at Excel Academy

As of May 2014, BOVAEA (Board of Valuers, Appraisers & Estate Agents Malaysia) has decided to standardise the 2 days course module for the negotiator certification exercise. Negotiators are required to register with the Board to conduct real estate transactions. This is part of the effort by the board to improve the professionalism of the industry and to weed out illegal brokers.

At Excel Academy, we conduct the BOVAEA 2-Days Negotiator Certification Course throughout the year. The course is facilitated by Ms Leong Sook Ping, a Registered Estate Agent with BOVAEA.

For the 2-days, Ms Leong Sook Ping will be covering the following topics:

• Part 1 - Overview of the Real Estate Industry
• Part 2 - Registration of Negotiators (RENs)
• Part 3 - Profession in Real Estate
• Part 4 - Understanding the Act & the Rules
• Part 5 - Law Relating to Property
• Part 6 - Malaysian Estate Agency Standards

Excel Academy will be conducting the course on the following dates in 2016:

• 19 & 20 January 2016
• 23 & 24 February 2016
• 22 & 23 March 2016
• 19 & 20 April 2016
• 14 & 15 June 2016

If you are keen to become a Real Estate Negotiator, do attend our 2-Day Negotiator Certification Course! 

Click here to register or call us at 03-56222003!

Below are photos from our past courses.

Special Preview for Diploma in Real Estate Course by Ms Leong Sook Ping

Attend our Special Preview for the Diploma in Real Estate Course by Ms Leong Sook Ping on 6th December 2015 from 11am to 1pm at Excel Academy.

Attendees who enrol for our course on the same day will be entitled to special rates!

Call us at 03-56222003 or email us at info@excelacademy.my to reserve a seat!

Visit Our Open Days in November

Excel Academy's next intake for the Diploma in Real Estate course will be on 9 January 2016. Students have the flexibility to take the Board exams in May or October 2016.

If you are interested to find out more about the benefits of obtaining the Diploma in Real Estate, come visit us this month on our Open Days.

Our Open Days are on Saturdays in the month of November 2015 from 9am to 5pm.

• 7 November 
• 14 November
• 21 November 
• 28 November

We are also offering FREE TRIAL CLASS for those who are interested to join the course. 

Call us at 03-56222003 for more details.

Excel Academy's Online Store Is Now Launched!

For those who can't attend our Diploma in Real Estate classes, you can now purchase study materials directly from our online store. The online store is currently offering:

• Past Year Examination Questions
• Suggested Answers for Past Year Examination Questions
• Exam Guidelines

Do check out our online store at the following URL: http://store.excelacademy.my

On-going Enrolment for Diploma in Real Estate Course

Do you know what are the BENEFITS of getting a Real Estate Agent License in Malaysia? 

It is one of the few qualifications that allow you to be your own BOSS and start your OWN BUSINESS

Having your own business means FLEXIBLE working hours

And you will have access to the BEST property deals in town 

And the license is valid for LIFE

And BEST OF ALL, the potential of PASSIVE and UNLIMITED INCOME STREAM!

One of the path towards getting the Real Estate Agent License is to take the Estate Agent Examinations conducted by the Board of Valuers, Appraisers and Estate Agents Malaysia or Lembaga Penilai, Pentaksir dan Ejen Harta Tanah Malaysia. (www.lppeh.gov.my)

At Excel Academy, we conduct the Diploma in Real Estate Course to prepare students for the Estate Agent Examinations. Each and every subject is conducted by experienced lecturers who will guide you towards passing the Estate Agent Examinations. Comprehensive course materials, past year questions and suggested answers are provided to assist students in tackling the examinations. If you are interested to find out more, kindly call us at 03-56222003 or 017-8562228. 

CPD: Submitting Your GST Returns Correctly by Ms Wendy Tee

Goods and Services Tax, takes effect from 1^st April 2015, is now chargeable on all taxable goods and services, and on all GST-registered businessmen in Malaysia, except those who are exempted. GST, a consumption tax, is made in multi-stages on all intermediaries in the production and distribution processes. This program is designed for participants to understand and be able to accurately submit the GST return as per the compliance with goods and services tax requirements in Malaysia.

By the end of the program, attendees will be able to:

• Understand the guidelines on valuers, appraisers and real estate agents introduced by Jabatan Kastam Di-Raja Malaysia;
• Understand the guidelines that likely to affect all valuers, appraisers and real estate agents;
• Familiarise and learn about accounting issues on GST; and
• Correctly submit the GST return of your business

If you are interested in the CPD, kindly contact us at 03-56222003 or email us at courses@excelacademy.my.

Diploma In Real Estate Course (Part 1 & Part 2) Is Now Open For Registration

Registration Is Now Open 

For Part 1 & Part 2 Course

Early Bird Discount For Students Registering Before 30 August 2015

Call 03-8562228 or 017-8562228 Today!
You can also register interest on our website

BOVAEA-approved CPD: Using Technology To Increase Your Business Productivity

In this program, the importance of technology for real estate professionals will be explained along with real life examples and solutions.

As a real estate agent, technology can be applied in the different areas of real estate activities, from research to managing listings to scheduling and marketing. This is achieved by using the available technology in the market today.

For example, Google offers several tools and applications, which can assist a real estate agent in his or her daily activities. Most real estate agents are aware of Gmail, but are they familiar with the usage of Google Drive, Google Forms, Google Maps, Google Calendar, etc? Knowing how to use these applications effectively will increase the productivity of real estate professionals.

Hence, the main objective of this course is to introduce the available technology to the real estate professionals and for them to benefit from the usage of these technologies.

Questions will be welcomed, as Speaker encourages an open, interactive approach to learning.

By the end of the program, attendees will be able to:

• Appreciate the importance of technology in the day-to-day activities of a real estate agent or real estate negotiator
• Understand the different areas of real estate activities where technology can be applied
• Know the different technologies and solutions available
• Learn how to use the available technologies effectively to assist in real estate activities

If you are keen to know more about the CPD course, feel free to call us at 03-56222003 or 017-8562228.

You can also visit our website at www.excelacademy.my to find out more about other real estate courses provided.

BOVAEA-approved CPD: Are Malaysian REITS A Worthy Investment Option?

In this program, Professor Sr Dr. Ting will provide an overview of REIT markets in Asia Pacific, specifically the REITs in Malaysia and to analyse if Malaysian REITs should be part of every investor’s portfolio.

The program is designed to provide attendees with an understanding of the Malaysian REITs and their characteristics. The speaker will then analyse the investment-worthiness of Malaysian REITs based on several key factors that will be discussed during the seminar, e.g. income distribution, net yields, withholding taxes and REITs’ performances.

Case studies and real life examples will be used throughout the course to help attendees better understand the topic in discussion.  Questions will be welcomed, the Speaker encourages an open, interactive approach to learning.

By the end of the program, attendees will be able to:

·         Have an overview of REITs in Asia Pacific, specifically in Malaysia

·         Understand the characteristics of REITs in Malaysia

·         Understand the actual total REIT returns i.e. both income and capital returns

·         Decide if Malaysian REITs should be part of every investor’s portfolio

If you are keen to know more about the CPD course, feel free to call us at 03-56222003 or 017-8562228.

You can also visit our website at www.excelacademy.my to find out more about other real estate courses provided.

BOVAEA-approved CPD: Fundamentals of Land Law in Malaysia (5 CPD Hours)

Interested to know more about land laws in Malaysia? You can learn the fundamentals of land law from Mr Patrick Samuel, a very experienced lawyer in this field and gain your CPD hours at the same time!

In the course, Mr Patrick will cover the history and background of Malaysian land law. He will also explain about the Torrens system and the concepts of registration and indefeasibility. He will then cover the different classification, categories and conditions of land use. E.g., what does it mean when the Kegunaan Tanah is stated as Bangunan, Industri or Pertanian, and how do you relate to the Syarat Syarat Nyata and Sekatan Kepentingan as stated in the land title. Finally, he will explain about the different types of titles, how to make title searches and understand issues related to strata titles.

Mr Patrick Samuel encourages an open and interactive approach to learning, hence, questions and answers are welcomed during the session.

Mr Patrick Samuel in action for another CPD course.

If you are keen to know more about the CPD course, feel free to call us at 03-56222003 or 017-8562228.

You can also visit our website at www.excelacademy.my to find out more about other real estate courses provided.

Weekend Intensive Course For LPPEH Estate Agents Examination

Do you need help with preparation for the LPPEH or BOVAEA Estate Agents Examination?

We are pleased to inform you that we are conducting a Weekend Intensive Course for students attempting the Part 1 Examinations in August 2015.

The classes will be conducted on weekends from 6th of June 2015 till 12th July 2015. 

We provide the following for our students:

• Live Lectures & Tutorials

• Full Set of Lecture Materials and Notes

• Past 5 Years Exam Questions, Trend Analysis and Suggested Answers

If you are keen to know more about the course, feel free to call us at 03-56222003 or 017-8562228.

Excel Academy is committed to help you pass your Estate Agents Examination!

*Important Reminder*

Deadline for BOVAEA Estate Agents Examination Registration is this Thursday, 30 April 2015. 

BOVAEA Estate Agents Examination Registration Deadline

According to sources from BOVAEA, the Estate Agents Examination will be held once a year instead of twice year in 2015. The exam will be held in August 2015 and the registration deadline for the examination will be 30 April 2015.

If you are keen to take the BOVAEA Estate Agents Examinations in 2015, kindly obtain the registration form from BOVAEA at the following address:

The Board of Valuers, Appraisers and Estate Agents Malaysia
A-27-15 Level 27,
Menara UOA Bangsar,
No. 5 Jalan Bangsar Utama 1, 
Bangsar,
59000 Kuala Lumpur.

Tel   : 03-2288 8815 / 03-2288 8816 / 03-2288 8817

If you are keen to know more about the courses provided to prepare students for the BOVAEA Estate Agents Examination, feel free to call us at 03-56222003 or 017-8562228.

You can also visit our website at www.excelacademy.my to find out more about real estate courses provided in Malaysia.

Rules & Guidelines To BOVAEA’s Estate Agents Examination

What are the rules and guidelines to take the Estate Agents Examination conducted by BOVAEA or LPPEH? Below is an extract from the Rules & Guidelines to Estate Agents Examination handbook issued by BOVAEA.

Examination Eligibility

• PART 1
  • Candidates must show proof to the satisfaction of BOVAEA that he/she possess not less than a Sijil Pelajaran Malaysia or its equivalent with not less than five (5) subject passes of which at least three (3) shall be credit level passes and at least one (1) of the credit level passes shall be in Mathematics/Science/Accounts/Commerce
• PART 2
  • Candidates must show proof that they have passed PART 1 of the examination

Examination

• The examinations will be held twice a year, in May and October
• The Application Forms for the Estate Agent Examination can be procured from BOVAEA or LPPEH
• The date of the examinations shall be published in at least two local newspapers
• Completed application forms must be submitted to BOVAEA on dates as specified by BOVAEA
• There are six (6) subjects each for PART 1 and PART 2
• A candidate may take all or at least two (2) of the six (6) subjects in the respective part at one sitting and be given credits for the subjects passed which shall lapse at the end of the third year
• A pass in all the six (6) subjects in PART 1 makes the candidate eligible for PART 2. Candidates must take the PART 2 examination not later than five (5) years after passing all the subjects in PART 1 examination
• Candidates will be conferred the Diploma In Estate Agency by BOVAEA once he/she passes all the subjects in PART 2 and he/she will be eligible for the Test of Professional Competence
• Each subject consists of seven (7) or eight (8) questions and candidates will be required to answer 4 questions from the former and five (5) questions from the latter. The format of all the questions will be of a subjective nature and the same comprises of theoretical and problematic questions
• The candidate may answer the Estate Agent Examination questions in Bahasa Malaysia or English Language
• The PASSING MARK for each subject of the Estate Agent Examination shall be 50%

Results

• The Registrar of BOVAEA will notify each and every candidate immediately after the results of the Estate Agent Examination has been decided by BOVAEA
• Any candidate dissatisfied with the marking of his/her answer papers may appeal to BOVAEA within 1 month of notification of the results. The appeal should be submitted together with the fee of RM100.00 per subject, which is non-refundable

Withdrawing From The Examination

• Candidates can withdraw from the Estate Agent Examination at any time but not within four (4) weeks before the said Estate Agent Examination and 50% of their fees will be forfeited
• Candidates withdrawing within four (4) weeks of the Estate Agent Examination will have 100% of their examination fees forfeited
• Candidates absenting themselves from the whole examination will have 100% of their examination fees forfeited unless they can produce Medical Certificate certifying their illness, which renders themselves incapable of sitting for the examination. In these cases, the refund of the fees is at the discretion of BOVAEA
• The examination fees paid cannot be carried forward to a subsequent examination

Fees

• The fees per subject is RM50.00 and the processing fee is RM50.00

General Instructions

• Candidates are to conduct themselves properly at all times since the Examination Centre is made available through the courtesy of the authorities concerned
• Candidates must bring along their identity cards or other forms of identification at all times
• Candidates will be supplied with BOVAEA’s Examination pad for their Answer Script
• Candidates will need to equip themselves with:
  • Pens, pencils, erasers, drawing instruments and calculators (non-programmable)
• Each candidate will be assigned an index number which will be used throughout the examination
• Candidates are, at the end of each paper, permitted to remove the question papers, plans or drawings from the examination room provided answers are NOT required to be written on them
• Smoking is NOT permitted in the Examination Hall
• Candidates should be dressed properly. Candidates wearing Shorts, T-shirts or Slippers will NOT be permitted to enter into the Examination Hall
• Candidates are NOT permitted to bring into Examination Hall their handphones

*Disclaimer: Candidates are recommended to procure a copy of the Rules & Guidelines To Estate Agent Examination from BOVAEA for the latest ruling and guidelines.

If you are keen to know more about the Diploma In Real Estate or Estate Agency, feel free to call us at 03-56222003 or 017-8562228.

You can also visit our website at www.excelacademy.my to find out more about real estate courses provided in Malaysia.

Pathway to Estate Agent License

As you can see, one of the pathway to obtain your Estate Agent License is to take the Estate Agents Examination conducted by BOVAEA or Board of Valuers, Appraisers and Estate Agents in Malaysia.

• Step 1: Study for the Part 1 of Diploma In Real Estate by yourself or through one of the approved training providers by BOVAEA
• Step 2: Take the BOVAEA Part 1 Estate Agents Examinations and obtain a PASS in ALL SIX subjects
• Step 3: Study for the Part 2 of Diploma in Real Estate by yourself or through one of the approved training providers by BOVAEA
• Step 4: Take the BOVAEA Part 2 Estate Agents Examinations and obtain a PASS in ALL SIX subjects. 
• Step 5: Become a Probationary Estate Agent, practicing under a registered estate agency for a minimum period of TWO (2) years
• Step 6: Candidate will be eligible to apply for the Test of Professional Competence after the 2 years post qualifying practical experience
• Step 7: Candidate will be called for an interview by BOVAEA after passing the Test of Professional Competence
• Step 8: After passing the interview, candidate will be qualified as an ESTATE AGENT and can be registered to practice!

If you are keen to know more about the Diploma In Real Estate or Estate Agency, feel free to call us at 03-56222003 or 017-8562228.

You can also visit our website at www.excelacademy.my to find out more about real estate courses provided in Malaysia.

Real Estate Negotiators vs Real Estate Agents

Do you know what is the difference between a Real Estate Negotiator and a Real Estate Agent? In Malaysia, majority of the people refer to a person involved in real estate or property transaction as an agent. But in reality, most of the "agents" out there are not really real estate agents per se. They are merely real estate negotiators working for real estate agents.

The following are characteristics of a Real Estate Negotiator:

• Negotiators are salespersons who are not given explicit recognition in the Act or Rules but are informally recognized by BOVAEA as assistants engaged by estate agents in their practice of estate agency under their immediate direction and supervision
• Hence, negotiators are not authorised to act independently of the estate agency firm and when in doubt members of the public are advised to check with BOVAEA or the estate agency firm concerned.
• Negotiators can only work for one estate agent at any one time and on a full time basis only

And here are characteristics of a Real Estate Agent:

• Real Estate Agents are professionals who act as intermediaries between sellers and buyers of real estate or properties. The estate agent assists buyers to source for properties and market properties for owners.
• In Malaysia, real estate agents may act on behalf of vendor and purchaser and earn a professional fee for each successful transaction he completes be it property sales or rental.
• A Real Estate Agent has an Estate Agency License awarded by the Board, e.g. E2369 and may recruit up to 20 or 30 real estate negotiators to engage in property transactions for his/her firm.

So, I hope you will be able to differentiate between a Real Estate Negotiator and Real Estate Agent moving forward!

Who is BOVAEA or LPPEH?

BOVAEA or Board of Valuers, Appraisers and Estate Agents is the government body that governs and oversees the valuers and estate agency activities in Malaysia.

It was setup in 1981 under the purview of Ministry of Finance, Malaysia and governed by the provision of Valuers, Appraisers and Estate Agent Act 1981.

LPPEH or Lembaga Penilai, Pentaksir dan Ejen Harta Tanah Malaysia is the Bahasa Malaysia equivalent of BOVAEA.

In Malaysia, the key functions of BOVAEA include:

• To keep and maintain the Register of Valuers, Appraisers and Estate Agents, Probationary Valuers and Probationary Estate Agents and firms of Valuers, Appraisers and Estate Agents
• To hold disciplinary proceedings
• To conduct examinations
• To prescribe the Scale of Fees
• To regulate the professional Conduct/Ethics of Valuers, Appraisers and Estate Agents

Diploma In Estate Agency or Diploma in Real Estate Course

Excel Academy is now offering the Diploma in Estate Agency or Diploma in Real Estate Course in Sunway Mentari, Petaling Jaya. The preparatory course will provide assisted learning to students who want to take the Estate Agents Examination conducted by BOVAEA (Board of Valuers, Appraisers and Estate Agents Malaysia). As of 2015, BOVAEA will be conducting the examination twice per year, in May and October.

In order to prepare students in taking the Estate Agents Examination conducted by BOVAEA, Excel Academy recommend students to attend all the lectures conducted by qualified and experienced lecturers. At Excel Academy, we provide students with comprehensive lecture notes for each module, focusing on areas relevant for the Estate Agents Examination. In addition to the lecture notes, we also provide past year examination questions and suggested answers for the past five years. The lecturers will also provide a trend analysis of examination questions for each module, helping students to focus on topics that matter for the Estate Agents Examination.

There are two parts to the Diploma in Estate Agency or Diploma in Real Estate Course, each part having 6 modules each. Students will need to pass all the modules in Part 1 before he/she can proceed with Part 2 examinations.

The modules covered in Part 1 of the Diploma in Estate Agency 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

The modules covered in Part 2 of the Diploma in Estate Agency are:

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

Entry Requirements For The Estate Agents Examination Conducted by BOVAEA

1. Open to Malaysians 17 years of age and above
2. Minimum of SPM/MCE Qualification with passes in 5 subjects where 3 of them should be credit level passes. One of the credit subjects must be either Mathematics, Science, Accounts, Commerce
3. Pass in Bahasa Malaysia at SPM level or equivalent
4. No prior knowledge or experience in real estate required

Who Should Consider The Course?

1. Real Estate Negotiators
2. Financial Planners & Wealth Managers
3. Bankers and Mortgage Officers
4. Property Investors/Developers’ Sales personnel
5. Lawyers/ Insurance Agents/Auctioneers
6. Retirees or soon to be retired
7. School Leavers
8. Or Anyone Considering a Career Change!

If you are keen to know more about the Diploma In Real Estate or Estate Agency, feel free to call us at 03-56222003 or 017-8562228.

You can also visit our website at www.excelacademy.my to find out more about real estate courses provided in Malaysia.

How To Be A Real Estate Agent In Malaysia?

In Malaysia, there are several ways to obtain your real estate agent licence. However, as a start, you can do some research online using the following phrases and keywords:

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You can also visit www.excelacademy.my to find out more about real estate courses provided in Malaysia.

Happy researching and googling!