Real estate group urges relevant authorities to address illegal brokers, unethical practices involving property sales

File photo of a housing project for illustration purposes.
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By DayakDaily Team

KUCHING, Nov 30: Malaysian Institute of Estate Agents (MIEA) Sarawak branch chairman Robert Ting appeals to relevant authorities to address issues involving illegal brokers and unethical practices involving sales of properties.

He said cooperation from the Ministry of Housing and Local Government, Sarawak Valuation and Property Services Department (JPPH), and the Board of Valuers, Appraisers, Estate Agents and Property Managers Malaysia is crucial in combating these issues.

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“These illegal activities not only undermine the integrity of our profession but also erode public trust and create unnecessary risks for property buyers and sellers. As professionals who are committed to raising industry standards, we cannot fight this battle alone,” he said during the MIEA Sarawak Branch’s 9th annual dinner held at a local hotel in Kuching last night (Nov 29).

He said that strengthening enforcement, tightening regulations, and ensuring proper licensing procedures will create a transparent and trustworthy real estate landscape.

Ting also emphasised the importance of reasonable professional fees for estate agents, such as the three per cent professional fees.

According to him, a fair and structured fee system is not just about financial compensation; it directly impacts the quality of service we can deliver to clients.

“When agents are supported with reasonable fees, we can invest in better tools, training, and resources, ensuring fast, efficient, and professional service,” he said.

Meanwhile, Ting said another critical area for collaboration among relevant authorities where it can make a significant impact is in helping first-time homebuyers achieve their dream of homeownership.

As such, he urged bankers to work closely with them in developing solutions that make homeownership more accessible, particularly for first-time buyers.

He also said that simplifying financing processes, offering flexible loan packages, and providing clear guidance can empower more people to step onto the property ladder.

“Under the housing ministry in Sarawak, we have the Housing Deposit and Repayment Assistance Scheme (HDRAS) through the recent Sarawak Legislative Assembly (DUS) sitting announced by Deputy Premier Datuk Amar Dr Sim Kui Hian.

“Now HDRAS has expanded the scope and flexibility to include open-market and sub-sale houses below RM300,000,” he added. — DayakDaily

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