malaysia real estate

In this economy, we're being told that it's currently a "buyer's market" and not a "seller's market". What is a seller's market? A seller's market is when demand exceeds supply. There is great demand for homes but very few houses in the market that are available for sale. Vendors and landlords are very much in control of the market and negotiations by asking higher prices. Then, what is a buyer's...

This is a public service announcement to all purchasers and tenants from realtors. We hope to create synergy with our clients and save time in the process. While we realtors provide our own service, purchasers and tenants too have a responsibility to provide their own service.  Exclusivity Inasmuch as vendors and landlords are advised to practice exclusivity; purchasers and tenants too are...

This is a public service announcement to all vendors and landlords from realtors. We hope to create synergy with our clients and defuse the amount of "fake news" in the real estate industry. Cooperation with the realtor doesn't stop at the handover of the property, it stops after that. While we realtors provide our own version of after-sales service, vendors and landlords too have a responsibility to...

Realtors are commonly known as "open door & close door salesmen." The public's perception is that our job solely entails opening and closing doors for viewings. They already have preconceived notions about realtors thereby the creation of unrealistic expectations. Hence, this article sets forth to address the common misconceptions about realtors. This article attempts to educate the public about...

(adsbygoogle = window.adsbygoogle || ).push({}); The deal about real estate is matching a prospect and a purchaser with a property. It is a matchmaking business. We pair the right buyers and sellers together, and the right landlords and tenants together. Sometimes, a mismatch happens to begin with. We've a property or listing but no purchaser. On the other hand, we've a purchaser or prospect...

In real estate, there are 2 categories of real estate agents/negotiators. GeneralistSpecialist Generalists focus in a general location without a specific location. For example, a generalist covers Petaling Jaya (PJ), Kuala Lumpur (KL), or Shah Alam. These are still very wide districts in themselves. In PJ, there are many townships - Damansara, Kelana Jaya, Bandar Utama, etc. Furthermore, there is a...

Vacant Possession Now that both Mr & Mrs Tan and Mr Chan have signed the Sales & Purchase Agreement, they've to wait for the loan to be disbursed. Once the loan has been disbursed then only the purchasers can take vacant possession (VP) of the property. The standard "waiting period" is 3 months. The bank will disburse the balance of the purchase price to the vendor - Mr Chan. In this case,...

Soliciting Sales & Purchase Agreement After the loan has been approved, the next step for Mr & Mrs Tan is the Sales & Purchase Agreement (SPA). It is a legal document outlining the terms and conditions whereby Mr Chan (vendor) has agreed to sell the property to Mr & Mrs Tan (purchasers), and the purchasers agreeing to purchase the property from the vendor. The standard practice is...