Exemption equivalent to Estate Agent Examination Malaysia

Q.
List down the exemption route equivalent to Estate Agent's Examination.

A. (Repost from my-realproperty2.blogspot.com)

Exemption Route

Rule 43 Exemptions

(1) The Board may accept the examinations of institutions of higher learning or professional institutions either in Malaysia or overseas in lieu of the Board's examinations if it is satisfied that the standard thereof is not less than that of the Board's examinations.

(2) In considering such examinations regard shall be had to-

(a) the minimum entry tor such institutions requirements;
(b) the syllabus content and whether or not the subjects studied have relevance to Malaysian practice;
(c) the questions set;
(d) the standard of marking;
(e) the library facilities of the institutions; and
(f) the practical experience gained by the applicant while studying at such institutions.

Rule 44 Examinations of other institutions

The examinations of institutions of higher learning or professional institution either in Malaysia or overseas that the Board considers of a standard not less than that of its written examinations shall be as specified in the Sixth Schedule.

Professional Institution are listed in Sixth Schedule as recognized to be registered as valuer - hence also recognized as Estate Agent:

As Valuers

1. MALAYSIA:

(a) Institution of Surveyors (Malaysia)

(i) Diploma of the Institution of Surveyors (Malaysia) (General Practice)
(ii) Diploma of the Institution of Surveyors (Malaysia) (Property Consultancy and Valuation Surveying)(PCVS - or PMVS) Property Management Valuation Surveying

2. AUSTRALIA:

(a) Australian Institute of Valuers

(i) Diploma of Australian Institute of Valuers

3. NEW ZEALAND

(a) New Zealand Institute of Valuers

(i) Diploma of New Zealand Institute of Valuers

4. UNITED KINGDOM

(a) Royal Institution of Chartered Surveyors (RICS)

(i) Diploma of the Royal Institution of Chartered Surveyors (General Practice)

(b) The Incorporated Society of Valuers and Auctioneers

(i) Diploma of the Incorporated Society of Valuers and Auctioneers (General Practice Division) (1982 Syllabus)

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As Registered Estate Agents

A pass in the final examination of the following:-

Academic Qualifications

1. All the professional qualifications recognized by the Board for registration as valuers.

Other Academic Qualifications:

1. MALAYSIA

(a) Institute Teknologi MARA (now UiTM)

• (i) Diploma in Estate Management

(b) Universiti Teknologi Malaysia

• (i) Diploma in Valuation

2. AUSTRALIA

(a) Moorabin College of Technical and Further Education, Victoria

• (i) Advance Certificate Course in Estate Agency

Professional Qualifications

1. All the professional qualifications recognized by the Board for registration as valuers.
2. Board of Valuers, Appraisers and Estate Agents-

• (a) Certificate in Estate Agency
• (b) Diploma in Estate Agency

3. Institution of Surveyors (Malaysia) or RISM

* Candidates are required to pass the Intermediate Examination in the following subjects:

(a) Surveyors General Practice
(b) Property Consultancy and Valuation Surveying (Property Management Valuation Surveying)

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TEST OF PROFESSIONAL COMPETENCE RECOGNISED BY THE BOARD

A. For registration as Valuers

1. MALAYSIA
(a) Institution of Surveyors (Malaysia)

• (i) Test of Professional Competence for General Practice in Surveying
• (ii) Property Consultancy and Valuation Surveying

B. For registration as Estate Agents

1. MALAYSIA

(a) Instutute of Surveyors (Malaysia)

• (i) Test of Professional Competence for General Practice Surveying
• (ii) Property Consultancy and Valuation Surveying.

Ref:

Rule 43 Valuers, Appraisers and Estate Agents Rules 1986.