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What are the differences between a broker, negotiator and registered real estate agent?
Under the Malaysian law, anyone who is involved in a property sales transaction and collects a fee without a valid license is an offence and the penalty can be a fine of RM 5000 or jail for 3 years or both.
A broker is normally an illegal salesperson involved in a property sales transaction and collects a fee.
A negotiator is a legitimate salesperson employed by a licensed real estate agency.
A registered real estate agent is an individual holding a valid license approved by the Government and hence allows to practice.













