I contacted this agent from Iproperty.com .my , and view a subsale kondo unit, I like it. So want to pay booking fees, he told me can bank into his company or write cheque.

I then search him in LPPEH.gov .my, and found he is not in the member section but in the negotiator section.
I saw his REN number, full name, company name, handphone number and Expiry date is 12/2020.

Is he trustable? can I go on and pay my booking fees to him or go to his office?

THanks



This post has been edited by frostfrench: Dec 27 2020, 02:29 PM

The different between a member and a Ren ....

Member is a registered estate agent who owns the agency aka 'employer'

REN is a registered negotiator with a registered estate agent / agency aka 'employee'

All cheques for booking deposits must be made payable in the name of the AGENCY. After reading the terms in the booking form and signed, you can safely pass the cheque to the REN. On the hand, if you feel 'safer' to deal everything in the agency office, go ahead.

Totally agreed.. I normally will ask client to go our office for few reasons:
1. Better pay to my admin than me, especially if it's involving cash
2. Can immediately get a receipt for the earnest deposit paid
3. Get to know more about the agency at the same time

Thanks for the replies.

Is it ok, when his license going to expire in 12/2020 (3 days time).

One of my worries is, after the earnest deposit, he will be be responsible to anything and further steps of purchasing the property will be slow moving.

Every member and ren must renew b4 31.03.21.

If you are worried, then wait for him to renew b4 proceeding.

I know it's a bit late to reply to your concern, but hopefully this will help others who are also wondering:

I am also a REN and would like to inform u guys that actually we are supposed to renew every 2 years - however due to the pandemic, a lot of us are unable to sit for our CDP class which is something we are required to sit thru once in 2 years in order to renew the license. Therefore, unless a REN writes to the LPPEH personally or the agency takes the initiative, our RENtag will expire. It's not that we don't wanna renew - it's because we can't .....those with RENtag expiring 12/2020 most likely still active and awaiting LPPEH to start CDP again.

If worried, can always call the agency's landline/general line and ask if said REN is an active REN with them.

For more info: https://lppeh.gov.my/WP2016/copy-of-circula...nd-cdp-courses/

Maybe you would like to check again. It should be every year to renew. Not two years. And for this year, although there’s is CDP session, the agency should assist you to renew your ID too. All the RENs in our agency has renewed their tag to 12/21.