Revise Real Estate Commission Structure

This petition had 8 supporters

The Issue

To have relevant parties to look into current commission structure as such instead of RM1000 per property, why not have tier i.e. low cost property min. RM3000 commission and min 2% for mid to high end range properties. Current real estate commission structure is way lower than expected.  Hence, if this continues there will be more and more illegal brokers or market spoilers will take advantage. Nevertheless, wages or salaries earner can might have increments annually why not real estate agents or negotiators too.  

The Decision Makers

MIEA
MIEA
BOVEAP
BOVEAP
LPPEH
LPPEH
Bank Negara
Bank Negara
National Banks of Malaysia
National Banks of Malaysia

Petition Updates