{"id":115,"date":"2022-02-07T08:05:14","date_gmt":"2022-02-07T00:05:14","guid":{"rendered":"http:\/\/13.250.106.137\/blog\/2017\/08\/14\/what-difference-between-real-estate-agent-and-realtor\/"},"modified":"2026-01-09T16:11:07","modified_gmt":"2026-01-09T08:11:07","slug":"what-difference-between-real-estate-agent-and-negotiator","status":"publish","type":"post","link":"https:\/\/iqiglobal.com\/blog\/what-difference-between-real-estate-agent-and-negotiator\/","title":{"rendered":"What Is The Difference Between A Real Estate Negotiator And An Agent?"},"content":{"rendered":"\n

Real Estate Negotiator and Real Estate Agents<\/span><\/h2>\n\n\n\n

In the real estate industry, one often comes across many technical and marketing terms that may not make sense to those who are unfamiliar with the real estate industry. Like other industries, real estate has many different professionals who specialize in different aspects of the industry.<\/span><\/p>\n\n\n\n

Here we will be focusing on two terms that are often used synonymously, although they mean different specializations: real estate agent<\/em> and real estate negotiator<\/em><\/a>.<\/span><\/span><\/p>\n\n\n\n

In normal everyday conversation, when we say real estate negotiator, we automatically associate it with a real estate agent and vice versa. However, these two professionals\/terms have very little in common with each other.<\/span><\/p>\n\n\n\n

So How Does One Differentiate a Real Estate Agent From a Real Estate Negotiator?<\/span><\/h3>\n\n\n\n

First of all, we need to clarify one thing;<\/span><\/p>\n\n\n\n

In Malaysia when we say real estate agent we are actually talking about a real estate negotiator or REN for short, and when we talk about a realtor, we are actually talking about an REA or a Registered Estate Agent.<\/span><\/p>\n\n\n\n

All real estate professionals need to be registered under the Board of Valuers, Appraisers, and Estate Agents (BOVAEA).<\/span><\/p>\n\n\n\n

What is a Real Estate Negotiator?<\/span><\/h3>\n\n\n\n

A Real Estate Negotiator (REN)<\/em> is a person who has been hired or contracted by a company to list and market properties, all the while under the supervision of a registered real estate agent. This means that a negotiator cannot work independently and must be supervised by a real estate agency.<\/span><\/p>\n\n\n\n

How do you become a real estate negotiator?<\/span><\/h4>\n\n\n\n

Anyone aged 18 and above who wishes to become a negotiator must first attend a 2 Day Negotiator Certification Course (NCC), a prerequisite to formal registration as a negotiator with BOVAEA.<\/span><\/p>\n\n\n

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\"real-estate-negotiator\"<\/a>
Real Estate Negotiator<\/span><\/figcaption><\/figure>\n<\/div>\n\n\n

Here’s a sneak peek of what it’s like to be a real estate negotiator in IQI:<\/span><\/p>\n\n\n