SUM MANET
Real estate agents need skills to value properties, such as private houses. Reuters |
Cambodian property valuers and real estate agents are set to get a skills boost via the University of Technology, Malaysia (UTM), in an effort to fend of foreign competition.
Kim Heang, president of the Cambodian Valuers and Estate Agents Association (CVEA) told yesterday that they were looking to Malaysia to strengthen the training frameworks for students and professionals in Cambodia.
“We will go to Malaysia to sign an MoU [memorandum of understanding] with UTM and Real Estate and Housing Developers Association early next month.”
“It is necessary to study about the real estate sector, if we don’t know enough about it, foreigners will grab jobs in the sector,” he warned.
“What we have to focus on is training human resources related to the property sector. We need to start training courses and cannot wait any longer,” he said.
Dith Channa, the managing director of Lucky Realty Co., welcomed the CVEA’s plan, which he said would be a good improvement on the current system, where realtors just share knowledge with each other.
“When it comes to academics, [the lessons] will mean better human resource skills in the market, and business will be conducted on a more ethical basis.”
“If we are concerned only about business without caring about improving our knowledge in terms of how to do business, we will be in danger of competition as knowledge needs to be up to date in order to work optimally with the current market,” he said.
Po Eavkong, managing director of Asia Real Estate Cambodia Co., said having more experienced people working in the industry will help strengthen the real estate market in the kingdom.
“It will be a benefit for new property realtors, as there will be experienced instructors who can fill in the gaps where knowledge is lacking,” he said, adding that even experienced agents will benefit by discovering any gaps in their knowledge.
“However, we cannot implement all the international standards in the market here because the property situation in each market is different from each country.”
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