Broker Gives Warning: Take These 3 Steps Before Buying Property
Jakarta, CNBC Indonesia - The case of house demolitions despite having ownership certificates (SHM) that occurred in Cluster Setia Mekar Residence 2, Tambun Selatan, Bekasi has recently attracted attention. So how can one avoid becoming a victim of a similar case?
The Chairman of the Indonesian Real Estate Broker Association (Arebi), Clement Francis, gives tips for the public who want to buy property with secure legality. First, ensure that the legal validity or legality is complete, then check the track record of disputes.
Ask the certified property agent, ask if there are any issues in this area? Second, check the surroundings for any past disputes, because a big fire starts from a small flame; it will be revealed when there is already a fire but it is still being covered up. Third, check with government agencies because they know the area, who issued the permits, was it the government?" said Clement to CNBC Indonesia, quoted Tuesday (11/2/2025).
The government is reportedly going to require property agent certification. That obligation will be included in the revision of PP 5 of 2021 concerning the Implementation of Risk-Based Business Licensing. Property agents or Property Brokerage Companies (P4) will be upgraded from low risk to medium to high risk.
"Broker should be asked, which office are you affiliated with?" That means there is a legal entity, it's better to find a real estate agent who has a legal entity, right? It's easy to track down in case of fraud and such, rather than a corporation, where would you look for them? "If anything happens, there is a legal entity," said Clement.
"If a random person is to be searched for, where would you look?" Indonesia has 270 million people; if they are registered, there will be data records for those who are registered. Property agents look for certified ones, not motorcycle taxi drivers who may or may not understand," he continued.
People who buy property assets must also ensure that all processes run smoothly, for example, by confirming with the Land Deed Official (PPAT).
"First, the agent checks, then the legal standing of the PPAT or notary. For a land sale transaction to occur, there is a broker, then an agreement, and it goes to the PPAT, who checks with the BPN. So, it ultimately goes to the government, and the BPN issues the certificate," said Clement.
https://www.cnbcindonesia.com/news/20250211123933-4-609702/broker-kasih-peringatan-lakukan-3-langkah-ini-sebelum-beli-properti
The Chairman of the Indonesian Real Estate Broker Association (Arebi), Clement Francis, gives tips for the public who want to buy property with secure legality. First, ensure that the legal validity or legality is complete, then check the track record of disputes.
Ask the certified property agent, ask if there are any issues in this area? Second, check the surroundings for any past disputes, because a big fire starts from a small flame; it will be revealed when there is already a fire but it is still being covered up. Third, check with government agencies because they know the area, who issued the permits, was it the government?" said Clement to CNBC Indonesia, quoted Tuesday (11/2/2025).
The government is reportedly going to require property agent certification. That obligation will be included in the revision of PP 5 of 2021 concerning the Implementation of Risk-Based Business Licensing. Property agents or Property Brokerage Companies (P4) will be upgraded from low risk to medium to high risk.
"Broker should be asked, which office are you affiliated with?" That means there is a legal entity, it's better to find a real estate agent who has a legal entity, right? It's easy to track down in case of fraud and such, rather than a corporation, where would you look for them? "If anything happens, there is a legal entity," said Clement.
"If a random person is to be searched for, where would you look?" Indonesia has 270 million people; if they are registered, there will be data records for those who are registered. Property agents look for certified ones, not motorcycle taxi drivers who may or may not understand," he continued.
People who buy property assets must also ensure that all processes run smoothly, for example, by confirming with the Land Deed Official (PPAT).
"First, the agent checks, then the legal standing of the PPAT or notary. For a land sale transaction to occur, there is a broker, then an agreement, and it goes to the PPAT, who checks with the BPN. So, it ultimately goes to the government, and the BPN issues the certificate," said Clement.
https://www.cnbcindonesia.com/news/20250211123933-4-609702/broker-kasih-peringatan-lakukan-3-langkah-ini-sebelum-beli-properti
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