Real Estate Brokers Licensure Exam Results March 2011

The March 2011 Real Estate Brokers Board Exam results or also known as the results of March 2011 Real Estate Brokers Licensure Examination held on March 27 in the cities of Manila, Baguio, Cebu, Cagayan De Oro, Iloilo and Davao are published here officially released by the Professional Regulations Commission (PRC)

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The Professional Regulation Commission (PRC) announces that 3,185 out of 4,762 passed the Real Estate Broker Licensure Examination given by the Board of Real Estate Service in Manila, Baguio, Cagayan de Oro, Cebu, Davao and Iloilo last March 2011 .

The members of the Board of Real Estate Service who gave the licensure examination are Chairman, Dr. Eduardo G. Ong, Members, Bansan C. Choa, Ramon C.F. Cuervo III, Florentino C. Diño II and Rafael M. Fajardo .

The results were released in five (5) days after the last day of examination.

EXTREMELY QUICK COMMISSION RELEASE FOR RELA ESTATE AGENTS

EXTREMELY QUICK COMMISSION RELEASE FOR RELA ESTATE AGENTS

Larger Commision Checks for Residential Real Estate Sales People and Brokers

Cold-calling needs to be given up as a bankable way to make sales. It leaves the salesperson in a mood which inhibits sales. Also, if all that were not enough,Real Estate Laws have been put in place to make salespeople lose more confidence. Confidence needs to be gained in new agents and cold-calling is a scary proposition for both the caller and the seller.

FACT: Knocking on Doors DOESN’T WORK.

Farming (pick a neighborhood and market to it)takes years to make headway and just depletes their personal and family savings account.

Walking around, knocking on doors could never be more outdated. Some rebel salespeople will try this but it wears out quickly when the response is so negative.

Plus, this is a security risk in many area worth farming.

FACT: Floor Duty DOESN’T WORK.

The Floor duty efforts of a new real estate agent become quickly inefficient uses of time. People who used to come through doors now simply shop on the internet for their home.

In 2010 this type of duty is relegated to people who do not work smart but have a lot of time on their hands to waste. It is not an effective use of time unless it is part of a bigger, more strategic plan.

What about Rain Makers, Sales Dogs, and Craig Proctor?

Many of the most popular techniques have saturated the market. This creates a blandness which hurts the salespeople’s efforts. Customers are tired of these methods for the most part. As well, a large initial investment is required by you. You may consider these techniques to be good for you until you start.

The information we promote is so basic that anyone in a real estate office can instantly start to put them to use. No large initial investment or cost is required.

As well, you may listen to your office managers, and this is good. But office managers just might be tempted to perpetuate an unsuccessful mindset as long as they can keep recruiting more “fresh blood” (aka new real estate agents) into the office from career nights or other brokers. It is self-motivated and understandably so.

These methods do not work but they are propagated and told to new licensees in the office because it is what “new salespeople should do.” So far we have discussed what methods are often used by new agents. But now let’s talk about why you have not sold as many houses as you would like. You are unable to make a consistent income by selling real estate for some very basic reasons. And you are not alone in the struggle.

What does work? Try the new ACCELERATED listings and sales plan below:

For more details click the link below

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A look at the RESA Law By Atty. Manuel M. Serrano (The Philippine Star) Updated October 01, 2010 12:00 AM

Is “CREBA”  againts the RESA Law or RA9646 ? What do you think?

MANILA, Philippines – Throughout the country real estate developers are up in arms over certain provisions of R.A. 9646, also known as the “Real Estate Service Act of the Philippines” (RESA), which regulates the practice of real estate service in the Philippines, creating for the purpose a Professional Regulatory Board of Real Estate Service (PRBRES) and its subsequent funding.

Much of the protestations stem from Sections 28 (a) and 29 of the RESA Law, which prohibit real estate developers from practicing real estate service in the country. To many developers the practice of real estate service, which includes offering, advertising, soliciting, listing, promoting, negotiating and selling of real estate is not only an integral part of their business but an inherent right. Having invested millions in the development of their projects developers have much to lose in the business and it is only fitting that they provide not only quality products but quality real estate service as well.

Reminder: SEC. 29. Prohibition Against the Unauthorized Practice of real Estate Service.

Reminder

SEC. 29. Prohibition Against the Unauthorized Practice of real Estate Service.

No person shall practice or offer to practice real estate service in the Philippines or offer

himself/herself  as real estate service practitioner, or use the title, word, letter, figure, or any sign tending to convey the impression that one is a real estate service practitioner, or advertise or indicate in any manner whatsoever that one is  qualified to practice the profession, or be appointed as real property appraiser or assessor in any national government entity or local government unit, unless he /she has satisfactorily passed the licensure examination given by the Board, except as otherwise provided in this Act, a holder of a valid certificate of registration, and professional identification card or a valid special/temporary permit duly issued to him/her by the Board and the Commission, and in the case of real estate brokers and private appraisers, they have paid required bond as hereto provided.

SEC. 31.  Supervision of Real Estate Salespersons
For real estate salespersons, no examination shall be given, but they shall be accredited by the

Board: Provided,  That they have completed at least two (2) years of college and have undergone training and seminars in real estate brokerage, as maybe required by the Board. Real estate salespersons shall be under the direct supervision and accountability of real estate broker. As such, they cannot by themselves be signatories to a written agreement involving  a real estate transaction unless the real estate broker who has direct supervision and accountability over them is also a signatory thereto. No real estate sales person, either directly or indirectly , can negotiate ,mediate or transact any real estate transaction for in behalf of a real estate broker without first securing  an authorized accreditation as real estate salesperson for the real estate broker, as prescribed  by the Board . A real estate broker shall be guilty of violating this Act  for employing  or utilizing the services of a real estate salesperson when he/she has not secured the required accreditation from the Board prior to such employment.

No salesperson shall be entitled to received or demand a fee, commission or compensation of any kind from any person, other than the duly licensed real estate broker who has direct control and supervision over him, for any service rendered or work done by such salesperson in any real estate transaction.

No violation of this provision shall be a cause for revocation or suspension of the certificate of registration of the real estate broker unless there was actual knowledge of such violation or the broker retains the benefits, profits or proceeds of a transaction wrongfully  negotiated by the salesperson.

ARTICLE V

PENAL AND FINAL PROVISIONS

SEC. 39. Penal Provisions.

Any violation of this Act, including violations of implementing rules and regulations, shall be meted the

penalty of a fine of not less than One hundred thousand (P100,000.00) or imprisonment of not less than two (2) years, or both such fine and imprisonment upon the discretion of the court.  In case the violation is committed by an unlicensed real estate service practitioner, the penalty shall be double the  aforesaid fine and imprisonment.

In case the violation is committed, by a partnership, corporation, association or any other juridical person.

The partner, president director or manager who was committed or consented to or knowingly tolerated such violation shall be held directly liable and responsible for the acts as principal or as a co-principal with the other participants, if any.

“IGNORANCE TO LAW , EXCUSES NO ONE”

“THE LAW APPLIES TO ALL, OR NOT AT ALL”

“DURA LEX SED LEX”

BROKER CALLS FOR RESIGNATION OF PRB-RES

Firebrand real estate practitioner John Petalcorin calls for the replacement of the present commissioners of the PRC’s

newly-formed Philippine Regulatory Board for Real Estate Service (PRB-RES).

After almost a month of implementation of RA 9646’s Implementing Rules of Regulations, Petalcorin questions PRB-

RES for non-issuance of guideline, procedure, and letter of instruction on law enforcement specifically on how they will

receive and process reports about colorum real estate agents. The broker is citing continues prevalence of unlicensed

real estate practitioners in shopping malls.

RA 9646: Real Estate Service Act of 2009 or “RESA” is enacted to regulate the practice of real estate service by the

industry’s consultants, appraisers, assessors, brokers and sales persons. The Law stipulates a creation of a Professional

Regulatory Board of Real Estate Service under the supervision and administrative control of the Professional

Regulatory Commission (PRC).

PRB-RES is composed of five (5) commissioners appointed by the President from the nominees submitted by PRC — 3

recommendations from the real estate organizations and 2 from government assessors and appraisers. The present

board was constituted last March 2010.

“The cause of the failure is the current PRB-RES are last-minute appointees of GMA. They are not recommended by a

legitimate democracy of a Integrated Profesional Organization of Real Estate Practitioners. They are inactive in

enforcing the law because of conflict of interest, they have interests in some developers who employ unlicesed real

estate agents.” writes Petalcorin in his reibs.com blog.

Petalcorin suggests that the incumbent Commissioners either resign or that the President replaces them.

Townhouse near The Fort and Makati

Amenities like no other

All the space you need to move.all the room you need to grow. Tucked in the emerging city of Taguig. Lies Mahogany Place III, An Asian-theme residential enclave perfect for families searching for a lush, predestrian-friendly environment

An asian-inspired residential subdivision where every space and feature is deliberately designed to foster a quality of living that’s close to perfection.

Township Central, Taguig City
Ideally located in progressive Taguig City, Mahogany Place III is accessible via C-5 and only a few minutes from Bonifacio Global City and the Makati Central Business District.

Official Website :  http://cielo.expertbroker168.com

Area distance:

• Bonifacio Global City  :  3.65 km
• Makati CBD                :  7.5 km
• Ortigas CBD                  :  8.14 km
• Market ! Market !        : 3.65 km
• Greenbelt                   : 7.61 km
• NAIA                          : 10.51 km

3 Storey Cielo Townhouse
105 sqm  P 8.3M  or $ 189  USD
Minimum downpayment of 30% payable in cash to 12 mos .

Reservation fee is 50,000.00 deductible in down payment

• Lot area – Inner Unit (approx.) : 105 sq.m.
• Gross Floor area –    (approx.)  : 180.7 sq.m.
• Covered Floor area –  (approx.): 124.60 sq.m.

• 3 Bedroom with Walk in Closet at Master’s
• 4 Toilet and Bath
• Maid’s Rooms
• With built-in closet per bedroom
• With separate / private balcony for the Master’s Bedroom
• 2-car garage

Outdoor Amenities:

• Adult pool
• Kiddie pool
• Pool deck
• Picnic grove
• Children’s playground
• Sandbox
• Basketball
• Parks and gardens
• Landscaped amphitheater

Clubhouse Amenities:

• Lobby lounge area
• Main function hall with bar and kitchen
• Sauna
• Poolside dining
• Mini-mart
• Mini-theater
• Dance studio
• Game room
• Fitness gym
• Refreshment area
• 2^nd Floor lounge area
• View deck

• Guarded grand entrance gate
• 24-hour security
• Water station
• Overhead water tank and cistern
• Garbage collection facilities
• Back-up generator for the Clubhouse
• Wi-Fi accessibility at the Clubhouse

Mobile : +63927-642-3112

Land line: +632 – 2186930

Website: http://cielo.expertbroker168.com