Tuesday, March 14, 2017
Why You Need a License to Practice Real Estate Service in the Philippines
Wazzup Pilipinas!
As the real estate sector continues to be one of the most buoyant sectors of the Philippine economy, more stringent measures are carefully placed to protect real estate investors and property buyers. In line with this, Republic Act No. 9646 or the Real Estate Service Act of the Philippines, which is more commonly referred to as the RESA Law, was enacted. This is the governing law that must be followed by all real estate professionals practicing in the Philippines.
As stipulated by the RESA Law, real estate brokers, appraisers, assessors, and consultants must all be duly licensed by the Real Estate Board of the Professional Regulation Commission (PRC). As the purchase of a piece of real estate is an important and expensive transaction, buyers’ interests must always be protected. For example, having a licensed real estate broker transacting on the buyer’s behalf greatly minimizes the risk of the buyer getting taken advantage of.
But more than just being a law-abiding citizen, there are more reasons why a professional license is your best means towards a successful real estate career. To shed some light on this important topic, top property portal Lamudi Philippines, compiles the best benefits of having a professional real estate license.
First and foremost, a PRC-licensed real estate broker is undeniably a more trustworthy agent when it comes to real estate buying. If you are an investor, would you entrust your investment to just anyone else? Credentials such as a PRC license assure buyers that they are dealing with a registered professional and should anything go amiss, they can always file a case in the PRC.
For example, real estate portal Lamudi only allows licensed real estate brokers and developers to post listing on its website. This is a rule that the company has implemented ever since its inception in 2014 functions as a security measure against online scammers and to protect consumers.
With credibility come opportunities. A credible and reputable real estate broker who has served a happy and satisfied clientele has one important advantage over unprofessional ones: the power of word of mouth marketing. Indeed, happy customers are only too happy to refer a great real estate broker to their relatives, friends, and acquaintance.
The road to being a real estate broker is tough and Lamudi Philippines recognizes the hard work and contributions of these important players to the industry. On March 30, 2017, Lamudi Philippines will award the best of the best licensed real estate brokers who are subscribed in the portal. More than 300 brokers will vie for various honors.
“This endeavor of Lamudi is not only aimed to recognizing the excellence of today’s top brokers. The winners will become great examples to their peers and will likewise teach a thing or two to many aspiring property professionals out there,” shared Bhavna Suresh Chathambeth, CEO of both Lamudi Philippines and sister website MyProperty.ph, a long-running local property portal acquired by Lamudi from Summit Media in 2015.
Filinvest is one of the major sponsors in the upcoming prestigious awards night. Other parties interested to partner with Lamudi Philippines in awarding the best brokers are invited to take part in this upcoming event, dubbed Lamudi Philippines Broker Awards Night 2017 to be held at the New World Hotel in Makati. They may contact events@lamudi.com.ph and avail of the early bird promo where they can get 30% discount on all booths if they book before March 6, 2017.
Subscribe to:
Post Comments (Atom)
Need professional help with your papers? - Visit this writing service supported by the best academic writers.

ReplyDeleteGreat knowledge, do anyone mind merely reference back to it
real estate broker
Overwhelming the time of stagnation, the development of Indian land area has been exceptional, instigated by, developing economy, helpful socioeconomics and changed remote direct venture routine. Be that as it may, now this continuous marvel of land division has begun to display the indications of compression. apartments for sale in mauritius
ReplyDeleteI understand it is costly and I understand there are instances it does not generate phone calls but if you are going to persist in the real estate investing business sector just place it in there and leave it. real estate exam prep
ReplyDeleteThanks for sharing this useful info. Check it on: real estate malta
ReplyDeleteI love this blog!! The flash up the top is awesome!!
ReplyDeleteCarolineis11
Thank you very much for the sharing! COOL.. شقق للبيع في اسطنبول باسعار رخيصة
ReplyDeleteThanks for another excellent post. Where else could anybody get that type of info in such an ideal way of writing? In my opinion, my seeking has ended now. Plot for Sale
ReplyDeleteHow can be this license handler or passer can be more reliable in marketing compare to d free lance property agent
ReplyDeleteIf you are like most people, you are probably somewhat shy and don't make it a point to intentionally meet and talk to new people on a regular basis. But if you want to build a network, you'll have to do exactly that. marina one residences
ReplyDeleteCommercial real estate entry, large firms vs. small firms. View by an SIOR Active Member with over 35 years in the commercial real estate brokerage business. Real Estate
ReplyDeleteI was surfing the Internet for information and came across your blog. I am impressed by the information you have on this blog. It shows how well you understand this subject. personalirent
ReplyDeleteI was surfing the Internet for information and came across your blog. I am impressed by the information you have on this blog. It shows how well you understand this subject. personalirent
ReplyDeleteI’ve been searching for some decent stuff on the subject and haven't had any luck up until this point, You just got a new biggest fan!.. Lake LBJ Realty
ReplyDeleteThank you a bunch for sharing this with all of us you actually realize what you are talking about! Bookmarked. Please also seek advice from my site =). We could have a hyperlink change contract between us! Escort directory
ReplyDeleteThis is because there are so many more properties on the market now than there were before the bubble burst. flat for sale pune
ReplyDeleteI am glad you take pride in what you write. This makes you stand way out from many other writers that push poorly written content. xo so mien bac
ReplyDeleteI like your post. It is good to see you verbalize from the heart and clarity on this important subject can be easily observed... Avenue South Residence
ReplyDeleteI like your post. It is good to see you verbalize from the heart and clarity on this important subject can be easily observed... The Avenir
ReplyDeleteI like your post. It is good to see you verbalize from the heart and clarity on this important subject can be easily observed... midtown modern condo
ReplyDeleteI like your post. It is good to see you verbalize from the heart and clarity on this important subject can be easily observed... Clavon Condo
ReplyDeleteI like your post. It is good to see you verbalize from the heart and clarity on this important subject can be easily observed... One Pearl Bank
ReplyDeleteI like your post. It is good to see you verbalize from the heart and clarity on this important subject can be easily observed... Hyll On Holland
ReplyDeleteTruly, this article is really one of the very best in the history of articles. I am a antique ’Article’ collector and I sometimes read some new articles if I find them interesting. And I found this one pretty fascinating and it should go into my collection. Very good work! Homes for Sale in Horshoe Bay
ReplyDeleteMyra Condo by Selangor Dredging Berhad. Hotline 61009266. Get Discounts, Direct Developer Price, Brochure, Floor Plan, Price List. Upcoming new launch at Potong Pasir Myra Condo
ReplyDeleteAnyone who wants to sell real estate as a salesperson, real estate agent, or real estate broker must first obtain a license to do so from the state in which they live.
ReplyDeleteHOMEiA
Great write-up, I am a big believer in commenting on blogs to inform the blog writers know that they’ve added something worthwhile to the world wide web!.. Chris Brand
ReplyDeleteWow, What a Excellent post. I really found this to much informatics. It is what i was searching for.I would like to suggest you that please keep sharing such type of info.Thanks home buyer rebate
ReplyDeleteJust pure brilliance from you here. I have never expected something less than this from you and you have not disappointed me at all. I suppose you will keep the quality work going on. Real Estate on Lake LBJ
ReplyDeletetop brokerage services toronto Soroya Dempsey is one of the best realtors in Toronto who provides you with luxury real estate solutions that will help you sell or buy a property.
ReplyDeleteWith such a staggering stock of homes ready to move a real estate speculator must have the option to figure out which one to buy. property appraiser
ReplyDeleteYour dream home awaits with real estate to rent in Los Angeles by Lea Wiviott Boracchia, licensed CA DRE # 02064384
ReplyDeleteIn fact, real estate investments done with proper evaluation of the property (and its true value), can lead to good profits. real estate
ReplyDeletei never know the use of adobe shadow until i saw this post. thank you for this! this is very helpful. Immobilienmakler Hannover
ReplyDeleteIn any case, the drop in commissions can be more than balance by the measure of properties that can be sold. Furthermore, getting quality land leads is one of the keys to making this a reality for realtors. Clavon
ReplyDeleteThis comment has been removed by the author.
ReplyDeleteThis comment has been removed by the author.
ReplyDeleteWe are really grateful for your blog post. You will find a lot of approaches after visiting your post. I was exactly searching for. Thanks for such post and please keep it up. Great work. Edward Renwick
ReplyDeleteThere is so much in this article that I would never have thought of on my own. Your content gives readers things to think about in an interesting way. Thank you for your clear information. lộc phát land
ReplyDeleteToday, taking into consideration the fast life style that everyone is having, credit cards get this amazing demand throughout the economy. Persons coming from every area are using the credit card and people who are not using the credit card have made up their minds to apply for even one. Thanks for sharing your ideas on credit cards. One-North Eden
ReplyDeletehey there and thank you for your info – I’ve certainly picked up something new from right here. I did however expertise several technical points using this web site, since I experienced to reload the site many times previous to I could get it to load correctly. I had been wondering if your web hosting is OK? Not that I’m complaining, but sluggish loading instances times will sometimes affect your placement in google and can damage your high-quality score if advertising and marketing with Adwords. Anyway I am adding this RSS to my email and could look out for a lot more of your respective fascinating content. Make sure you update this again very soon.. Ryse Residences
ReplyDeleteYou can additionally comply with numerous blog's as well as various other profile updates pertaining to numerous Bangalore Independent Escort are available.
ReplyDeleteA good blog always comes-up with new and exciting information and while reading I have feel that this blog is really have all those quality that qualify a blog to be a one Horseshoe Bay Real Estate
ReplyDeleteI’m going to read this. I’ll be sure to come back. thanks for sharing. and also This article gives the light in which we can observe the reality. this is very nice one and gives indepth information. thanks for this nice article... reconocimiento medico del carnet de conducir
ReplyDeleteReal estate is the property, land, buildings, air rights above the land and underground rights below the land. The term real estate means real, or physical, property. “Real” comes from the Latin root res, or things.
ReplyDeletechicago builders
I definitely enjoying every little bit of it. It is a great website and nice share. I want to thank you. Good job! You guys do a great blog, and have some great contents. Keep up the good work. Virtual Furniture
ReplyDeleteQuickly this site will indisputably be famous among all blogging people, because of its fastidious articles or reviews.
ReplyDeletelink
By integrating systems and automating certain tasks relevant to your business, your website will actually save you money. How it saves you money is up to you, but here are 11 ways to get your mind working. home improvement north shore
ReplyDeleteNice post. I was checking constantly this blog and I’m impressed! Extremely useful info specially the last part I care for such information a lot. I was seeking this certain info for a long time. Thank you and good luck. Edward Rainey Renwick
ReplyDeletePositive site, where did u come up with the information on this posting?I have read a few of the articles on your website now, and I really like your style. Thanks a million and please keep up the effective work. house for sale near me
ReplyDeleteIncredible information, do anybody mind simply reference back to it broker data entry
ReplyDeleteThe acquisition of a vehicle or a TV may happen very quickly, after which your collaboration with the agent or sales rep is extraordinarily reduced. A development undertaking may last anyplace from a couple of months to a year or more. Find local builders
ReplyDeleteits simple to begin as a locally established travel planner and the online travel services can give you your own customized white name marked site, i legal help getting out of a timeshare
ReplyDeleteI found your this post while searching for some related information on blog search...Its a good post..keep posting and update the information. blue world city noc
ReplyDeleteWhat's more, another aftereffect of the ascent in accessible properties is that an ever increasing number of individuals are turning out to be first-time mortgage holders. https://yes-mallorca-property.com/
ReplyDelete