BREAKING

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.

About ""

WazzupPilipinas.com is the fastest growing and most awarded blog and social media community that has transcended beyond online media. It has successfully collaborated with all forms of media namely print, radio and television making it the most diverse multimedia organization. The numerous collaborations with hundreds of brands and organizations as online media partner and brand ambassador makes WazzupPilipinas.com a truly successful advocate of everything about the Philippines, and even more since its support extends further to even international organizations including startups and SMEs that have made our country their second home.

109 comments:


  1. Great knowledge, do anyone mind merely reference back to it
    real estate broker

    ReplyDelete
  2. 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

    ReplyDelete
  3. I 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

    ReplyDelete
  4. Thanks for sharing this useful info. Check it on: real estate malta

    ReplyDelete
  5. I love this blog!! The flash up the top is awesome!!
    Carolineis11

    ReplyDelete
  6. Thanks 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

    ReplyDelete
  7. How can be this license handler or passer can be more reliable in marketing compare to d free lance property agent

    ReplyDelete
  8. If 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

    ReplyDelete
  9. Commercial 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

    ReplyDelete
  10. I 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

    ReplyDelete
  11. I 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

    ReplyDelete
  12. I’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

    ReplyDelete
  13. This is because there are so many more properties on the market now than there were before the bubble burst. flat for sale pune

    ReplyDelete
  14. I 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

    ReplyDelete
  15. I 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

    ReplyDelete
  16. I 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

    ReplyDelete
  17. I 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

    ReplyDelete
  18. I 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

    ReplyDelete
  19. I 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

    ReplyDelete
  20. I 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

    ReplyDelete
  21. Truly, 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

    ReplyDelete
  22. Anyone 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.
    HOMEiA

    ReplyDelete
  23. 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

    ReplyDelete
  24. Wow, 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

    ReplyDelete
  25. Just 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

    ReplyDelete
  26. top 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.

    ReplyDelete
  27. With 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

    ReplyDelete
  28. Your dream home awaits with real estate to rent in Los Angeles by Lea Wiviott Boracchia, licensed CA DRE # 02064384

    ReplyDelete
  29. In fact, real estate investments done with proper evaluation of the property (and its true value), can lead to good profits. real estate

    ReplyDelete
  30. i never know the use of adobe shadow until i saw this post. thank you for this! this is very helpful. Immobilienmakler Hannover

    ReplyDelete
  31. In 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

    ReplyDelete
  32. This comment has been removed by the author.

    ReplyDelete
  33. This comment has been removed by the author.

    ReplyDelete
  34. There 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

    ReplyDelete
  35. Today, 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

    ReplyDelete
  36. hey 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

    ReplyDelete
  37. You can additionally comply with numerous blog's as well as various other profile updates pertaining to numerous Bangalore Independent Escort are available.

    ReplyDelete
  38. A 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

    ReplyDelete
  39. I’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

    ReplyDelete
  40. Real 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.



    chicago builders

    ReplyDelete
  41. 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

    ReplyDelete
  42. Quickly this site will indisputably be famous among all blogging people, because of its fastidious articles or reviews.
    link

    ReplyDelete
  43. 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

    ReplyDelete
  44. Nice 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

    ReplyDelete
  45. Positive 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

    ReplyDelete
  46. Incredible information, do anybody mind simply reference back to it broker data entry

    ReplyDelete
  47. The 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

    ReplyDelete
  48. its 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

    ReplyDelete
  49. I 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

    ReplyDelete
  50. Excellent and very exciting site. Love to watch. Keep Rocking. Haus in Papenburg kaufen;

    ReplyDelete
  51. Some truly wonderful work on behalf of the owner of this internet site , perfectly great articles . Haus in Papenburg kaufen

    ReplyDelete
  52. Funky consumers build, data is quite worthwhile apart from important, Let's deliver website into the page. Construction Simco

    ReplyDelete
  53. This comment has been removed by the author.

    ReplyDelete
  54. Home stagers are normally extremely inventive commonly and can innovatively orchestrate certain bits of decorations or craftsmanship to make a new examine a home.condos downtown los angeles

    ReplyDelete
  55. I think this is an informative post and it is very useful and knowledgeable. therefore, I would like to thank you for the efforts you have made in writing this article. https://reamcity.com/

    ReplyDelete
  56. This is one of the alluring elements of property speculation. Since the length of rent is a huge component, it is significant at the hour of procurement to think about the length of rent at the point in time when the property is probably going to be re-involved. los angeles real estate blog

    ReplyDelete
  57. Like a Beginner, I'm completely discovering on the internet with regard to content articles that may be associated with help me personally. Thanks. white label real estate crowdfunding software

    ReplyDelete
  58. That is the excellent mindset, nonetheless is just not help to make every sence whatsoever preaching about that mather. Virtually any method many thanks in addition to i had endeavor to promote your own article in to delicius nevertheless it is apparently a dilemma using your information sites can you please recheck the idea. thanks once more. https://propertyinvestnment43.tumblr.com/post/664183338397024256/property-investment

    ReplyDelete
  59. I can’t believe focusing long enough to research; much less write this kind of article. You’ve outdone yourself with this material without a doubt. It is one of the greatest contents. cambodia real estate market

    ReplyDelete
  60. On my website you'll see similar texts, write what you think. immobilien kaufen

    ReplyDelete
  61. Wow, this is fascinating reading. I am glad I found this and got to read it. Great job on this content. I liked it a lot. Thanks for the great and unique info. cambodia real estate market report

    ReplyDelete
  62. You understand your projects stand out of the crowd. There is something unique about them. It seems to me all of them are brilliant. real estate company in cambodia

    ReplyDelete
  63. You there, this is really good post here. Thanks for taking the time to post such valuable information. Quality content is what always gets the visitors coming. real estate cambodia

    ReplyDelete
  64. Hey what a brilliant post I have come across and believe me I have been searching out for this similar kind of post for past a week and hardly came across this. Thank you very much and will look for more postings from you. The Folkadelics

    ReplyDelete
  65. Organizations. Real Estate Investment Trusts. Deal security from tax collection. Branch Profits Tax Interest pay. Business benefits. Pay from real property. Legislative center additions and third-country utilization of deals/impediment on benefits. https://shuttlesky.in/

    ReplyDelete
  66. I got too much interesting stuff on your blog. I guess I am not the only one having all the enjoyment here! Keep up the good work. https://www.thefolkadelics.com

    ReplyDelete
  67. You’ve got some interesting points in this article. I would have never considered any of these if I didn’t come across this. Thanks!. real estate cambodia sihanoukville

    ReplyDelete
  68. this is really nice to read..informative post is very good to read..thanks a lot! why invest in cambodia

    ReplyDelete
  69. We have sell some products of different custom boxes.it is very useful and very low price please visits this site thanks and please share this post with your friends. real estate in cambodia

    ReplyDelete
  70. Thanks for taking the time to discuss that, I feel strongly about this and so really like getting to know more on this kind of field. Do you mind updating your blog post with additional insight? It should be really useful for all of us. https://twitter.com/chenzhicambodia

    ReplyDelete
  71. As a seller of legal steroids, you can buy Crazy Bulk products, explore stacks and finally get the body you’ve always wanted fake id

    ReplyDelete
  72. A boutique Real Estate Corporate Law Firm located in North Miami, Florida. Serving the South Florida Community since the nineties. Advising Investors, buyers, sellers and corporations in the USA and Latin America. Mark rousso attorney

    ReplyDelete
  73. I wanted to thank you for this great read!! I definitely enjoying every little bit of it I have you bookmarked to check out new stuff you post. https://www.facebook.com/khmertimes/posts/3530583573834912?locale=en_GB

    ReplyDelete
  74. Positive 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. Tax IRS attorney

    ReplyDelete
  75. A real estate agent is a licensed professional who arranges real estate transactions, putting buyers and sellers together and acting as their representative in negotiations. Real estate agents usually are compensated completely by a commission—a percentage of the property’s purchase price—so their income depends on their ability to close a deal. New lenox IL Real Estate Agents

    ReplyDelete
  76. This is a great inspiring article.I am pretty much pleased with your good work.You put really very helpful information. Keep it up. Keep blogging. Looking to reading your next post. Tinley Park real estate agents

    ReplyDelete
  77. google and other search engines would always love organic seo and natural link building;; Freehold condo

    ReplyDelete
  78. Hello I am so delighted I located your blog, I really located you by mistake, while I was watching on google for something else, Anyways I am here now and could just like to say thank for a tremendous post and a all round entertaining website. Please do keep up the great work. homer glen IL Real Estate Agents

    ReplyDelete
  79. I haven’t any word to appreciate this post.....Really i am impressed from this post....the person who create this post it was a great human..thanks for shared this with us. mokena IL realtors

    ReplyDelete
  80. Excellent article. Very interesting to read. I really love to read such a nice article. Thanks! keep rocking. Chen Zhi Cambodia

    ReplyDelete
  81. hello!! Very interesting discussion glad that I came across such informative post. Keep up the good work friend. Glad to be part of your net community. مدونة وصلت

    ReplyDelete
  82. Excellent to be visiting your blog again, it has been months for me. Rightly, this article that I've been served for therefore long. I want this article to finish my assignment within the faculty, and it has the same topic together with your article. Thanks for the ton of valuable help, nice share. https://www.khmertimeskh.com/50944979/prince-group-chairman-neak-oknha-chen-zhi-makes-1m-donation-to-help-laos-fight-the-pandemic/

    ReplyDelete
  83. Even if you don't use the ladder with any regularity, it is best to make sure that it's in good, particularly if decide to transport especially heavy or bulky items approximately or down from your loft. Here's some information of a quality loft ladder from TB Davies:  https://topsurreyloftsreviews.co.uk

    ReplyDelete
  84. This is not a how to article but an article that gives you some information about things to do to get started. industrial flex space for rent

    ReplyDelete
  85. Cash back is the amount you receive when you take out a mortgage, the amount may be fixed or a percentage of your mortgage amount.cheap property loan singapore

    ReplyDelete
  86. I 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. Sell my house fast atlanta

    ReplyDelete
  87. I am glad for writing to make you understand of the beneficial discovery my wife’s princess encountered checking your web site. She realized some details, including how it is like to possess a marvelous giving spirit to have the mediocre ones clearly gain knowledge of a number of tricky subject matter. You truly exceeded people’s desires. Thanks for coming up with the beneficial, trustworthy, informative and as well as easy tips on the topic to Evelyn. Local Dwelling

    ReplyDelete
  88. Thank you because you have been willing to share information with us. we will always appreciate all you have done here because I know you are very concerned with our. Chen Zhi Cambodia

    ReplyDelete
  89. نظراً لأهمية الحصول على رقم محامي في الرياض شاطر ومختص بموضوع قضيتك في ظل تزايد المنافسة وازدياد عدد المحامين بشكل كبير بالرياض. رقم محامي في الرياض للاستشارات

    ReplyDelete
  90. You made such an interesting piece to read, giving every subject enlightenment for us to gain knowledge. Thanks for sharing the such information with us to read this... cambodia prince chenzhi

    ReplyDelete
  91. Thank you for some other informative website. The place else may just I get that kind of information written in such a perfect method? I have a venture that I am simply now running on, and I’ve been at the glance out for such info. https://eatatbillybombers.wixsite.com/business-charity/post/cambodian-skills-development-to-help-lower-unemployment

    ReplyDelete
  92. The stunt starts with a gainful advertising plan and afterward rehearsing a trained work to the promoting anticipate an even premise. Dan Chapman

    ReplyDelete
  93. Another way to generate real estate leads is by advertising. If you are a real estate agent, broker, or business person, advertising your services may be a good way to generate real estate leads. sell your house with us

    ReplyDelete
  94. Prestige Park Grove, Whitefield is an upcoming newfangled residential township curated amidst every urban convenience by a well-known real estate giant in South India – Prestige Group Prestige Park Grove

    ReplyDelete
  95. Prestige Park Grove, Whitefield is an upcoming newfangled residential township curated amidst every urban convenience by a well-known real estate lentor modern

    ReplyDelete
  96. I read your post and got it quite informative. I couldn't find any knowledge on this matter prior to. I would like to thanks for sharing this article here.만안피쉬아로마
    분당피쉬아로마
    중원피쉬아로마
    수정피쉬아로마
    영통피쉬아로마
    팔달피쉬아로마
    피쉬아로마
    피쉬아로마

    ReplyDelete
  97. This comment has been removed by the author.

    ReplyDelete
  98. So you get in the negotiations process. As a hint, when you realize the over pricing phenomenon, you have to understand that this happens when the real estate agent , or seller is aware of the real estate property's value, and he tries his luck in a raising price.dha karachi city

    ReplyDelete
  99. So you get in the negotiations process. As a hint, when you realize the over pricing phenomenon, you have to understand that this happens when the real estate agent , or seller is aware of the real estate property's value, and he tries his luck in a raising price.Sell My House Fast

    ReplyDelete
  100. Chennai, the pink city. That does not know regarding it! www.codella.biz

    ReplyDelete
  101. We should begin with the property tab by renaming the tab "Property" and adding this title in cell A1 of the worksheet . Form Follows Efficiency

    ReplyDelete
  102. I appreciate this article for the well-researched content and excellent wording. I got so interested in this material that I couldn’t stop reading. Your blog is really impressive. suburb reviews

    ReplyDelete
  103. This is a separate waterproof cover that goes over the tent to provide extra protection from rain and wind. Some tents come with a built-in rainfly, while others offer detachable ones.shelter nz

    ReplyDelete
  104. This article emphasizes the importance of licensing in the real estate industry. Having a license ensures professionalism and ethical practices. When dealing with real estate transactions or investments like property bonds, working with licensed professionals is crucial for a secure and compliant experience.

    ReplyDelete
  105. Please continue this great work and I look forward to more of your awesome blog posts. https://www.miamiinsulationexperts.com/

    ReplyDelete

Ang Pambansang Blog ng Pilipinas Wazzup Pilipinas and the Umalohokans. Ang Pambansang Blog ng Pilipinas celebrating 10th year of online presence
 
Copyright © 2013 Wazzup Pilipinas News and Events
Design by FBTemplates | BTT