The 1st Real Estate Salesperson Training Seminar to be held in City of San Fernando, Pampanga by REBAP Pampanga Chapter!

Last 20th of March 2019, there developments coming from the Professional Regulations Board on Real Estate Services - Professional Regulations Commission (PRBRES - PRC) on the training of real estate salesperson which is a 15  credit units approved and sanctioned by PRC itself through Real Estate Brokers Association of the Philippines, Inc. - Pampanga Chapter. It is a streamlined sales training to be given t the participants particularly the entry level. Basically an "Introduction to Real Estate Seminar" for those who have zero knowledge and at the same time those who have not applied yet to PRC on their accreditation as legitimate real estate salesperson.

Caveat Emptor: Is Your Real Estate Professional a Licensed / Accredited Practitioner?

Professional Regulations Commission (PRC)

Have you transacted your real estate properties to an agent or a broker?

Recently, there is uproar and slur from a Facebook group licensed real estate professionals and unlicensed real estate agents who are pitted against each other from the practicing real estate particularly focus on the Republic Act 9646:  Philippine Real Estate Service Act of 2009. It has been a debacle for more than a decade now on what is happening into the real estate industry which have seen numerous upheavals with these two group because of lack of regulatory agency to monitor, lack of law enforcement by assigned agencies and lack of internal policing of professional real estate groups of their members against malpractice and violation of Republic Act 9649 also known as Real Estate Service Act of 2009.

Republic Act 9646: The Real Estate Service Act of 2009

Photo Credits

An overview of Republic Act 9646: The Philippine Real Estate Act of 2009 which was approved and signed by former president and now Congresswoman Gloria Macapagal-Arroyo last June 29, 2009. It was inevitable to have this law after 20 plus years of legislation by congress and lobbied by professional real estate organization to protect the real estate industry from malpractice, fraud and illegal activities that have plagued investing public and real estate professionals.