Any aspiring entrepreneurs or anyone who dreams of achieving financial freedom has a natural talent for selling. According to some prominent entrepreneurs, selling is one of the key skills that one must master in order to achieve one’s financial goals. That’s why some people try to enter this lucrative industry and strive to earn millions through commissions. But realty service here in the Philippines is more than just selling. No matter how good you are at selling, one must still be authorized by the Professional Regulation Commission (PRC) to become a legitimate real estate practitioner. For those who will practice the real estate profession without the appropriate license, a fine of not less than Two hundred thousand pesos (P200,000.00) or imprisonment of not less than Four (4) years, or both such fine and imprisonment upon the discretion of the court shall be imposed.
In July 30, 2009, the Real Estate Service Act or more commonly known as the RESA law, took effect and was enacted by law “to recognize the vital role of the real estate service practitioners in the social, political, economic development and progress of the country by promoting the real estate market, stimulating economic activity and enhancing government income in real property-based transactions.” An aspiring real estate practitioner must have formal education and pass the board exam before one must practice the profession. One profession under the law is the Real Estate Broker, who acts as an agent of a party in a real estate transaction to offer, advertise, solicit, list, promote, mediate, negotiate or effect the sale, purchase, exchange, mortgage, lease or joint venture, or other similar transactions on real estate or any interest therein. Every real estate broker is entitled to accredit 20 real estate salesperson to promote realty service in his behalf.
The real estate profession can be likened to an entrepreneur and can be a lucrative business if you are part of a competent team. Landlord Realty accepts applications for real estate salespersons and we provide professional guidance to new players in the industry. To become part of our team and the industry, here are the requirements provided by the Professional Regulation Commission (PRC):
For Real Estate Salesperson with no DTI / HLURB Registration.
- Original and Photocopy of NSO Certificate of Live Birth / Birth Certificate
- Original and Photocopy of NSO Marriage Certificate / Contract (For married female only)
- Original and Notarized Certificate of Educational Attainment on the Completion of at least two (2) years of College
- Original NBI Clearance (Valid)
- Original and Notarized Certification of twelve (12) credit units on Real Estate Brokerage.
- Photocopy of Broker’s PRC License with 3 signatures 7. Photocopy of Community Tax / Cedula
For more information you may contact us directly at 09171705673 or you can send us an email to [email protected]