Wednesday, December 29, 2010

Comprehensive Real Estate Seminar & Review (CRESAR) for March 2011 Real Estate Brokers' Licensure Examination

PAREB-Pasig Realtors Board Inc.
The PAREB-Pasig Realtors Board Inc. (PRB) invites you to attend the Comprehensive Real Estate Seminar and Review (CRESR)in preparation for the upcoming licensure examination for Real Estate Brokers scheduled on March 27, 2011, where aspiring real estate brokers won’t need to take a 4-year bachelor course on real estate. The licensure examination is in compliance to Article III Section 12 of the Real Estate Service Act of the Philippines or the RA 9646.
The 120-training hours, required by the Professional Regulatory Commission (PRC) and by the Professional Regulatory Board for Real Estate Service (PRB-RES), is in accordance to Article III Section 14 b of the Implementing Rules and Regulation (IRR) of the RESA Law:
“A holder of a relevant bachelor’s degree from a state university or college, or other educational institution duly recognized by the CHED: Provided, That he/she has completed at least one hundred twenty (120) credit units of real estate subjects and training from accredited service providers, as may be determined by the Board; Provided, further, That as soon as a course leading to a Bachelor’s degree in Real Estate Service is implemented by the CHED, the Board shall make this course a requirement for taking the licensure examination.”
PAREB-Pasig Realtors Board Inc. will initially conduct a 60-hour classroom training which is slotted on January 17, 19, 21, 24, 26, February 2 and 4 with the seminar fee of Php 10,000. Inclusive of the seminar or review are the morning and afternoon snacks, lunch and coffee, the seminar materials and the certificate of attendance.
The lecturer or the resource speaker will be Atty. Ariel T. Martinez, one of the most sought after speaker and lecturer in the country.
To all who aspire to become Licensed Real Estate Broker, this is the opportunity that will lead you to become a Professional Real Estate Broker in the country.

Very truly yours,

President and Chair, PRB CRESAR Committee
CRESAR 2011 for March 27, 2011 Brokers Licensure

The licensure examination for the applicants for real estate brokers shall cover, but not limited to, the following:
  1. Fundamentals of property ownership;
  2. Code of Ethics and Responsibilities;
  3. Legal Requirements for Real Estate Service Practice;
  4. Real Estate Brokerage Practice;
  5. Subdivision Development;
  6. Condominium Concept and Other Types of Real Estate Holdings;
  7. Real Estate Finance and Economics;
  8. Basic Principles of Ecology;
  9. Urban and Rural Land Use;
  10. Planning, Development and Zoning;
  11. Legal Aspect of Sale, Mortgage and Lease;
  12. Documentation and Registration;
  13. Real Property Laws and Taxation; and
  14. any other related subjects as may be determined by the Board
LOCATION: (Click Image to Enlarge)

 One Corporate Center
Register Now!

For more information, please contact:
Vicky Collantes-910.5546/0922.834.0653

EMANUEL C. FLORENDO2010 President-PAREB-Pasig Realtors Board, Inc.PRC Lic. No. 0000214DTI REBLNo. 12301 

Monday, November 15, 2010

Attention: Real Estate Consultants/Appraisers/Brokers the 1st Batch of registrant without Examination approved by PRC has been released!!!

Congratulations to all those Real Estate Consultants, Appraisers and Brokers that has been approved by the Professional Regulatory Commission. The first batch that has been approved last October 2010 has already been released in public last November 8, 2010 in the PRC website and was also published at Manila Bulletin last November 10, 2010.

It states that 10 Real Estate Consultants, 33 Real Estate Appraisers and 531 Real Estate Brokers applicants were approved for registration without examination by the Examination Committee for Real Estate Service in Manila

The members of the Board of Real Estate Broker are Dr. Eduardo G. Ong, Chairman; Hon. Bansan C. Choa, Hon. Ramon C.F. Cuervo III, Hon. Florencio C. Dino II and Hon. Rafael M. Fajardo , Members.

Registration for the issuance of Professional Identification Card (ID) and Certificate of Registration will start on Tuesday, November 9, 2010 but not later than November 19, 2010. Those who will register are required to bring the following: duly accomplished Oath Form or Panunumpa ng Propesyonal, current Community Tax Certificate (cedula), 2 pieces passport size picture (colored with white background and complete name tag), 1 piece 1x1 picture (colored with white background and complete name tag), 2 sets of metered documentary stamps, and 1 short brown envelope with name and profession; and to pay the Initial Registration Fee of P600 and Annual Registration Fee of P450 for 2010-2013. Registrants are required to personally register and sign in the Roster of Registered Professionals.
The oath taking ceremony will be held before the Board on Monday, November 29, 2010, at 1:00 clock in the afternoon at the Fiesta Pavillion, Manila Hotel, One Rizal Park, Roxas Boulevard, Manila.

Selling of oath taking tickets will be from November 9, 2010 until November 26, 2010 only.

For those who have not yet applied for their licensed, submit your application now and be the next batch to be included in the newly professionalized world of Real Estate in the Philippines

Saturday, October 2, 2010

A look at the RESA Law

Philippine Star
October 1, 2010

By: Atty. Manuel M. Serrano

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.
More important is the fact that real estate developers have acquired, through years of practice and experience, greater knowledge, expertise, vision and professionalism in providing real estate service. For developers to go to brokers and middlemen, most of whom are in their employ anyway, is illogical, to say the least. Because developers, whether natural or juridical, place greater premium on giving quality service compared with brokers and middlemen whose major interest is to earn as high a commission as possible. That is why developers should be included in the exemption and not be subjected to licensing and registration the law now requires.
From a legal standpoint, the spirit on which the law was premised appears shaky and at best, unconstitutional, because the prohibition is not germane to the subject matter of the RESA Law. First, it is one thing to regulate the practice of real estate, which the law mandates, and it is quite another thing to prohibit developers from engaging in the practice of real estate service in connection with their own properties. The latter is not embraced by the former. This is obviously a violation of Section 26 (1) of Article VI of the Philippine Constitution which states that “every bill passed by the Congress shall embrace only one subject which shall be expressed in the title thereof.” 
The prohibition against real estate developers from engaging in real estate service is an unreasonable and unlawful deprivation of their property rights, in violation of Section 1, Article III of the Constitution, which holds, among others, that “no person shall be deprived of life, liberty or property without due process of law.” It also impinges on their right to dispose of their property under Article 428 of the Civil Code.
The RESA Law simply puts developers at the mercy of brokers and middlemen who from the start had no participation in the development and conceptualization of the properties they will be servicing. Thus CREBA is urging the Professional Regulatory Commission to suspend the aforementioned provisions in the RESA which prevent developers from practicing real estate service on their own or as an alternative, exempt real estate developers from the licensing and registration requirements.
(Atty. Serrano is the chairman of the Chamber of Real Estate and Builders Associations Inc. or CREBA)

Philippine Star
October 1, 2010

By: Atty. Manuel M. Serrano

Friday, August 6, 2010


Continuing Professional Education Seminar

»»Who Should Attend
»»CPE Topics
»»Resource Speaker: Atty. Ariel T. Martinez
»»Vicinity Map of Development Academy of the Philippines
»»Seminar Fess & Registration Procedure
Register Now!

For more information, please contact:
Manny Florendo-0917.830.7742
Olive Ramos-871.6678
Pepe Galvez-0918.925.2637
Raffy Salaveria-211.5754
Diana Delos Reyes-0917.791.1008
Please forward to your Friends and Associates in Real Estate.
Thank You.

Saturday, July 24, 2010


The much awaited Implementing Rules and Regulations of R.A. 9646 or otherwise known as The Real Estate Service Act of 2009 was published today, July 24, 2010 Saturday in the Philippine Daily Inquirer Classified Adds Section and in Philippine Star Metro Section. After the 15 days of publication, the RESA Law will take effect.
The IRR were all signed by the Professional Regulatory Board of Real Estate Service (PRBRES) and of the Professional Regulatory Commission (PRC).

Congratulations to all Real Estate Consultants, Appraiser, Assessor, Brokers, Sales person and to the Regulatory Board headed by Hon. Chairman Eduardo G. Ong and to its 4 honorable members. August 7, 2010 will be the start of the new Real Estate Industry in the Philippines.

Thursday, July 8, 2010

Real estate board holds hearings to finalize new law

Manila Bulletin
July 5, 2010

The Professional Regulatory Board of Real Estate Service (PRB-RES) has called on real estate brokers, appraisers, assessors and other affected sectors of the Real Estate Service Act (R.A. 9646) to submit their comments on the new law’s proposed Implementing Rules and Regulations (IRR) that is being finalized for implementation by July.

Read more:

Manila Bulletin
July 5, 2010

Saturday, July 3, 2010

Board sets hearing on RESA rules

Philippine Star
July 2, 2010

MANILA, Philippines - The Professional Regulatory Board of Real Estate Service (PRB-RES) has called on real estate brokers, appraisers, assessors and other affected sectors of the Real Estate Service Act ( R.A. 9646) to submit their comments on the new law’s proposed Implementing Rules and Regulations (IRR) that is being finalized for implementation by July next month.
Dr. Eduardo. G. Ong, PRB-RES chairman, said during a public hearing at the First North Luzon Regional Real Estate & Housing Conference of the Chamber of Real Estate & Builders’ Associations, Inc. (CREBA) held on June 11 in Urdaneta City, Pangasinan.
The North Luzon consultation on the RESA IRR was organized by regional vice-president for North Luzon, Phil B. Delfino and hosted by the CREBA-Pangasinan Chapter led by Engr. Leo Sy.
Other speakers in the CREBA conference, aside Dr. Ong, were Chairman Nestor Mangio of the Clark International Airport Corporation, Regional Director Teresita V. Galacgac of the Housing & Land Use Regulatory Board, Director Rodolfo B. M. Bueno of the Department of Agrarian Reform, Land Registration Authority Manager for Land Information One Stop-Shop Engr. Emilio S. Pugongan, Region 1 Environmental Management Bureau Director Joel Salvador and Assistant Chief Cecilia Campos of the Bureau of Internal Revenue’s (BIR) Large Taxpayers’ Division.

Philippine Star
July 2, 2010