10 FAST FACTS YOU NEED TO KNOW ABOUT A REAL ESTATE BROKER
1. He/She is a holder of Baccalaureate Degree.
2. He/she has taken and passed the PRC LICENSURE EXAMINATION for Real Estate Brokers.
3. He/ she is a holder of PRC- issued Real Estate Broker’s ID License.
4. He/she is continually attending seminars/trainings within the span of 3 years, in compliance with PRC’s Continuing Professional Development (CPD) Program.
5. He/she is bonded by a surety bond in the exercise of his/her profession.
6. He/she is bound by the Code of Ethics of Professionals.
7. He/she is allowed to supervise 20 PRC accredited Real Estate Salespersons under his/her name.
8. He/she is a holder of an HLURB/ DHSUD issued ID when engaged in project selling.
9. He/she is again bonded by a surety bond in the exercise of his/her engagement of project selling
10. He/she is a duly registered and licensed natural person who, for a professional fee, commission or other valuable consideration, acts as an agent of a party in a real estate transaction to offer, advertise, solicit, list, promote, mediate, negotiate or effect the meeting of the minds on the sale, purchase, exchange, mortgage, lease or joint venture, or other similar transactions on real estate or any interest therein.
Now that you know, are you willing to deal and entrust your hard-earned investment to ILLEGAL and UNLICENSED PRACTITIONERS in your real estate transaction needs?
Not only that, you are enticing them to commit a CRIME punishable under R.A. 9646, otherwise known as the Real Estate Service Act of 2009.
DEAL ONLY WITH A LEGITIMATE BROKER so you will have a peace of mind on your real estate investment.
How To Process/Renew PRC License/ID Online
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