I was reading the Philippine Star last January 17, 2008 when I came across this article about the new rules for the realty brokers. Kudos to DTI. Now it would easier to spot unlicensed brokers, including those who don't renew their license. You just have to find out what realty board they belong to and simply check if they are a member. See article below.
The Department of Trade and Industry (DTI) has issued a new directive for real estate brokers, appraisers and consultants in an attempt to protect the public from fly by night operators.
Under a new administrative order, real estate practitioners must be a member of an accredited real estate organization before a person can be given a license.
According to the DTI, membership to an accredited real estate organization contributes to the protection of the public’s interest since it addresses colorum real estate practice, and ensure compliance and observance of the real estate practice on ethics and standards, continuing education and other licensing regulations to enhance consumer welfare and protection.
Also, the new regulation underscores that membership to these organizations will be institutionalized in order to support private sector initiatives in self-policing the conduct of real estate practice.
It likewise encourages other real-estate organizations and association to accredit themselves so the new administrative order will not be limited to members of Realty Service Council of the Philippines (RESCOP), but also to new associations of practitioners.
Source: Philippine Star - Jan 17, 2008 by Ma. Elisa Osorio