Philippine Real Estate Choices

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Pinoy Real Estate

.A blog of the latest real estate news, information and properties in the Philippines. Filipinos or not, use this as a guide on how to make make a real estate purchase or rental in the Philippines. We will also feature real estate properties worth checking out. Properties like Alabang, Fort Bonifacio Global City, Makati, Ayala Alabang, Laguna, Tagaytay, Batangas, and Boracay.

Why Hire a Licensed Real Estate Broker?

Being a first class subdivision, the Village residents deserves only the best and that is getting the right people to work with.  Dealing with colorum brokers or agents is something I wouldn’t consider appropriate. Why? They are not regulated nor equipped to handle different real estate situations. They cannot be controlled as they go in and out of the village without notice bringing unscreened clients all for the simple reason of earning money. The time has come that we set a standard for hiring real estate broker. That is to deal only with Licensed Real Estate Broker or Agent. 

Here are the reasons why:

·    Protection. The Real Estate Service Act (or RESA law) was signed to protect the public from fraudulent transactions done by colorum real estate agents. If you deal with a licensed broker, the government knows where to find them as they have their personal information like home address, board affiliations, photos and other info while the colorum can just disappear after getting paid.  For the licensed one, you can file a complaint with PRC or the broker’s real estate board should there be a problem.

 

·      Experience & Expertise.  Before they can renew their license, a licensed real estate broker are required to attend Continuing Program Education (CPE) These keeps them updated with the latest real estate laws and trends in the country. 
They can give the best advice on a real estate situation. The colorums don’t attend these seminars. Their goal is just to make money.

 

·        Market Conditions Information. They can disclose market conditions.  Their first-hand information will help you in your selling, buying or leasing process.

 

·     Professional Networking Brings a network of known, trusted real estate professionals.  They have a Multiple Listing (MLS) Group where they share their listings or requirements thus increases their chances of closing deals faster.

 

·        Give unbiased realistic view of your home and other options. Unlike the seller and buyer, they have no emotional attachment to the property.  

 

·        Buffer.  They filter out all the emotions that happens during the negotiation stage so that the parties involved can focus on closing the transaction.

 

Contact a LICENSED REAL ESTATE BROKER the next time! You’ll be glad you did.

 

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