PAREB-Palawan Realtors' Board, Inc.

"DONATE USED CLOTHES FOR A CAUSE"

Calling our fellow real estate practitioner in Puerto Princesa City to donate your used clothes for a good cause to support the CLEAN UP drive of Department of Environment and Natural Resources Office(DENR)to prevent oil spill which is now reached palawan shoreline.

We will appreciate your donation . You can drop your donation to Oma Y Pedro ,Barangay San Pedro,Puerto Proncesa City. We can also pick up your donation.

Please contact 09272000353-jha for more infornation about this drive.

Thank you and God Bless your generous heart.

"DONATE USED CLOTHES FOR A CAUSE"

Calling our fellow real estate practitioner in Puerto Princesa City to donate your used clothes for a good cause to support the clean up drive of Department of Environment and Natural Resources Office(DENR)to prevent Oil spill who is now reached palawan shoreline.

We are very much appreciated your donation . You can drop your donation yo Oma Y Pedro ,Barangay San Pedro,Puerto Proncesa City. We can also pick up.

Please contact 09272000353-jha for more infornation about this drive.

Thank you and God Blesa your generous heart.

RESA Advocates

For Brokers and their Salespersons, please take note!

Sy-blings' Kultura store wins P517M tax case: CTA says BIR fumbled tax assessments with blank due dates

bilyonaryo.com.ph Kultura Store Inc., the SM Group's retailing arm specializing in Philippine arts and craft, has won a P516.823 million tax deficiency case in 2010 filed by the Bureau of Internal Revenue.

William L. Floresta, REC, REA, REB

Tax Amnesty Law Guidelines

Ifilneur Realty Solutions

The Difference between the Certificate of Title versus Tax Declaration in the Philippines

CERTIFICATE OF TITLE
1. A document evidencing a right of ownership to a property
2. A document that attest to the fact that the person named is the owner of the property described therein subject to liens and encumbrances noted on it
3. It is registered with the Register of Deeds of the province or city where the land is located
4.The Certificate of Title is indefeasible and imprescriptible
5. All claims to the land are quieted upon issuance of this document
6. Recorded with the Register of Deeds of the municipality, city, or province where the land is located.

TAX DECLARATION
1. A document that show good sign of possession only in the concept of owner, not ownership
2. Not conclusive evidence of ownership to property, but only a proof of payment of realty taxes
3. Recorded with the Assessor’s Office of every municipality or city where the land is located

Ang pagmamay-ari ng lupa ay napapatunayan sa pamamagitan na hawak na titulo na kung tawagin ay ang Transfer Certificate of Title (TCT) o Condominium Certificate of Title (CCT). Ayon sa maraming Supreme Court decisions “the best proof of ownership of a piece of land is the Certificate of Title” (Halili vs. Court of Industrial Relations, 257 SCRA 174 [1996]). Ito ang tinatawag na titulo ng lupa at wala nang iba pa.

Ang "tax declaration ay hindi titulo ng lupa. Maraming Supreme Court decision din ang nagsasabi na "Tax declarations and receipts are not conclusive evidence of ownership. At most, they constitute mere prima facie proof of ownership of the property for which taxes have been paid. In the absence of actual, public and adverse possession, the declaration of the land for tax purposes does not prove ownership." Ibig sabihin nito na ang tax declaration ay hindi siguradong ebidensiya ng pagmamay-ari ng lupa. While tax declarations and receipts are not conclusive evidence of ownership and do not prove title to the land.

Ang tax declaration ay pwedeng i-apply para maging titulo. May dalawang pamamaraan ng pagpaparehistro ng lupa, ito ay ang sumusunod:

1. Judicial Proceeding – kung saan kinakailangan ninyong magfile ng petisyon para sa registration sa korte.

2. Administrative Proceeding –ito ay pamamaraan kung saan mag-file ng application para sa “Homestead Patent” sa DENR at ang registration ng patent na ito ang magiging batayan para sa pag-isyu ng Original Certificate of Title alinsunod sa Commonwealth Act 141 o ang “THE PUBLIC LAND ACT”.

Para sa karagdagang impormasyon para sa pagpatitulo pwede po kayo bumisita sa aming office every Monday to Friday Ifilneur Realty Solutions located at 2/F Meggy's Arcade 1, Gov. Villavert St. Brgy 1. San Jose, Antique, Philippines.

Day 1
Real Estate Salesperson Training-Entry 1



See u again tomorrow !!!
with our special Guest Developer
Speaker: William L.Floresta Rea,Reb,Rec

BE A PRC ACCREDITED REAL ESTATE SALESPERSON
ATTEND IN OUR UPCOMING REAL.ESTATE SALESPERSON-Entry Level Training
FEW SLOTS LEFT
CALL/TEXT NOW
October 25-26,2019 BALCONY RESTAURANT (near Massway mall)

Republic Act 9646 (RESA Law) an act regulating the practice of Real Estate in the Philippines.
Say "NO to COLORUM" , only licensed practitioners in real estate industry can transact be business in real estate related transactions

Approved Applications for Real Estate Salespersons As of September 2019

WE ARE INVITING YOU TO ATTEND IN OUR UPCOMING REAL ESTATE SALESPERSON SEMINAR-ENTRY LEVEL ON OCTOBER 25-26,2019 BALCONY RESTAURANT (NEAR MASSWAY MALL) 8:30AM-5PM
BE A PRC ACCREDITED REAL ESTATE SALESPERSON.
FEW SLOTS LEFT
RESERVE YOU SLOT
Call 09272000353

realestateserviceact.blogspot.com Please click on link below for complete list as of September 2019 [ For previous approved lists of salespersons go https://www...

Approved Applications for Real Estate Salespersons As of September 2019

CONGRATULATIONS!!
2019 APPROVED APPLICATIONS FOR REAL ESTATE SALESPERSON
https://realestateserviceact.blogspot.com/2019/09/approved-applications-for-real-estate.html?spref=fb&m=1

realestateserviceact.blogspot.com Please click on link below for complete list as of September 2019 [ For previous approved lists of salespersons go https://www...

Real estate is still the best investment you can make today, millionaires say—here's why

cnbc.com Billionaire Andrew Carnegie famously said that 90% of millionaires got their wealth by investing in real estate.

New BIR form 2316

BIR Update - new 2316 form

Happy Monday Po..

Last day of our Early Bird Promo for Real estate Seminar
Avail now and be a PRC Accredited

Reserve your slot Now!!!!

El Yandre Ber

Under the Implementing Rules and Regulations of RESA, real estate service practitioners include “Real Estate Salespersons.”

A real estate salesperson is referred to as: a duly accredited natural person who performs service for, and in behalf of a Real Estate Broker who is registered and licensed by the Professional Regulatory Board of Real Estate Service (PRB-RES) for and in expectation of a share in the commission, professional fee, compensation or other valuable consideration.” [Rule I, Sec. 3-g (5)]

No examination is required by real estate salespersons under RESA LAW, but as a minimum requirement, the applicant must possess these qualifications:

✅ Filipino citizen;
✅ Must have completed at least two (2) years or 72 units of college education;
✅ Must be of good moral character and must not have been convicted with any crime involving moral turpitude; and
✅ Must have undergone training and seminars of at least twelve (12) credit units in real estate brokerage.

The following documents shall be prepared and submitted by the applicant Real Estate Salesperson:

✅ Original and photocopy of NSO Birth Certificate/Certificate of Live Birth.
✅ 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.
✅ 1 x 1 photo on white background, with name tag below showing complete name.
✅ Community tax certificate (CTC) for the current year.
✅ Duly accomplished application form.

Following are the steps to be taken when applying as real estate salesperson at the Professional Regulatory Commission (PRC):

✅ Submit the filled-up or accomplished application with documents for pre-evaluation to the Office of the Secretary, PRBs or of the Assistant Secretary, PRBs at the PRC Central Office, and the Regional Office processing counters.
✅ Proceed to the cashier, for payment of fees Php600.00
✅ Proceed to the Customer Service Center for metered documentary stamp.
✅ Submit duly accomplished application form to the Office of the Assistant Secretary, PRBs.
✅ Verify the status of application at the PRC website: www.prc.gov.ph.

All registered and accredited real estate salespersons shall be issued identification cards and such registration shall be renewable every year on the real estate salesperson’s birth month.

Principally, real estate salespersons are under the direct supervision and accountability of a real estate broker. As a sub-agent under the agency of a licensed real estate broker, the following are the limits and restrictions of the practice of a real estate salesperson:

Real estate salespersons cannot by themselves, become signatories to a written agreement involving a real estate transaction unless the real estate broker who had direct supervision and accountability over them is also a signatory thereto.

No real estate salesperson, either directly or indirectly, can negotiate, mediate or transact any real estate transaction for and in behalf of a real estate broker without first securing an authorized accreditation as a real estate salesperson for the real estate broker, as prescribed by PRB-RES.

A real estate broker shall be guilty of violating the new real estate law for employing or utilizing the services of a real estate salesperson whom he/she has not secured the required accreditation from PRB-RES prior to such employment.

No salesperson shall be entitled to receive or demand a fee, commission or compensation of any kind from any person, other than the duly licensed real estate broker who has direct control and supervision over him, for any service or work done by such salesperson in any real estate transaction.

What many seem to ignore is the vital role that real estate salespersons contribute to the well-being of the real estate business and industry. The unsung heroes of real estate are thrust in the background of the real estate service practice simply because their functions and responsibilities in real estate world are not given much importance.

With the enactment of the REAL ESTATE SERVICE ACT (RESA), real estate salespersons’ role and function in the real estate industry is given more life. This is because they shall be accredited, given recognition and are required to have their own professional licenses as real estate service practitioners by the PRB-RES and PRC.

What is the nature of the job of a real estate salesperson? The new set-up under RESA and the real estate service practice calls for licensed real estate salespersons to be under a registered real estate broker. The broker will employ the real estate salesperson in his office and the company that is established, gives support in the salesperson’s undertaking and is obliged to supervise the activities and transactions entered into by the real estate salesperson in his employ. In return, the employed salesperson share in the income received by the real estate broker.

Almost all real estate salespersons are paid on commission (professional fees) basis, which result either from property and listings they sell or projects that they market. The essential point in his job is the undertaking that selling real estate depends on producing tangible results, that is, from sales generated. One of the real attractions of the occupation is that you can pursue your career in a manner that is compatible with your own interest, personality and values. Herein lies the challenge of the task.

As a start, the real estate salesperson should chart his career in real estate if he intends to be successful in this field. Success in real estate or any endeavor for that matter, does not come easy and in a short period of time. It takes years, lot of hard work, unending sacrifices, even frustrations, disappointments, and the need of continuing challenges to improve one’s craft. Financial rewards come from it and afterwards.

PAREB-Palawan Realtors' Board, Inc.

MODULE 1 OF SALESPERSON TRAINING IS NOW IN PALAWAN

Attend Po kau Ng Real Estate Seminar para sa PRC accreditation Ng new Sales Person
Only 1,000 pesos to Reserve,
limited slots lng Po...

When:October 25-26,2019
Venue: Dj Balcony Restaurant,Near Massway mall

Please contact Jan 09262000353
For more details

Good news real estate agents!

So happy to hear this update from PRBRES. Salespersons will now have an oathtaking and pinning ceremony at PRC just like brokers. Love this! Super happy for agents who are law-abiding citizens by being PRC-accredited.
In our industry where scammers and unethical agents abound, it is about time that we recognize the professional agents from the rest of those who continue to violate RESA RA 9646 and do colorum practice despite encouragements from real estate organizations and authorities. What are you waiting for? Do you want PRC PRBRES to show up during your transactions as an illegal agent?

Those of you who are in the process of completing your requirements, this is so nice diba? 😊🙏
Looking forward to the oathtaking and pinning ceremony of my agents in .
Good job

New development, infra projects to rise in Irawan

palawandailynews.com The ballooning population, heavy traffic and congestion in the city’s urban center compelled the development planners to expand Puerto Princesa’s development to one of its suburban areas- Barangay Irawan. Barangay Irawan is some 10 kilometers from the city’s urban center. Mayor Lucilo R. Bayro...

We are inviting all Real Estate Practitioners, PALREB MEMBERS and Brokers

2019 Real Estate Accreditation Training for
New SALESPERSON Module 1 is now in Puerto Princesa

Certificate of Training Seminar(15 units)

When:October 25-26, 2019
9:am to 5pm
Venue:DJ Balcony Restaurant,North National Highway ,Brgy. Tiniguiban,(near Massway mall)

Be a PRC Accredited Salesperson
Avail.our early bird promo for only. P2,500.00 until Sept.30, 2019 only.

Please contact globe:09272000353 smart:09478025237
For more details.

Under the Implementing Rules and Regulations of RESA, real estate service practitioners include “Real Estate Salespersons.”

A real estate salesperson is referred to as: a duly accredited natural person who performs service for, and in behalf of a Real Estate Broker who is registered and licensed by the Professional Regulatory Board of Real Estate Service (PRB-RES) for and in expectation of a share in the commission, professional fee, compensation or other valuable consideration.” [Rule I, Sec. 3-g (5)]

No examination is required by real estate salespersons under RESA LAW, but as a minimum requirement, the applicant must possess these qualifications:

✅ Filipino citizen;
✅ Must have completed at least two (2) years or 72 units of college education;
✅ Must be of good moral character and must not have been convicted with any crime involving moral turpitude; and
✅ Must have undergone training and seminars of at least twelve (12) credit units in real estate brokerage.

The following documents shall be prepared and submitted by the applicant Real Estate Salesperson:

✅ Original and photocopy of NSO Birth Certificate/Certificate of Live Birth.
✅ 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.
✅ 1 x 1 photo on white background, with name tag below showing complete name.
✅ Community tax certificate (CTC) for the current year.
✅ Duly accomplished application form.

Following are the steps to be taken when applying as real estate salesperson at the Professional Regulatory Commission (PRC):

✅ Submit the filled-up or accomplished application with documents for pre-evaluation to the Office of the Secretary, PRBs or of the Assistant Secretary, PRBs at the PRC Central Office, and the Regional Office processing counters.
✅ Proceed to the cashier, for payment of fees Php600.00
✅ Proceed to the Customer Service Center for metered documentary stamp.
✅ Submit duly accomplished application form to the Office of the Assistant Secretary, PRBs.
✅ Verify the status of application at the PRC website: www.prc.gov.ph.

All registered and accredited real estate salespersons shall be issued identification cards and such registration shall be renewable every year on the real estate salesperson’s birth month.

Principally, real estate salespersons are under the direct supervision and accountability of a real estate broker. As a sub-agent under the agency of a licensed real estate broker, the following are the limits and restrictions of the practice of a real estate salesperson:

Real estate salespersons cannot by themselves, become signatories to a written agreement involving a real estate transaction unless the real estate broker who had direct supervision and accountability over them is also a signatory thereto.

No real estate salesperson, either directly or indirectly, can negotiate, mediate or transact any real estate transaction for and in behalf of a real estate broker without first securing an authorized accreditation as a real estate salesperson for the real estate broker, as prescribed by PRB-RES.

A real estate broker shall be guilty of violating the new real estate law for employing or utilizing the services of a real estate salesperson whom he/she has not secured the required accreditation from PRB-RES prior to such employment.

No salesperson shall be entitled to receive or demand a fee, commission or compensation of any kind from any person, other than the duly licensed real estate broker who has direct control and supervision over him, for any service or work done by such salesperson in any real estate transaction.

What many seem to ignore is the vital role that real estate salespersons contribute to the well-being of the real estate business and industry. The unsung heroes of real estate are thrust in the background of the real estate service practice simply because their functions and responsibilities in real estate world are not given much importance.

With the enactment of the REAL ESTATE SERVICE ACT (RESA), real estate salespersons’ role and function in the real estate industry is given more life. This is because they shall be accredited, given recognition and are required to have their own professional licenses as real estate service practitioners by the PRB-RES and PRC.

What is the nature of the job of a real estate salesperson? The new set-up under RESA and the real estate service practice calls for licensed real estate salespersons to be under a registered real estate broker. The broker will employ the real estate salesperson in his office and the company that is established, gives support in the salesperson’s undertaking and is obliged to supervise the activities and transactions entered into by the real estate salesperson in his employ. In return, the employed salesperson share in the income received by the real estate broker.

Almost all real estate salespersons are paid on commission (professional fees) basis, which result either from property and listings they sell or projects that they market. The essential point in his job is the undertaking that selling real estate depends on producing tangible results, that is, from sales generated. One of the real attractions of the occupation is that you can pursue your career in a manner that is compatible with your own interest, personality and values. Herein lies the challenge of the task.

As a start, the real estate salesperson should chart his career in real estate if he intends to be successful in this field. Success in real estate or any endeavor for that matter, does not come easy and in a short period of time. It takes years, lot of hard work, unending sacrifices, even frustrations, disappointments, and the need of continuing challenges to improve one’s craft. Financial rewards come from it and afterwards.

PAREB Metro Pangasinan Real Estate Board, Inc.

All Real Estate Brokers are required to secure an Authority to Sell from registered owners of property prior to selling. Failure to comply shall be subjected to administrative sanction with a penalty of suspension or revocation of license after due process.

House OKs bill allowing foreigners to practice their professions in PHL

gmanetwork.com The House of Representatives on Monday approved on third and final reading the bill amending the Foreign Investments Act of 1991, allowing foreign nationals to practice their profession in the country. Current top breaking Philippine headlines regarding the nation, world, metro manila, regions and e...

Good news real estate agents!

So happy to hear this update from PRBRES. Salespersons will now have an oathtaking and pinning ceremony at PRC just like brokers. Love this! Super happy for agents who are law-abiding citizens by being PRC-accredited.
In our industry where scammers and unethical agents abound, it is about time that we recognize the professional agents from the rest of those who continue to violate RESA RA 9646 and do colorum practice despite encouragements from real estate organizations and authorities. What are you waiting for? Do you want PRC PRBRES to show up during your transactions as an illegal agent?

Those of you who are in the process of completing your requirements, this is so nice diba? 😊🙏
Looking forward to the oathtaking and pinning ceremony of my agents in .
Good job

LERIS | Professional Regulation Commission

online.prc.gov.ph Welcome to the PRC Online Services. Your use of this system means that you agree to the terms and conditions as defined below. The PRC may update or modify the TOS from time to time without notifying you, therefore, your continued use of the Service after such modification will constitute your accep...

Congratulations PALREB on its 11th year
Thank you to all very supportive members

Kudos to all 2019 Officers
Cheers to Us !!! More Productive years to come.

Soon to Rise:PALREB Office Building

Join us to Celebrate the 11th year Anniversary of PAREB-PALREB

ANNIVERSARY CELEBRATION & GROUNDBREAKING CEREMONY OF OUR NEWLY ACQUIRED LOT @ back of Palak in Brgy. Tiniguiban,Puerto Princesa City

WHEN: August 28, 2019
Assembly time: 1:30pm

See u all there!!!

Where is the Philippines in the real estate cycle?

abagosto.wordpress.com One of the concise definition of the real estate cycle is offered by The Royal Institution of Chartered Surveyors in its 1994 publication on Understanding the Property Cycle: ‘‘Property cycles are …

William L. Floresta, REC, REA, REB

💥 To all real estate practitioners💥

✔ PRC PRBRES Resolution # 39

✔ signed May 6, 2019
✔ date of publication July 29, 2019
✔ effectivity August 14, 2019

✍ Approved Real Estate Code of Ethics which will take effect 15 days from publications.

TIEZA help sought for Dumaran and Taytay tourism

palawan-news.com The provincial government will ask the Department of Tourism (DOT) through the Tourism Infrastructure and Enterprise Zone Authority (TIEZA) to construct a tourist information center in Dumaran town…

BIR RDO 036 - Puerto Princesa

Do you have inherited property that cannot be transferred under your name because of unpaid taxes?
Worry not, because you can now avail of the Estate Tax Amnesty!

Welcome to Palawan Sir Rey. PALREB special guest speaker to our General.Membership Meeting tomorrow July 13, 2019. ,1:30 pm @ Dj Balcony Restaurant.
See you all there dear Palreb members.
Associate members are also welcome to attend.

Leaders don't create more followers. They create more leaders.

linkedin.com The saddest thing about today's corporate world is the internal politics, that some people are willing to play in order to get ahead. Instead of pulling others up, many managers choose to push people down.

TASK FORCE Anti-Colorum Seller

HR Business Partner

BIR RDO 036 - Puerto Princesa

BIR MEDIA RELEASE:
Union Bank of the Philippines Online Payment Facility Now Accessible to Taxpayers

Real Property and its Documents

BIR RDO 036 - Puerto Princesa

Meriam Eugenio Dannicca Diaz Quindoza Kristine Angelica Delos Reyes

Announcement:
What: Briefing on the Tax Amnesty Act and IRR on Tax Amnesty on Delinquencies
When: June 4 2019 1:00PM
Where: VJR, Capitol Grounds PPC