How to register for your real estate brokers license

ADVERTISEMENT

First of all, congratulations to all new real estate brokers! Many of you may have already registered for your licenses but to those who have not yet done so, this post may be helpful. This is based on our experience last April 8, 2011 when my husband and I went to the PRC to register for our licenses.

Things to bring:

  1. 1 short brown envelope (This is for sale at the PRC Coop store for Php5 each)
  2. 1 paste (This is also for sale at the PRC Coop store for Php3 each)
  3. 2 pcs. Passport size picture with white background and complete nametag. If you have extra pictures which you were not able to use during the application period, you may use them. You may also have your picture taken at the photo booths inside PRC (beside the Public Assistance Center nearest to the entrance) for Php80.00 a set.
  4. 1 pc. 1×1 size picture with white background and complete nametag. Another Php80.00 for this if you will have your picture taken inside PRC. Personally, the quality of the picture is not so good. I prefer the pictures from Tronix, much cheaper too, and I think they have a set that has passport size and 1×1 together so that’s Php60.00 only instead of two Php80.00 sets.
  5. Cedula. Just use the cedula you used for your application. If you lost it, you can buy again inside PRC at the www.express windows near the picture booths. Don’t buy cedula from outside PRC as those are fake.
  6. Surety bond. As mentioned in a recent comment by Mr. Nestor Correa, Alpha Insurance set up a small area in front of PRC (below the huge Carl Balita tarp).

You may get your surety bond in 10-15 minutes(that’s according to them), for Php1,950. If you get your surety bond through Ms. Lyn (mobile no. +639303440390) like I did, the fee is only P1,800. Please provide her with your name, address, cedula number, and phone number, and she will meet you at the PRC with the surety bond. Just pay her when you meet.

Steps in applying for your license:

  1. Get the Panunumpa ng Propesyunal Form from the Public Assistance Center (near the entrance). Please see attached: oath form. Fill it up and stick one passport size picture.
  2. Buy two (2) Documentary Stamps from the doc stamps windows. Prepare Php42.00 as the doc stamps are Php21.00 each. The girl will stick one doc stamp on the Form and give one to you. I wasn’t paying attention so the wind blew away my doc stamp and I had to buy again.
  3. Go to the 3rd floor of the annex building. Take the stairs beside the coop store or the elevator near the coop store. When you get to the 3rd floor, turn left if you used the stairs. If you used the elevator, just go straight.
  4. Verification. When you get inside the room for Real Estate Service, on the left side nearest to the door, there is a Verification Table. Get your PERRC Form (we filled this out during application). My husband’s friend said that you can see your exam grades there, but I wouldn’t know because I didn’t look at it intently.
  5. Payment. Pay Php1,050.00 at the Cashier.
  6. Proceed to registration. Approach the tables at the right side of the door you entered. There is no clear line. Just get behind a person who is signing the forms and take his/her place when he/she is done.
  7. Fill-up the form. The person there will let you sign and fill out a form. There are around five new brokers per form; one line is allotted for each new broker. Fill out the line allotted to you, back to back. Stick one 1×1 picture and affix your right thumbmark.
  8. Give the brown envelope. The person there will get your brown envelope. Write your name on the envelope (In my case, she wrote my name so I was not able to check if it’s surname first, but I think that’s the best practice). She put one doc stamp inside and I think the one passport size picture also.
  9. If you don’t have a surety bond yet. When I applied last April 8, I still did not have my surety bond so the person just gave me the claim slip stating that I could claim my license at the Oath taking, but she put “HOLD” on my claim slip. When we came back yesterday, we met Ms. Lyn to get my surety bond, and I submitted it at Window 27 of the main building of the PRC. This is in the light blue building where we submitted our application forms, at the leftmost side, near the Food Court (there is a door through the Food Court). If you have your surety bond already, I suppose you can submit it together with your brown envelope.
  10. Next, I fell in line for the Oath taking ticket, it’s Php750.00 per ticket for both the broker and the guest. I think the formal oath taking is not necessary though, since in the sheet that you will sign for the Php750.00 ticket, it states that your attendance is voluntary only. But I think it’s fun so of course I’m going! Major networking coming up! I’ll prepare my calling cards already hehe.

That’s it, you’re done! See you at the oathtaking!

ADVERTISEMENT
APL Builders and Planners - We give shape to your dreams!

Cherry Castillo

Cherry is the wife of Jay Castillo. She is a certified public accountant (CPA), lawyer, and a licensed real estate broker.

Text by Jay Castillo and Cherry Castillo. Copyright © 2011 All rights reserved.

PS. Don’t be the last to know, subscribe to e-mail alerts and get notified of new listings of bank foreclosed properties, public auction schedules, and real estate investing tips. Mailbox getting full? Subscribe through my RSS Feed instead!


Last updated by on .

Never miss an article, subscribe now and get email alerts when we publish new foreclosed property listings and real estate investing tips.


About Cherry Castillo

is a Real Estate Broker (PRC Real Estate Broker License No. 3187), Lawyer (Roll of Attorneys No. 55239), and CPA (PRC CPA License No. 0102054). She is the 2013 Internal Education Head of REBAP-LMP

  • Pingback: 5 Tips for New Real Estate Brokers - ForeclosurePhilippines.com

  • Pingback: 2013 Real Estate Brokers Exam Results Released By The PRC - ForeclosurePhilippines.com

  • brian

    ask, as of this year, r we allowd to take the REB without filing the 2011 REB, pls answer…..ty

    • http://www.foreclosurephilippines.com Jay Castillo

      Huh, sorry but I don’t understand. Can you please clarify?

  • Neri_subido

    Hi!  I have a real estate brokers license  which i have not used since the 80′s.  can i still register at PRC?  i heard there is a deadline for this?  Please advise.  If  i can still register i would surely rush to PRC to get one!  Sayang eh!

  • ggss

    kailangan ba magbayad ng 20,00  as surety bond?pano kung hindi makabayad?

  • Jtcmercado

    hi. thanks for this informative post. will definitely print this and have this with me when the time comes… i need to take the exam and pass first. i hope you can tell me where i can take a real estate course in preparation for the licensing exam?

    thanks so much,

    jen

  • http://marshalfirth.com naomikrauss

    Very informative. thanks for sharing your experience.

  • Charlie

    i applied for evaluation of my documents last january and yet naka Resolution No. 8 na wala pa pangalan ko. nag follow up na ako sa PRC Manila pero antayin nyo na lang ang tanging naisagot nila. Those who applied later than me had already been included in the previous resolutions but my name was not yet in. can you advice me on how to deal with that problem. i don’t want to follow up at PRC because they don’t even bother to follow up or try to see the status of my papers. or before i go there what should i do or what would i do there aside from to inquire so that i will also receive a satisfying reply from them? i’m afraid they lost the documents i submitted with them.

  • erwin

    @ franz, as per chairman ong of prb-res, they will apply with the prc for an additional november exam. so hindi pa sure…

    - hay grabe sa prc kahapon ang gulo nung kuhanan na ng prc I.D. license, walang sistema….

  • Franz Enriquez

    Hi Jay!

    Any chance there will be another licensure exam this year?

    Thanks!

  • Juvy Garcia

    I find your website very informative and also a big help for me. By the way I just passed the broker licensure exam last March 27,2011. I’m very interested to know more about buying ang selling foreclose property. I want to have a mentor that can guide me because I’m just new in this real estate business. I hope you can give some tips.

    I’m looking forward for your reply.

    God bless

    Juvy

  • http://www.foreclosurephilippines.com Jay Castillo

    Thank you everyone for sharing your experiences as well! I believe my wife is in lurker mode right now, probably because of work… I’ll remind her to drop by and make her presence felt. ;-)

    • Debbie

      I passed the exam and attended the oath taking 22 years ago. I have my license no. But did not register .. I lost my certificates ids and all my documents regarding this. But I’m sure records are still with dti or prc. How will I register and apply for a license now. Thank you.

  • Ed

    Hi,

    Verify ko lang, so pwedeng hindi umattend sa oath taking? Kung hindi makakaattend, saan mag-o-oath taking? At makukuha pa rin ba yung ID? Actually, nakabili na ko ng 2 tickets (for guest yung isa), kaya lang punta kami Boracay for one week kaya di na ako makakaattend.

    • rommel

      Mayron akong nakasabay sa pag-register sa PRC, hindi rin sya makaka-attend ng oath taking sa 26th pero nag oath sya sa isa mga board sa PRC. Sa case ko naman hindi rin ako makaka-attend kasi labas ako ng bansa at naitanong ko yun sa binibilhan ng ticket kung saan pwede kunin ang id and cert. once na hindi makarating sa oath taking at ang sabi nya ay pwede kunin sa PRC sa April 31, pero bumili pa rin ako ng ticket at para sa guest at ang wife ko nalang ang aattend at pwede sa wife ko raw ibigay ang id ko at cert basta dala lang ang claim slip at sinamahan ko na rin ng authorization letter. Kung di naman masyadong importante ang lakad, sana mag-attend na tayo ng oath taking, ako kasi ay naka schedule ang flight ko pabalik ng Africa ng April 17.

  • tere

    Is this the same procedure for Filipino realtors who are licensed in USA and Canada but want to practice real estate in the Philippines?

    • http://www.foreclosurephilippines.com Jay Castillo

      Hi Tere, if you are not yet licensed in the Philippines, then you will have to go through the same process of taking either a PRC accredited CRESR or a real estate bachelor’s degree (once it becomes available), and then you will have to pass the exam.

  • chey cruz

    hi thanks somuch for the info.my friends asking for the number of ms lyn for their surety bond. i think the cel number you indicated is incorrect. thanks so much…chey

    • http://www.foreclosurephilippines.com Jay Castillo

      Hi Chey, my mistake, it was a typo error in my part, my wife asked me to type it for her. Anyway, I have already corrected Lyn’s number. The correct number is +639303440393

  • http://www.buybankforeclosurescentral.com/ stop foreclosures

    Great one. It’s a good guide for real estate brokers..also a good thing you’re guiding the viewers..Thanks..

  • http://www.mariecasas.com Marie Casas

    Thanks for blogging about your experience. I went yesterday and it wasn’t too bad, I was done in less than 2 hrs. The Doc Stamps lady told me to go to Window 27… buti na lang I took note of your post, na 3/F nga muna :)
    See you at the oath taking ceremony!

    • http://www.mariecasas.com Marie Casas

      Alpha across PRC offers the surety bond at P1,750, including notarization.

      • http://www.impactmanila.com micah

        how long will it take to get the surety bond certificate?

  • http://inspireonequoteatatime.blogspot.com Argel Tiburcio

    Thanks for this guide!
    By the way, ako po nakapulot ng Doc Stamp niyo :p Joke! :)

  • http://spectrumblog.net/ bertdaniel

    I think getting a real estate licensed in the Phil. in interesting. Way different from other country like U.S but one thing in common. Must passed the exam to get the licensed.

  • http://www.manilenio.co.cc jon

    The fee of P1,050 is good for 3 years too :). Ma’am, if the attendance to the formal oath-taking is not mandatory, how come in the RESA law it is stated that it is? Since the ID and certificate are to be given at the oath-taking, does it mean that if you didn’t go there, they’d require you to schedule an oath-taking with any official of the PRB-RES or PRC?