PRC and DTI joint announcement for real estate service practitioners' renewal of licenses

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Recently, the PRC and DTI issued a joint announcement on the filing of application for registration without examination with the PRC, for those whose licenses issued by the DTI have expired on December 2008 and onwards. This is good news for affected real estate service practitioners that include real estate appraisers, real estate brokers, and consultants. Please see below a copy of the announcement.

MEMORANDUM

For : ALL REGIONAL AND PROVINCIAL DIRECTORS/CARETAKERS

From : VICTORIO MARIO A. DIMAGIBA - Director

Date : 14 January 2010

Re : Announcement to Real Estate Developers and Real Estate Practitioners

_________________________________________________________

In reference to the attached self-explanatory announcement issued by PRC Chairman Nicolas P. Lapena and the above-signed, please disseminate the same for the information and guidance of all concerned.

Thank you very much.

ANNOUNCEMENT

TO ALL REAL ESTATE DEVELOPERS

& REAL ESTATE SERVICE PRACTITIONERS

“Pending the appointment of the Chairman and Members of the Professional Regulatory Board of Real Estate Service (PRBRES), pursuant to Republic Act No. 9646, all Real Estate Brokers, Real Estate Appraisers and Real Estate Consultants, whose licenses issued by the Department of Trade and Industry (DTI) expired on December 31, 2008 and onwards, are required to file their application for registration without examination under Section 20, Article III of R.A. No. 9644 [sic? 9646] from January 12, 2010 to July 30, 2011, stamped received by the Professional Regulation Commission and/or the PRBRES. Such application shall be deemed proof of authority for the lawful exercise of their profession until such time that the PRC and the PRBRES shall have approved it.

For the guidance of all concerned, the contact address of the PRC is P. Paredes St., Sampaloc, Manila,

Attention : Office of the PRB Secretary

________________________________

________________________________

Manila, 12 January 2010

(Sgd. ) NICOLAS P. LAPE?A, JR.      (Sgd.)VICTORIO MARIO A. DIMAGIBA
Chairman                                            Director
Professional Regulation Commission  Bureau of Trade Regulation
-                                                         & Consumer Protection
-                                                        Department of Trade and Industry

I am quoting below Section 20, Article III of R.A. No. 9646

SEC. 20. Registration Without Examination, - Upon application and payment of the required fees, the following shall be registered, and shall be issued by the Board and the Commission a certificate of registration and a professional identification card without taking the prescribed examination:


(a) Those who, on the date of the effectivity of this Act, are already licensed as real estate brokers, real estate appraisers or real estate consultants by the Department of Trade and Industry (DTI) by virtue of Ministry Order No. 39, as amended: Provided, That they are in active practice as real estate brokers, real estate appraisers and real estate consultants, and have undertaken relevant CPE to the satisfaction of the Board;


(b) Assessors and appraisers who, on the date of the effectivity of this Act, hold permanent appointments and are performing actual appraisal and assessment functions for the last five (5) years, have passed the Real Property Assessing Officer (RPAO) examination conducted and administered by the Civil Service Commission (CSC) in coordination with the Department of Finance (DOF), and have undertaken relevant CPE to the satisfaction of the Board; and


(c) Assessors and appraisers who, on the date of the effectivity of this Act, hold permanent appointments and have at least ten (10) years actual experience in real property appraisal or assessment and have completed at least one hundred twenty (120) hours of accredited training on real property appraisal conducted by national or international appraisal organizations or institutions/entities recognized by the Board and relevant CPE to the satisfaction of the Board.


Those falling under categories (b) and (c) shall register with the Board after they shall have complied with the requirements for registration as real estate appraisers: Provided, That those seeking to be licensed to a new credential level shall be required to take the pertinent licensure examination.

Those so exempt under the aforementioned categories shall file their application within two (2) years from the effectivity of this Act: Provided, That the renewal of the professional identification card is subject to the provisions of Section 17 hereof.

While the announcement above is indeed very welcome news to those whose licenses have expired December 31, 2008 onwards, we still have a lot of questions left unanswered.

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How about those who passed the most recent licensure exams but were unable to secure their licenses on time? How about those who want to get their new licenses as real estate service practitioners?

Your guess is as good as mine. I suppose we just have to patiently wait for the release of the implementing rules and regulations or IRR of RA 9646 which should be soon.

To our financial freedom!

Jay Castillo
Real Estate Investor
Real Estate Broker License #: 20056
Blog: http://www.foreclosurephilippines.com
Click here to contact me via E-mail
Mobile phone (Call/SMS): +639178843882
Follow me in twitter:http://twitter.com/jay_castillo
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Text by Jay Castillo. Copyright © 2010 All rights reserved.

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About Jay Castillo

Jay is the founder of Foreclosurephilippines.com where he shares real estate investing tips and foreclosed property listings. He quit his job as an I.T. Manager to focus on Real Estate Investing and Internet Marketing. He is a PRC licensed Real Estate Broker (REB License # 3194)... [Read more]

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  • jose d. capistrano, jr.

    grabe naman!!!

  • rochelle

    i just want some clarifications.does this mean po ba that there is additional requirement for the position lf Local Assessment Operation Officer?that you have to be a licensed appraiser first before you can apply for the job?thanks

  • Madz Ako

    Nakaisip na naman kayo ng DAGDAG sa corruption sa bansang ito! Nag pfiesta ang mga real estate review centers at ang mahal ng bayad. Kung anu-anong katarant@#$han mga ginagawa nyo. LICENSED ka nga di ka naman makabenta at wala ka buyer! At the end NAKIKIPAGSABWATAN KA NA LANG SA MGA DI LICENSE ,TO EARN!

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

      Kung yung hindi licensed ang nakakabenta, huwag na lang sila mag entertain sa mga licensed na hindi naman makabenta at walang buyer, tapos sila na lang ang mag pa-license para legal na sila at hindi na sila pwedeng gambalain nung hindi makabenta.

      Naniniwala ako na basta ma-ayos ang implementation ng RESA, mababawasan, kung hindi man mapigilan ang corruption. Huwag tayong padalos dalos.

      Yung sa review centers naman, naniniwala din ako na karamihan naman sa kanila ay nag o-offer ng review kasi marami namang nag rerequest nito. Kung meron sobrang mahal maningil, yun ang dapat iwasan, sa iba na lang, yung may reasonable na rates.

  • http://www.houseandlot.ph Marissa

    Has anyone renewed their license here? How does the process go with PRC?

  • http://earnmoney7.weebly.com Jaypee Perdido

    First time in Philippine History…November 27,2011 PRC will conduct Real Estate Broker. Php 900 exam fee. 120 credit units are still on going im own my 3rd day of review and id find it hard and rewarding. I’ll pass that exam and be on top. :)

  • MARIO AGUJA

    sir.kindly help us to interpret sec.30 of irr.para kasing after 3 years ang dapat.salamat

  • April

    hi. i just want to ask kung saan po pwede magreview to be a licensed appraiser or consultant. i am currently connected with the LGU- assessor’s office and is very much interested to be promoted to the next higher position i wish to be prepared and be qualified. i am hoping you could assist me. thanks very much. april

  • http://www.moveincebu.com Ricardo Rondina

    I am still confused with the 120 units. Where to get them and if there are any modules to follow?

  • http://yahoo king

    Hi jay, talagang hopeless na ang mga Local Assessment Operations Officers (LAOO). Nandyan na ang IRR and it did not mention about the Local Assessment Operations Officer (LAOO) kahit lang konsiderasyon na sila ang frontliners in government service. So sad…even the BLGF would want that the LAOOs should take the exam. siguro meron ding ka agimat na fund raising/negosyo tong board exam na ito para makapera ang board. Imagine, more than 30,000 government employees will be taking the exam if they want to be promoted to the rank of municipal/city assessor. alam mo maliit lang ang sahod ng Local Assessment Operations Officer. paano na niya ma budget ang sweldo niya na meron ng dagdag gastos sa review at sa board exam? I hope the BLGF will think twice on this. Ours is service to the government- to raise revenues. it is not for our own profit. Sana man lang sinabay na ang Local Assessment Operations Officer sa assessor kasi wala namang kaibahan ang kanilang duties and functions. Sabi nila recommendatory lang daw ang sa Local Assessment Operations Officer. Paano pag hindi mag rekomenda ang LAOO eh di wala namang mai approve yung assessor, di ba? Sana I-postpone/defer ni P-noy ang implementation ng RESA Law. to give chance to next in rank employees in the office of the city/municipal assessor to be promoted. Dapat bigyan ito ng mas malawak na pagsusuri. Sana ma-implement ang batas na ito pag ang CHED ay makagawa na ng kurso para sa propesyon na ito at meron ng first batch of graduates and that’s the time na i-implement ang batas na ito.

    • http://www.foreclosurephilippines.com Jay

      Hi King,

      Frankly speaking, mukhang maraming bagay na dapat i-review sa IRR, kagaya ng example mo, mukhang hindi nga ito napagtuunan ng pansin. Actually hindi lang ito, marami pang dapat ayusin na hanggang ngayon ay walang linaw. Pero in your case, grabe pala, 30,000 government employees ang affected and yet up to now wala pang linaw yung 120 units… tsk, tsk. Kung 30,000 government employees would take the exam, and the seminar review required for examinees would cost around 17,500 pesos per head, that would mean a whopping 525,000,000 pesos need to be spent just for the exam. I just hope sagot the local government ang seminar fees.

      Dapat pag isipan itong lahat ng mabuti ng kinauukulan, I doubt na alam ni P-Noy ito.

  • jeorge

    Sa mga kina uukulan,

    Napaka unfair naman ho ang ginawa ng gobyerno natin dahil sa RESA LAW na yan..Marami ang mawawalan ng hanap buhay dahil sa batas na yan..

    Ako bilang hindi lisensyadong ahente marami ang magugutom sa pamilya ko,,bilang” BREADWINNER” sa pamilya paano nlang…kung maghahanap man ako ng ibang trabaho tatanggapin pa kaya ako sa edad na 45 years old?

    Sana naman Pnoy mabigyan mo ng konsiderasyon ang mga kwalipikado naman na mga ahente na ipagpatuloy ang hanapbuhay na ito…

    Marami ang magugutom,marami ang mawawalan ng trabaho,marami ang mamamatay dahil wala ng makain dahil walang hanapbuhay!!!

    Simula bukas ipatupad na ang batas na ito…pag wala na akong hanapbuhay maraming mga bata na tinutulungan ko sa pag aaral
    na di na makatapos sa eskwela…

    Sana naman dinggin ng ating pangulo ang bagay na ito..

  • pia

    Sana man lang hindi ganyang kabrutal ang Resa Law, Sana naman magkaroon ng malasakit ang government sa mga undergrad or highschool grad na agent who performs well and professionally in this line of business. Maraming undergraduates ang maapektuhan for sure, maraming mawawalan ng trabaho. Huwag tayong magbingi-bingihan sa sitwasyon, hindi lahat ng legal e tama. Lisensiya lang yan. Sino ba ang ayaw magkaliscense? Pwede namang ipatupad yan, bakit nga ba hindi? pero sana naman magkaroon naman ng consideration sa mga agents na di man nakatapos ay nagagampanan naman ng maayos ang kanilang tungkulin. Nakakalungkot isipin na ang mga undergrad or highschool grad na agents na nagsisilbi sa mahabang panahon ay mawawalan na ng pagkakataong kumita ng legal.

    Bakit ang RESA Law, hindi pinaguusapan sa tv o any media advertisement, meron man, hindi ganuong ka tindi ang issue? Bakit puro sa internet lang. kawawa ang mga Filipino agents na undergrad pero mga professional magtrabaho kesa sa mga taong nagsasabing lisensiyado sila, Kung iisa-isahin ko ang mga lisensyadong broker na walang ginawa kundi mangurakot ng pera ng ahente nila, hindi mabibilang sa mga daliri ko sa kamay sa sobrang dami.

    Aminin niyo man o hindi, mas maraming mga undergraduate agents ang magagaling kesa sa mga tinatawag nating professional broker. Magagaling lang silang magcomment, siyempre para nga naman ipagmalaki ang kanilang profession. Ang bulok na sistema ng ating bansa ay dapat ng ayusin para sa ikauunlad nito

    Hiling ko lang kay P-NOY, na sana mapag-aralang mabuti ang Resa law na yan.

    Sana naman magkaroon ng chance ang mga undergrad. or highschool grad full time agents na makakuha ng sales agent liscense para naman fair para sa lahat, sana naman kahit certification ng broker o developer na siya ay at least 2 yrs. to 3 yrs. experienced sales agent at mabigyan ng pagkakataon na makapagexam as sales agent, sa examination naman malalalaman mo na kung qualified na talaga ang isang agent o hindi. Kahit sa ganoong paraan lang, magkaroon ng konting consideration, hindi yung bigla – bigla na lang magugulat ang lahat sa Resa Law na yan.

    Maganda ang hangarin ng Resa Law, natutuwa kami at meron ng Resa Law na magproprotekta sa mga agents sa marami at nagkalat na mga broker na puro lang salita pero mahilig mang-ipit ng commission ng kanilang mga agents, sa ganitong paraan magkakaroon narin kami ng opportunity na isumbong ang mga broker na hindi nagbabayad ng buwis, mga broker na sumisingil ng sobra sobrang buwis sa kanilang mga empleyado, mga broker na walang considerations sa paghihirap ng mga agents once na makapagdeal na ng transaction. Diyan dapat maghigpit ang gobyerno, hindi lang lisensya ang solusyon sa problema.

    Sana lang bago ifully implement yan, magkaroon naman ng consideration sa mga undergraduate or highschool graduate na matagal na sa real estate service.

    Bakit hindi rin nating pagtuunan ng pansin ang mga developer na nang-gigipit ng commission ng mga agents, maraming-marami sila. Maraming developer na nakalipat na’t lahat ang clients sa kanilang bahay, aabutin pa ng 1 o 2 taon bago ibigay ang pinaghirapan mo. Kapag minamalas-malas pa ang isang agent, gigipitin na nga ng developer, gigipitin pa ng broker, tsk. tsk. tsk. Hindi madaling maging agents, pero pinipilit na magampanan ang tungkulin para kahit paano ay makaraos sa pang-araw araw na gastusin.

    Magkaroon sana ng konting konsiderasyon ang Resa Law para sa mga undergraduate or highschool graduates agents na ginagampanan ng tama ang kanilang trabaho at hindi yung puro kapakanan na naman ng mahihirap ang maaapektuhan…

  • Trixie

    Hi, I’d like to find out how to renew my Real Estate Broker’s License. I called up PRC to find out, and they just keep passing me from one person to another. I cannot find the right procedure anywhere in the internet. I hope you can help me. Thanks! Trixie

  • Esmie

    Hi Sir, I passed the real estate broker’s exam last Oct. 2008 pa po, wala pa rin akong license hanggang ngayon kasi po inantay namin yung grades namin,( result of the exam) na ipapadala daw po through mail umabot na po ng 1 yr, wala nadating na letter..hanggang sa may nag inform po samin na ililipat na daw po sa PRC ang application ng Broker’s license & up to now wala pa rin po makapag sabi samin ng procedure para sa application & yung result ng exam hindi na rin dumating…
    di naman po sana mabalewala yung examination namin last Oct.2008?

  • Anne

    i would appreciate getting updated on how to take the next brokers exam. im a 4 year course graduate..i hope “any” four years graduate will be allowed to take the exams and not only business related. thanks

  • http://yahoo king

    Hello jay, just would like to know if the board has started drafting the IRR on the RESA LAW.I do hope that before they will finalize their draft, a copy will be given to different agencies concerned on this law for comments.

    Thank you and more power.

  • http://yahoo king

    thanks so much jay. Haaayyy! ( a sigh of relief) At last, I’ve found a blog site that is interactive and concern to his bloggers. I don’t know what to say to you but a MILLION THANKS! you are our guardian angel. Are they starting to draft the IRR? Hoping the IRR would yield positive results to those who were displaced by this law.
    More power and THANK YOU…
    KING

  • http://yahoo king

    Hi Jay, so glad that you gave hope not only to myself but to all others like me. However, all of what you said are speculations. my purpose of sharing my sentiment in your blog is for you to help us channel our plight to the team who will draft the IRR so that this can be properly addressed. I am not alone in this plight. I am representing in behalf of those employees who have the same problem as mine. I do hope that the team responsible in drafting the RESA IRR will be able to read your blog…much better if you can furnish them a copy of all the comments in your blog site for them to ponder on. More power!

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

      Hi King, yes, I will forward this to REBAP where I am a member. I know REBAP has a representative(s) in the board drafting the IRR and I’m sure they will do all in their power to make the IRR fair and just to all concerned. I also enjoin others who may know people in the board drafting the IRR to help get the plight and sentiments of those affected by the law be known to them.

  • http://yahoo king

    totoo yan. I am representing those holding permanent positions in the government particularly those holding the position of Local Assessment Operations Officer in the Office of the city/municipl Assessor. They are the frontliners in assessment and appraisal, why is it that only the city/municipal assessor can avail under Sec. 20, b and c of the RESA Law? Paano na ang mga Local Assessment Operations Officers(LAOO)? Ano ba ang ginawa ng mga taga BLGF para maprotektahan naman ang mga Local Assesment Operations Officers? Marami silang na displace nitong RESA Law and I hope the BLGF will do something about it. Without the RESA LAW, the Local Assessment operations Officer is very much qualified for the position of City/Municpal Assessor.Pero ngayon na nandito na ang RESA Law, kawawa na sila kasi nasayang lang ang kanilang experience sa kanilang position. Hindi na sila pwede maging assessor if they are not licensed appraiser. It could have been much better that before the law had been passed there were proper consultations among those affected agencies and people concerned.kasi itong pagpasa ng batas na ito ay ginawang RUSH para iyong mga senador at congressmen na nag-author dito mayroon mapakitang accomplishment na hindi nila alam na marami pala silang naapektuhang mga tao. alam ko…pang record lang ito… ipakita lang nila sa mga Pilipno na meron silang nagawa kasi gusto pa nilang magpa re-elect. sa mga taong naapektuhan sa batas na ito..HUWAG NINYONG IBOTO ANG MGA AUTHORS sa RESA LAW!!!

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

      Hi King, there is still hope and this is can be through the drafting of an IRR that addresses all of these issues. Let’s keep our fingers crossed and hope for the best.

  • http://MAGICO jerry a. gerona

    to all concern officers resa. pleased.we are the aspirant wants to take an exam.gustohin sana namin pero mahal nyo magsingil ng requirements para maka take lang ng exam as real estate broker.why we dont have nalang seminars.kaya naman namin magbinta ng walang magturo dagdag yan ng gastos

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

      Hi Jerry, thank you for sharing your sentiments here. I hope that the members of the board will consider these among other concerns.

      If there’s anyone who is part of the team handling the RESA IRR drafting happens to read this, we would appreciate any word from you regarding the issues faced by the people affected by the law. Thanks

  • http://yahoo king

    Hi! I’m one of those caught unaware of the RESA Law. It was like a nightmare to me coz’ my dream of becoming an assessor just blew up like a bubble. imgaine, our city/municipal assessor will soon be retiring this year and I am qualified for the position. however, with the passage of the RESA law naghalo parang bula ang aking panaginip.Do I still have hope?Iv’e been appointed as Local Assessment Operations Officer I from Jan. 1, 1990 to june 2009. Last june 16, 2009 I was promoted to Local Assessment Operations Officer III.This is under the Appraisal and Assessment Division in the Office of the municipal/city Assessor.Can I qualify under Section 20 category c? I have also undergone a lot of trainings and seminars on real property assessment conducted by the BLGF. If I am qualified, what are the requirements for registration? I am hoping that this will be my only chance in order to fulfill my dream.

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

      Hi King, although I am not an expert on the RESA law, in my opinion you are more than qualified under Section 20-C which i am quoting below:

      SEC. 20. Registration Without Examination, – Upon application and payment of the required fees, the following shall be registered, and shall be issued by the Board and the Commission a certificate of registration and a professional identification card without taking the prescribed examination:

      (a) Those who, on the date of the effectivity of this Act, are already licensed as real estate brokers, real estate appraisers or real estate consultants by the Department of Trade and Industry (DTI) by virtue of Ministry Order No. 39, as amended: Provided, That they are in active practice as real estate brokers, real estate appraisers and real estate consultants, and have undertaken relevant CPE to the satisfaction of the Board;

      (b) Assessors and appraisers who, on the date of the effectivity of this Act, hold permanent appointments and are performing actual appraisal and assessment functions for the last five (5) years, have passed the Real Property Assessing Officer (RPAO) examination conducted and administered by the Civil Service Commission (CSC) in coordination with the Department of Finance (DOF), and have undertaken relevant CPE to the satisfaction of the Board; and

      (c) Assessors and appraisers who, on the date of the effectivity of this Act, hold permanent appointments and have at least ten (10) years actual experience in real property appraisal or assessment and have completed at least one hundred twenty (120) hours of accredited training on real property appraisal conducted by national or international appraisal organizations or institutions/entities recognized by the Board and relevant CPE to the satisfaction of the Board.

      Your credentials are very impressive and I sincerely believe it won’t go to waste.

      With regard to the requirements for registration, we would have to wait for the IRR for the exact list of requirements. Thank you for your comment and look forward to your becoming the next assessor in your area!