If you are looking for a Real Estate Training Center that offers a Comprehensive Real Estate Seminar and Review (CRESR) for the 2015 real estate brokers exam, look no further. This is our compilation of CRESR providers for the March 2015 brokers exam. Before we get to the list, let me try to answer some of the most frequently asked questions about the real estate brokers exam.
Is the March 2015 real estate brokers exam the last one that will not require a degree in Real Estate?
While there has been no formal announcement yet, it is possible that the March 2015 exam may be the last one which will not require a Bachelor’s Degree in Real Estate Service as a pre-requisite, since, if I am not mistaken, there will already be graduates of Bachelor’s Degree in Real Estate Service courses come 2016.
The Commission on Higher Education (CHED) has already released last 2011 CHED Memorandum Order No. 88, Series of 2011 which states the policies, standards, and guidelines for the Bachelor of Science in Real Estate Management (BS REM) course. A little googling led me to this site which lists the schools offering BS REM (I have not verified these though).
BS REM as a pre-requisite is pursuant to Section 14(b) of R. A. 9646 (RESA Law) which provides:
“SEC. 14. Qualification of Applicants for Examinations. -In order to be admitted to the licensure examination for real estate service, a candidate shall, at the time of filing his/her application, establish to the satisfaction of the Board that he/she possesses the following qualifications:
(b) A holder of a relevant bachelor’s degree from a state university or college, or other educational institution duly recognized by the CHED: Provided, That as soon as a course leading to a Bachelor’s degree in Real Estate Service is implemented by the CHED, the Board shall make this course a requirement for taking the “licensure examination; ***”
SEC. 14. Qualification of Applicants for Examinations. In order to be admitted to the licensure examination for real estate service, a candidate at the time of filing his/her application, shall establish to the satisfaction of the Board that he/she possesses the following qualifications:
(b) A holder of a relevant bachelor’s degree from a state university or college, or other educational institution duly recognized by the CHED: Provided, That he/she has completed at least one hundred twenty (120) credit units of real estate subjects and training from accredited service providers, as may be determined by the Board; Provided, further, that as soon as a course leading to a Bachelor’s degree in Real Estate Service is implemented by the CHED, the Board shall make this course a requirement for taking the licensure examination, ***”
If I were an incoming college student, I would consider BS Real Estate Management even though it is a specialized course. It would be more attractive if it were bundled with accounting, but maybe it’s just me. This will have a Professional Regulation Commission (PRC) board exam and a PRC license for real estate brokers. Those who will further specialize may also take the real estate appraiser and real estate consultant exams and thus effectively have three PRC licenses (kinda cool).
Can I just do a “self-review” or “self-study” to take the exam?
No, self-review alone is not allowed since it is a requirement that those who will take the exam must have completed at least one hundred twenty (120) credit units of real estate subjects and training from accredited service providers. But of course you need to review on your own, and for that you can refer to my old post on how to top the real estate brokers’ exam.
Who may take the real estate brokers’ exam?
Check the requirements under R.A. 9646 (RESA Law) and its Implementing Rules and Regulations (IRR). For those who are qualified to take the exam and are not yet licensed, I strongly encourage you to take the exam and stop being an illegal broker.
With regard to the application process, you may refer to my old post here, just double-check in case there have been changes since then.
Schedules of real estate brokers’ review seminars for the March 2015 real estate brokers exam
There are a lot of accredited review providers so I suggest that you take the review program which is nearest to your home or place of work. Whether or not you would top the exams does not depend on the review school (although it can be a big help!) – I believe it really depends on how prepared you are when you take the licensure exam.
Graduates of certain courses do have built-in advantages because of stock knowledge (for example, the no. 1 in the broker and appraiser exams in 2014 is a lawyer) but of course everyone has a chance to top and pass the exam.
As early as September 2014, review classes have already started, some have just started, so reviewees may still catch up, and many review programs are going to start very soon. I believe there is still a possibility that new review classes may be opened in December or January but nothing is definite at this point.
Anyway, here is a list of review seminars we have compiled so far.
1. Real Estate Brokers Association of the Philippines – Las Pinas, Muntinlupa, Paranaque Chapter (REBAP-LMP)
Our home chapter, REBAP-LMP, will be conducting a Comprehensive Real Estate Brokerage Seminar and Training (CREST) from October 25, 2014 to January 4, 2015 (Saturdays and Sundays only) for 8 hours each day. The venue will be at Rm. 205 Tia Maria Bldg. CV Starr Ave. Philamlife Village, Las Pinas City (just right for those who live or work in Las Pinas, Muntinlupa, Paranaque, Cavite, Laguna, or generally in the South area). The fee is P18,000.00 but there’s a 10% discount for the first ten who will enrol and pay in full. If you wish to pay in installments, please contact Ms. Au Suerte at the numbers below.
Resource speakers (subject to confirmation) include Mr. Roland Angeles, Engr. Virgilio Monge, Atty. Gabby Perez, Engr. Roberto Cruz, and Ms. Eleanor Liganor.
For more details, please contact REBAP-LMP through our 2014 Internal Education Head, Ms. Aurora “Au” Suerte, at the following numbers:
- 0917-800-6319 (Globe)
- 0922-892-1951 (Sun)
- (02) 829-3258; (02) 664-2611 (Wireless landline)
2. URBAN Institute of Real Estate and Construction (Urban) headed by Engr. Enrico Cruz
Urban’s tagline is that it is the “Home of Topnotchers and Real Estate Brokers.” According to its website, in the March 2011, March 2012, March 2013 PRC examinations for real estate brokers, it had a 78%, 82% and 91% passing rate, respectively, and produced 7, 13, & 24 Top Ten Topnotchers, respectively.
In the March 16, 2014 PRC Exam, its passing rate was 75.03%, much higher than the 53.11% national passing rate. In the same exam, 22 URBAN examinees got Top 1 to Top 10 except only No. 5. It consistently has the best passing percentages and most number of topnotchers in the last 4 PRC real estate broker examinations.
With these statistics, it is not surprising that almost all Urban sections are fully booked. The Sunday Section will start on October 12 and still has a few available slots. I believe the early bird rate is P17,000.00 so please e-mail firstname.lastname@example.org to confirm the current rate and available slots. You may also check their website for other details.
Urban also has an incentive for those who will be topping the 2015 Real Estate Broker exams: P100,000.00 for the No. 1, P50,000.00 for No. 2, and P30,000.00 for No. 3. In case of a tie, the prize will be divided among those with the same place.
Urban sessions are held at Asian Institute of Management (AIM) Conference Center in Makati and there is also a section at Ateneo in Quezon City. I believe the fee includes free-flowing coffee, handouts, and a Certificate of Attendance.
For those who are curious, Jay and I are products of Urban Institute. 🙂
3. Prime Real Estate Values and Integrated Learnings (PREVAIL), Inc.
PREVAIL will be conducting a real estate review from October 11 to December 7, 2014 (Saturdays and Sundays only) from 8:00 am to 5:00 pm. The venue will be at the Best Western Hotel La Corona Manila, MH del Pilar St cor Arquiza St Ermita Manila (near Ermita Church).
What is unique about PREVAIL is its payment scheme whereby one can enrol with only a P5,000 reservation fee and the balance may be paid in 15 installments of P993/session. The fee includes learning from speakers who are top-rate PRC-accredited lecturers and exam topnotchers, lecture handouts and review materials, snacks and lunch, and free-flowing coffee.
PREVAIL also has incentives for the ones who will top the 2015 PRC Brokers Exam: a cash prize, a 3yr Speaking Engagement as Lecturer with PREVAIL, and a 1-yr Season Pass at Tagaytay Mar-a-Lago Resort.
For details, contact PREVAIL at 353-7892 or 0908-414-6328.
4. PAREB DAVAO
The Davao Board of Realtors Foundation Inc., a part of the Philippine Association of Real Estate Boards Inc. (PAREB), is conducting a Comprehensive Real Estate Seminar for the 2015 Board Exam from October 4 to December 6, 2014 (you can still catch up). The sessions will be on Saturdays and Sundays only from 8:00 am to 5:00 pm. The venue is at the Davao Doctors College, 6th Flr. HMPC Bldg. beside St. Jude Church, Malvar St. Davao City.
If paid in cash, the fee is P18,000.00. If on installment, P5,000 downpayment plus P1,000 per session (15 sessions). The fee includes lunch, snacks, handouts, kits, and Certificate of Attendance.
For details, contact PAREB DAVAO at (082) 300-6787, 0917-935-3253, 0920-921-0668, 0917-702-8901. I would like to thank Mr. Jovencio Bebot Salano Cainong for allowing me to post their seminar here.
5. Cesar E. Santos (CES) Real Estate Academy
CES Academy has a real estate review seminar from October 3 to November 23, 2014 (Saturdays and Sundays). The venue is at Regalia Tower in Cubao, Quezon City. For inquiries, please refer to the numbers in the poster below.
6. NETSCORE Resource Management and Training Center
NETSCORE will be holding a seminar for the real estate broker’s exam from October 19 to February 28, 2015. The venue will be at the Makati Palace Hotel. For inquiries, please refer to the numbers in the poster below.