It’s official, the next real estate brokers exam (for retakers only) has been scheduled on December 16, 2017. This is according to PRBRES Resolution No. 171 Series of 2017, which was published in the July 28, 2017 edition of the Philippines Star. Please refer to copy below.
Thanks again to PREVAIL for sharing a copy of PRBRES Resolution No. 171 through their facebook account, which I have shared below. By the way, for those looking for PRC accredited service providers who offer review classes for the brokers exam, I’ll have another post for that.
But Jay, you mentioned others say this is illegal?
Yes, we can expect people to disagree with this, and in fact, XU-BSREM Program started a petition entitled “Professional Regulation Commission: Implement the law, follow the required BSREM Degree for Real Estate Service Exams” at Change.org.
To know why they (and a lot of other people) oppose having another brokers exam for retakers, check out an excerpt of the petition below:
“Section 14, paragraph b, of Republic Act No. 9646, otherwise known as the Real Estate Service Act of the Philippines states,”…as soon as a course leading to a Bachelor’s Degree in Real Estate Service is implemented by CHED, the Board shall make this course a requirement for taking the licensure examination.”
CHED implemented the BSREM Program starting the School Year 2012-2013. The various colleges, schools, and universities in the entire Philippines faithfully complied with and implemented the BSREM Program as mandated by CHED. It was not an easy task, the educational institutions implementing the program struggled to attract students. There were only a few graduates for the first batch of BSREM students in 2015. As a result, only a few BSREM graduates took the brokerage exam in May 2016 (39 takers with 21 passers) and appraisers exam in August 2016 (27 takers with 21 passers). In May 2017, the number of takers improved to 50 BSREM graduates.
However, these gains and the momentum of the BSREM Program is now placed in serious jeopardy because the Professional Regulatory Board of Real Estate Service has passed Resolution No. 171, series of 2017, allowing non-BSREM graduates to retake the brokerage and appraisers exam on September 2017 and December 2017, respectively. This resolution was approved by the PRC on July 28, 2017.
In the annals of our legal system, the rules of statutory construction provides that if the law is clear, there is no ambiguity, and therefore, what is left is to implement the law. RA No. 9646 states clearly, the BSREM Degree should be made by the Board of Real Estate Service as a requirement for the real estate exams. By relaxing this requirement, the Board of Real Estate Service is making an exemption when none is stated in the law. In fact, the Board, whose authority emanates from the law, implemented this provision of the law when it give the non-BSREM REM graduates the last and final chance to take the brokerage and appraisers exam through Resolutions No. 66, series of 2016 and No. 2 series of 2016…”
Do you agree or disagree with having another real estate brokers exam for retakers?
So what do you think guys? Personally, I haven’t thought about this yet.
Heck, I even forgot about posting PRBRES Resolution 171 … I’m just glad I saw this in my drafts, and I was finally able to publish it.
Anyway, let me know your thoughts through the comments section below.
FREE CHECKLIST: IDENTIFY AND AVOID PROBLEMATIC FORECLOSED PROPERTIES BY DOING PROPER DUE DILIGENCE!
Avoid losing money, wasted time and effort caused by buying foreclosed properties that have too many problems, with our free 60-item Property Due Diligence Checklist. Grab your free copy now.
- RA 11469 “Bayanihan to Heal As One Act”: Provisions related to Real Estate (with full text)
- Manually Issued Land Titles Not Yet Digitized By September 30, 2018 To Remain Valid – LRA
- Why You Should Never Give Cash To Real Estate Agents (And What To Do Instead)
- Get Up To 20% Discount On Real Property Tax (Amilyar) In Las Pinas And Paranaque By Paying Early
- Avoid the cancellation and foreclosure of properties under Pag-IBIG housing loans
- Positive Political Climate expected to bring Stability and Growth to the Philippine Real Estate Market
- Real Estate Outlook in a Duterte Presidency
- Updated: February 2016 Real Estate Brokers Licensure Exam Results And Registration Schedule
- Congratulations To The August 2015 Real Estate Appraisers Exam Passers and Topnotchers!
- Confirmed! The Next Real Estate Brokers’ Exam in Q1-2016 Will Be Open To All (Not Only For Re-takers)