Articles in Site News
REALTORS® HOLD ORIENTATION AND LEADERSHIP SEMINAR
The Philippine Association of REALTORS® Boards, Inc. (PAREB) held the Visayas Local Board Presidents, Officers and Members Orientation and Leadership Training (LBP) on February 8, 2010, Monday at 8:30AM to 5:00PM at Sarrosa International Hotel.
Highlight of the training was the talk delivered by REALTOR® Asuncion “Shonee” Henry, NAR President’s Liaison to the Philippines, who spoke about the National Association of REALTORS® (NAR USA), its relationship with PAREB and how it can be further strengthened by participating in its programs such as the CIPS (Certified International Property Specialist). She also encouraged all participants to introduce themselves and their expertise so that she may continue to liaise with us.
PAREB National officers such as REALTOR® Emmanuel Bocaling, REALTOR® Daphne Bereciarte, REALTOR® Ariel Martinez and REALTOR® George Sanchez also talked on various topics such as PAREB Thrust for 2010, Membership Policies under PAREB, Duties and Responsibilities of a Leader, MLS/RPMLX, Pareb REALTOR® Center, Parliamentary Procedures. PAREB Chairman REALTOR® Tom Academia welcomed the participants and REALTOR® Past PAREB President Herbert Buot gave an inspirational message about Leadership.
The event was capped by the record payment and pledges of being LIFETIME MEMBERS of PAREB by a total of 26 REALTORS at the amount of P260,000!
There were 22 participants from PAREB-Cebu REALTORS® Board, 9 from Mactan Mandaue Bridge Cities REALTORS® BOARD (MAMAREB) and 2 from Negros Occidental REALTORS® Board, Inc. (NORBI) for a total of 33 participants.
This leadership training was hosted by PAREB-Cebu REALTORS® Board and sponsored by PROHOMES DEVELOPMENT CORP., developer of St. Dominic Homes at Lapu-lapu City, Cebu.
Realtors see good year ahead
IF the increasing amount of OFW remittances in the country is sustained and the local demand for housing continues, a group of real estate practitioners are expecting their industry to be performing well in 2010. Philippine Association of Realtors Board Inc.-Cebu Realtors Board Inc. (PAREB-CEREB) president Emily Cabillada said 2009 has been a good year for the real estate industry despite the effects of the global financial crisis on some overseas Filipino workers (OFWs).
“In fact, 2009’s performance in terms of sales is better than that of 2008,” she said.
CEREB Celebrates 50th Annual Convocation & Christmas Party
Nominations to body to draft RESA rules up
By Nancy R. Cudis
Published in the Sun.Star Cebu newspaper on December 12, 2009.
AS SOON as the implementing rules are out next year, the Professional Regulation Commission (PRC) will regulate and supervise the real estate services instead of the Department of Trade and Industry (DTI).
Real estate practitioners have yet to come up with the guidelines to carry out the Real Estate Service Act of the Philippines (Resa). The PRC began last month gathering nominations from the real estate industry on who will form the Professional Regulatory Board of Real Estate Service that will draft the implementing rules and regulations of the Resa.
Emily Amie Cabillada, president of the Philippine Association of Realtors Board Inc.-Cebu Realtors Board Inc. (Pareb-Cereb), said the board will be created this month or early next year. President Arroyo signed Resa into law last June 29.
RA 9646, also known as RESA Law (full text)
Congress of the Philippines
Fourteenth Congress
Begun and held in Metro Manila, on Monday, the twenty-eighth day of July, two thousand eight.
[ REPUBLIC ACT NO. 9646 ]
AN ACT REGULATING THE PRACTICE OF REAL ESTATE SERVICE IN THE PHILIPPINES, CREATING FOR THE PURPOSE A PROFESSIONAL REGULATORY BOARD OF REAL ESTATE SERVICE, APPROPRIATING FUNDS THEREFOR AND FOR OTHER PURPOSES
Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled:
ARTICLE I
TITLE, DECLARATION OF POLICY AND DEFINITION OF TERMS
SECTION 1. Title. - This Act shall be known as the. "Real Estate Service Act of the Philippines".
SEC. 2. Declaration of Policy. - The State recognizes the vital role of real estate service practitioners in the social political, economic development and progress of the country by promoting the real estate market, stimulating economic activity and enhancing government income from real property-based transactions. Hence, it shall develop and nurture through proper and effective regulation and supervision a corps of technically competent, responsible and respected professional real estate service practitioners whose standards of practice and service shall be globally competitive and will promote the growth of the real estate industry.
DTI will no longer accept applications for renewal or application upon effectivity.
After years of lobbying, Republic Act No. 9646 otherwise known as the “Real Estate Service Act of the Philippines” or RESA was finally signed into law on June 29, 2009 by President Gloria Macapagal Arroyo and will take effect July 30, 2009.
How does this law affect the practitioners?
Beyond Breakthrough Selling Getting the Bigger Pie
“Whatever it was that got you where you are today is no longer sufficient to keep you there.”
The 47th PAREB Annual National Convention and Elections
REALTORS® from all across the country will converge once again in one enriching convention. This year it is our desire to let “REALTORS®: Soar High… No Limits” as together we work towards the development and enhancement of the real estate industry in the midst of fierce global competition. .
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