By law, a real estate agent or salesperson is defined as “a duly accredited natural person who performs services for, and on behalf of, a real estate broker who is registered and licensed by the Professional Regulatory Board of Real Estate Service for or in expectation of a share in the commission, professional fee, compensation or other valuable consideration.”
What’s great about being a real estate agent is that you’re not required to take an exam from the PRC. But instead, a real estate agent should be accredited by the Commission. If you’re wondering, the distinction between a salesman and a broker is that the former is directly supervised by a real estate broker. Salespeople cannot sign contracts on their own without the full knowledge of the Licensed Real Estate Broker who has direct supervision over them and is also a signatory.
Finally, an agent in the Philippines cannot practice Real Estate Service without being accredited by a broker. Otherwise, they will be called Colorum, or unlicensed real estate agents in the Philippines.
See below for the requirements needed to become a full-fledged real estate salesperson.
- Filipino citizen
- Must have undergone training and seminars of at least twelve (12) credit units in real estate brokerage
- Must be of good moral character and must not have been convicted of any crime involving moral turpitude; and
- Must have completed at least two (2) years or 72 units of college
Aside from these qualifications, you will also need to be accredited next. Here’s what you need to prepare:
- Original and Photocopy of NSO Certificate of Live Birth / Birth Certificate
- Original and Photocopy of NSO Marriage Certificate / Contract (For married women only)
- Original NBI Clearance
- Original and Notarized Certificate of Educational Attainment on the Completion of at least two (2) years of college
- Original and Notarized Certification of twelve (12) credit units on Real Estate Brokerage. (The Board released a memo on February 18, 2019, declaring that aspiring Real Estate Salesperson should attend a Real Estate Brokerage seminar for 12 hours as an entry requirement to be an Accredited Salesperson.
- Photocopy of Broker’s PRC License with 3 signatures (the supervising Real Estate Broker’s PRC ID validity must not be less than 6 months upon application of salesperson’s application or renewal)
- Aside from this, all interested parties aspiring to be an accredited Real Estate Salesperson must take a 12-units/ 12-hour Real Estate Brokerage seminar with an Accredited Real Estate Brokerage Training Provider.)
- Photocopy of Community Tax / Cedula
- Duly accomplished application form.
- Passport size photo on white background, with name tag below showing complete name.
- Government Issued ID and/or any valid ID
These could be quite a lot for those who are just starting out as agents, but in this day and age, they are only appropriate in order to convey credibility to potential clients.
For more details and for your real estate needs, visit Elanvital Encalves or contact its sales at +63 9271440196.
