Translate

'>How to Be a Real Estate Broker in the Philippines Part 1

So you want to become licenced and registered real estate broker in the Philippines? Allow me to share this idea for you to kick start you quest for the coveted license.

How to Be a Real Estate Broker in the Philippines Part 2

Step 3 Practice Every real estate broker must first register with Professional Regulatory Board of Real Estate Service and Housing and Land Use Regulatory Board (HLURB). In addition, he must pay a corresponding professional tax in his place of business. Please click the links below for details of registration.

'>5 Things Every Realtor Should Know About a Homebuyer

There are many different players in the residential real estate industry—property managers, publishers, builders, banks, and government agencies, to say nothing of buyers, sellers, and renters. Nevertheless, the real movers and shakers are the intermediaries, the people constantly moving between and communicating with these players: agents and brokers.

'>Cavite's First IT Park Gets Tax Incentives

MANILA – The Property Company of Friends Inc (Pro-Friends) has bagged tax perks for its pioneer campus-type information technology park.

'>HLURB Gets ISO Certification

CITY OF SAN FERNANDO -- Vice President Jejomar Binay lauded the Housing and Land Use Regulatory Board (HLURB) after its Quality Management System (QMS) was certified under ISO 9001:2008.

Showing posts with label Real Estate Government Agencies. Show all posts
Showing posts with label Real Estate Government Agencies. Show all posts

Thursday, February 12, 2015

HLURB GETS ISO CERTIFICATION

9:15 PM    No comments
CITY OF SAN FERNANDO -- Vice President Jejomar Binay lauded the Housing and Land Use Regulatory Board (HLURB) after its Quality Management System (QMS) was certified under ISO 9001:2008.

The certification covers the HLURB Core Processes (Provision of Technical Assistance in Land Use Planning, Regulation and Adjudication) and Support Processes in the Central Office, Expanded National Capital Regional Field Office and Southern Tagalog Regional Field Office.

"Congratulations to HLURB for achieving ISO certification. This is an important statement that proves the agency’s commitment to service. I hope that HLURB remains committed to providing enhanced customer satisfaction and continuous improvement of the services HLURB provides the public," Binay said.

The establishment and implementation of the HLURB Quality Management System that meets the ISO 9001:2008 Standard is in compliance with Executive Order 605 that aims to ensure consistency of government products and services through quality processes.

Other key shelter agencies including the Pag-Ibig Fund, National Home Mortgage Finance Corporation (NHMFC), and Home Guaranty Corporation (HGC) have also achieved ISO Certification.

HLURB started to pursue ISO certification on March 7, 2013. With the technical Assistance of the Development Academy of the Philippines (DAP), HLURB's ISO Core Team developed the QMS and the Mandatory Procedure Manuals which were approved and implemented beginning August 14, 2013.

From August 17, 2013 to December 2, 2013, the ISO Core Team cascaded the concepts, principles and applications of the QMS to the Central Office Groups and Divisions, and to all the Regional Field Offices.

After passing the Readiness Assessment conducted by DAP on October 15, 2014, the agency engaged the services of Anglo Japan American (AJA) Registrars to be the Third Party Certifying Body. AJA Registrars conducted the Stage 1 and Stage 2 Audits on November 21, 2014 and December 10, 2014 respectively. After the Stage 2 Audit, HLURB QMS was recommended for certification.
Source: Inquirer.net
Read More

Monday, February 2, 2015

HLURB releases new set of rules to protect buyers of condominium and real estate projects

2:03 PM    No comments
THE PHILIPPINES’ housing board has released a new set of rules to protect buyers of condominium and real estate projects by imposing steeper penalties on erring brokers and agents.

Under Resolution 922 of the Housing and Land Use Regulatory Board (HLURB), all dealers, brokers, salespersons and businesses must first register with the agency before carrying out any sales transactions with the public.

They will be made to file a bond with the land use agency: for sales agents, P1,000; for brokers, P5,000; and for firms, P20,000.

Real estate brokers, who negotiate deals between property buyers and sellers, must first pass a licensure exam as required by law before facilitating the transaction.

Those found selling properties without the HLURB’s accreditation will be fined P10,000 and slapped with criminal charges while those engaging in property sales with expired registration will be fined P5,000. They can also be barred from securing a license to operate for future transactions.

A separate HLURB order also beefs up protection against false advertising by treating every feature included in promotional materials as “sales warranties” that can be held against the sellers.

“Any announcement or advertisement about a project, or about its operations or activities, must reflect the real facts and must be presented in a manner that will not tend to mislead or deceive the public,” the HLURB said through Resolution 921 signed Dec. 2, 2014. “All representations in an advertisement shall form part of the sales warranties enforceable against the owner or developer, jointly and severally.”

Developers must first secure the approval of the HLURB before publishing any ads for their projects. They also cannot advertise the project without securing a license to sell from the agency.

As in the resolution, all statements made regarding the payment and financing scheme, design and standards, amenities, facilities and other privileges “connected with the sale of the lots, including any building or improvement or any units thereof” will be treated as promises which the seller and builder must completely fulfill.
Source: Business World
Read More