Bailamos 2 in Pictures!

We are re-posting the thank you email of IPP Emilia Robles for a successful and fun BAILAMOS II!  If you weren’t able to go (like this blogger), you can check out the pictures below and see how much the participants enjoyed that evening. Our new members who were inducted that night  rocked the dance floor, shortly after they were sworn in as the latest batch of professional MUNREB Realtors. 

Let’s Dance at Bailamos II!

Let’s do it again, Realtors!

Due to the fun and success of Bailamos I, MUNREB  has organized a repeat of the popular fundraising ballroom dance event on August 20, 2009 from 6:30 pm at the Alabang Golf and Country Club, Ayala Alabang Village.

The proceeds for this year’s  activity will help fund our social outreach program, with Gawad Kalinga as our preferred beneficiary for this year.

Contact us for tickets and sponsorships now! Let’s Dance!!

P.S. If anyone has pictures or videos of last year’s Bailamos, can you send it to us?  Most especiallyif you have excerpts of Realtor  Honeylie S.’s beautiful dance, which YouTube seems to have kept for itself.

 

 

RESA approved by GMA on June 29, 2009

REAL ESTATE SERVICE ACT of the PHILIPPINES 

 

According to the Senate Legislative Documents,
the REAL ESTATE SERVICE ACT [ RESA ]
was approved by GMA last June 29, 2009 . . .

____________ _________ _________ _________ _________ _________ ______
 

 

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…

Approved by the President on June 29, 2009

 

In accordance with Sec. 45 of Republic Act No. 9646,
the Act shall take effect fifteen (15) days following its publication
in the Official Gazette or in a major daily newspaper of general circulation in the Philippines.
____________ _________ _________ _________ _________ _________ _________ _______________ 

 

Join the April 2009 MUNREB Broker’s Licensing Seminar

 

Registration fee discount extended to April 8! Be a licensed broker now!
 

Calling all individuals interested to take the national licensing exam for real estate brokers:  MUNREB is now offering its latest intake on the Comprehensive Real Estate Seminar and Review (CRESA) from April 15 to May 5, 2009, alternating weeknights, 5:30pm to 9pm at the Narra Room, Alabang Golf and Country Club, Ayala Alabang Village, Muntinlupa City.    

 

 

Learn  how to be a competent, professional  real estate practitioner.  Learn how to do it right thru the CRESA.  The Department of Trade and Industry (DTI) has started its campaign to penalize sales people engaged in real estate activities without having the required license.  This will be most especially enforced once Senate Bill 2963, to be known as the Real Estate Service Act (RESA) is finally passed into law.  Last Monday, February 23, 2009 the Senate has unanimously approved the Bill on its third and final reading. 

Those contemplating on getting a real estate broker’s license may find it prudent to do so now.  The RESA will impose stricter requirements and penalties for licensing once the law is implemented.  Further, Senate President Juan Ponce Enrile explained that the bill would establish an effective regulatory regime for the real estate service through the creation of Professional Board of Real Estate Service Board (PRESB) composed of highly respected practitioners.

The PRESB will be under the Professional Regulation Commission (PRC). The board will then be mandated to come up with measures that will professionalize the careers involved in the real estate industry. Part of this measure will be to enforce stricter educational standards for licensing,  and stiffer penalties for unlicensed practitioners. 

 

Further, currently licensed practitioners who are not members of any recognized realty board can be penalized thru suspension or revocation of their licenses.  

Accomplished registration forms must be submitted on or before April 15, 2009.   Address to:

Chairman, Education Committee

Cell : 0917-8449557           Tel  :  842-9393 
E-mail:  talihut@yahoo.com; maprealty@gmail.com

Topic Outline and Schedule:
 
DAY 1, April 15, 2009  Wednesday

Principles of Real Estate Brokerage
Licensing Requirements for Real Estate Practice
 

DAY 2, April 17, 2009 Friday

Code of Ethics
Real Estate Financing and Economics ( Mathematics )

 

DAY 3,   April 21, 2009, Tuesday

Fundamentals of Property Ownership (incl. Family Code }
Legal Aspects of Sale , Lease and Mortgage

 

 

DAY 4,  April 23, 2009  Thursday

 

Subdivision Development and Regulations
Principles of Ecology, Urban & Rural Land Use Planning, Development and Zoning, CARP Law
Condominium Concepts

 

 

DAY 5, April 28, 2009 Tuesday

Real Estate Taxation
Value –Added Tax and Other Transfer Taxes

 

 

DAY 6, April 30, 2009  Thursday

Assessment and Taxation of Real Property
Site/Map Reading
Basic Real Estate Appraisal

 
DAY 7, May 5, 2009 Tuesday

Government Home Financing ( Pag-Ibig Fund )
Contracts and Documentation
Real Estate Terminologies

Requirements for application and exam:   By the May 31, 2009 exam date, the applicant must  be at least 21 years old and has completed at least 144 college units; or finished 72 college units and has at least four years’ experience as  licensed Real Estate Salesman. Further, to secure their exam permit all attendees are advised to have on hand the following documents for their direct submission to the DTI on or before May 8, 2009: 

 

a)  Original college Diploma or Transcript of Records with one photocopy; 

b)  Two (2) passport-sized photos; 

c)  Self-addressed stamped envelope; 

d)  P250 examination fee to be paid to DTI

For questions on the CRESAR, you may e-mail the Chairman, MUNREB Education Committee. 

Seminar fee  is discounted to P3,800 if payment is made on or before April 8, 2009.  From April 9 and on site , fee will be at P4,000. The fee covers the review materials, attendance certificate, and snacks.  Make all checks payable to MUNTINLUPA REALTORS BOARD (MUNREB) INC.

 

 

Interested parties may download the CRESA registration form here.   You may also download the  topic outline by clicking here. 

General Membership Meet @ Illustrados March 19, 2009

(re-posted from President Ophelia Wolf’s email)

BREAKFAST AT ILLUSTRADO’S 
8:30 – 11:00 a.m. 19th March 2009

We bring back our breakfast GMM to give chance to our “Morning” members who couldn’t make it to our afternoon meetings.

Mel Cuvin, Broker Manager of Ayala Land Premier (ALP), will be present to update us on ALP’s Projects and give chance to our new members to be accredited.

We’ll allot time for PAREB MLS Chairman Tony Lanuza and his team from the RPLMX group Berna Filart and Rey Lim in introducing the new system to our members. Those who have not yet subscribed to PAREB MLS (for inter-board listings) and RPLMX (international posting of listings, new programs), this is your chance to get better acquianted with the systems. Get ready for some tutorials and bring your laptops. Trustee-in-charge for our March GMM Maita Siquijor will be on hand to assist you.

Reserve the morning of Thursday, 19th March  for a delectable breakfast especially prepared for us by Illustrado’s while satiating your minds with info from ALP and new knowhow from Realtor Tony and his I-Team.

Please confirm your attendance via Email or SMS  0917-8449557

Courtesy Call on Muntinlupa Mayor San Pedro Boosts Cooperation

Lifted from excerpts of President’s Ophie Wolf  February 10, 2009 e-mail after our courtesy call to Mayor Aldrin San Pedro at the City Hall of Mutinlupa, last February 9, 2009:

*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*

Our courtesy call on Mayor Aldrin went very well yesterday and yielded very fruitful results aside from the PR we created with the Mayor.

We were apprised of the Mayor’s projects and upcoming developments in Muntinlupa which all of us present found very informative and useful in our real estate marketing of Muntinlupa property.

Following are some of the salient details of our meeting with the Mayor:

1) Our request to hold a Real Estate Week in Muntinlupa wherein we could hold activities highlighting our anti-colorum drive. The Mayor was very receptive of this idea and instructed us to write a letter addressed to him with this request.  He said to give him a week from receipt of the letter for a reply.  He even volunteered advice to hold it sometime during the summer months.

2) Our request to be allowed to put up streamers in the City Hall area and some thoroughfares announcing our CRESAR with “in cooperation with the City of Muntinlupa; and that we not be charged for the Mayor’s and barangay permits for putting up  the streamers.  He informed our group that this could be arranged and that we should put his administration’ s slogan “Muntinlupa Nagkakaisa”. We explained to him the Anti-Colorum thrust of Munreb in conjuction with the DTI tightening of its licensing procedures.  He recounted a personal experience whereby he lost a buyer of his lot because some Assessor’s employees told the buyer that the prevailing price is lower.  He said he has issued warnings to three Assessor’s Office employees moonlighting as brokers and told them another offense will amount to their dismissal as this is a conflict of interest.

3) The Mayor informed us that Muntinlupa City is acquiring the first ever 17-floor fireman’s ladder (in the Philippines) in March and that he will be inviting us to the inauguration. He added this would be a good selling point for us in our condominium selling. The Fire station will be located beside the new police station along Zapote Road.

4)  The City Hall will remain in its present location because it will be too much money waste to relocate it again after the highly-funded new construction.  It will be the national government satellite offices in the city hall compound that will be relocated. I.e. the Hall of Justice which will include the Register of Deeds, the SSS, the NSO, BIR, etc.  The new location will be at the vacant lot just beside the Max Restaurant along the National Road. The Register of Deeds (per Atty. Garing) will be housed in it’s own 3-4 storey building. The vacated areas in the City Hall compound will be added parking space.

5)   The plan of Muntinlupa having its own BIR will no longer push through.  RDO 053 will remain BIR for Muntinlupa and Las Piñas but their offices will be relocated to Muntinlupa in the same area as indicated in item above.

Present during the courtesy call were Trustees Sol de Jesus, Trustee Doris Bautista, Trustee Maita Siquijor, Assistant Treasurer Maricar Sison, IPT Marta Niere and myself.   We presented the Mayor with a copy of our Handbook.

(L-R): IPT Marta Niere, Trustee Maita Siquijor, President Ophelia Wolf, Muntinlupa City Mayor Aldrin San Pedro, Trustee Dorise Bautista, Trustee Sol De Jesus, Asst. Treasurer Maricar Tapales-Sison

After the photosession we proceeded to the Register of Deeds for an impromptu courtesy call on Atty. Garing.

Standing (L-R); Asst. Treasurer Maricar Tapales-Sison, Trustee Doris Bautista, Trustee Maita Herce-Siquijor, President Ophelia Wolf, Trustee Sol de Jesus, IPT Marta Niere; Seated: Atty. Garing, Registrar of the Muntinlupa Registry of Deeds

 

MUNREB is turning Seven!

MUNREB IS TURNING SEVEN–One reason to Celebrate so let’s make February 19 a  Red Letter Day!

Wear RED and spread the good luck spirit!

We’ll be hitting two birds in one shot– we’ll have our usual General Membership Meeting starting off at 1:00 p.m. with Registration, Fellowship and Multiple Listing session.  Call to order at 2:00 p.m.  We’ll be inducting five new members Munreb is sure to be proud of.  Then we’ll have our sponsor for the day, Alpha Land to present to us their interesting new project at Magallanes/EDSA interchange.  Then listen to our special resource speaker, economic analyst, radio commentator and journalist Mr. Butch Valdes. 

Then we’ll bring you back in time as we recollect the foundation of Munreb with some photos of the seven years in retrospect and get to know the pillars of Munreb,  now one of PAREB-s most prestigious local constituent boards.

 Indeed, we  have grown and it’s time we bond and have more fellowship so we’ll keep the meeting short and move on to our celebration. So for the second “bird” we’ll party. Enjoy some cocktails, join the games, win some raffle prizes and rock the floor.  It’s fun day for Munreb members.

And remember to wear RED—that’s our color code for the month of February!

So block off February 19 in your calendars and reserve the afternoon/evening for Munreb.  Please confirm early via email or SMS and be a part of Munreb’s history!

See you all!

Invitations from Developers

As reposted from Munreb_2007 Yahoogroups from President Ophelia Wolf:

If you wish to combine business with pleasure, you may attend any or all of the following special activities/parties sponsored by our previous presentors for brokers.

TODAY 4:00 p.m. 28 November 2008
Congo Grill, Westgate-Filinvest, Alabang
HACIENDA SAN BENITO/MILROSE REALTY BROKERS’ CONVENTION
Saturday, 29 November 2008, 10:00 a.m.
VERSAILLES Groundbreaking of Clubhouse
Versailles, Daang Hari

Wednesday, December 3, 2008, 2:30 p.m.
Banco de Oro (BDO) Christmas Party for Brokers
Leslie’s Restaurant, Commerce Avenue, Alabang
Theme:  Hawaiian
Thursday,December 4, 2008 between 6:00 and 9:00 pm.

 

“EVENING OF OPPORTUNITIES” by Acacia Grove
Cafe Año, Westgate, Filinvest Alabang

Wednesday, December 10, 2008, 5:00 p.m.
ALVEO LAND CHRISTMAS PARTY FOR BROKERS
Dasmariñas Village Clubhouse, Makati City
Attire:  70’s Groove

ENJOY!!!

 

 

 

Invitation to the PAREB-Luzon NCR Board President’s Xmas Party

 

 

Ethics Session Notes

These are the questions and corresponding answers raised during the 5th GMM for the Ethics Committee discussion, as follows:

Q:  Is the broker entitled to a renewal commission for a lease?

Yes, provided that the broker or brokers participated in the renewal of the lease within the given renewal allowance period stipulated in the lease contract, e.g. 90 days, 60 days.

First, is that there should be clear agreement established among the brokers before the closing of the lease how much the renewal commission is, what the sharing scheme of the commission is. Moreover, and perhaps more importantly, that the lessor or owner has agreed to grant a renewal commission to the listing broker after the first year. 

On a side note, if there are grievance issues against another member please approach the Grievance Committee, headed by Atty. Dominique Inigo, to give proper venue and action to the case. 

Trustee Sol advised that the first stage is to have discussion with him or Atty. Inigo for initial action.  If no resolution is reached during the discussion, the Board will require the grievance to be submitted to the Committee in writing.

Q:  Who is entitled to the commission, given that among several brokers involved in the transaction, only 1 broker is licensed, and he happens to be the one with the buyer?

First, if the unlicensed agent offers a listing you did not solicit as licensed broker, you are not obliged to accept the listing.  Further, clarify that you give unlicensed agents only a referral fee, and that the fee is established and agreed upon from the onset. This must be done even before the viewing and acceptance of the listing from the said parties.

It is your responsibility to say that “you accept the listing” only after you see the property.

NOTE:  The above are notes of the author during the 5th GMM open forum, and not to be taken as official rulings of the MUNREB Board of Trustees.  If you have any questions or comments about the discussion questions above please e-mail me .