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Five Authorized Real Estate Brokers' Licensure Exam Review Centers in the Philippines

27 May 2022
Five Authorized Real Estate Brokers Licensure Exam Review Centers in the Philippines

Indeed, the real estate industry in the Philippines continues to grow. More and more Filipinos are starting to realize how important it is to own a house as security and investment. Hence, creating opportunities for individuals wanting to start a career as a real estate professional. No wonder a lot of people see the possibility of pursuing a career in this industry. Housing developers like Lumina Homes offer not just affordable houses and lots to every Juan but also lucrative careers where one can guarantee professional growth.

 

Are you an aspiring agent looking for a review center that will help you ace the real estate brokers' licensure exam? We rounded up 5 of the best review centers in the Philippines to get you started!

 

But first, here's why you should get a real estate broker license and start your career.

 

Why Should You Get a Real Estate Broker License?

Aside from the fact that it is now mandated by the passage of R.A. 9646 or also known as the RESA Law in 2009, the need to require a professional license was designed in order to protect buyers and sellers of real estate property. A licensed real estate broker is also protected by the said law to practice a guided profession.

 

The Professional Regulation Commission (PRC) regulates the practice of being a real estate agent through a licensure examination. Unlike before, the Commission on Higher Education (CHED) issued a Memorandum Order providing for the policies and guidelines for the Bachelor of Science in Real Estate Management (B.S. REM) course in 2011. That states that having a degree in B.S. Real Estate Management is a requirement so you can take the licensure exam.

 

RESA Law Section 14 (b) stated:

“SEC. 14. Qualification of Applicants for Examinations. In order to be admitted to the licensure examination for real estate service, a candidate shall, at the time of filing his/her application, establish to the satisfaction of the Board that he/she possesses the following qualifications:

 

(b) A holder of a relevant bachelor’s degree from a state university or college, or other educational institution duly recognized by the CHED: Provided, That as soon as a course leading to a Bachelor’s degree in Real Estate Service is implemented by the CHED, the Board shall make this course a requirement for taking the “licensure examination.”

 

Before moving forward to find a review center, make sure to possess the qualifications needed as stated in the R.A. 9646 Implementing Rules and Regulations (IRR).

 

Take note that the Professional Regulatory Board also requires a separate license for real estate appraisers and real estate consultants. Hence, if you wish to specialize in the appraisal of property or real estate consultancy, you may take them after you pass the real estate broker’s license examination.

 

For other licensure examinations, self-study is an option but it's not the case in taking the real estate brokers' exam. You must complete at least a hundred and twenty (120) units of real estate subjects only through verified and accredited training centers.

 

With lots of accredited real estate broker examination training centers in the Philippines, finding the best one might be tough. Hence, we made a shortlist of the training centers where aspiring real estate brokers like you can move closer to your dream to own a license.

 

Five Accredited Real Estate Exam Training Centers with Comprehensive Real Estate Seminar And Review (CRESAR)

 

1. URBAN Institute of Real Estate and Construction (Urban)

Headed by Engr. Enrico Cruz, Urban Institute of Real Estate and Construction conducts seminars and training on real estate education. They offer courses for real estate investors, developers & professionals. In the 2021 Appraiser Board Exam, URBAN reviewees registered a 100% passing rate and placed 5 reviewees in the top ten. Also in the Appraisers exam of 2016, URBAN Institute captured the top 2 to 10 placing 20 examinees in the top 10 with an 85% passing rate against the National passing rate of only 33%. That's an impressive figure if you're looking for a review center that will help you prepare.

 

Feel free to contact them on their mobile number 0917 501 3925 or send an inquiry at [email protected] . Check them out on Facebook for m0re details.

 

2. Manila Board of Realtors Inc.

With the purpose of “To unite real estate men of this community for the purpose of exerting effectively a combined influence upon a matter affecting real estate interest” , Manila Board of Realtors Inc. seeks to be one of the leading organizations of real estate service practitioners and affiliates. They are dedicated to serving the real estate industry with passion and excellence. Now if you share the same views as them, you can call (02) 561 6849 or send an inquiry at [email protected] . They are on Facebook too! Check out their page PAREB - MANILA BOARD of REALTORS, Inc. for announcements.

 

3. Cesar E. Santos (CES) Real Estate Academy

If you're looking for comprehensive real estate training with coaching, CES Academy got your back. They are a PRC-Accredited Real Estate Continuing Professional Development Provider and offer real estate basics training and updates for brokers, appraisers, and salespersons too! Contact them through (02) 8941-7929 / 8356-3165 or reach them by mobile on 0917-1906544. You can send inquiries at [email protected] for more info.

 

4. Real Estate Brokers Association of the Philippines – Las Piñas, Muntinlupa, Paranaque (LMP) Chapter

Started four decades ago, Real Estate Brokers Association of the Philippines or REBAP is a group of dedicated licensed real estate brokers who dedicated themselves to professionalizing the real estate industry. They also aim to raise the level of ethical standards of licensed real estate practitioners. With this noble purpose, they established the Real Estate Brokers Association of the Philippines, Inc. (REBAP). They are located on the Second Floor of CREBA Bldg., South A St., Don Alejandro Roces, Avenue Quezon City, Philippines. Send your inquiries to [email protected] or call them via (02) 8373 2281 | +63 977 841 4776.

 

5. Prime Real Estate Values and Integrated Learnings (PREVAIL), Inc.

Prime Real Estate Values And Integrated Learnings Inc. (PREVAIL) is a PRC-Accredited CPD Service Provider and a PRC-Accredited Provider for Real Estate Review/Training. PREVAIL Inc. adheres to helping its students/aspirants to take the first step in entering the real estate profession.

 

They vow to continue the legacy of providing and serving the real estate industry and its noble professional servicemen to improve their lives, skills, and competence through enriched training. If you wish to partner with PREVAIL, contact them at 0917 773 8245 or send an inquiry to [email protected] .

With our list of accredited real estate broker examination training centers here in the Philippines, it is now your responsibility to check their unique offers to help you. It may depend on your learning style or knowing how the training facilitator or lecturer conduct sessions. Good training, related experience, and reliable learning materials are excellent to have. But you must also remember that it require other factors such as dedication, hardwork, and focus to pass and excel in the real estate broker exam. Best of luck!

 

Be a BIDA Seller: Join Lumina's Network of Real Estate Professionals!

Looking for a reliable real estate developer to work for? Lumina Homes is one of the most trusted housing developers in the country. We offer flexible payment options such as bank housing loans, with home options of bigger and better living spaces making us in demand in the real estate market.

 

Once you are already a licensed real estate broker, Lumina Homes is ready to welcome you as a real estate professional and kick start your selling journey. With over 50 highly accessible communities across the country, you'll definitely love helping Filipinos achieve their dream to own a house.

 

Did you know that Lumina Homes was recently recognized as the Best Affordable Housing Developer in the Philippines by the 1st Carousell Property Awards? Be one of us and experience the digital innovations in real estate selling!

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