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Formal College Course for Realtors

Efforts are underway to fast-track the development of a four-year college course for real estate brokers. The target is to launch that course in 2011. What does this mean for you? Read on…

In 4-year formal course for realtors pushed, Aileen Garcia-Yap writes about the proposal sent to CHED.

While the initial course name being floated around was BS Real Estate Service, this might be changed to B.S. Real Estate Management.

If the program opens in 2011, you can expect graduates by 2016, according to the news article.

(Wait… isn’t it going to be a four year course? Why aren’t they expecting graduates by 2015?)

Let’s assume that the earliest graduates are raring to take the PRC real estate brokers’ licensure examinations in 2015. That means you will need to have earned a degree in BS RES or BS REM before you will be allowed to take the RE brokers exam in 2015.

Again, that’s assuming the real estate students really start their college course in 2011.

You’ll also find this in the online article:

…as of now, aspiring real estate brokers were required to finish a four-year formal course and accomplish 120 credit hours of seminar from accredited providers or what they call as Continuing Professional Education (CPE) before they could take the exam.

Just to clarify: Some review service providers say that CPE seminars cannot be used as Comprehensive Real Estate Seminar and Review or CRESAR units.

Well… that can be the subject of technical debate in the future.

For practical purposes, however, we do not recommend that people preparing for the real estate brokers exam rely on a CPE, because the atmosphere in a CPE seminar can be more fluid or less structured.

Afterall, the original target market for real estate CPE seminars in the Philippines is the real estate brokers market, or those who have at least passed the real estate brokers’ licensure examination.

Anyway, the whole point of this blog post is to show you that people are relentlessly pushing for the professionalization of the real estate industry. That means you will need to gain more training, and probably even earn more academic units.

You can wait and spend more time in the future, or you can take action today and get your license while the RESA Law IRR requirements are not yet that stringent or fully implemented.

It’s really up to you. Good luck!

RESAR Online Review for Real Estate Brokers

7 Responses to “Formal College Course for Realtors”

  1. on 26 May 2012 at 7:55 pm Ika

    congratulations!!!!!!!!!!!!!!!!!to all passers .you desvreed it after the long efforts studying,reviewing and all .break a leg and may you all fulfill your dreams but don’t forget to serve our people.

  2. on 23 Feb 2011 at 4:50 pm sonny esquivel

    i would like to ask even you hyave 4 year course in college but still needs unit to finish,,,,can one take a review or take an exam even for a salesmanship…thanks

    [From the Admin] Based on the RESAR Law IRR (RA 9646), you have earned enough years of college to apply for PRC accreditation as a real estate salesperson. Thanks!
  3. on 22 Feb 2011 at 9:39 pm pop

    is there another exam after March 2011?

    [From the Admin] Based on the PRC’s schedule of exams for 2011, there will be a real estate appraisers exam on 29 May 2011.

    We don’t know yet when the next real estate brokers’ exam will be conducted by the PRC.

    Thanks!

  4. on 05 Nov 2010 at 11:33 pm aspiringbroker

    is the review being promoted in cebu are already accredited by PRC?

    [From the Admin] We don’t know if the CRESAR being conducted in Cebu is accredited. We haven’t received any list accredited review service providers yet from the PRC. Thanks!
  5. on 01 Nov 2010 at 4:11 pm dianne

    for those who have not been able to renew their real estate broker’s license for at least 3 years with DTI, are they required to take the real estate broker’s comprehensive exam? or may they just renew license with PRC? thank you.

    [From the Admin] You may register with the PRC without having to take the exam again. One of the requirements is to earn a certain number of CPE credit units.

    For more information, please see
    » PRC Form – Registration Without Examination

  6. on 13 Oct 2010 at 11:32 pm jay

    Hi, the examination for broker is confirmed?
    I called and i went to PRC and was told all the time that there is still no schedule and no required review units.

    please update me regarding broker;s examination

    Thanks and regards

    [From the Admin] We are still waiting for official announcements from the PRC regarding the real estate brokers’ licensure examinations. Please stay tuned. Thanks!

  7. on 12 Oct 2010 at 4:46 pm from batangas

    i am college level, 10yrs in real estate practice…is it possible to take the exam as broker?

    [From the Admin] You need to be a graduate of at least a four-year college course.

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