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Real Estate Brokers Exam Review Breakdown of 120 Hours
RESAR on Sep 01 2011 | Filed under: General, Real Estate Review
People preparing for the upcoming PRC’s Real Estate Brokers’ Licensure Examinations are asking about the breakdown of the 120 units in real estate subjects requirement provided in the RESA Law IRR (RA 9646). Here’s what the PRB-RES wrote about the matter…
The following was excerpted from the PRB-RES Memorandum Circular NO. 2011-04:
2. Crediting of Hours. The requirement of 120 hours seminar and trainings is complied with in support of their respective applications, as follows:
a. Sixty (60) hours lecture, classroom and/or seminar hours on real estate subjects and/or modulces may include, but not limited to:
i. FOR APPLICANTS FOR THE BOARD LICENSURE EXAMINATION: must be a graduate of a bachelor’s degree as a minimum requirement. A master’s degree, law or Doctoral degrees may be credited a maximum of 15 points provided it is relevant to real estate service. Attendance in a continuing professional education in a (sic) real estate seminars, trainings, lectures, conventions and workshops with equivalent numbers of hours earned.
…
iv. FOR APPLICANTS FOR ACCREDITATION OF REAL ESTATE SALESPERSONS: credit units/hours earned in any Continuing Education Program (CEP) for the years 2007 and thereafter under Ministry Order No. 39 as amended by DAO No. 6, Series of 1994 and DAO No. 3, Series of 1999 of the Department of Trade and Industry (DTI); credit units/hours earned in any accredited seminars, trainings, lectures, conventions, and workshop of an accredited service provider; credit units/hours earned in any Continuing Professional Education (CPE) Program offered by an accredited service provider.
b. Sixty (60) hours of on-the-job training, apprenticeship and/or workshop as certified and subscribed by the following:
i. Registered and licensed real estate brokers, appraisers and/or consultants with at least 5 years of real estate practice.
ii. Duly licensed and registered real estate developers / employer in good standing with HLURB and other government agencies.
iii. Provinbcial, city, and municipal assessors and other government appraisers; and
iv. Accredited service providers for workshops / seminars attended as formal seminars, trainings, lectures, conventions and workshops organized and offered thereby.
v. Provided further, that all those mentioned under b-i, ii, iii, iv must submit to the satisfaction of the Board,
a. Registration with the DTI / SEC
b. Certificate of good standing with their respective government agenciesc. The applicant, however, may opt to take the full 120 hours thru seminars, trainings, and workshops, as the case may be.
Notwithstanding the foregoing, an applicant shall be deemed to have satisfied and complied with the required hours upon submission of a notarized certification that he/she has attended seminars, training, lectures, conventions and workshops and/or lectures for a total of full 120 hours as stated in paragraph 2(a) hereof.
(b) Forms and Certificates. Any form or certificate indicating the details of the foregoing may be accepted if it is duly notarized.
Strict compliance herewith is hereby enjoined.
January 20, 2011
Manila, Philippines(SGD) Eduardo G. Ong, Ph. D., DBA, DPA
Chairman
Board of Real Estate ServiceNoted by:
(SGD) Hon. Teresita R. Manzala
Chairperson
Has anyone found the website of the PRB-RES, where they have archived all their Memorandum Circulars?
We hope this helps answer your questions of whether you need 60 hours or 120 hours, especially now that Comprehensive Real Estate Seminar and Review or CRESAR service providers are offering 60-hour reviews for those preparing for the REB Exam.
hi, are u holding any review here in davao city? also, in lieu of physical attendance in the classroom, can i do the 120 hour requirement via your online class?
[From the RESAR Admin] You may need to attend a face-to-face review to earn those 120 hours/units.
Is a midwife diploma( PRC board passer) enough to qualify to take the Real Estate Brokers exam?
[From RESAR] You’ll need a college diploma. It would be better if you would visit the PRC so that you can get in writing if they are willing to accept a midwife diploma. Thanks!
i came across an ad in the news paper, it read, if you have a work experienced for more than 5yrs., you can take the seminar for the Real Estate Broker for 60 units only but if you don’t have work experienced then you need to attend the 120 units, how true it is? Am looking for a school that offer the CRESAR-face to face seminar.,can you send me one that is close to my place? I live in bacoor,cavite., and is your school/conducted seminar located where? If in case the CRESAR fee of P20,000.00 should be pay in cash at one time? or its like a tuition fee that can be paid gradually? I have my bachelor degree and am interested to be come a Real Estate Broker.,can I be qualified inspite of my lack of experience in real estate?., i have 17yrs of work experienced at the office…can that suffice the other 60units.,please help me.,thanks..and god bless
[From RESAR] Hello! You will find the requirements listed here:
http://www.realestateseminarandreview.com/archives/prc-licensure-exam-requirements/
(Experience is not required)
You’ll need 120 units in real estate subjects. Your choices are:
120 hour Comprehensive Real Estate Seminar And Review (CRESAR), or
60 hours CRESAR + 60 hours OJT with a real estate property developer or a licensed real estate broker
Most of the face-to-face REB Exam Reviews are conducted in Makati or Quezon City. For more info and updates, please send email to: REBReviewClass@aweber.com
Thanks!
Is the 120 hrs review in REB valid for application in 120 hrs in REA? Thanks!
You may wish to consider directly contacting the PRC if they are willing to issue you an Exam Permit for the Real Estate Appraisers Exam, based on 120 units earned in the review for RE Brokers.
Thank you.
hi, i graduated in college in 1995 major in BS Accountancy. Do i still need 120 units or 60 units? since its been 17 yrs i really need to refresh and i wanted to be a licensed real estate Broker. i used to do selling as an agent but i want to have a license.. please help. thank you
Some people earn this by attending a 120-hour face-to-face Comprehensive Real Estate Seminar and Review (CRESAR).
For more information and to get updates, please send an email to:
REBReviewClass@aweber.com
Thank you.
i am an OFW. I want take the exam in Mar 18 for in time I will be on vacation. How would I take review and OJT to acquire 120hrs? I am an associate Civil engineer. How I can take the exam the easy way. Please advice. Thanks.
Hi .. I am a registered nurse but i really want to become a real estate broker. I already e-mailed REBreviewClass for seduring my slot for a 60 hours review classes. However, I would like to know, how will I be able to acquire the 60hours ojt?
how much is the review and when is the next licensure exam?is it true that only graduates from the said course can take that exam ?
Since the PRC will conduct a Real Estate Brokers’ Exam on March 18, 2012 and since there are no BS Real Estate Management graduates yet, then we can reasonably assume that for the March 2012 REB Exam, even college graduates without a BS degree in REM may take the REB Exam.
Thanks!
i finished the 120 hr review last Feb. 25, 2011 in preparation for the broker’s exam scheduled for that year. But due to a family emergency i was not able to take the test. I am planning to take next year’s exam but will my 120 hr certificate still be valid?
thank you.
Hopefully, they will. When Accounting graduates fail a CPA Exam, for example, when they re-take the PRC Board Exam, they’re not required to go through college all over again, right?
Now if the PRC does not approve your application for an Exam Permit due to lack of 120 units in real estate subjects, then you still have time in January and February 2012 to earn those 120 units.
Still, it would be better if you inquire with the PRC early.
Thanks!
please send to my email the dates of face to face review on broker’s exam.where can i get the application form and pay for the the review
Im from caloocan city. Thanks
Hello there!
I just want to make some inquiry with regards to license renewal without exam?
My Husband is a license broker and
I am license real estate salesperson since 1997 and we still got our license which is due to expire this coming December 2011, ( DTI & HLURB)
my question is… Do we still have a chance of getting a new license under the new law ( PRC)
If so: what are the requirements we need to provide?
Best regards
It is said that i can opt to do 120 hours of lectures/seminars,
so that i wouldnt need to do ojt. Do you have a list of schools
or seminars/ classes?
Thanks.
I am a 3-year college graduate in Civil Engineering Technology, completed 3 real estate subjects online from Allied Business School-California, and presently earned 15 credit units in BS Tourism Management at DeLa Salle-Dasmarinas. Am I qualified to to take the Review, Exam and then the Broker License?
is the PRC have the list of accredited providers for OJT?
hi, isn’t it possible that i can get examination even though im not college graduate… ??
I want to know if the online review/seminar can be counted as 120 hours of seminar required by the PRC even though he/she didn’t attend the seminar/lecture in a classroom but reviewed only online?
You need to present that notarized Certificate to the PRC when applying for your Examination Permit (Real Estate Brokers’ Exam).
The RESAR Online Review is a supplemental review which aims to help you learn real estate concepts faster, and retain the information longer (through Learning Principles and Techniques), so that you can help improve your chances of scoring higher in the exam.
Thanks!
new email address
what do you mean 60 hours on the job training letter V a?
60-unit CRESAR
60-hours OJT
Just make sure beforehand that the PRC will recognize the Certificate of Completion of 60 hours of OJT that will be issued by your real estate company, for purposes of complying with the prerequisites of the Examination Permit for the PRC Real Estate Brokers’ Licensure Exams.
Thanks!
if you have a DTI license is it equivalent to 60 hours?