Real Estate Seminar and Review

Real Estate CRESAR – Only 60 Hours Required?

RESAR on Jan 11 2011 | Filed under: Real Estate Review

Is it true that the PRC will require those who are preparing for the March 27, 2011 Real Estate Brokers Licensure Exams attendance of only 60 hours of a Comprehensive Real Estate Seminar and Review (CRESAR)? And that the remaining balance of 60 hours (to comply with the 120 units of real estate subjects requirement of the RESA Law IRR [RA 9646]) will be covered by OJT?

That’s the info that we’re getting from Tere (PMRB):

PMRB will be conducting a SEMINAR AND REVIEW CLASS in preparation for the Brokers Licensure Exam scheduled on March 27, 2011 at PRC.

We are conducting three (3) Groups for your convenience:
Group A – January 19, 20, 26, 27, February 2, 3, 9 & 10 (Every Wednesdays & Thursdays)

Group B – January 22, 23, 29, 30, February 5, 6, 12 & 13 (Every Saturdays & Sundays)

Group C – February 15, 16, 17, 23, 24, March 1, 2 & 3 (Tuesday, Wednesday & Thursday)

8:00AM TO 5:00P.M. Whole Day TOTAL 64 units as required by PRC not 120

The remaining 60units will be OJT TRAINING.

Seminar Fee – P10,000.00 less 10% if paid 2 days before the seminar date

Inclusive of Lunch/Merienda/Certificate of Attendance/Seminar Materials

TERE (PMRB Secretariat) 893-05-85

According to Emerson of the Cesar Santos Real Estate Academy, there is a memorandum allegedly from the PRC which talks about this 60 hours CRESAR + 60 hours OJT clarification, but it hasn’t been signed yet.

Come to think of it, this clarification makes sense as it will be beneficial to people who have full-time jobs, yet would like to take the Real Estate Brokers Exam of the PRC.

Tags: CRESAR, CRESR, Makati

8 Comments »

8 Responses to “Real Estate CRESAR – Only 60 Hours Required?”

1. on 20 Feb 2011 at 2:15 am 1gregmyr

   greeting! I’m now 20 years in Local Government unit as Appraiser and assessment work in the office of the assessor and finished the 60 units CPE. Do I am now qualify to apply for the PRC License for Realty appraiser without taking the examination? Thank you very much.

   [From the Admin] Hi! Do you hold a permanent position?

   Thanks!

2. on 02 Feb 2011 at 9:13 pm 2Ian

   Hi, may i ask if i’m currently working in an appraisal company as an appraiser for about 3-years and a half, do i still have to undergo with the 60hrs training? or, a certification from the appraisal company that i’m currently working with is enough?

   [From the Admin] If you’re planning to take the Real Estate Appraisers’ Exam, you need to show a document certifying that you have earned 120 units in real estate subjects.

   Some people have said that the 120 units can be in the form of 60 units of Real Estate Seminar and Review, plus 60 hours of OJT.

   We haven’t seen any official announcement from the PRC, though.

   Thanks!

3. on 30 Jan 2011 at 1:07 pm 3gerald gallenito

   hi,

   last yr i attended a seminar for salesperson which earned me 16 units, Is this creditable to the required 120 units?

   I’ve been in real estate profession for the past 3 yrs and made enough sales so far, can my sales performance in some of my developers enough for them to translate such performances into ojt hours and thus provide me with certification authenticating such?

   please enlighten me with this.

   thanks

   [From the Admin] Hi! You need to present a Certificate of Attendance where the seminar organizer (who should be recognized/accepted by the PRC) certifies that you have earned X units in real estate subjects (if you are planning to take the Real Estate Brokers Exam), or X hours of real estate training (if you are planning to get accredited by the PRC as a real estate salesperson).

   We haven’t seen any official announcement from the PRC regarding the treatment of OJT. Just the same, please secure a Certification from them which states how many OJT hours you earned.

   We’ve heard combinations of 60 hours of OJT plus 60 hours of CRESAR, but we haven’t seen any official documents from the PRC regarding this detailed breakdown of the RESA Law IRR’s requirement of 120 units in real estate subjects for those who wish to take the REB Exam.

   Thanks!

4. on 16 Jan 2011 at 10:33 pm 4elizabeth delos santos

   how and when we can start applying for the real estate broker’s exam? aside from 120 units what are the other requirements?

   [From the Admin] Hello! Please see the following:

   http://www.realestateseminarandreview.com/archives/prc-licensure-exam-requirements/

   Also, you may inquire from your CRESAR provider how to go about applying for the Exam Permit at the PRC. From what we heard, you will have to personally apply at the PRC.

5. on 16 Jan 2011 at 7:01 am 5marieta

   Pls update me if this 60 units + 60 hrs ojt will be approved. Thank you so much.

   [From the Admin] We don’t know when the PRC will make any announcement regarding what is exactly meant by “120 units of real estate subjects.”

   Hence, we cannot tell if the PRC will approve the 60 CRESAR + 60 hours OJT approach.

   Our recommendation: Go with reputable CRESAR service providers such as the Cesar Santos Real Estate Academy.

   Thanks!

6. on 15 Jan 2011 at 11:09 pm 6sayti

   I verified from other realty board, 60hours CRESAR + 60hrs O-J-T has not been approved yet by the PRC and how come PMRB offers that option? Can we be sure that PRC will accept those applying to take the exam if we only took 60hrs CRESAR? Furthermore, it would be advantageous for examinees who took the 120hrs compared to 60hrs of review.

   I have a friend who took the 1st module (24hrs) there in PMRB sometime in November, according to him, PMRB promised that in January, they will offer the remaining 96 hrs of review to complete the 120-HR PRC requirement. He felt PMRB left their students hanging in the air and is now worried as to when to enroll since almost all review centers are nearly finished in their 120-hr CRESAR.

   [From the Admin] You need to show to the PRC that you have earned 120 units in real estate subjects. The RESA Law IRR (RA 9646) does not state that those 120 units have to be all in CRESAR format.

   Still, neither have we seen any official announcement from the PRC that they will honor the 60 CRESAR + 60 OJT approach.

   There are CRESAR service providers that offer 60 CRESAR + 60 CRESAR schedules. For example, we suggest that your friend get in touch with the Cesar Santos Real Estate Academy and find out if they may still enroll in the second part (60 hours) of their CRESAR, which will be conducted in February 2011.

   Now your friend has earned only 24 units, which still leaves 36. Your friend can get in touch with the group of Cesar Santos and find out if they can still participate in the January 2011 (60 hours) CRESAR and earn those 36 CRESAR units.

   In other words, here’s what your friend can arrange:

   PMRB – 24 CRESAR units
   Cesar Santos (January 2011) – partial attendance – 36 units
   Cesar Santos (February 2011) – full attendance – 60 units
   Total CRESAR Units = 120 units

   Good luck! 🙂

7. on 13 Jan 2011 at 5:45 pm 7Allen

   Hello again. May I know if this licensure exam this coming March 2011, also applies or applicable to us LGU employees, more particularly employees of the City Assessor who wish to be promoted to a higher position? I heard that this exam is Real Estate Brokers licensure exam? Is there a real estate appraiser’s Licensure exam for us (assessor employees) this year?

   [From the Admin] Hi! The Real Estate Brokers’ Licensure Exam will be conducted by the PRC on 27 March 2011.

   The PRC will conduct the exam for Real Estate Appraisers and Consultants on 29 May 2011.

   For other details, such as the deadline for filing, please see:

   http://www.realestateseminarandreview.com/archives/prc-real-estate-brokers-exam-on-march-27-2011/

   Thanks!

8. on 13 Jan 2011 at 9:40 am 8Icedelosreyes

   Hi. Is there any PRC announcement regarding the 60units+60hrs ojt? I’m planning to enroll in PMRB (they’re legit right?) this coming January 19.

   Thanks for you help 😀

   [From the Admin] We haven’t seen any official document yet from the PRC regarding this “60 CRESAR + 60 hours of OJT = 120 units of real estate subjects” possibility.

   Thank you for asking! 🙂

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