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Careers in Real Estate: Five (5) Types of Real Estate Service Practitioners in the Philippines by Harry Dobell





Article Author Biography
Careers in Real Estate: Five (5) Types of Real Estate Service Practitioners in the Philippines by
Article Posted: 02/21/2013
Article Views: 71
Articles Written: 510
Word Count: 439
Article Votes: 0
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Careers in Real Estate: Five (5) Types of Real Estate Service Practitioners in the Philippines


 
Real Estate
If you want to establish a career in Philippine real estate, you need to understand the difference among the types of practitioners in the country. This will help you decide if your skills are more apt as an agent who sells condo in the Philippines or if you are meant for a much bigger role such that of a manager or consultant.

As defined by law, via Republic Act 9646, there are five (5) classifications of professionals who can practice real estate service here in the Philippines. They are as follows:

1. Real estate consultant - offers or renders professional advice and judgment on the acquisition, enhancement, preservation, utilization or disposition of lands or improvements thereon; and the conception, planning, management and development of real estate projects.

Skills and talents required: active listening skills; critical thinker; good/excellent verbal and nonverbal communication; interpersonal skills; decision maker; problem solver

2. Real estate appraiser—performs or renders, or offers to perform services in estimating and arriving at an opinion of or acts as an expert on real estate values, such services of which shall be finally rendered by the preparation of the report in acceptable written form.

Skills and talents required: good/excellent in numbers; active listening skills; reading comprehension; critical thinker; good/excellent verbal and nonverbal communication; decision maker;

3. Real estate assessor —works in a local government unit and performs appraisal and assessment of real properties, including plants, equipment, and machineries, essentially for taxation purposes.

Skills and talents required: active listening, reading comprehension; good/excellent with numbers; time management; service-oriented; complex problem solver; good/excellent verbal and nonverbal communication; critical thinker; decision-maker; monitoring skills

4. Real estate broker - acts as an agent of a party in a real estate transaction to offer, advertise, solicit, list, promote, mediate, negotiate or effect the meeting of the minds on the sale, purchase, exchange, mortgage, lease or joint venture, or other similar transactions on real estate or any interest therein.

Skills and talents required: negotiation skills; time management; active listening; reading comprehension; management of financial resources; critical thinker; decision maker; complex problem solver; active learning; good/excellent verbal and nonverbal communication; socially perceptive; monitoring skills

5. Real estate salesperson - performs service for, and in behalf of a real estate broker who is registered and licensed by the Professional Regulatory Board of Real Estate Service for or in expectation of a share in the commission, professional fee, compensation or other valuable consideration.

Skills and talents required:active listening; sales and marketing; charismatic and charming; honest and trustworthy; good/excellent verbal and nonverbal communication; negotiation skills

Related Articles - real estate, real estate Philippines, types of real estate, real estate agent, real estate brokers, realtors,

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