Real Estate 101 For The Young Enthusiasts

[noliverh]

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matsalams bro... soon.... hehehe...

hi NOliverh....

good job..wouldnt be surprised you will be the next millionaire here in istorya,...keep it up bro..

Godbless

jabez

[Borgy]

Ok bro..let me educate u regrading this.
By virtue on the essence of laws of real estate, IT IS ONLY THE LICENSED REAL ESTATE BROKER WHO CAN SELL A REAL ESTATE PRODUCT OR PROPERTY... NOT A LICENSED REAL ESTATE SALESMAN.
It may come as a shock to those who don't know. But yes it is.
Real Estate salesmen (licensed) are only COMMISSIONED by the RE Broker (licensed as well) to transact in behalf of the broker.
The RE BROKER is an institution.

Only sellers should sell. Owners should own.
That should be the correct way. Its about respecting all institutions in the industry.
But u know, sometimes we have greed.
This is only my opinion.
But in legal, actually pwede ang tag-iya ang mobaligya..syempre..


On ur last statement, yes if u are not licensed to sell...don't sell
Mahulog ka nga colorum ana bro..
Remember there is a very big penalty on this.. at least 40,000
The licensing is done for the accountability of practitioners
"One-time hit" is avoided here..
Those who will be selling, should stay in real estate



Thats the essence.

ah so naa lagi system in place , i really though it would be just a simple referal and the owner will be the one to tell the story and close, and naa na sa owner if mu hatag sa inyo promise na Gentlemen's agreement if mu dayon.Just like what happened 2yrs ago sa neigbor among lola, naa ko gi refer na buyer sila na nag istorya sa owner ,hehe na close man gi hatagan man ko iyahang promise.

So in a profesional transaction the broker tanan mu buhat? from finding a buyer to helping process documents and doing the sales talk till closing sa deal? But i think if these is the case naa legal document like a contract with the owner authorizing you a broker to deal his property.


ok Sir thks for the detailed explanation, i think i need to buy books to learn the basics and were to start hehehe.

[cirext]

ah so naa lagi system in place , i really though it would be just a simple referal and the owner will be the one to tell the story and close, and naa na sa owner if mu hatag sa inyo promise na Gentlemen's agreement if mu dayon.Just like what happened 2yrs ago sa neigbor among lola, naa ko gi refer na buyer sila na nag istorya sa owner ,hehe na close man gi hatagan man ko iyahang promise.

So in a profesional transaction the broker tanan mu buhat? from finding a buyer to helping process documents and doing the sales talk till closing sa deal? But i think if these is the case naa legal document like a contract with the owner authorizing you a broker to deal his property.


ok Sir thks for the detailed explanation, i think i need to buy books to learn the basics and were to start hehehe.

u got that right bro...

[cirext]

nindut sad ning real state dah! Dili lang ko kahibalo mu-baligyag patay... hehehe... peace!

bitaw, mostly sa akong na-meet nga broker, grabe mubulatik para lang makapalit ka... kulang nalang mubaligyag patay... and why is that? hehehehe... peace.

Yes its a reality in the profession that there are bad eggs.
If that is so, kindly check if that is really a broker...
And kindly check the license..
Afterwards, file a complaint w/ DTI.

May i ask, if how do u know that he/she is a broker?
I hope bro, u know what a broker is..
Because many would claim.
Other buyers as well didnt even really know..they juz thought it was.
Then blame it to the profession, when most are doing it cleanly.

but beforehand, here's another point:
i dont know bro if u can force somebody to buy a million worth by bulatik
if bulatikon ko ug papalit ug bobot..posible siguro
what i mean here is that, u think well before buying..
nobody can force you to buy or not to buy.

if u are strong with ur allegation of wrong practice...
kindly put concrete evidence on these situations:
1. kinsa nga mga brokers? (Because ur mentioning mostly...so daghan)
2. what are the properties that you bought?
3. how and where did they deceive you?

If you can't post it here...
It would seem that your reply is..
A motherhood statement & allegation coming from somebody who didnt even recognize a broker..
And didn't even buy a property from a Broker.

[cirext]

hi cirext...


i understand that those who passed the real estate exam c/o DTI is a real estate broker...

how is it to become a realtor and what are needed?

thanks

jabez

bro, when did u pass the RE Broker's Board?
Did u get ur license already?

if you really want the profession, practice it...divulge urself in it.
because many bro, have passed the brokers board...and they juz end there.
sayang ang opportunities...-

[graz]

Yes its a reality in the profession that there are bad eggs.
If that is so, kindly check if that is really a broker...
And kindly check the license..
Afterwards, file a complaint w/ DTI.

May i ask, if how do u know that he/she is a broker?
I hope bro, u know what a broker is..
Because many would claim.
Other buyers as well didnt even really know..they juz thought it was.
Then blame it to the profession, when most are doing it cleanly.

but beforehand, here's another point:
i dont know bro if u can force somebody to buy a million worth by bulatik
if bulatikon ko ug papalit ug bobot..posible siguro
what i mean here is that, u think well before buying..
nobody can force you to buy or not to buy.

if u are strong with ur allegation of wrong practice...
kindly put concrete evidence on these situations:
1. kinsa nga mga brokers? (Because ur mentioning mostly...so daghan)
2. what are the properties that you bought?
3. how and where did they deceive you?

If you can't post it here...
It would seem that your reply is..
A motherhood statement & allegation coming from somebody who didnt even recognize a broker..
And didn't even buy a property from a Broker.

sounds like natandog ang imo ego sa akong gi-sulti bro and I am not sorry for that... but to answer your questions...
1. I won't name names, mostly naka-ila ra nako sa internet, forums and classifieds most specifically. And yes they posted they license number. Filing complaints w/ DTI will take a hell out of my time. They're not worth it.
2. acquired 2 subdivision lots already.
3.
example-broker1: how : when I asked them about the target of turn-over, mu-ingon dayon "Next Year" after 2 years namong binayad (almost fully paid) wala pa gyud nasugdan ug develop.
where : during site visits.
example-broker2: how: tawag-tawagan ka balik, same property ra ang gi-offer.


I know Real State is a good business pero unta tug-anan ug saktong detalye ang buyer, kung dili sad ginahan ang buyer then why don't you just leave them alone?

[neil11]

I know Real State is a good business pero unta tug-anan ug saktong detalye ang buyer, kung dili sad ginahan ang buyer then why don't you just leave them alone?

i think not all brokers are like that...there may be some, but not all perhaps...

[graz]

i think not all brokers are like that...there may be some, but not all perhaps...

agree...

just like what I've mentioned in my earlier post, "MOSTLY SA AKONG NA-MEET NGA BROKER, GRABE MUBALATIK", that means..

not all brokers are like that
not all brokers I've met are like that

mao ra na... murag na OT nata dri da... peace, bro.

[graz]

oh! by the way, I'm posting this not because I want to discourage all young enthusiasts whose learning to be a broker but I'm posting to let me aware that there are buyers out there who doesn't like this kind of attitude.

I hope this will clarify things out.

[neil11]

oh! by the way, I'm posting this not because I want to discourage all young enthusiasts whose learning to be a broker but I'm posting to let me aware that there are buyers out there who doesn't like this kind of attitude.

I hope this will clarify things out.

thanx..we will not develop that kind of personality..