Real Estate Broker Registration at PRC

Exactly a week ago,  I -- together with some fellow members from the Pasay Makati Realtors Board-- went to the office of the Philippine Regulation Commission  along Morayta, Manila.  We finally filed  for our real estate broker registration! 

Highlights of our  trip to  PRC:

• Process Guide.   We were  fortunate to have  a step-by-step guide  from   Manny Bocaling, 2010 PAREB President, on how to go about with our registration.  The guide was  a big help -- among other things, it  reminded us of the items  to bring, the windows to approach and the time to allocate for  the process. 
• Less than 3 hours.   That is  about the time we  spent inside the PRC compound.  We arrived at  PRC shortly before 9 and we were already out  before 12 noon.   This included  the time for photocopying some documents that we forgot to make copies of, the leisurely merienda at one of the kiosks  inside the PRC compound and the waiting time for our fellow  PMRB brokers to  finish their application -- one of us actually brought the wrong envelope of documents,  thet fellow broker had to return home somewhere at The Fort and still managed to catch up with us at PRC!
• Van ride.    Thanks to 2011  PMRB President Nelson Arquiza who provided an Urvan that morning with driver even.  There were 11 of us when we left  Metroclub-- our meeting place--  at  8 a.m.  The trip was comfortable and lively--  just what  one can expect when you have a vanful of animated  real estate brokers!
• Pictorial.    This was considered a "mass-filing" event, so there were cameras, and I mean lots of camera phones,  courtesy of course of our fellow brokers. There was even a video recorder.   Marlene Galeos took the "official shots" some of which I posted here.

Before we headed back for Metroclub, we stopped by for lunch at  Golden Fortune Seafood Restaurant along T. M. Kalaw.  Gilbert Yupangco made excellent dish recommendations and I was glad he did.



At Metroclub, after reviewing our documents prior to trip to PRC

 


At Metroclub Makati, before boarding the Urvan

 


At the line on the 3rd Floor Window at PRC




After the registration process, at the PRC Office Lobby




All smiles after a hearty meal at Golden Fortune Seafood Restaurant.
Lunch recommendation and photo courtesy of Gilbert Yupangco. 


Conclusion: the actual registration process was not tedious at all.  What was time-consuming was the  completion of  all the required documents which included among other things-- a Ps 20,000 surety bond from a PRC accredited company, the original NSO copy  of  birth certificate and  NBI clearance.

BTW, we were told   by a  PRC  employee (the one at the 3rd floor window)  that we could expect our  registration approval after 3 months. Yes, that would be February of 2011-- perhaps in time for the Chinese New Year.  Anyway, I can go about with our real estate practice as I already have an official PRC claim stub for a 3-year registration card. That will do for now.

FLASH:  The list of  488 real estate brokers who can take oath this November was just released by PRC. Click here.