R.A. 9646 RESA LAW

As stated in the law R.A. 9646 (Resa Law) under Section 14 (b) Rule III of the Implementing Rules and Regulations of R.A. 9646 it’s said that any bachelor’s degree from a state university or college can take the licensure examination for Real Estate Broker. I just want to clarify because as stated at the lower part of the section I quote “(b) A holder of a relevant bachelor's degree from a state university or college, or other educational institution duly recognized by the CHED. Pr0vided, That he/she has completed at least one hundred twenty (120) credit units of real estate subjects and training from accredited service providers, as may be determined by the Board; Provided, further, that as soon as a course leading to a Bachelor`s degree in Real Estate Service is implemented by the CHED, the Board shall make this course a requirement for taking the licensure examination,” Is it mean that if I am going to take Bachelor of Science in Business Administration major in Marketing and Advertising this school year I am not allowed to take the licensure examination for Real Estate Broker after I will graduate because there are schools now who offers Bachelor of Science in Real Estate Management but in my preferred school (DLSU-D) they don’t have yet that course. Please explain to me if after I graduate from BSBA can I take the licensure examination for Real Estate Broker? Thanks in Advance !

The RESA Law was implemented only in 2009 and it is very clear with that statement, Real estate service was under DTI before and it allowed any graduates of 4 years up to be a real estate broker (prerequisite to become appraiser and consultant after 5 and 10 years respectively) and it was transferred to PRC and become a profession but because of the absence of graduates for that profession, the PRC until now allows other 4 years up course graduates to take the board exam for real estate broker. If we have now this course this year, then by year 2017 and the following years the PRC will not allow any courses to take the said board exam. My advice, continue your course which is also a good foundation then after graduation, take a post grad course for real estate management by modules at de la salle st benilde. If you are really interested to become a real estate broker, you can start now while taking up course in college by applying for licensed real estate sales person which is also under PRC, you need 120 units which includes 60 units seminars and 60 units actual training. But if you are already in 2nd year college, you need only 60 units to become a licensed sales person. good luck.