Investing in real estate is a complex process at the best of times, given that there are so many factors to consider and no two homes or transactions are similar. However, given all the unique opportunities and potential risks at the current market in Iloilo, it’s even more important for you to contact a REALTOR® who is also licensed by the Professional Regulation Commission (PRC) once you’ve definitely decided to buy.
An educated consumer will realize the value of working with a licensed real estate professional – a formally trained and qualified agent to help him through the process of finding the property, handling the legal paperwork and details, getting the best financing option possible, and eventually closing the transaction.
There is value to the peace of mind generated from availing the services of a real estate professional. Commissioning a knowledgeable agent will save you time, provide a greater selection of properties to choose from and will make the buying process less stressful.
Real Estate Broker and Realtor Qualifications
One of the most important qualifications is if the real estate broker is actively licensed with the Professional Regulation Commission (PRC) in accordance with the Real Estate Act of 2009. He or she must be an active member in good standing with the local Realtors board and the Philippine Institute of Real Estate Service Practitioners (PhilRES, Inc).