Broker/Salesperson GuideDocumentary Requirements
Registration of Real Estate Brokers, Salesperson, Business Firm and Dealer
Work Flow | Time Frame | Processor | Approving Authority | |
1 | Files application for Registration of Real Estate: Broker, Salesperson, Business Firm and Dealer | 5 minutes | Applicant | |
2 | Receives/checks completeness of documents. If incomplete, returns to applicant. If complete, computes processing fee and prepares OP | 40 minutes | Records Officer | |
3 | Pays processing fee | Applicant | ||
4 | Issues OR | Cashier | ||
5 | Submits OR to the Records Officer | Applicant | ||
6 | Evaluates documents submitted. Notes down additional requirements if any, prepare notice of deficiency of requirements for signature of the Head HREDRD. If complete, proceed to Step 13 | 1 day | Evaluator | |
7 | Reviews and signs Notice of Deficiency | 10 minutes | Head, HREDRD | |
8 | Logs out Notice of Deficiency | 10 minutes | Secretary of the Regional Director | |
9 | Releases Notice of Deficiency | 5 minutes | Records Officer | |
10 | Receives Notice of Deficiency | Applicant | ||
11 | Submits Additional Requirements | Applicant | ||
12 | Receives the additional requirements | Applicant | ||
13 | Prepares Certificate of Registration and ID | 30 minutes | Evaluator/Processor | |
14 | Reviews/ evaluates, initials the Certificate of Registration and ID | 5 minutes | Head, HREDRD | |
15 | Reviews and affix signature on the CR and ID | |||
16 | Logs out signed CR and ID to the Records Officer | 10 minutes | Secretary | Regional Director |
17 | Releases CR and ID | 10 minutes | Records Officer | |
18 | Receives Certificate of Registration and ID | 15 minutes | Applicant |
Schedule of Availability of Service:
8:00 am – 5:00 pm (No Noon Break)
Who may avail the Service:
Applicants who practice Real Estate Service
Processing Period:
Peak Season(November-December) – 7 Days
Off Season – 3 Days
8:00 am – 5:00 pm (No Noon Break)
Who may avail the Service:
Applicants who practice Real Estate Service
Processing Period:
Peak Season(November-December) – 7 Days
Off Season – 3 Days
Fees | ||
Applicant/Client | Processing Fee | Cash Bond |
Broker | Php 720.00 | Php 5,000.00 |
Salesperson | Php 288.00 | Php 1,000.00 |
Dealer | Php 720.00 | Php 5,000.00 |
Business Firm | Php 720.00 | Php 20,000.00 |
*Penalty – Php 200.00 (Late or each year for non-renewal) |
Documentary Requirements:
-
- Brokers
- Two (2) recent 2 x 2 color photo
- Photocopy of valid PRC-issued Certificate of Registration and PRC-issued Professional Identification Card
(Originals thereof to be presented upon filing for comparison as faithful reproduction) - Photocopy of the Cash Bond or Surety Bond
(Original copy to be presented upon filing for comparison as faithful reproduction); and - Photocopy of the Official Receipt (Filing Fee for Registration)
- Specimen Signature (for new applicants)
- Salespersons (in addition to the above requirements)
- Photocopy Letter of Engagement/ Employment originally signed by an HLURB- registered Dealer or Broker
- Photocopy of proof of Broker’s DHSUD updated registration
- Business Firms (In addition to Letter A requirements)
6. Secretary’s Certificate or Sworn Authorization of the Representative
7. Photocopy of Certificate of Registration with t Security and Exchange Commission (SEC) for
Corporation/Partnership, Department of Trade and Industry (DTI) for Single Proprietor, or Cooperative Development Authority (CDA) Card (Original thereof to be presented upon filing for comparison as faithful reproduction)
8. Photocopy of the Articles of Incorporation, Partnership, or Cooperation Card (Original thereof to be presented upon filing for comparison as faithful reproduction)
9. Current list of engaged or employed DHSUD brokers and/or salesperson; - Dealer: (In addition to Letter A requirements)
- Photocopy of valid NBI Clearance or Court Clearance Card (Original copy to be presented upon filing for comparison as faithful reproduction)
- Brokers