CEBU CITY – The next three years will be “very rosy” for those in the real estate industry.
PRIME movers of the Real Estate Salespersons Congress gather for a photo prior to the start of the convention at Radisson Blu in Cebu City Thursday, Aug. 25. (Calvin D. Cordova)
Players in the real es
'COLORUM' AGENTS. Screengrab shows members of the Philippine Association of Real Estate Boards Inc. (PAREB) during the Cebu Real Estate Board Inc. general membership meeting on Friday (April 8, 2022). PAREB senior vice president Engr. Jovencio Cainong lamented the proliferation of "colorum" real estate agents who continue to "unscrupulously dupe buyers". (Screengrab from Zoom) CEBU CITY - The Philippine Association of Real Estate Boards Inc. (PAREB) has lamented the proliferation of "colorum" real estate agents who continue to "unscrupulously dupe" buyers despite a law regulating the practice of real estate service. During the general membership meeting of their association's Cebu Real Estate Board Inc. and on the occasion of its 62nd anniversary celebration Friday, PAREB senior vice president Jovencio Cainong said unlicensed brokers are already dominating Marketplace in Facebook. "After 13 years of the implementation of RESA (Re
(File photo) MANILA - The government has formally institutionalized its intensive drive and measures against illegal activities related to real estate property and other housing projects in the country. Department of Human Settlements and Urban Development (DHSUD) Secretary Eduardo Del Rosario signed a memorandum of agreement with the representatives of the Real Estate Brokers Association of the Philippines over the weekend to formalize their partnership for a nationwide crackdown against real estate scammers. The move is part of the DHSUD's Special Order No. 2021-002, creating a technical working group (TWG) that will institutionalize the department's intensified drive on anti-illegal real estate practices. The DSHUD, along with the Department of the Interior and Local Government, among other national government and law enforcement agencies as well as REBAP will be adopting a whole-government approach to address illicit transactions and other issues in the housing industry. De
The Department of Human Settlements and Urban Development (DHSUD) has signed a memorandum of agreement (MOA) with the Real Estate Brokers Association of the Philippines Inc. (REBAP) to fight real-estate scammers. DHSUD said under the agreement, REBAP broker-members of REBAP, would serve as monitors of illegal practices and submit documentary…