Engr. Leonora P. Gutierrez, President of Davao Board of Realtors Foundation, Inc. (DBRFI) announced the holding of a series of Continuing Professional Education (CPE) Seminars for all Real Estate Practitioners in the Davao Region and neighboring cities and provinces.
The series of seminars are slated on July 24, 31 and August 7, 2010 at the Grand Men Seng Hotel. It is aimed to help Real Estate Brokers and Salesmen in securing the required CPE Credits to be able to renew their DTI-issued licenses with the PRC or Professional Regulation Commission. With the enactment of the law on real estate practice, RA 9646 otherwise known as the Real Estate Service Act (popularly known as the RESA Law), all licensed real estate professionals will have to renew their licenses without taking the required examinations with the PRC as provided for in Section 20 of the said law.
Section 20 of the law embodies a provision on Registration Without Examination which stated that upon application and payment of the required fees, the following shall be registered, and shall be issued by the Board and the Commission a certificate of registration and a professional identification card without taking the prescribed examination:
1. Those who, on the date of the effectivity of R.A. No. 9646 or as of 31 July 2009, are already licensed as real estate brokers, real estate appraisers or real estate consultants by the Department of Trade and Industry (DTI) by virtue of Ministry Order No. 39, as amended, provided that they are in active practice as real estate brokers, real estate appraisers and real estate consultants, and have undertaken relevant Continuing Education (CPE) to the satisfaction of the Board;
Provided that the following practitioners shall be allowed to register:
a. Any active licensee who has secured or earned fifteen (15) CPE credit units;
b. Those who failed to renew as of 31 July 2009 but have secured or earned twenty-four (24) CPE credit units;
c. Those who have passed the May 2009 licensure examinations given by the DTI but failed to obtain their license upon the effectivity of the Act and have secured or earned twelve (12) CPE credit units;
d. Those who have passed the May 2008 licensure examinations given by the DTI but failed to obtain their license upon the effectivity of the Act and have secured fifteen (15) CPE credit units;
Provided finally, that real estate practitioners falling under the above-described categories who fail to comply with the necessary CPE requirements within two (2) years after the effectivity of the Act, or on or before 31 July 2011, shall be required to take the licensure examination.
With this development, Engr. Gutierrez is calling all developers, realtors, brokers and agents to take advantage of this opportunity before a four-year course on real estate will be a requirement for the licensure examination.
For details, please call the following numbers: (0918)7252256; (0922)8455685; (0912)6213163; 3006787; 2755162. The Davao Board of Realtors Foundation, Inc. (DBRFI) has always been in the forefront when it comes to real estate brokerage education in Davao City. (LPG.07.17.2010)
