Buyers' agent will not recognize brokers licensed under the anomalous PRB-RES
QUESTION: Sir John, as an Exclusive Buyer Agent kind of a Broker, do you consider real estate properties that are represented by seller-side licensed brokers who are licensed under the PRB-RES? ANSWER: I used to, but this time NO, because I do not recognize the anomalous installation of the current PRB-RES of PRC. For the best interest of my client, I will have to bypass the Broker and deal directly with Seller.The RA 9646 requires the formation of AIPORESP first before PRB-RES can be nominated, before oathtaking can be done, before exam can be done. There is no AIPORESP yet, so there should be no PRB-RES yet, there should be no oathtaking yet, there should be no exam yet. Follow up Question: Sir John, how do you know who is the owner of the property being advertised for sale? ANSWER: That is easy. Just check out the location of the property, sketch the map, and verify it in the Real Estate Property Tax Assessors Office of the Local Government Unit, then pay P160 in the Registry of Deeds to get a Certified Copy of the Title of Property. That's how easy to know the papers and owner of a property being offered/advertised for sale.